{"id":536,"date":"2005-09-19T20:02:32","date_gmt":"2005-09-20T00:02:32","guid":{"rendered":"http:\/\/blogs.law.harvard.edu\/dbnews\/2005\/09\/19\/we-rest-our-case-3\/"},"modified":"2005-09-19T20:02:32","modified_gmt":"2005-09-20T00:02:32","slug":"we-rest-our-case-3","status":"publish","type":"post","link":"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/2005\/09\/19\/we-rest-our-case-3\/","title":{"rendered":"We Rest Our Case"},"content":{"rendered":"<p><a name='a7083'><\/a><\/p>\n<table width=\"537\" border=\"0\">\n<tr>\n<td height=\"394\">\n<p align=\"justify\"><font color=\"#CC3300\" size=\"+2\">Brain-Damaged Psychopaths Make Best Financial<br \/>\n        Traders<\/font><\/p>\n<p align=\"justify\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/cyber.law.harvard.edu\/blogs\/static\/dowbrigade\/sighco.jpg\" width=\"320\" height=\"381\" align=\"left\">LONDON (Reuters) &#8211; &quot;Wanted:<br \/>\n        psychopaths to make a killing in the markets.&quot;<\/p>\n<p>        Such an advert will not be appearing in the world&#8217;s newspapers any time<br \/>\n      soon, but it may have a ring of truth after research revealed the best<br \/>\n      wheeler-dealers could well be &quot;functional psychopaths.&quot;<\/p>\n<p>      A team of U.S. scientists has found the emotionally impaired are more willing<br \/>\n      to gamble for high stakes and that people with brain damage may make good<br \/>\n      financial decisions, the Times newspaper reported Monday.<\/p>\n<p>      In a study of investors&#8217; behavior 41 people with normal IQs were asked<br \/>\n      to play a simple investment game. Fifteen of the group had suffered lesions<br \/>\n      on the areas of the brain that affect emotions.<\/p>\n<p>      The result was those with brain damage outperformed those without.<\/p>\n<p>      The scientists found emotions led some of the group to avoid risks even<br \/>\n      when the potential benefits far outweighed the losses, a phenomenon known<br \/>\n      as myopic loss aversion.<\/p>\n<p>      One of the researchers, Antione Bechara, an associate professor of neurology<br \/>\n      at the University of Iowa, said the best stock market investors might plausibly<br \/>\n      be called &quot;functional psychopaths.&quot;<\/p>\n<p align=\"justify\">from <a href=\"http:\/\/reuters.excite.com\/\/article\/20050919\/2005-09-19T184526Z_01_EIC967409_RTRIDST_0_ODD-TRADERS-DC.html\">Reuters<\/a><\/p>\n<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Brain-Damaged Psychopaths Make Best Financial Traders LONDON (Reuters) &#8211; &quot;Wanted: psychopaths to make a killing in the markets.&quot; Such an advert will not be appearing in the world&#8217;s newspapers any time soon, but it may have a ring of truth &hellip; <a href=\"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/2005\/09\/19\/we-rest-our-case-3\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":299,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[576],"tags":[],"class_list":["post-536","post","type-post","status-publish","format-standard","hentry","category-wacky-news"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/wp-json\/wp\/v2\/posts\/536","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/wp-json\/wp\/v2\/users\/299"}],"replies":[{"embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/wp-json\/wp\/v2\/comments?post=536"}],"version-history":[{"count":0,"href":"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/wp-json\/wp\/v2\/posts\/536\/revisions"}],"wp:attachment":[{"href":"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/wp-json\/wp\/v2\/media?parent=536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/wp-json\/wp\/v2\/categories?post=536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/wp-json\/wp\/v2\/tags?post=536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}