3.4% of Koreans got margin called. Not 3.4% of brokerage accounts with margin. 3.4% of the adult population. That’s 1 in 10 retail trading accounts. 1.2 million people. 50% of the market is 2 stocks. Samsung and SK Hynix. They experienced what they call back Tuesday last week. 10% down in a single day. They pulled down multiple markets in Asia with them. These markets didn’t even come down for any real reason - just the idea that maybe AI capex will decrease. Korean Warren Buffet is probably out
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