Media Coverage

According to a study published in the INFORMS journal Management Science, entitled The Bull of Wall Street: Experimental Analysis of Testosterone and Asset Trading, testosterone contributes to fluctuations and in particular leads to overestimating values ​​and building dangerous bubbles and consequently leading to financial crackdowns.

Data scientists are in high demand, taking the coveted number 1 spot on Glassdoor's Best Jobs in America list in both 2016 and 2017. INFORMS is an international organization where those interested in exploring this field can seek out information about the profession as well as certification and training solutions.

A paper published last year in the INFORMS journal Management Science, which collected golfing records for more than 300 CEOs from S&P 1500 firms from 2008 to 2012, found that the more golf a CEO played, the more a firm’s performance and value decreased. When CEOs played at least 22 rounds in a year, they found, the mean return on assets was more than 100 basis points lower than for firms whose CEOs played golf less frequently. 

Research done for the INFORMS journal Management Science, which involved analysis of 300 CEOs from S&P firms between 2008 and 2012  found … the more a CEO played golf, the more that firm’s value and performance dropped. If the CEO played at least 22 rounds a year, the mean return on assets was more than 100 basis points lower than for firms whose CEOs played golf less frequently.

The double- blind study, “The Bull of Wall Street: Experimental Analysis of Testosterone and Asset Trading,” which was published in the INFORMS journal Management Science, gave either topical testosterone or a placebo to 140 young males and set them loose buying and selling financial assets to earn real money. The men who got the additional testosterone bought and sold more, created larger price bubbles, were prone to mis-pricing, and their perception of a stock’s value was skewed.