The psychological literature on individual differences offers the most scientifically developed body of evidence bearing on the question of what distinguishes high performers from their peers. Yet despite its methodological rigor, this literature is frequently misrepresented in popular management discourse, where modest and context-dependent empirical relationships are transformed into sweeping prescriptions about the personal qualities required for exceptional achievement. This paper reviews the principal psychological constructs that have been proposed as determinants of high performance, including general cognitive ability, the Big Five personality traits, self-efficacy, goal orientation, self-regulation, and grit, and evaluates the quality and scope of the empirical evidence supporting each. The analysis shows that while individual psychological differences are genuine and predict performance outcomes to a meaningful degree, they account for a minority of performance variance, their effects are substantially moderated by contextual factors, and many of the most popular constructs in the contemporary high performance discourse rest on weaker empirical foundations than is commonly acknowledged. The paper argues that psychological variables are best understood as one component of a multidimensional model of performance that also encompasses developmental processes, organizational design, and social context. The implications for research methodology, organizational practice, and the public discourse on high performance are discussed.