Apparently not… Abstract Using facial width-to-height ratio (fWHR) as a proxy for testosterone, we show that high-testosterone hedge fund managers significantly underperform low-testosterone hedge fund managers after adjusting for risk. Moreover, high-testosterone managers are more likely to terminate their funds, disclose violations on their Form ADVs, and display greater operational risk. We trace the underperformance…
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NEW HAVEN — On Jan. 12, a few days after registration opened at Yale for Psyc 157, Psychology and the Good Life, roughly 300 people had signed up. Within three days, the figure had more than doubled. After three more days, about 1,200 students, or nearly one-fourth of Yale undergraduates, were enrolled. The course, taught…
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One of the most interesting things about natural phenomena which have a clear scientific explanation is that they tend to bring out the nutbags in the world. I was sitting in the lounge at the airport and LB was reading to me all the crap that was on social media regarding the recent super blue…
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Technical analysis involves using historical price and volume data to predict market movements. It can be applied in markets ranging from wheat to the latest speculative craze, cryptocurrencies. One Bitcoin pundit, for example, recently discussed the appearance of an “inverse head and shoulder breakout” after the digital currency surged 10% within 24 hours, claiming that “…BTC is trading well…
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For the last five years, we lived with one of the most brilliant people on the planet. Sort of. See, we just published the biography of Dr. Claude Shannon. He’s the most important genius you’ve never heard of, a man whose intellect was on par with Albert Einstein and Isaac Newton. We spent five years with him.…
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I have been reading lately about the somewhat energetic run on the S&P 500 – it appears as if the investment world is all a twitter over the fact that the S&P 500 is making quite a few of them. As with all things history is our best guide to whether what we are seeing…
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This week has been one of reflection brought on by observing various friends and acquaintances in various stages of their lives. This scrutiny has reinforced in me one of my core beliefs and that is that everybody, barring some major catastrophe eventually gets what they want out of their life. Want a shit relationship chances…
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I have lost count of the number of times I have deadlifted in my life. If there were a single exercise that I would prescribe for everyone it would be deadlifting. Nothing beats the athletic payoff derived from picking something up off the floor and then putting it down again. I always looked forward to…
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