韩国主流媒体《朝鲜日报》消息，截至2025年12月25日，HD现代重工位于蔚山尾浦湾和全罗湾地区的 船坞仍处于满负荷运转状态，船坞以及负责船舶总装工序的码头区域，全都排布着正在建造的大型商用 船舶。 HD现代重工相关人员表示："目前14座船坞均处于开工状态，约30艘船舶处于建造阶段，另有约40艘船 舶停靠码头，将开展舾装作业与海上试航。受场地限制，公司正实施'双船并排停靠作业'的方式以推进 造船进度。" 报道称，依托3.5年的订单储备量，韩国造船业将在2026年继续推行"合理定价"的择优接单策略。行业 消息显示，韩国主要船厂2028年的船位几乎售罄，船东正积极抢占2029年交船期，此举将推动新船造价 逐步走高。 韩国市场预计，韩国造船企业的盈利能力有望加速改善，主要原因来自两方面：其一，自2023年船价开 始上涨以来承接的订单，将在2026年开始集中交付；其二，作为造船关键原材料的钢板价格趋稳回落， 企业造船成本有所缓解。高附加值订单与生产效率提升将与交付周期形成协同效应，因此预计船企利润 将实现强劲增长。 官方预测：2026年出口量上升 根据韩国产业经济贸易研究院（KIET）最新发布的《2026年经济产业展 ...

Core Viewpoint - The travel industry is facing challenges due to a growing number of customers who expect high-quality services without wanting to pay for them, leading to a toxic environment for service providers [9][21][24]. Group 1: Customer Expectations - Customers are increasingly demanding "high value for low cost," expecting premium services while paying minimal fees, which is damaging the industry [10][11]. - There is a prevalent attitude among customers that travel agencies should provide services for free, as they believe that the information is readily available online [18][21]. - The concept of "value" is distorted, with customers equating low prices with high-quality experiences, leading to dissatisfaction when expectations are not met [11][13]. Group 2: Industry Response - Travel agencies are beginning to implement consultation fees to filter out clients who are unwilling to pay for professional services, establishing boundaries for their offerings [23][24]. - There is a call within the industry to stop catering to low-value clients, as this approach only leads to further degradation of service quality and profitability [24][26]. - Agencies are encouraged to uphold reasonable pricing and not compromise on service quality, which is essential for long-term sustainability [22][24]. Group 3: Market Dynamics - The competitive landscape of the travel industry has led to a culture where many agencies feel pressured to provide free services, resulting in a cycle of unrealistic customer demands [21][22]. - The normalization of "free labor" in the industry has contributed to a lack of respect for the expertise and effort that travel professionals invest in their work [21][25]. - The industry is at a crossroads, where agencies must decide whether to continue appeasing demanding customers or to assert the value of their services [24][31].

Core Insights - The key to investment success lies not in buying good companies, but in buying at the right time [2][9] - Unique success can only be achieved by doing what others are unwilling to do, and ensuring positive outcomes [11] Group 1: Investment Philosophy - The main challenge is not how to exit a successful investment, but how to patiently hold onto an unsuccessful one [3][13] - Strong psychological resilience and emotional control are essential for executing investment strategies [13] - Selling decisions should not be based solely on price fluctuations; a thorough re-evaluation of the investment is necessary [4][15] Group 2: Market Cycles - Market cycles are inevitable, stemming from excessive behaviors that are often emotional and psychological [5][18] - The reality of economic fluctuations is minor compared to the significant volatility in stock prices driven by investor emotions [19][20] - Recognizing the traps of overconfidence is crucial for navigating market cycles [17][21] Group 3: Uncertainty and Preparation - There is no certainty in the investment industry; acknowledging what is unknown is vital for success [6][21][25] - Successful preparation involves being ready for a range of outcomes rather than a single predicted scenario [29][27] - The importance of intellectual humility is emphasized, as believing one knows everything can lead to failure [26][25]