A Combination of Dopamine Genes Predicts Success by Professional Wall Street Traders

نویسندگان

  • Steve Sapra
  • Laura E. Beavin
  • Paul J. Zak
چکیده

What determines success on Wall Street? This study examined if genes affecting dopamine levels of professional traders were associated with their career tenure. Sixty professional Wall Street traders were genotyped and compared to a control group who did not trade stocks. We found that distinct alleles of the dopamine receptor 4 promoter (DRD4P) and catecholamine-O-methyltransferase (COMT) that affect synaptic dopamine were predominant in traders. These alleles are associated with moderate, rather than very high or very low, levels of synaptic dopamine. The activity of these alleles correlated positively with years spent trading stocks on Wall Street. Differences in personality and trading behavior were also correlated with allelic variants. This evidence suggests there may be a genetic basis for the traits that make one a successful trader.

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Prior outcomes and risky choices by professional traders Current draft : December 2003

How is professional risk-taking influenced by prior results? We examine the impact of past gains or losses on subsequent futures traders’ activity. The evidence provides support for the Gervais and Odean (2001) model of overconfidence: we find little relationship between higher risk taking and unusual success among these traders. Also consistent with Gervais and Odean, successful traders exhibi...

متن کامل

The impact of bad writing in economics

We find significant style differences between articles written by economists for their professional journals and articles by the same economists in the Wall Street Journal. We find no evidence that style influences the professional success of economists, which suggests that the private rewards to improving the quality of writing are low. Indeed, each community of scholars has probably adopted a...

متن کامل

Migration in Southern Africa: A drain on resources or a development asset?

The recent attacks on expatriate hawkers, by their South African counterparts in the streets of Johannesburg, has revealed the vicious xenophobia which lies under the surface of our "rainbow" nation. According to the South African street traders, "illegal" foreigners pose unfair competition to their trade, in an economically adverse climate and should be deported. Migration has been with us for...

متن کامل

A review of the role of dopamine receptors and novel therapeutic strategies in non-small cell lung cancer (NSCLC)

Lung cancer is a very aggressive and most deadly cancer in both men and women. Lung cancer is divided into two types of small cell lung cancer (SCLC) and non-small cell lung cancer (NSCLC). NSCLC is divided into 3 subgroups: adenocarcinoma (AC), squamous cell carcinoma (SqCC) and large cell carcinoma (LCC). Dopamine is involved in controlling motions, cognition, emotions, memory and reward mech...

متن کامل

Identification, Cloning and Structural Analysis of Major Genes from Portulaca oleracea L. Hairy Roots that Involved in the Biosynthesis of Dopamine

Dopamine is one of the important medications of Portulaca oleracea L. To optimize the production of dopamine, one of the methods is the identification and engineering of metabolite pathways. To investigate the tyrosine decarboxylase (TDC) and tyrosinase, which seem to be the most important genes in dopamine synthesis pathway, hairy roots were produced from Portulaca oleracea using Agrobacterium...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

عنوان ژورنال:

دوره 7  شماره 

صفحات  -

تاریخ انتشار 2012