Wednesday, July 20, 2005

Where's my excuse?
Forbes magazine says "Don't invest after sex"
Investors exposed to oxytocin, a hormone commonly released during childbirth, breast feeding, and sexual activity, start acting like dupes in financial matters, says a study just published in Nature. Swiss-led researchers let test subjects play a simple trading game with real money. Those administered a dose of the hormone were twice as likely to overcome any fears of betrayal and display 'maximal trust level.' meaning they were more prone to being hosed by an opponent
Notably, this study offers no explanation for my own investment foolishiness.

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