One of the things that always gets me riled up is when investors think that a fund manager who has good performance must be smart. Let me repeat that for the one-hundred-sixty-seventh time: There is no correlation between intelligence and performance.
It doesn’t matter how smart you are
It doesn’t matter how smart you are
It doesn’t matter how smart you are
One of the things that always gets me riled up is when investors think that a fund manager who has good performance must be smart. Let me repeat that for the one-hundred-sixty-seventh time: There is no correlation between intelligence and performance.