A good post on why some people fail despite being intelligent:

If you are intelligent, you are at a clear advantage against people who are not intelligent. But if you are intelligent, and another person is not as intelligent, but the other person is willing to train harder than you, the other person will very quickly overtake you in ability.

@Your high IQ will kill your startup – Cube Of M

Poor Charlie’s Almanack is deceiving. It looks like a coffee table book but actually turns out to be a pretty dense read, worth careful attention if you are interested in money, business and getting smarter. These notes are a good primer on what the book covers [PDF]. @Business Wit and Wisdom of Charles T. Munger | HENSEY ASSOCIATES