Our thinking, and the news around us.

Oriental Brewery changed how Korea saw this industry. A year of headlines has reverted it. On what the industry actually does when it works — and the homework it owes to be trusted again.

The moon was always visible and never reached. What changed was not the dream, but the knowledge to close the distance. Why Korea’s mid-market is in that same moment — the name, and the strategy that follows from it.

Returns come from making companies fundamentally better. After 25 years, why I built a firm with value creation at its core — the founding letter in full (English & Korean).