Why Smart People Are Stupid

Discussion in 'Share Investing Strategies, Theories & Education' started by Tropo, 18th Jun, 2012.

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  1. Tropo

    Tropo Well-Known Member

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    Tropo, 18th Jun, 2012
    #1
  2. wdongli

    wdongli Well-Known Member

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    Why smart people are stupid? Why bums are stupid? Why Livermore was stupid? Why I am stupid? Why Isaac Newton was stupid? Why you are not stupid? Research said smart is stupid but are the researchers stupid too?

    We are all stupid time by time based on the conditions and context. All of us have some sort of big or small cognitive bias. Do you know that before reading the article? Not? you are really stupid as I was in 2000!

    We can be stupid without harm in our social life. We could not be stupid so that we don't know we are stupid in the stock market. We get used to be stupid and then we are stupid in the stock market.

    If you are not stupid why couldn't you accumulate enough profit in a decade, which you really want? It is not shameful to be stupid but we should feel shameful if we don't know we are stupid!
     
    Last edited by a moderator: 18th Jun, 2012
    wdongli, 18th Jun, 2012
    #2