Korea Electric Power (KRX:015760) pulls back 6.2% this week, but still delivers shareholders respectable 23% CAGR over 3 years

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By buying an index fund, you can roughly match the market return with ease. But if you pick the right individual stocks, you could make more than that. For example, Korea Electric Power Corporation (KRX:015760) shareholders have seen the share price rise 83% over three years, well in excess of the market return (27%, not including dividends).

While the stock has fallen 6.2% this week, it’s worth focusing on the longer term and seeing if the stocks historical returns have been driven by the underlying fundamentals.

To quote Buffett, ‘Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace…’ One imperfect but…

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