>> first of all, this is the misconception. i don't equate intelligence with being smart. so my study does show liberals more intelligent, but it doesn't mean that liberals are smarter. i think it is the opposite. i think liberals are stupider than conservatives, but intelligence needs the ability to think and reason and liberals have that. >> hey, cake and eat it too. >> that's the whole idea of why you see like these grad students sitting in a starbucks doing absolutely nothing but talk about chig rivera. their iq points are high, but there is a guy on wall street making a ton of money because he is smart. >> smart is having common sense. more intelligent people are more likely to reject common sense when we are designed to have. >> if i get a deal that is a 2 for 1 that is common sense. i don't know if that is risk taking, i don't know.