Svmuu reported that “New Stock God” Serenity posted on platform X, stating that its holdings of the ETF EWY, which tracks the Korean stock market, have risen by 485% over the past few months, primarily driven by implied volatility expansion and a directional “memory-long” strategy. During a period of market volatility triggered by the situation in Iran, some investors chose to exit due to panic and pessimistic social media commentary. However, the semiconductor “memory cycle” trade, represented by Samsung, SK Hynix, and Micron Technology, performed exceptionally strongly.
Serenity further stated that if one can foresee Samsung and SK Hynix becoming among the most profitable companies globally by 2028, then adhering to this long-term logic and enduring volatility in a high-volatility environment might be an effective investment path. It is reported that the main components of EWY include: Samsung Electronics, SK Hynix, and major South Korean financial, manufacturing, and export companies.