Great quote from Warren Buffet, speaking to 35,000 stockholders and investors yesterday:
"If you have a 150 I.Q., sell 30 points to someone else. You needs to be smart, but not a genius."
He was discussing that some of his worst investments were supported by very complicated formulas and sophisticated formulas.
Sounds like he believes in the K.I.S.S. principle. Keep it Simple Stupid!
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