Business of Life

Psycopaths and Money

Those who can suppress their emotions turn out to be the best stock market traders according to research from Stanford, Carnegie Mellon and University of Iowa.

The headline from The London Times. Wanted: psychopaths to play the stock market

Market traders may feel slighted, but this study comes from the growing field of neuroeconomics, which investigates the mental processes that drive financial decision-making.

The experts found that emotions can make investors play it too safe. They claim the emotionally impaired are more willing to gamble for high stakes.
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The key was the fear that stopped those with “normal” brains from taking even the most sensible of risks.