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Leverage in the Stock Market
Summary by A Wealth of Common Sense
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1 Articles
Leverage in the Stock Market
Charlie Munger once said there are 3 ways for a smart person to go broke: liquor, ladies and leverage. It would seem many investors are taking the leverage theory for a test run. The South Korean stock market is on fire, up nearly 200% in the past 12 months alone. Investors there have taken notice and levered up: According to the Korea Financial Investment Association on Wednesday, the outstanding balance of margin loans ...
·New York, United States
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