Is High Intelligence a Handicap to Creating Wealth?

Do you have to be smart (as in high IQ) to be rich? You’d think that the answer would have to be yes. And you also have to believe that any research showing this, or the opposite, would have to be famous. You would be wrong on both counts, at least if you look at […]

Does an MBA mean less profitability?

OK so I know this is heresy. An MBA is supposed to mean you are very sophisticated in business and of course you will make more profits right? So how come all the MBAs, quants, and Nobel laureates in economics and finance in Wall Street almost capsized the Western financial system in 2008? And LTCM […]