Intelligence is Overrated
The last few months have been largely dominated by politics over economics and now that the suspense is over (if ever there was one), the economy would be back to full time work.
This month's blog is about how 'Intelligence' is overrated in investing. Avoiding stupidity is far more important than being intelligent. And no, we are not the 'smart' ones saying this.
Charlie Munger, Warren Buffet’s long-term partner at Berkshire Hathaway, said “It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent. ”You can click here to read https://buckspeak.com/2024/06/17/intelligence-is-overrated/"