Often it was Believed that Super Intelligence leads to Financial Success, but a Study by Malcolm Gadwall

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Reading Passage Question

Often it was believed that super intelligence leads to financial success, but a study by Malcolm Gadwall identified determination as the most important predictor of success. It certainly helps to be smart, but there are plenty of people as smart as Bill Gates who have achieved next to nothing. The study further concluded that there are aspects called components of determination that are more relevant than others, and more importantly, some of these components can be cultivated while others are innate. One of these components – sheer willfulness, the desire to get something when you want it, no matter what – is most important. Unfortunately, the study concluded that a good deal of willfulness must be inborn because it is common to see families in which one sibling has much more of it than the other sibling. Circumstances can alter it, but at the high end of the scale, nature seems to be more important than nurture. But a strong willed person needs to be disciplined and not self-indulgent, making discipline the second component of determination. Hence, determination implies your willfulness is balanced by discipline. This is because the stronger your will, the less anyone will be able to argue with you except yourself, and someone should argue with you because everyone has base impulses, but if you have more will than discipline you'll just give into these impulses and as a result end up on a local maximum such as drug addiction. Another important thing that the study concludes is that discipline can be cultivated, and in fact does tend to vary quite a lot in the course of an individual's life, and since determination is the product of will and discipline, you can become more determined by being more disciplined. The last component that the study discovered – another malleable one – is ambition. If willfulness and discipline are what get you to your destination, ambition is how you choose it and the fact that ambition is malleable means there is a lot you can do to increase it. Hence to summarize, determination consists of willfulness balanced with discipline and aimed by ambition - fortunately at least two of these three qualities can be cultivated.

“Often it was believed that super intelligence leads to financial success, but a study by Malcolm Gadwall” - is a GMAT reading comprehension passage with answers. Candidates need a strong knowledge of English GMAT reading comprehension.

This GMAT Reading Comprehension consists of 3 comprehension questions. The GMAT Reading Comprehension questions are designed for the purpose of testing candidates’ abilities in understanding, analyzing, and applying information or concepts. Candidates can actively prepare with the help of GMAT Reading Comprehension Practice Questions.

Solution and Explanation

Question 1
The author is primarily concerned with

  1. comparing and contrasting the roles played by intelligence and determination as a predictor of financial success.
  2. determining the most important components of determination that lead to financial success.
  3. discussing the three components of determination that have proven to be the strongest predictors of financial success.
  4. proving that anyone who possesses sheer willfulness can be financially successful.
  5. disproving the notion that one needs innate intelligence to be successful.

Answer: C
Explanation: In the passage, it states about different components for financial success. Hence option C is the correct answer.

Question 2
Why does the author cite the example of Bill Gates in the passage?

  1. To prove that one does not need to be smart to be financially successful.
  2. To cite an instance in which smart people are successful.
  3. To emphasize his point that there are people smarter than Bill Gates.
  4. To emphasize his point that determination trumps smartness as a predictor of financial success.
  5. To prove that Bill Gates was one of the most determined people in the world.

Answer: D
Explanation: In the passage, it states how the author introduced Bill gates. He adds that Bill Gates provides an example where determination trumps smartness. Hence option D is the correct answer.

Question 3
The author of the passage will most likely agree with which one of the personalities to not have the potential to be financially successful?

  1. Someone who loves money, is ambitious to the core, finishes something when he/she decides and indulges in expensive gifts regardless of whether he/she can afford it.
  2. Someone who is extremely strong headed yet disciplined but possesses little ambition.
  3. Someone who is extremely malleable and disciplined and intends to be a CEO.
  4. Someone who is not very determined because of their tendencies of giving into life’s desires yet is so obstinate that he finishes something once he decides to regardless of the circumstances.
  5. Someone who has great ambition, is stubborn and headstrong and is willing to give up everything to achieve his/her goals.

Answer: C
Explanation: In the passage, it states how personality lacks willfulness. This is also innate quality and cannot be attained. Hence people with this personality cannot be financially successful. Hence option C is the correct answer.

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