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To: Maurice Winn who wrote (65497)	6/26/2005 2:14:37 AM
From: elmatador	Read Replies (1) \| Respond to of 74559

"looking in the sub IQ 100 group."? If you want to engage on costly, complex endeavours, you don't start by "looking in the sub IQ 100 group." This is a team work. Like desiging a microprocessor. There is 100K man hours in it. Not a couple of geniuses. These complex endeavours, are taken on by hiring thousands of average guys. Poeple are intimidated and lead to belive that complex endeavours are beyond the reach of garden variety brain power. Like countries that think that having an army of PhD's is a condition sine qua non to develop. Groups of people like to create an aura of superiority and start concocting this "superiority" thing.

To: Maurice Winn who wrote (65497)	6/26/2005 4:56:04 AM
From: shades	Read Replies (1) \| Respond to of 74559

A point I have tried to get across to the General, LTCM had the high IQ people right? But my dumb granny who bought vanguard funds the past 20 years did much better. Gore and Kerry lost to Bush - the masses of 80 IQ rednecks beat out the 150 IQ city folk. The wizard Mark Mandel always says amateurs built the ark and professionals built the titanic. This is not to help dumb granny's that made fortunes in good mutual funds, this is to help the feelings of dumb stock traders that think they can beat the index over time with their etrade account.