Chris Dillow 

The unintelligent investor

Chris Dillow

Chris Dillow
The unintelligent investor

Your correspondent recently looked again at the econometrics textbooks he used at university. And he didn’t understand a thing, despite getting good marks in the subject. One lesson of this could be that exams are a bad measure of ability. But there’s another one. This corroborates what psychologists have long said – that most aspects of our fluid intelligence decline from early adulthood onwards.

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