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...study, according to John Coates, a Wall Street trader turned Cambridge scientist and the study's lead author. "Which means there's 80% left unexplained. It's like height in tennis. It appears to give you some sort of advantage, but there's probably a dozen other things giving you an advantage, and if you were to focus just on [height], you'd be missing all sorts of great players like Jimmy Connors," Coates says. "You need speed, you need agility, you need insight, you need intelligence - it's the same thing in trading...

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

...Moreover, what constitutes an edge in one form of trading could be deemed a drawback in another. Those more sensitive to changes in testosterone levels may be less well suited to holding down long-term trading positions, for one thing. "The message here," says Coates, "is that biology can give you an edge, just as it does in sports or music, but it's not that there's one biological trait that determines success in the financial world. Those traits will change, depending on which segment of the market...

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

...Bush was asked yet again if he thought he had made any mistakes. As he has done since John Dickerson first asked him that question four years ago, the President ran for the safety of history. "There is no such thing as short-term history," he said, and he laid out his familiar assertion that his presidency will look different to historians than it does in its current historically unpopular state...

Author: /time Magazine | Title: Bush's Last Press Conference: Full of Disappointment | 1/12/2009 | See Source »

...Take luggage fees, for instance. With so many stresses already involved with air travel, the last thing one wants is to be slapped with extra costs. That’s exactly what almost happened to me at Logan’s AirTran counter when I flew with another small airline. Taking one glance at my bag, the woman in charge pulled out a tape measure. She proceeded to explain that its combined dimensions exceeded limits by less than one inch, and that I had no option but to pay an additional $40. The embarrassment and frustration of my fellow travelers...

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

...Emotionally, the same thing happened to us today,” Delaney-Smith said. “Everyone panicked. That doesn’t need to happen...

Author: By Emily W. Cunningham, CRIMSON STAFF WRITER | Title: Harvard Drops Ivy Opener at Home | 1/11/2009 | See Source »

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