Are great traders born or can they be taught?

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From Yahoo:

“Once in college, one in four students at four-year universities must take at least one remedial course to master what they should have learned in high school, government figures show. The most blunt assessment came from Microsoft chief Bill Gates, who has put more than $700 million into reducing the size of high school classes through the foundation formed by him and his wife, Melinda. He said high schools must be redesigned to prepare every student for college, with classes that are rigorous and relevant to kids and with supportive relationships for children. “America’s high schools are obsolete,” Gates said. “By obsolete, I don’t just mean that they’re broken, flawed or underfunded, though a case could be made for every one of those points. By obsolete, I mean our high schools - even when they’re working as designed - cannot teach all our students what they need to know today.”

One could very easily take Gates’ comments on education and apply them specifically to “trading & investing education”. Unfortunately, there is no easy answer to get people to see “right” ways and “wrong” ways when it comes down to money. Usually, the carefully crafted get rich quick scheme secures people’s attention — even though those schemes almost always implode.

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