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...favored definition of addiction, from a Sex and Love Addicts Anonymous pamphlet: "The use of a substance or activity, for the purpose of lessening pain or augmenting pleasure, by a person who has lost control over the rate, frequency, or duration of its use, and whose life has become progressively unmanageable as a result...

Author: /time Magazine | Title: The Many Faces of Addiction | 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 »

...study showed Barbash and others in the Clinton Administration that there was a need for liberalization for hedge funds. "There was a greater appetite for them, and the 100-person rule was too narrow," says Barbash. "The philosophy was that we needed to cut regulation for larger, more sophisticated investors...

Author: /time Magazine | Title: Bernie Madoff's Victims: Why Some Have No Recourse | 1/12/2009 | See Source »

...experience with Continental was just the opposite. As I approached the check-in counter, laden with two large suitcases to study abroad, the Continental counter person noted that one of my bags was one pound over the limit. But she followed up by saying my other bag was ten pounds below the limit. It was illogical, she explained, to reduce me to the humiliation of opening my bags right there and transferring one extra pound of items to the other bag. I was saved. I was loved. And for the cheap fare I had paid, I was shocked...

Author: By Matthew H. Ghazarian | Title: No Free Lunch | 1/11/2009 | See Source »

...that same AirTran flight out of Logan, I ran to the gate, fearing I had made myself late with the luggage argument. I arrived sweating and parched. Just after the woman scanned my ticket, I noticed a water fountain no more than ten feet away. I asked the gate person if she would watch my bags while I stopped for a drink. Her dry response: “Sir, we are trying to board the plane on time. I can’t allow you to leave once your ticket has been scanned. I’m sure they...

Author: By Matthew H. Ghazarian | Title: No Free Lunch | 1/11/2009 | See Source »

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