One of the two Korean musicians who communicated, though unilaterally, most with me in 20s passed away today, following the other one who passed away around 20 years ago when he was as young as I currently am. It makes his death more sad the fact that he was about to come back with his new albums; he wrote few songs since 2000 and it had been via words, rather than lyrics, through which he communicated with his fans what was in him for more than a decade. I share three of his songs including two from his new albums and one that is my favorite, wishing him to rest in true peace.

[1] “I Want It All (2014)” – his uncompleted, so involuntarily posthumous, joint work with his 23-year old band NEXT released a month ago.

[2] “A.D.D.A (2014)” – his (last) solo single released four months ago

[3] “Dream Of A Freshwater Eel (1999)” – my theme song

UNC Intramural Soccer 2014

This year I signed up to play for a team of econ PhD students. We lost 2-1 at the first game, so we would better win the next game to enjoy as a team the competition longer. Two teams out of four win the tickets to the second round. The game played by 8 players per side began at 7:30 pm on Oct. 20 at Hooker Fields and took 40 (20 + 20) minutes. Pictures below were taken by Jineui while I was playing a pickup game after the match, with those who wanted to play more.

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Knowledge Creation

The way to create knowledge in academia – the path I aim to walk through.

(24:20 – 25:15) Best papers usually got rejected. That story was true for every single person in that room, and we were all starts. So, this is not an unusual phenomenon, and it is very important when we’re bringing up young doctoral students and young faculty. I spend a large part of my time tutoring doctoral students and young faculty getting them to see that if they ever really did invest something new, it is going to be rejected; and you had to be willing to stand in the face of that rejection, and deal with problems that the referees were having in the paper and problems that your colleagues were having in dealing with it. If you can stand in the face of that rejection, and if the arguments are valid, you will eventually win. That is very uncomfortable place to be lots of time.


One of massive open online course websites that offers a variety of undergraduate- and graduate-level online courses for free. They constitute an entire set of video lectures, lecture notes, problem sets, and exams, and are taught by professors at the world’s leading universities. Those who are going back to school after years away from it like me or those who want to explore subjects other than majors so as to gratify intellectual curiosity may find this useful or entertaining. (from my Facebook post added on May 27, 2014)

UNC Finance Research

Table 1. Where UNC has been in producing quality finance research over time

Period # of top three journal publications Ranking
2011~2015 40 5
2001-2010 57 16
1991-2000 26 25


The table shows that, in the latest 2011-2015 period, UNC Kenan-Flagler is ranked among the five most productive business schools in the world in supplying quality finance research. The ranking is based on the number of faculty research papers published at top three finance journals – The Journal of Finance, Journal of Financial Economics, and Review of Financial Studies. The four universities ranked above UNC during the period are University of Pennsylvania, Chicago University, Harvard University, and New York University. The statistics indicate that the contribution of UNC Kenan-Flagler to academia as well as to the real world has grown over time, which is great for both the school and the outside the world.


Got married with Jineui Kim on March 29, 2014 in Seoul. We first met each other in 2010 when she started her graduate study in public policy and I was a second year master’s degree student in asset management at KDI School of Public Policy and Management. Since then, we have been together for about four years, including two years I worked in Singapore and she studied in the United States. She endured by my side the last two years of my seven year homeless life. Fortunately, things went as we planned this year. We are moving together to Chapel Hill this summer for our doctoral studies in finance (Sunwoo) and economics (Jineui). Thank all who attended our wedding or were with us in heart to celebrate the beginning of the second phase of our lives.

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It is a must for a doctor to make his/her best efforts to establish as much depth and width in knowledge and experience as his/her capacity allows. It is not hard to imagine a patient to pass way for a disease not noticed by a doctor who perfectly spotted all others. The patient may not leave a minute for the doctor to fill up what he/she is short of. Such a possibility doesn’t apply differently to my patients, who are systems rather than biological persons. They are equivalently sick but causes of their diseases are largely unexamined or often managed to be unnoticed. With the situation perceived in mind, I have been barely able to spare time to do other things than what prepares me more to better serve the role of a corporate and financial socio-ecologist.

Marquis Who’s Who in the World 2014

Manquis Who's Who in the World 2014

Back from a trip to Seoul on July 25, 2013, I found a letter from Marquis on my office desk. As Marquis hinted earlier that a final decision would be made in around September, I didn’t expect to read good news. It might be the case that just as the PhD program admissions committee mailed out rejections earlier, so did the Marquis’ nomination committee. But, the letter starting with “congratulations!” was telling a different story. My biography was selected for the inclusion to the 31st edition of Marquis Who’s Who in the World 2014. Although I get nothing material at this stage, I am happy with the news for the possibility that this international recognition may add a bit more strength to my reapplication to the PhD programs next year. The process began in March 2013. I was notified of my nomination and asked to share my detailed biography. My biography passed initial screening in April and was finally selected in June.