I came across a neat research paper from UCLA and a few others universities seeking to address the topic of whether investors with a high IQ actually exhibit superior investment performance over others. This study strikes at the heart of the notion that stock picking is a random walk and no one investor can reasonably […]
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Study: Smart Investors MUCH Better Stock Pickers than Dumb Investors
I came across a neat research paper from UCLA and a few others universities seeking to address the topic of whether investors with a high IQ actually exhibit superior investment performance over others. This study strikes at the heart of the notion that stock picking is a random walk and no one investor can reasonably […]