Dev'ayna Masalları

[deva-i dert]

It is clear that Isaac Newton was a genius. Experts state that Isaac Newton had an IQ of 190-200.

Just to put this into perspective: there are less than 500 people in the world with an IQ higher than 190 today.

But you know what?

While Isaac Newton was a genius, he was a very bad investor.

Initially, Newton made some money by investing in the South Sea Company. He sold the company but the stock kept increasing. He saw all his friends getting rich, which made him jealous.

That's why, after the stock already increased a lot, Isaac Newton bought South Sea Company again but with way more money this time!

And you can already guess what happened.

The bubble burst and Newton lost almost all his money.

It is often said that Isaac Newton lost the equivalent of around $50 million in today's dollars.

That's why he said the following:

"I can calculate the motions of the planets, but I cannot calculate the madness of men."

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Yazı X'te Compounding Quality hesabından alıntılanmıştır.

Being genius has nothing to do with getting rich.. Simplicity is the key..