DO SMART INVESTORS OUTPERFORM DUMB INVESTORS?
12 September 2009 by Cullen Roche
5 Comments
Some excellent weekend reading here. According to this study it helps to have a high IQ when investing in stocks:
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Comments
interesting read. but who here has actually taken an IQ test?
I have taken several….
TPC,
I’ll have to look into it.
Based on your market calls, I’m guessing yours is +135.
I think discipline might be he key:
http://www.financialsense.com/Experts/ewave/2009/0911.html
I’ve heard the opposite.
I’ve read somewhere that doctors, lawyers, engineers and computer programmers make the worst investors because they are too used to being right, and making decisions based on logic and gut.
Instead, the best investors are airplane pilots. They are used to following a prepared set of criteria as opposed to using “gut feeling”.