So what could be the problem for obviously intelligent and smart individual investors?

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Obviously, intelligent consumers allocate their resources efficiently and effectively, while emotional shoppers waste their resources.

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Supreme Court candidates obviously must be intelligent and well-qualified, but they also should have a demonstrated record of commitment to the law and the Constitution as written.

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Obviously, they're intelligent and skillful enough to realize that the continual state of dialogue between piano and sax is among the most salient features of the classic Brubeck quartet.

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The reason that otherwise intelligent people are willing to make such obviously absurd statements is because they are in a state of panic.

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