Earlier quoted context omitted.
Google [iq fat tails] and there're a bunch of articles on it (and one comment I wrote here about 4 years ago). The original data source for most of the articles is Terman's 1921 study of high-IQ people; they've plotted out the observed frequency of Terman's data against a normal distribution and found that it deviated markedly after about 3-4 SD. Some additional Googling seems to have found some other independent stu…
> other papers I've read indicate that IQ correlates with life outcomes until an IQ of about 140, and then appears completely uncorrelated. Cites? The papers I've read, from the Terman study and the SMPY kids, don't show that.
With a bit of Googling, I've found some other support for this, including the Terman study:
http://www.eskimo.com/~miyaguch/grady/emptypromise.html
"Our conclusion is that for subjects brought up under present-day educational regimes, excess in IQ above 140 or 150 adds little to one's achievement in the early adult years." - Louis Terman, 39th Yearbook of the National Society for the Study of Education Part I, pp. 83-84