Not even close! I don't think you'd want to hear it, but whereever a huge amount of money is, you will find some of the world's smartest people.

People and businesses don't make such astronomical amounts of money just on sheer dumb luck. They do it by being very smart, knowing the system and analyzing it for maximum profit. Of course, human nature being what it is, wealth can cloud the vision of even the smartest people, leading to the situation we have now.

But don't think for a second that Wall St. is populated only by "lower tier" thinking.