‘Trust Your Gut’ Might Actually Be Profitable Advice on Wall Street, Study Says (Published 2016)
David Gellesnytimes.com
‘Trust Your Gut’ Might Actually Be Profitable Advice on Wall Street, Study Says (Published 2016)
Ask the most successful entrepreneurs and leaders what their secret is and invariably they all say the same thing: “I trust my gut.” The times things went wrong, they will tell you, “I listened to what others were telling me, even though it didn’t feel right. I should have trusted my gut.”
The study revealed two striking results. First, traders with greater sensitivity to the inner life of their bodies had made significantly more money in the previous year. Second, the more years a trader had been working, the greater his interoception, as though the trading floor were selecting for that trait. Coates’s research demonstrates that wha
... See moreMany years ago I visited the chief investment officer of a large financial firm, who told me that he had just invested some tens of millions of dollars in the stock of Ford Motor Company. When I asked how he had made that decision, he replied that he had recently attended an automobile show and had been impressed. “Boy, do they know how to make a c
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