Intelligence is a separate gift, for the benefit of students, so that they may think of themselves as intellectual and not very intelligent, or intelligent and not very intellectual. One hopes, of course, that they try to bring the two virtues, the two elements, into their lives at the same time.
The intelligent person is not one who merely knows what is good and what is bad. The intelligent person is one who, when he sees what is good, follows it, and when he sees evil, shuns it.
If you have more than 120 or 130 I.Q. points, you can afford to give the rest away. You don't need extraordinary intelligence to succeed as an investor.
There are three kinds of intelligence: one kind understands things for itself, the other appreciates what others can understand, the third understands neither for itself nor through others. This first kind is excellent, the second good, and the third kind useless.
And therefore only the enlightened sovereign and the worthy general who are able to use the most intelligent people as agents are certain to achieve great things.