IQ vs. EQ
Doug: Either way, you gottabe super smart to count cards,buddy, okay?
Alan: Oh, really?
Doug: It’s not easy.
Alan: Okay, well, maybe weshould tell that to Rain Man,because he practicallybankrupted a casino, and hewas a ra-tard.
Stu: What?
Alan: He was a ra-tard.
Doug: Re-tard.1
Many believe academic intelligence is the direct path to reaping a fortune. Some literally tout their IQ—as if their IQ is money in their bank account. One longtime trend follower drilled that nonsensical stance: “I haven’t seen much correlation between good trading and intelligence. Some outstanding traders are quite intelligent, but a few are not. Many outstandingly intelligent people are horrible traders. Average intelligence is enough. Beyond that, emotional ...
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