Sunday, October 7, 2012

Smarter............................


"But a high IQ means absolutely nothing in the stock market.  In fact, it may work against you because intelligence is usually coupled with ego and overconfidence.  Over the years, I've come to realize that ego is deadly in the market.  It's when people attempt to prove they're smarter than the market that they stop learning and close their minds to ways of doing things that are different from their comfortable habits and past patterns."
-William J. O'Neil,  24 Essential Lessons for Investing Success

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