Result on Intellectualism

Investor Personality Test Result

Intellectualism: Your result is Above Average.

"An intellectual is a man who takes more words than necessary to tell more than he knows."

Dwight D. Eisenhower (1890 - 1969)

Intellectual investors enjoy investigating complex concepts and abstractions. In general, intellectualism is a good thing for investors. High intellect underlies one’s curiosity about new investment ideas, and most great investors are intellectual.

However, without a disciplined and experienced mind, high intellectualism may lead to gathering "too much information" and "over-thinking." A hallmark of the excessively intellectual investor is the use of unnecessarily complex assumptions and methodologies.

Psychological research demonstrates that gathering more than 3 pieces of relevant information about any one decision leads to deteriorating decision quality. Apparently, analyzing too many independent details leads to eroded profitability.

Investors who are low scorers on intellectualism can more easily remain focused and without distractions or tangents in their thinking, but they are less sensitive to new ideas and opportunities. In contrast to investors, many successful traders score below average on intellectualism.

“Very low” scorers may not feel curiosity about new business ideas, which can reduce their performance if market conditions change.

HIGH SCORERS:

"Nothing contributes so much to tranquilizing the mind as a steady purpose - a point on which the soul may fix its intellectual eye."

Mary Wollstonecraft Shelley (1797 - 1851)

1.         Highly intellectual investors may have trouble with mind wandering. Their endless curiosity about new business concepts or models may hamper the disciplined management of their investments.

2.         Notice if you are "missing the forest for the trees." Successful business doesn't have to be difficult or complicated. Many people consistently profit with businesses that appear simple, but which are based on tried-and-true principles.

LOW SCORERS:

1.         Consider using investment strategies developed around simple concepts that make sense to you. Low scorers perform best when methodically studying tried-and-true methods.

2.         Cultivate curiosity about the investment universe. Remember to be aware of the larger economic trends that may impact your investment specialty