'Prof G' Scott Galloway Says Korean KOSPI Crash Shows Investors 'Mistake Leverage for IQ'
Scott Galloway says South Korea's market crash shows how investors mistake leverage for IQ, and warns the same risks are building in the U.S.
A market expert noticed that South Korea's stock market dropped because investors borrowed too much money to buy stocks, thinking they were smart—but that's risky. This reminds us to watch whether people are using lots of borrowed money in any market, because that can turn small problems into big ones fast.
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