I think the key indicator for wealth is not good grades, work ethic, or IQ. I believe it's relationships. Ask yourself two questions: How many people do I know, and how much ransom money could I get for each one?
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I suspect the I.Q., SAT, and school grades are tests designed by nerds so they can get high scores in order to call each other intelligent.. Smart and wise people who score low on IQ tests, or patently intellectually defective ones, like the former U.S. President George W. Bush, who score high on them (130), are testing the test and not the reverse.
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They think that intelligence is about noticing things are relevant (detecting patterns); in a complex world, intelligence consists in ignoring things that are irrelevant (avoiding false patterns)
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The fool generalizes the particular; the nerd particularizes the general; some do both; and the wise does neither
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Geniuses are those who have the intelligence, enthusiasm, and endurance to acquire the needed expertise in a broadly valued domain of achievement and who then make contributions to that field that are considered by peers to be both original and highly exemplary.
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A two-headed man should have twice the IQ, and the ability to have internal dialogues externally.?
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Studies show that the IQ range of most creative people is surprisingly narrow, around 120 to 130. Higher IQs can perform certain kinds of tasks better--logic, feats of memory, and so on. But if the IQ is much higher or lower than that, the window of creativity closes. Nonetheless, for some reason we believe more is better, so people yearn for tip-top IQs, and that calls for bigger memories. A fast, retentive memory is handy, but no skeleton key for survival.
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Good investors are successful not because of their IQ, but because they have an investing discipline
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