The Hour Between Dog and Wolf: Risk Taking, Gut Feelings and the Biology of Boom and Bust
Language: English
Published by Random House Canada, 2012
- Hardcover
- New
Seller: The Book Spot, Sioux Falls, MN, U.S.A.The Book Spot
AbeBooks seller since February 5, 2013
Condition: New
£ 69.10
Quantity: 1 available
Add to basketSeller Inventory # Abebooks7171
- Title
- The Hour Between Dog and Wolf: Risk Taking, Gut Feelings and the Biology of Boom and Bust
- Author
- Coates, John
- Publisher
- Random House Canada
- Publication year
- 2012
- Condition
- New
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 0307359670
- ISBN 13
- 9780307359674
The laws of financial boom and bust, it turns out, have a lot to do with male hormones. In a series of startling experiments, Canadian scientist Dr. John Coates identified a feedback loop between testosterone and success that dramatically lowers the fear of risk in men, especially young men; he has vividly dubbed the moment when traders transform into exuberant high flyers "the hour between dog and wolf." Similarly, intense failure leads to a rise in levels of cortisol, which dramatically lowers the appetite for risk. His book expands on his seminal research to offer lessons from the exploding new field studying the biology of risk.
Coates's conclusions shed light on all types of high-pressure decision-making, from the sports field to the battlefield, and leaves us with a powerful recognition: to handle risk isn't a matter of mind over body, it's a matter of mind and body working together. We all have it in us to be transformed from dog to wolf; the only question is whether we can understand the causes and the consequences.
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The Book Spot
Sioux Falls, MN, U.S.A.
AbeBooks seller since February 5, 2013
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