Is testosterone to blame for the financial crisis?

[slamminshaun]

Maybe those skinny wimps on Wall Street are using AAS after all....LOL!

click here

 

[Slyder190]

Maybe those skinny wimps on Wall Street are using AAS after all....LOL!

click here

I say no.

 

[the_alcatraz]

Is this a joke?

This is pathetic.

 

[desmond]

Evolutionarily, it makes sense women are risk averse, because the nine month investment in childbirth placed them in a position of vulnerability relative to their social network or partner (obviously I'm referring to early man).

So the link between testosterone and risk is unsurprising. But no, I'm doubting its aas - investment bankers don't have time much free time as it is anyway (the only friends I have in the industry, and this is Sydney hours not new york, get to work at 9am, and leave at 12-1am each day)

 

[RecoveR]

In 1973 a book called A Random Walk Down Wall Street rocked the trading world, as it suggested that a "blindfolded monkey" could be as successful as any experienced trader, because, the author Burton Malkiel argued, there is no way to predict stock prices in the short term.

That may be, but a study published in Proceedings of the National Academy of Sciences USA suggests there is market predictability in terms of trading success and hormones.

Researchers found that high testosterone levels in traders correlated with unusually successful trading days.

They followed 17 male traders over eight days, taking saliva samples, at 11 a.m. and at 4 p.m., venturing into the dangerous abyss between the traders' short-selling, margin-calling jaws. What they found was that testosterone levels were significantly higher on days when the market players beat their daily average profit.

According to the researchers, this increase can lead to more confidence and further winning, summed up in a positive feedback loop termed the "winner effect."

But the researchers speculate that long periods of elevated testosterone, as might be the case during a market bubble, can turn risk-taking into a form of addiction, thus exaggerating the market's upward turn—until it deflates under the exhausting pressure of impulsivity.

Interesting

 

[smtimelevi]

Written by a woman, imagine that.
Just goes to show this civilization bs isnt all its cracked up to be.

I say we go club some animal cook it, eat it. Get nice and full. Then go club a female or 2, throw them over over the shoulder and drag them back to the cave.

 

[needtogetaas]

Dumb.

 

[02gixxersix]

Wow...........just Wow

 

[Big_Joe]

Written by a woman, imagine that.
Just goes to show this civilization bs isnt all its cracked up to be.

I say we go club some animal cook it, eat it. Get nice and full. Then go club a female or 2, throw them over over the shoulder and drag them back to the cave.

You don't have to do that. Just ask them if they want some meat. They'll cum.