Page 190 - Rich Dad's Increase Your Financial IQ: Get Smarter with Your Money

A number of quant funds, which use statistical models to find
winning trading strategies, reported heavy losses this month. In many

cases, the managers pointed their fingers at other quantitative hedge
funds, essentially saying they all owned many of the same stocks and
their models told them to sell at the same time, driving down the
share prices, hurting everyone in the process.

In other words, the A students used their linguistic and logical-
mathematical left brains to invest in the stock market and came up with the
same answers . . . just like in school. And who pays the price for the losses?

Not the A students. They have steady paychecks. They are employees, not
investors.

Learning to Win Using Your Whole Brain

Warren Buffett once said, “You have to think for yourself. It always amazes

me how high-IQ people mindlessly imitate.”
As an educational entrepreneur, I began teaching students to think
outside the box and to create rather than imitate. I was surprised at how
frightening this teaching process was for many of my students. Most had

been so frightened into needing job security, a magic formula for investing,
and avoiding mistakes that breaking the bonds of that fear was the hardest
part of my job. These were smart, successful, well-educated people who
wanted to make changes. They were not poor, unsuccessful, and

uneducated.
My job as a teacher was to show them how to use their primary
intelligences and all three brains to win financially. I often called my
business programs “Learning to Win Using Your Whole Brain.” To get

people’s attention, I would often say, “A students work for the C students,
and B students work for the government.” Obviously this did not make the
A students happy, but they got over it once I explained the logic behind my
findings.

Poor and Middle-Class Dialects