Warren Buffett and Charlie Munger's success came not from being smarter than everyone else but from being 'less stupid' through greater emotional and behavioral control, and IQ above 125 is wasted without behavioral discipline.
factualpending
Speaker
Barry RolzEvidence Quote
“any IQ point over 125 is wasted you need to have behavioral control and emotional control far more important than having a 140 or a 160 IQ”
Source
Why Money Isn't What You Think: Barry Ritholtz on the Meaning of Money and How NOT to Invest It— Excess ReturnsCreated: 8/11/2026, 6:36:26 AM
My Notes
Loading notes...