A "Do you understand what superconductivity is?" or "Do you have a physics or engineering degree?" barrier?

And the relevant question isn't whether 'smart' money does dumb things: it's whether 'smart' money does dumb things less frequently than a random sample of money.

No one is an oracle, and there are absolutely outlier events that specifically confound experts, but I can't believe that increased expertise is uncorrelated with increased accuracy.