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Intelligence and Successful Investing Don’t Always Correlate
Didn't even read the link because I could have told you that long, long ago. If anything high intelligence is an impediment to creating stock and bond market wealth because (at least from my experiences) smart people make it an ego thing. Meaning, they arrogantly believe they can beat the market because they are smarter than the Average Joe. Braininess may work in a lot of professions, but not necessarily in making a living in the markets. You can have the brains, I'll take hard work, perseverance, and independent thinking along with a healthy dose of luck.
Oh, and let's not forget about that wave and cycle guru who brags about his MENSA membership and who has been fleecing his subscribers for some 25 years with his perma-bear and apocalyptic scenarios.
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Oh, and let's not forget about that wave and cycle guru who brags about his MENSA membership and who has been fleecing his subscribers for some 25 years with his perma-bear and apocalyptic scenarios.
Signed: Less than average Joe
People with certain kinds of brain damage may make better investment decisions.
http://online.wsj.com/article/0,,SB112190164023291519,00.html#printMode