3 ms·
> Medium levels of intelligence is require for most jobs, even in Investing you do not need to be that bright to be "the best" in the field. At the risk of kic
by dsacco 9y ago
> Medium levels of intelligence is require for most jobs, even in Investing you do not need to be that bright to be "the best" in the field.
At the risk of kicking off a debate to define the word “intelligence”, I think you’re massively underestimating the intelligence - not just effort and experience, but actual intellectual horsepower - poured into the upper echelons of investing strategy.
More generally, while I agree with your overall comment I’d say there’s likely few fields where the best professionals aren’t extraordinarily intelligent in addition to other success-amplifying qualities.
- cleong 9y agoNo doubt professionals in the investing field have done good work, highly competent and smart. I was making a reference to Warren Buffet, there was a story where he was working with very high IQ individuals that made a mistake by over-complicating the strategy behind a decision. In the end, he said that you only needed a IQ of 130, smart but not a genius.