April 19, 2008

Hormones rule the market

Humph!

No more jokes about women and their hormones, OK?

The share markets aren't rational, we know that already.

Turns out that male traders are probably even more dictated by their hormones than shareholders.
"Movements in financial markets are correlated to the levels of hormones in the bodies of male traders, according to a study by two researchers from the University of Cambridge"
Oh, and if anyone thinks this is only true of a trading floor, that it can't possibly be extrapolated to every field and whim of human endeavor, then you're just not thinking.

Trading on testosterone ...

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