Above, Below…Or Are You Average?

“Intelligence” is about to be sorely tested. In a few years time, those who bought gold – regardless of their intelligence – may be above average!

by Simon Popple of Brookville Capital

“You are the average of the five people you spend the most time with”

Jim Rohn

A very interesting statement. And probably true.

But nobody wants to consider themselves as average.

Unfortunately, 49.9% of people (not us!) are below average.

There are about 7.7 billion people in the World. Logically, at least 3.5 billion people are below average! You don’t want to be one of them…..or do you?

The word “Average” has got such a negative connotation.

You can smoke, drink and weigh less than average…. surely a good thing?

But many other “below average” accolades are badges you don’t want to wear.

Particularly intelligence

Let’s assume you’re the average of the five people you spend the most time with…

You can’t pick your family, but you can pick your friends!

Being a bit brutal (and putting family to one side)….you’re the average of those people you pick to be your friends.

Oh dear

What does this make you the average of?

Look around you.

Here is another quote that probably supports this view

I’m not the smartest fellow in the world,
but I can sure pick smart colleagues.

– Franklin D. Roosevelt

It would appear that it does matter who you surround yourself with.

Here are two other quotes I like

Intelligence without ambition is a bird without wings.
– Salvador Dali

Action is the real measure of intelligence.
– Napoleon Hill

Both are essentially saying the same thing. You can have above average intelligence – but if you don’t use it, you’ll probably get below average results.

I know a lot of very intelligent people. You know the type. Degrees coming off the end of their business cards.

But this intelligence has not manifested itself into results.

In fact, some people with very good qualifications go through life getting abysmal results.

Something they’re happy to blame on someone else. With these all these qualifications it can’t be their fault.

Unfortunately, it is.

Sorry, this is my last quote but it’s so true

Common sense is not so common.
– Voltaire

My point here is simple.

Take a look at the huge mountain of debt in the World. Massive.

Now think about what people typically do in a financial crisis – switch from equities to…..uhmm….hang on…..debt.

Most people who do this would view themselves as “above average” because they think it’s an intelligent thing to do…

Personally, I think it’s a bigger crime to have intelligence and not use it, than not have it in the first place.

Which brings me on to “how to use your intelligence”

School is very helpful at determining whether or not we are intelligent, but woeful at teaching us how to use that intelligence to get results.

After school it’s university – fine tune that intelligence. And then we go and get a job. Sure that job should help you use it a bit – to make you as useful as possible to them. But that’s basically it. Outside of that, according to Jim Rohn, you’re relying on those five people you spend the most time with.

Considering quite a lot of people select friends to make themselves feel superior (if you’re one of them you may want to look away now).

Then you’re kinda bringing down your average!

And I don’t think you want to do that.

I think the concept of intelligence is about to be sorely tested. With many people thinking they’re above average about to feel somewhat disappointed – when they run to their save haven of debt….only to find it’s not the haven they thought it was.

In a few years time, those who bought gold…..regardless of their intelligence….may be above average!

 

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www.brookvillecapital.com