Last updated: August 2, 2026
1. No Investment Advice
The information provided on korea-stock-guide.com (the “Site”) is for general informational and educational purposes only. It does not constitute, and should not be construed as, investment advice, financial advice, trading advice, a recommendation, an offer, or a solicitation to buy or sell any security, financial instrument, or investment product.
Nothing on this Site takes into account your individual financial situation, investment objectives, risk tolerance, tax position, or particular needs. You should not treat any content on this Site as a personalized recommendation.
2. Not a Registered Investment Adviser or Broker-Dealer
John & Lee Equity Research is not a registered investment adviser, broker-dealer, financial planner, or licensed financial professional in the United States, the Republic of Korea, the European Union, the United Kingdom, or any other jurisdiction.
The Site operates as an independent publisher of general market commentary and does not provide individualized advisory services to any person.
Before making any investment decision, consult a qualified, licensed financial professional in your own jurisdiction.
3. Foreign Market and Currency Risk
This Site focuses on securities listed on the Korea Exchange (KRX) and on Korean companies more generally. Investing in foreign securities involves risks that are additional to, and may be greater than, those associated with domestic investments, including but not limited to:
- Currency risk — returns may be materially affected by KRW/USD exchange rate movements, independent of the underlying security’s performance
- Regulatory and legal differences — Korean securities law, disclosure standards, corporate governance norms, and shareholder protections differ from those in other jurisdictions
- Market structure risk — trading hours, settlement cycles, price limit mechanisms, short-selling rules, and circuit breakers differ from other markets
- Liquidity risk — particularly for KOSDAQ-listed and small-capitalization securities
- Political, geopolitical, and macroeconomic risk specific to the Korean peninsula and the broader region
- Tax treatment — foreign investors may be subject to withholding taxes and reporting obligations that vary by country of residence
- Information asymmetry — a substantial portion of Korean corporate disclosure, regulatory filings, and financial media is published only in Korean
4. No Guarantee of Accuracy
While reasonable efforts are made to ensure accuracy, the content on this Site is provided “as is” and without warranties of any kind, express or implied.
Information may contain errors, omissions, or inaccuracies. Information may become outdated. Financial data, price targets, analyst ratings, and estimates referenced on this Site reflect their state as of the date of publication only and are subject to change without notice. We undertake no obligation to update any content.
Where content involves the translation or interpretation of Korean-language source material, translation errors or differences in interpretation may occur. Readers should refer to original source documents where accuracy is material to their decision.
5. Past Performance
Past performance is not indicative of, and provides no guarantee of, future results. Any historical returns, projections, estimates, or forward-looking statements are hypothetical in nature, may not reflect actual future performance, and should not be relied upon as a predictor of future outcomes.
6. Opinions Are Our Own and May Be Wrong
Any opinions, analyses, theses, or views expressed on this Site are those of the author at the time of writing. They are subjective judgments, not statements of fact, and may change without notice. They may be incorrect.
7. Third-Party Content and Sources
This Site references and cites third-party sources, including regulatory filings, exchange data, company disclosures, and published research by financial institutions. Such references are made for informational and analytical purposes, and are attributed to their source.
Reference to any third-party source does not imply:
- endorsement of this Site by that third party
- any affiliation, partnership, or relationship with that third party
- verification, approval, or adoption of that third party’s views by this Site
We are not responsible for the accuracy or completeness of third-party content, nor for the content of any external website linked from this Site.
8. Disclosure of Positions
The author may hold, acquire, or dispose of positions in securities discussed on this Site. Where a material position exists in a security that is the primary subject of an article, that position will be disclosed within the article itself.
No compensation is received from any company, issuer, or third party in exchange for coverage, and no company discussed on this Site has any editorial input, review right, or influence over content. See our Editorial Policy.
9. Affiliate Relationships
This Site participates in affiliate and advertising programs and may earn compensation from certain links. This does not affect the price you pay and does not influence editorial content. See our Affiliate Disclosure for full details.
10. Limitation of Liability
To the maximum extent permitted by applicable law, John & Lee Equity Research and the Site shall not be liable for any direct, indirect, incidental, consequential, special, punitive, or exemplary damages — including without limitation investment losses, lost profits, or lost opportunity — arising out of or in connection with your access to, use of, or reliance upon any content on this Site.
You use this Site and act upon its content entirely at your own risk.
11. Jurisdictional Notice
This Site is operated from the Republic of Korea. Content is not directed at, and is not intended for distribution to or use by, any person in any jurisdiction where such distribution or use would be contrary to law or regulation, or would subject the Site or its operator to any registration or licensing requirement in that jurisdiction.
It is your responsibility to determine whether your access to and use of this Site complies with the laws applicable to you.
12. Contact
Questions regarding this disclaimer may be directed to [email protected].