Links - 12/24/2020

“If you’re in the investment business and you have a IQ of 150, sell 30 points to somebody else, ’cause you don’t need it. You need to be reasonably intelligent. But you do not need to be a genius—at all. In fact, it can hurt. But you do have to have an emotional stability. You have to have sort of an inner peace about your decisions. Because it is a …