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You gain more by not being stupid than you do by being smart, because smart gets neutralized by other smart people, but stupid does not.

factualpending

Speaker

Alex Pascet

Evidence Quote

“You gain more by not being stupid than you do by being smart. Smart gets neutralized by other smart people. Stupid does not. [5:50]”

Source

Hedge Fund Manager Alix Pasquet: Why Smart People Lose Money— Odds on Open
Created: 8/12/2026, 10:28:18 PM

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