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MichaelVassar comments on High Status and Stupidity: Why? - Less Wrong
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Comments (142)
I think your premise is false, there's weak positive correlation between being smart and status, and you make a mistake most likely by comparing unusually smart low status individuals (grad students are not anywhere close to being typical low status people!!!) with random high status individuals.
Some of your arguments, especially #4, might very well be true, but I don't think they're anywhere near reversing the smartness-status correlation.
I think he's thinking of unusually smart high status individuals. If he isn't, I certainly am. I'm very careful to anticipate regressions to the mean, though most people seem to make that mistake regularly however much they endorse efforts to be rational.