There was an interesting article on the news yesterday about Testosterone and the effect on Boom and Bust. A researcher from Oxbridge observed that high levels in the young barrow boy traders led to over hype in the bull times and also over sell in the bear times. He followed them over a period of months and observed that when their testoterone levels were low their results were less irratic.
His suggestion was to have a more diverse age and gender representation in the city and then the likelihood of extreem highs and lows would be reduced and therefore the boom and bust scenario. Sounds reasonable.
His suggestion was to have a more diverse age and gender representation in the city and then the likelihood of extreem highs and lows would be reduced and therefore the boom and bust scenario. Sounds reasonable.
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