Wednesday, May 02, 2012

Stockbrokers As Psychopaths

Works for me:
Recently, an article in CFA Magazine by Sherree DeCovny garnered online buzz when DeCovny cited Wall Street psychotherapist Christopher Bayer’s claim that 10% of people in the financial services sector are psychopaths. A “conservative estimate,” according to Bayer, but one that makes sense when you run Hare’s checklist against the qualities that make a successful broker. And this estimate certainly plays into the general population’s current perception of Wall Street as a Caligulan den of amoral iniquity.

...So, be careful out there, I suppose. With a few dozen million psychopaths and sub-psychopaths cruising the corridors of the finance world, chances seem pretty high that at least one person you know is currently dispassionately planning a path to success that will, as merest byproduct, leave you crawling in the wreckage of your hopes like the vile creature you are.

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