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 ... 
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