John M. Coates

For other people named John Coates, see John Coates.

John M. Coates is a neuroscientist[1] at the University of Cambridge[2] and former Wall Street trader for Goldman Sachs, Merrill Lynch and Deutsche Bank.

Coates' research focuses on the hormonal basis of financial decision making,[3] inspired by his own experiences trading. He describes how men trading "display what may be called [the] classical clinical symptoms of mania. They were delusional, they were euphoric, they were over confident, they had racing thoughts [and a] diminished need for sleep."[4][5]

References

  1. ^ John Coates at the Neuroscience department, University of Cambridge
  2. ^ John Coates at the Judge Business School
  3. ^ Coates JM, Herbert J (2008), “Endogenous steroids and financial risk taking on a London trading floor.” Proc Natl Acad Sci U S A 105(16):6167-72
  4. ^ The credit crunch: history, hormones and trust podcast at the University of Cambridge
  5. ^ Antilla, Susan (2009-04-14). "Toxic Testosterone Crunches Need a Female Touch: Susan Antilla". Bloomberg.com. http://www.bloomberg.com/apps/news?pid=20601039&refer=columnist_antilla&sid=aOSciaU1D7rM. Retrieved 2009-05-01.