Day traders behavior similiar to monkeys

Z

zgtrader

'Freakonomics' writer shows capuchin monkey behavior similiar to human behavior of day traders.

"He also devised two games that showed monkeys could end up feeling as if they'd won or lost, even though they'd actually broken even. Their seemingly irrational preference for the "winning" game had Chen questioning how useful the monkeys would be as a touchstone for studying human behavior. Then he found that a similar study of day traders conducted by another researcher resulted in the same psychological preference. Even when they came out even, the day traders irrationally preferred to feel they won, rather than lost money."

Full article: http://news.com.com/Freakonomics+wr...s/2100-1026-6177655.html?part=dht&tag=nl.e433
 
You may be on to something with this.

I throw my feces at people walking by my trading desk. Starting to understand where that comes from.
 
The article is really interesting, especially the monkey prostitution.

Steven Levitt, the co-author will be giving a talk here in Detroit next week which I will be attending.

Should be interesting to here more about the new book.
 
Quote from optioncoach:

You may be on to something with this.

I throw my feces at people walking by my trading desk. Starting to understand where that comes from.
More...
Whereas, no doubt, the targets of your projectile are more concerned with where it is going.:D
 
"Out of the corner of his eye, Chen saw that one monkey gave a coin to another (instead of rushing to exchange it for treats.) He thinks, am I witnessing the first instance of monkey altruism? No. He was actually witnessing something he said he really wished he hadn't seen," said Dubner.

After a brief grooming ritual, the monkeys who exchanged the coin started to have sex. Immediately after the incident, the paid monkey went over to Chen to get food in exchange for returning the coin, Dubner said.


Full article: http://news.com.com/Freakonomics+wr...s/2100-1026-6177655.html?part=dht&tag=nl.e433
More...

Anyone with a wife/girlfriend knows about this.
 
At my age the only way I'm getting some perfect tight little asian ass is to cough up some coin.. perfectly acceptable behaviour for all anthropoids
 
Quote from optioncoach:

You may be on to something with this.

I throw my feces at people walking by my trading desk. Starting to understand where that comes from.
More...
Ha, good one! :D
 
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