In technical terms, the researchers call this projected emotion, "anticipatory affect". In simple terms, the results of this meta-analysis of the brain's reaction to probabilities in risk goes like this: 1. A trader or PM takes in information about the expected mean, variance or skewness of a trade. 2. The…
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…
Last Sunday, the most successful trader I knew from the Chicago Options pits texted me this - "Self-examination is the key to noodle making and other accomplishments." Now you should know two things - 1) this guy NEVER texts - we have been friends for going on 20 years and…
This is a true story. 3 years ago today (I have this weird memory for dates), I spotted Jamie Dimon and Bill Daley sitting outside Gibsons in Chicago. I just happened to have come from a lunch with Patricia Crisafulli who had written the House of Dimon and I had…
