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The Hour Between Dog and Wolf : Risk Taking, Gut Feelings and The Biology of Boom and Bust - John Coates

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1 month ago by everestculture

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S$16

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#General notes: - This book has 1 or more defects due to long time inventory or mishandling and is selling at below market price according to it's condition. - More photos can be provided upon request. #Condition rating: 8/10 Yellow spots on bottom and side of the book #Retail price for new book: $21 onward for paperback #T&C: - Item in Malaysia, weekly delivery to Singapore every Sunday, deal arrangement with our partner in Singapore. Order cut-off every Sunday 12pm. - We list all our items already at it's best price, subject to our incoming cost we do adjust our price from time to time to ensure we have the most competitive pricing to our customer. - No trade. No refund. #Reference: https://singapore.kinokuniya.com/bw/9780143123408 #Details: A successful Wall Street trader turned Cambridge neuroscientist reveals the biology of financial boom and bust, showing how risk-taking transforms our body chemistry, driving us to extremes of euphoria or stressed-out depression. 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 leave 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.

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