Rank: Elder Joined: 10/4/2006 Posts: 13,821 Location: Nairobi
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pariah wrote:http://www.businessinsider.com/high-iq-people-make-more-money-are-more-likely-to-get-married-and-less-likely-to-have-kids-2012-2 ABSTRACT Stock market participation is monotonically related to IQ, controlling for wealth, income, age, and other demographic and occupational information. The high correlation between IQ, measured early in adult life, and participation, exists even among the affluent. Supplemental data from siblings, studied with an instrumental variables approach and regressions that control for family effects, demonstrate that IQ’s influence on participation extends to females and does not arise from omitted familial and non-familial variables. High-IQ investors are more likely to hold mutual funds and larger numbers of stocks, experience lower risk, and earn higher Sharpe ratios. We discuss implications for policy and finance research......... Read more: http://www.businessinsider.com/...est-2012-2#ixzz1nuSj9tv9 I am wondering about the interpenetration of this data they perceive as that 29.7% with the lowest IQ and 32% of people who have a second lowest IQ had kids as compared to 'only' 26.6% who have the highest IQ?- huh? What they fail to see in the data is that there are more 'entrepreneur' at the bottom of the pile as well and the highest employment rate is at the highest IQ charaters. All Mushrooms are edible! Some Mushroom are only edible ONCE!
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