monday, october 24, 2016 3:24 pm zst

axes ground fresh daily


Paulmiller left a comment at 4:15 pm 10/12
karthikala left a comment at 2:09 pm 07/15
Sally Call is also here
kianb left a comment at 4:31 am 01/03

Put the Psychopaths in Charge

Being a psychopath may not be all that bad--some of the best market investors, company chiefs and top lawyers may be a little--er...nuts: Psychopaths could be best financial traders?

"Wanted: psychopaths to make a killing in the markets."

Such an advert will not be appearing in the world's newspapers any time soon, but it may have a ring of truth after research revealed the best wheeler-dealers could well be "functional psychopaths."

A team of U.S. scientists has found the emotionally impaired are more willing to gamble for high stakes and that people with brain damage may make good financial decisions, the Times newspaper reported Monday.

In a study of investors' behavior 41 people with normal IQs were asked to play a simple investment game. Fifteen of the group had suffered lesions on the areas of the brain that affect emotions.

The result was those with brain damage outperformed those without.

The scientists found emotions led some of the group to avoid risks even when the potential benefits far outweighed the losses, a phenomenon known as myopic loss aversion.

One of the researchers, Antione Bechara, an associate professor of neurology at the University of Iowa, said the best stock market investors might plausibly be called "functional psychopaths."

Fellow author, Baba Shiv of Stanford Graduate School of Business said many company chiefs and top lawyers may also show they share the same trait.

"Emotions serve an adaptive role in speeding up the decision-making process," said Shiv.

"However, there are circumstances in which a naturally occurring emotional response must be inhibited, so that a deliberate and potentially wiser decision can be made."

The study, published in June in the journal Psychological Science, was conducted by a team of researchers from Stanford University, Carnegie Mellon University, and the University of Iowa.

Posted by zorkmidden on Sep 19, 2005 8:40 pm

no comments yet

recent comments

Java Training Institutes [ Java Training Institutes ]/ Java EE Training in Chennai [ Java EE Training in Chennai ]/
Hibernate Online Training [ Hibernate Online Training ]/ Hibernate Training in Chennai [ Hibernate Training in Chennai ]/ Java
I have read your blog its very attractive and impressive. I like it your blog. [ Java Training
Enjoyed your approach to explaining how it works, hope to see more blog posts from you. thank you!
I have read your blog its very attractive and impressive. I like it your blog. [ Java Training
[ #1 ]/ Alex Your blog was too good.I really appreciate with your blog.Thanks for sharing.
Your blog was too good.I really appreciate with your blog.Thanks for sharing. [ greengeeks coupon ]/
FITA is the finest place to start your career in Software Testing Training world, we have more than 10 years
College To Corporate Provides Training on [ Java ]/ , [ Database Developer ]/ , [ DBA ]/ , [
Bloggie , Good to know about you blogs. very informative and provided a lot of information. You guys doing good.
Java Training in Chennai [ Java Training in Chennai ]/
Great post.
this article shows more interesting information.thanks for sharing this nice was helpful to us to learn more.
[ Static Stretching before Exercise Useful? ]/
People can imagine how cumbersome it can get to complete a dissertation for academic purpose. It is easier said than
Present day students are most lucky. For those studying in colleges and Universities, writing the coursework assignments and homework academic
Great job. You gave them what they deserved, which was nothing. I'm also in Vietnam and can verify the truth
Get top site-wide savings with free shipping when using online coupons and promo codes for your desired online store, or
Greetings to the general public, i want to inform you about what i can do to assist you in getting
[ השכרת ציוד לאירועים ]/ הוא פתרון ללקוחות פרטים , חברות או מוסדות לקבלת מגוון פריטים רחב הנדרשים לקיום


this & that

bloggie pulse: circulation
last 15 minutes:
last hour:
last 24 hours:
bloggie pulse: comments
since midnite:
last 24 hours:
in our lifetime: