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...Academy of Sciences, a U.S. journal, scientists measured 44 male traders' second-to-fourth-digit-length ratio, which is otherwise known as 2D:4D and is an indicator of the effects of prenatal testosterone. The longer a trader's fourth finger relative to his index finger, and therefore the lower the 2D:4D ratio, the greater his prenatal exposure to the hormone. All of those taking part in the study carried out the same type of trading over the 20-month period studied and had the same access to cash and information, and none benefited from underlying client business...

Author: /time Magazine | Title: Successful Traders: The Testosterone Effect | 1/12/2009 | See Source »

...Clearly, that a lower ratio pointed to higher profits speaks to a little more than finger length. Earlier studies indicated that prenatal exposure to testosterone, which spikes between the 9th and 18th weeks of gestation, increases a person's sensitivity to the effects of the hormone much later in life. The greater the exposure as a fetus, in other words, the higher the levels of confidence, vigilance or risk appetite triggered by testosterone in an adult. That observation has already made digit ratio a useful indicator of ability in fields other than finance; 2D:4D has been found to predict...

Author: /time Magazine | Title: Successful Traders: The Testosterone Effect | 1/12/2009 | See Source »

...That's not overly surprising. In a separate Cambridge study last April, traders with high morning testosterone levels recorded higher profits for the rest of that day than they did on days when their circulating testosterone level was low. Building on those findings, the newer study suggests that the lower those traders' 2D:4D ratios, the bigger their swing in profits between the high- and low-testosterone days...

Author: /time Magazine | Title: Successful Traders: The Testosterone Effect | 1/12/2009 | See Source »

...Small businesses can build fan bases that rival any cult star's. Two of the best closed up over the holidays. Depression Modern, 29, was a mecca for collectors of Deco furniture and artifacts; each Saturday morning, dozens of the faithful would gather outside Michael Smith's Lower Manhattan store, ready to rush in and claim his latest treasures. (I could name two TIME movie critics, one in New York, one in L.A., whose homes are little museums of Depression Modern pieces.) When a leap in rent shuttered this SoHo landmark, Smith retreated to his other boutique, Adelaide...

Author: /time Magazine | Title: Richard Corliss's 2008 Entertainment Death Reel | 1/10/2009 | See Source »

Earlier studies had shown that a queen that senses potential competition from another fertile female will chemically mark the pretender; that female will then be attacked by lower-ranking females. Biologists Jürgen Liebig and Adrian Smith of Arizona State University suspected that something similar might go on even without the queen's intervention and believed the answer might lie in scent chemicals called cuticular hydrocarbons...

Author: /time Magazine | Title: First Rule of the Ant Colony: No Hanky-Panky | 1/10/2009 | See Source »

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