“I got them all wrong” exclaimed one private equity portfolio manager. “Ha! Right!” said another Chief Investment Officer when I suggested that the pattern recognition skills embedded in succeeding with the Bloomberg Tradebook Trader Brain Exercise (TBX > GO) resembled private equity decisions. With almost ten thousand players, this exercise/game illustrates an underlying…
A few weeks ago, I attended the annual meeting of The Social and Affective Neuroscience Society (SANS) - a seemingly unlikely place to figure out how to resolve a trading mistake! Those who follow me know I am not only a closet academic but that many of the advanced trading psychology…
Two separate studies interviewing close to 200 successful portfolio managers and traders confirm what Jason Voss and Ravhee Mehta have reported in their books The Intuitive Investor and The Emotionally Intelligent Investor. Being able to read the feelings of other market participants, a form of empathy, and being able to…
Fast Company recently wrote that EI or emotional intelligence is beginning to be considered along SAT scores in college admittance - at Yale no less! Likewise, the New York Times reported on how emotional awareness tactics are helping discouraged job seekers find work. What's up with this? Why is emotion…
Coates, Shull, other experts weigh in on risk professionals’ attention to their discipline Thursday, May 02, 2013, Risk Professional Magazine (published by the Global Association of Risk Professionals - GARP) By Katherine Heires Over the past 20 years, advances in brain imaging technology and other methods of analyzing neural activity…
To quote The ReThink Group's great intern, Clay Berry a senior at Rutgers, "The first speaker of the day, Luiz Pessoa from The University of Indiana, talked about "How do emotion and motivation interact with cognitive control?" Pessoa noted how the older notion of emotion and perception/cognition being two separate…
At the recent Neuroleadership summit in Boston, Lisa Feldman Barrett articulated a whole new view on the appropriate model for understanding our thinking and our feelings. "Lisa challenged some of the most deeply held ideas about how the mind works in her session. She stated that Daniel Goldman’s theory on…
