Group 1 - The core point of the article highlights that South Korean investors have significantly increased their holdings in U.S. stocks, reaching a record $170 billion by the end of October, nearly doubling since the beginning of the year [1] - South Korean retail investors are adopting aggressive trading strategies reminiscent of "Squid Game," heavily investing in high-volatility stocks such as IonQ and Beyond Meat, contributing to heightened market volatility in the U.S. [1] - The demand for ETFs has surged, with notable inflows into U.S. long-term treasury ETFs, leading to a total asset value of approximately 282.54 trillion KRW in domestic ETFs, surpassing the 280 trillion KRW mark [1] Group 2 - According to Goldman Sachs' chief global equity strategist, the high valuation of U.S. stocks is expected to limit future return potential, with the S&P 500 index projected to have an annualized return of only 6.5% over the next decade, while emerging markets may achieve an annualized return of 10.9% [5]