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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Outskirts of Shrewd'm / Science, Technology, Engineering and Mathematics
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Author: onepoorguy ⎊✺🐝  😊 😞
Number: of 311 
Subject: Cognition
Date: 11/23/23 9:48 PM
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And finance. Sounds sort of like Dunning-Kruger. People who overestimate their financial situations and acumen correlate with lower cognitive ability, and therefore make poor financial decisions.

phys.org - Higher financial optimism cognitive ability

More specifically, he found that respondents scoring the highest on the cognitive tests were 22% more likely to fall into the category of realists, which Dawson describes as more objective about their financial prospects, than were those falling on the opposite end of the spectrum.
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