Tuesday, December 20, 2011

Are you a rogue trader?

 
So why do traders go rogue? To know what goes on in the mind of a rogue trader – and that of every reckless gambler – it helps to be a bird-watcher.

The yellow-eyed junco is a type of sparrow found in Mexico and the southern US. Thirty years ago, three evolutionary biologists at the University of Arizona carried out a series of experiments with seven yellow-eyed juncos which had been caught in the south-east of the state. The experiments were designed to test the birds’ gambling instincts, and the results were intriguing.

To read full article please visit the link: source-FT Rogue trader

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