Tim Bliss is the author of the book Of Permanent Value 2010: The Story of Warren Buffett. Bliss took notes while attending Dr. Jack McDonald’s class at Stanford Business School in 1978. Dr. McDonald had invited Warren Buffett, who wasn't yet a household name, to speak to his class. One of Bliss's notes from Buffett’s talk was particularly striking:
“No correlation between hard work and intelligence, maybe an inverse relationship… 80 hours work + 200 IQ = $0.”
Buffett’s point was that making money in the stock market is more about your approach and emotional makeup than sheer hard work or intelligence.
One of Bliss's notes from Buffett’s talk was particularly striking:
Tim Bliss is the author of the book Of Permanent Value 2010: The Story of Warren Buffett.
Bliss took notes while attending Dr. Jack McDonald’s class at Stanford Business School in 1978.
Dr. McDonald had invited Warren Buffett, who wasn't yet a household name, to speak to his class.
One of Bliss's notes from Buffett’s talk was particularly striking:
“No correlation between hard work and intelligence, maybe an inverse relationship… 80 hours work + 200 IQ = $0.”
Buffett’s point was that making money in the stock market is more about your approach and emotional makeup than sheer hard work or intelligence.
One of Bliss's notes from Buffett’s talk was particularly striking:
“No correlation between hard work and intelligence, maybe an inverse relationship… 80 hours work + 200 IQ = $0.”
Buffett’s point was that making money in the stock market is more about your approach and emotional makeup than sheer hard work or intelligence.