Rogue Hormones

IF THE losses at UBS that surfaced this month were caused by a “rogue” trader, would that make his colleagues stable? Not if research being undertaken by John Coates, a neuroscientist at Cambridge University and a former derivatives trader, is anything to go by. His work suggests that hormones drive investment decisions to a far…

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Psychopaths

What makes individual stockbrokers blow billions in financial markets with criminal trading schemes? According to a new study conducted at a Swiss university, it may be because share traders behave more recklessly and are more manipulative than psychopaths.   Der Spiegel

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Rogue Hormones

IF THE losses at UBS that surfaced this month were caused by a “rogue” trader, would that make his colleagues stable? Not if research being undertaken by John Coates, a neuroscientist at Cambridge University and a former derivatives trader, is anything to go by. His work suggests that hormones drive investment decisions to a far…

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Why Do This?

In the past I have written about prediction and the fact that we are absolutely crap at predicting the future. Despite this and despite the ease with which people are held to account for their predictions we still get this sort of stuff. This graphic tracks the predictions about the price of oil made by…

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Why Do This?

In the past I have written about prediction and the fact that we are absolutely crap at predicting the future. Despite this and despite the ease with which people are held to account for their predictions we still get this sort of stuff.         This graphic tracks the predictions about the price…

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