“I can calculate the movement of stars, but not the madness of men.”
This famous quote was spoken by Sir Isaac Newton after he lost his fortune in the South Sea Bubble in 1721. Isaac Newton was widely acknowledged as the foremost scientist of his time and was the one who famously defined the laws of gravity. His scientific achievements would be unrivalled until the arrival of Albert Einstein. Einstein only approached Newton’s league some 235 years later when a solar eclipse on 29 May 1919 proved his general theory of relativity correct and Einstein gained worldwide recognition.
The point to be made here is that
intellect is not a guarantee of investment success. Isaac Newton was one of the smartest men who
ever lived but even he got burned in the stock market! While intellect is an important attribute, our emotional control is a more important determining ......