This is a very interesting theory, and dovetails nicely with the fact that women tend to trade stocks less than men (and therefore earn better returns) when the

This is a very interesting theory, and dovetails nicely with the fact that women tend to trade stocks less than men (and therefore earn better returns) when they invest, a random fact I recently learned. It comports extremely well with my experience of the world. Women are risk averse, and their intelligence distribution is compressed. Most of the brilliant people I know are men, and so are most of the idiots. It'd be interesting to see this studied in more detail, because it really seems to explain quite a bit in a nice way.