Why Temperament Trumps Intelligence in Trading and Investing

By Nicholas Vardy You would expect that the world’s most intelligent business experts would also be the most successful investors, but that’s not the case.
Today, Nicholas Vardy explains why a high IQ is not the key to success in investing and trading.

Throughout my investment career, I have studied many of the world’s leading traders and investors.
The majority of these folks were smart by most conventional measures.
But very few had the sky-high IQ of a mathematics professor like Renaissance Technologies founder Jim Simons.
Warren Buffett agrees that high intelligence is not necessary to be a world-class investor.
As Buffett put it…
Success in investing doesn’t correlate with …read more

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