Dollars and Jens

The brothers Jens talk finance, economics, and the like.

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Dollars and Jens

Thursday, December 04, 2003

Re: behavioral finance

Peter Lynch suggests that the 10% dumbest and 3% smartest people are the least suited for investing. I have the impression Buffett is in that latter group, but it is worth remembering that the intellectual set — people who rely too much on their being smarter than others — will face a whole different set of difficulties from others.

I was going to look for that book at the library, Steve, but would love to borrow it from you instead. Thanks.

- posted by dWj @ 8:53 AM