I think the answer depends on who you surround yourself with.
Hang out with people at a university, and you're likely to feel dumb once in a while. Hang out at a prison, and you will feel a bit smarter.
I've felt both smart and dumb at various times.
I think the key is to surround yourself with people a little smarter than yourself so you feel chanllanged to be the best you can be, but not with people who are so smart you get discouraged.
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