Stockbrokers More Competitive, Willing To Take Risks Than Psychopaths

Uh, why am I not surprised?

 

Various studies have suggested that a certain kind of psychological profile gravitates toward the fast-paced, high-pressure environment of the trading floor — and that this profile probably has more than a little in common with psychopathic personality, a clinical condition marked by gregariousness, impulsiveness, dishonesty and lack of empathy.

A recent study from the University of St. Gallen, in Switzerland, goes one step further. The research, led by forensics expert Pascal Scherrer and prison administrator Thomas Noll, finds that professional stock traders actually outperform diagnosed psychopaths when it comes to competitive and risk-taking behavior.

According to Der Spiegel, Scherrer and Noll had a group of 28 stockbrokers participate in various simulations and intelligence tests, and then compared their results to a group of psychopaths.

They found that the traders showed a higher degree of competitiveness than the psychopaths — and that the traders were surprisingly willing to cause harm to their competitors if they thought it would bring them an advantage.

via Stockbrokers More Competitive, Willing To Take Risks Than Psychopaths: Study.

Leave a comment

Filed under The Economy

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s