Warren Buffett says that one doesn’t need to be super intelligent to make money in stock market, in fact he advises selling gta 5 how to invest in the stock market IQ points beyond a certain level. Even as many investors may want to believe that high IQ may lead to better investing, legendary billionaire investor Warren Buffett says that investors with IQ over 150 may be better off selling 30 points away. If you have a 150 IQ, sell 30 points to someone else. Warren Buffett is often quoted as saying.
In fact, Warren Buffett places more emphasis on rationality and emotional stability. In the updated version of the same classic, Jason Zweig shares an anecdote relating to Sir Isaac Newton. 20,000 by investing in shares back then in 1720. Isaac Newton held stocks of South Sea Company, one of the best performing stocks in England at that point in time. The stock posted a meteoric eight fold rise in less than six months.
Isaac Newton didn’t time his exit too well, but doubled his investment nevertheless. As the shares of South Sea continued its upward journey, Isaac Newton, just like any other gullible investor re-entered the stock at a much higher price. I can calculate the motions of the heavenly bodies, but not the madness of the people. South Sea’ in his presence for the rest of his life writes Jason Zweig. Sir Isaac Newton was one of the most intelligent people to have ever lived, as most of us would define intelligence. But, in Graham’s terms he was far from an intelligent investor.