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What is the average IQ/education level needed to be successful in stock market?
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Date: August 30th, 2015 3:33 AM Author: Primrose Curious Milk (http://www.autoadmit.com/thread.php?thread_id=2976408&forum_id=2#28653297) |
Date: August 30th, 2015 3:38 AM Author: comical macaca locale whatever iq is necessary to realize you know jack shit and vanguard exists for a reason (http://www.autoadmit.com/thread.php?thread_id=2976408&forum_id=2#28653312) |
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Date: August 30th, 2015 3:40 AM Author: Primrose Curious Milk wtf? do you even buy and trade bro? (http://www.autoadmit.com/thread.php?thread_id=2976408&forum_id=2#28653324) |
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Date: August 30th, 2015 10:22 PM Author: comical macaca locale (1999 e trade bro) (http://www.autoadmit.com/thread.php?thread_id=2976408&forum_id=2#28657870) |
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Date: September 1st, 2015 7:25 AM Author: galvanic internet-worthy bawdyhouse Hey, have you seen that new show South Park? It's pretty hilarious. All the best entertainment is on cable TV and it always will be, there will never be an alternative. (http://www.autoadmit.com/thread.php?thread_id=2976408&forum_id=2#28666488) |
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Date: September 1st, 2015 8:23 AM Author: Excitant wine selfie church TITCR. Ironically, this is an area where proles can have a big advantage over intelligent people. If someone assists them with piling their money into Vanguard and sets up an automatic contribution plan, then the best course of action is doing nothing, which is something proles excel at. A prole who doesn't pay attention to the market and figures it's all too complicated for him to understand anyway will significantly outperform the smart person who decides to try his hand at picking stocks. (http://www.autoadmit.com/thread.php?thread_id=2976408&forum_id=2#28666601) |
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Date: September 1st, 2015 8:57 AM Author: supple site prole This is absolutely MFCR
Three well known results in economics come together here: 1. Risk diversification, Markowitz 2. Efficient markets hypothesis, Fama 3. Equity premium puzzle
1 means that you should buy the market, not individual stocks -- closest thing available to a free lunch 2 means you cannot beat the market and should not try, either for individual stocks or for the market as a whole 3 means that you should hold stocks long-term, no matter what
1-3 combined with not unnecessarily pissing away money on fees means TCR is always to:
Buy market ETFs from the lowest-fee providers
Hold them and hold them forever , only sell them when and as you need once you retire |
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Date: September 1st, 2015 9:08 AM Author: supple site prole fuck my ass I just gave you all the best, and best-founded, financial advice of your lives. How much love? None. No fucking love. Fuck. (http://www.autoadmit.com/thread.php?thread_id=2976408&forum_id=2#28666679) |
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Date: September 1st, 2015 9:09 AM Author: Excitant wine selfie church You might want to give it more than 11 minutes, brother. (http://www.autoadmit.com/thread.php?thread_id=2976408&forum_id=2#28666685) |
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Date: September 1st, 2015 9:10 AM Author: supple site prole :) (http://www.autoadmit.com/thread.php?thread_id=2976408&forum_id=2#28666689) |
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Date: September 1st, 2015 11:01 PM Author: sepia talented garrison Repeating things that happen to be known by every college graduate who went to a non-embarrassing school doesn't get you a lot of praise. (http://www.autoadmit.com/thread.php?thread_id=2976408&forum_id=2#28671356) |
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Date: September 1st, 2015 9:09 AM Author: Excitant wine selfie church (http://www.autoadmit.com/thread.php?thread_id=2976408&forum_id=2#28666686) |
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Date: September 1st, 2015 9:10 AM Author: adventurous dysfunction (http://www.autoadmit.com/thread.php?thread_id=2976408&forum_id=2#28666688) |
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Date: August 30th, 2015 3:38 AM Author: Mind-boggling Locus aspieeee (http://www.autoadmit.com/thread.php?thread_id=2976408&forum_id=2#28653314) |
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Date: August 30th, 2015 10:20 PM Author: Primrose Curious Milk (http://www.autoadmit.com/thread.php?thread_id=2976408&forum_id=2#28657865) |
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Date: September 1st, 2015 3:59 AM Author: Primrose Curious Milk (http://www.autoadmit.com/thread.php?thread_id=2976408&forum_id=2#28666379) |
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Date: September 1st, 2015 4:00 AM Author: Beady-eyed police squad 138 (http://www.autoadmit.com/thread.php?thread_id=2976408&forum_id=2#28666380) |
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Date: September 1st, 2015 7:56 AM Author: crystalline corner giraffe theres probably sort of a cutoff iq below which you are simply not functional, but past that there is very little in the way of gains to additional points
there is no iq that is sufficient for any level of performance, and that is why objectively intelligent people get absolutely pummeled so often (doctors, lawyers, even business people that are great at operations but don't really understand a fucking thing about valuation) |
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Date: September 1st, 2015 8:58 AM Author: Passionate frisky hissy fit cs fucklaw (http://www.autoadmit.com/thread.php?thread_id=2976408&forum_id=2#28666656) |
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Date: September 1st, 2015 8:14 AM Author: Chartreuse stimulating address Market psychology requires a specific understanding of how people and businesses think and react. It's one of those bullshit alternative IQ but the stock market makes a very good case for why some traders are better than others. (http://www.autoadmit.com/thread.php?thread_id=2976408&forum_id=2#28666582) |
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Date: September 1st, 2015 8:16 AM Author: floppy swollen juggernaut casino Day trader = 105
Higher up = Solid 120
Plus cocaine/addy. |
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Date: September 1st, 2015 10:31 AM Author: Transparent public bath past the 120 threshold, addy more impt than IQ (http://www.autoadmit.com/thread.php?thread_id=2976408&forum_id=2#28666954) |
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Date: September 1st, 2015 9:11 AM Author: garnet stage Many top traders didn't attend top schools, fwiw. Usually good/decent schools, but not great schools. (http://www.autoadmit.com/thread.php?thread_id=2976408&forum_id=2#28666693) |
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Date: September 1st, 2015 10:59 PM Author: Flushed motley party of the first part parlor A successful trader knows how to identify and extract some "edge" in the market place. (http://www.autoadmit.com/thread.php?thread_id=2976408&forum_id=2#28671338) |
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Date: September 1st, 2015 11:01 PM Author: Pearly Doctorate Background Story EQ over IQ... emotional self control is key (http://www.autoadmit.com/thread.php?thread_id=2976408&forum_id=2#28671354) |