Psychopaths could be best financial traders?

[emad]

Psychopaths could be best financial traders?

LONDON (Reuters) - "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.
http://today.reuters.com/news/newsArticle.aspx?type=oddlyEnoughNews&storyID=2005-09-19T184526Z_01_EIC967409_RTRIDST_0_ODD-TRADERS-DC.XML&archived=False


Sir John Bond, Chairman HSBC......

[atommom]

1. Somehow, this doesn't surprise me. I suspect that psychopaths

might be successful in many areas of business. Politics too.

[moggie]

2. Absolutely

There was an article in (I think) New Scientist a few years ago which touched on exactly that. A psychologist speculated that many senior politicians may be psychopaths. Of course, it's hard to get a president on the couch to find out for sure.

[NNadir]

3. I believe that.