Swiss study stockbrokers

Swiss study stockbrokers

Posted: marketopoutsaki Date: 27.05.2017

Since his arrest, some have characterized his actions as inexplicably irrational and impulsive. The year-old, who had been based in London for the Swiss bank, is currently in jail.

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Various commentators have gone so far as to say that the behavior of both Kerviel and Adoboli was completely irrational; almost psychotic. But now, according to a recent study, that characterization my be insulting to actual psychopaths.

According to a new study from the University of St. Gallen in Switzerland, tests that pitted a group of stockbrokers against a group of actual psychopaths in various computer simulations and intelligence tests found that the Wall Street traders were more reckless, competitive, and manipulative.

Researchers at the Swiss research university measured the readiness to cooperate and the egotism of 28 professional traders who took part in computer simulations and intelligence tests, reports Der Spiegel. The brokers took risks calculated to ensure the loss of their competition rather than secure their own personal gain.

The researchers are currently unable to explain this penchant for destruction. Perhaps money really is the root of all evil. Approved posts to MyVoice will be live on the site within a few hours. MyVoice is for posting intelligent, engaging, entertaining and thought-provoking commentary and stories, so following these guidelines will help get your post prioritized and noticed.

swiss study stockbrokers

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Swiss study: Stock brokers more reckless than psychopaths | Applesauce

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Psychopaths Less Impulsive and Manipulative Than Stockbrokers Becket Adams Sep 28, Recommended from the Web. Get TheBlaze Newsletters Sign Up.

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