Financial Markets

Always suspected this. No comment !

From the Guardian(UK):

In the film Wall Street, which symbolised the excess of the 1980s, the most successful traders were odious alpha-males with aggression seeping from every pore.

But stereotypes often have a kernel of truth, and researchers from Cambridge University have concluded what everyone outside the City has always suspected.

Money doesn’t make the world go round: it’s testosterone. The more that traders have, the richer they’ll become - up to a point.

John Coates, who used to manage a trading floor at Deutsche Bank on Wall Street but is now at the Judge Business School at Cambridge University, and Professor Joe Herbert, a neuroscientist, set out to study the brains of City traders to discover what makes them tick.

 Read the The Guardian article here or,for the more technically inclined, the article published in the Proceedings of the National Academy of Sciences(”Endogenous steriods and financial risk taking on a London Trading Floor”) here.