Mark Wieczorek
Mar 8th, 2007
Mar 8th, 2007
Psychopaths to rule fin markets?
Psychopaths tend to make better stock traders than regular people.
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.”
Read: Psychopaths to rule fin markets? (via Mindpixel Blog)