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While misleading titles are annoying they do serve as a sort of test to determine which commenters have read the article.

> The other 1% are working at firms like Berkshire Hathaway.

Berkshire Hathaway is a conglomerate owning a wide variety of businesses. Not every employee working there is a finance whiz.

The number of people who understand how to research and value investments is far less than 1%. And even knowing those two things doesn’t magically give you the right temperament to be able to make the right and tough choices needed to succeed at it.