Tuesday, April 22, 2008

Testosterone predicts financial profitability

..at least on a stock trading floor in London. Dan Mitchell summarizes the work of Coats and Herbert, published in PNAS. Men with elevated levels of testosterone, the hormone associated with aggression, made more money. When the markets were more volatile, the men showed higher levels of the stress hormone cortisol. There is the minor question of which is cause and which is effect....

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