Monday, September 19, 2005

Psycho Finance person

[Antione Bechara], an associate professor of neurology at the University of Iowa, said the best stock market investors might plausibly be called "functional psychopaths."
I know atleast one person in this company, and atleast ten people in my b-school, who I thought could be somewhat crazy. This study just proves my hypotheses right :) I feel the same way about the accountant lady too.
The result was those with brain damage outperformed those without.
Maybe this is why I am so afraid of the sharemarket.
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.
Interesting, a study was made about a year back by Discovery (Channel) on Psycho Bosses. Does this mean I can't be a successful boss?

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Anonymous Anonymous said...

A Wiki Hits Home
Alacra CEO Steve Goldstein is here at the Go! event. He and his team have been almost Google-esque lately in their willingness to experiment and play with new tools and capabilities.
Hey, you have a great blog here! I'm definitely going to bookmark you!

I have a Paperless Payday Loan site. It pretty much covers Paperless Payday Loan related stuff.

Come and check it out if you get time. :-)

September 19, 2005 9:37 PM  
Blogger sarah the great and wise said...

You could always “fall” off of something tall and “accidentally” hit your cranium.

PS--Spam sucks.

September 20, 2005 5:46 PM  
Blogger pm said...

Correct me if I am wrong there, but in well functioning markets, if the sample you are surveying is sufficiently large (I think even 50 is a good number), more risk invariably brings more (mean)return.

So, is it any surprise that people with diminished risk assessing capabilities or people who dont' care too much about the future (to worry about risks) make more money on an average than others?

September 24, 2005 11:51 PM  

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