There are approximately 7 people on earth with an IQ of 190 or higher, so I'm calling bullshit on that requirement.
IQ is actually normally distributed by definition. Actual intelligence, if such a thing exists, may not be. The reason for Terman's finding is that there aren't any IQ tests that are valid for people with extremely high IQ.
In my physics courses, my professors were always very careful to stress that "If the theory says one thing and the data says another, it's the theory that needs to change." (Well, unless it's a student lab report that measures the speed of light as different from the commonly accepted value. ;-))