One out of 10 Wall Street employees is a clinical psychopath, estimates Sherree DeCovny in CFA Magazine, compared with one out of 100 people in the general population.
Why are there so many psychopaths on Wall Street?
In some cases, people with psychopathic personalities seek out jobs in the financial industry, where charisma, confidence, risk-taking, and a singular focus on self-interest are often rewarded. In fact, DeCovny finds that the best candidates for Wall Street positions often display such characteristics. But some Wall Street workers also develop these traits because of the job and its attendant pressures. DeCovny says compulsive gambling, for example, is "often latent — neither they nor anyone else knows they have this propensity."
Kazuya Mishima wrote:they can pry the bacon from my cold dead hand.
Current categorical classification systems of personality disorders (PDs) remain widely used amid growing evidence that argues against the conceptualisation of PDs as independent, discrete entities. Adopting the dimensional perspective of Morey et al. (Journal of Personality Assessment, 49, 245–251, 1985), this study compared PD traits across forensic, psychiatric and “normal” senior business manager samples. There was particular interest in the relative representations of elements of PD closely associated with psychopathic PD because of research suggesting that some “psychopaths” operate within mainstream society, and links that have been made between elements of these so-called “successful” psychopaths, and characteristics associated with success in senior business management roles. The dimensional Minnesota Multiphasic Personality Inventory Scales for DSM III Personality Disorders (MMPI-PD) were shown to be internally consistent for the “normal” sample. Evidence for the qualitative equivalence of the four PD profiles emerged. The PD profile of the senior business manager sample was found to contain significant elements of PD, particularly those that have been referred to as the “emotional components” of psychopathic PD. The findings provide strong support for the continuous distribution of personality disordered traits.
"That rifle on the wall of the labourer's cottage or working class flat is the symbol of democracy.
It is our job to see that it stays there." - George Orwell
One out of 10 Wall Street employees is a clinical psychopath, estimates Sherree DeCovny in CFA Magazine, compared with one out of 100 people in the general population.
I wonder what the rate would be among politicians?
One out of 10 Wall Street employees is a clinical psychopath, estimates Sherree DeCovny in CFA Magazine, compared with one out of 100 people in the general population.
I wonder what the rate would be among politicians?
Not possible to do a proper psychological profile on a professional liar.
"Liberalism is arbitrarily selective in its choice of whose dignity to champion." Adrian Vermeule
Some occupations call to greedy, manipulative, self-serving assholes who would throw their mother under a bus to further their own interests. Does there have to be a "disorder" involved?
Mao wrote:Political power grows out of the barrel of a gun. Our principle is that the Party commands the gun, and the gun must never be allowed to command the Party
