Why High IQs Dont Equal High Returns (Lessons from Long-Term Capital Management)
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In Episode #72 of the CMQ Investing podcast, you\\u2019ll find out why Warren Buffett says that you don\\u2019t need a high IQ to be a successful investor. I share the key lessons from an article about the 1990s hedge fund Long Term Capital Management, which was known for employing geniuses at its trading desks before its $3.6 billion bailout in 1998. If you enjoy the episode, please follow the podcast and share it with a friend.
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