I’m reading the headline on RoadRunner’s news site and I come across this one:  “Male Sex Hormone May Affect Stock Trades.”  I read the article and a study was just completed in England that measured the testosterone levels in men and determined that while high levels help over say a day of training, repeated days of high levels make men more risky and cause more “irrational risk-taking”. 

So, basically what we’re supposed to gather from this article is that men make lousy financial advisors and hiring more women would equate to “a much more stable financial system.”

I can hear my late grandmother’s answer to that:  “OH, COME ON!”

Isn’t this the same kind of argument that was used against women when they wanted to enter into male dominant fields?  Women shouldn’t fight in combat or be police officers because their monthly cycle makes them hormonal and therefore, they would make lousy soldiers and police officers.  Using the same type of hormone argument against men isn’t very fair, now, is it?

Well, I better end this.  My financial advisor for my IRA is a guy and I need to change him to someone else.

God Bless

Quote from AP Article on RoadRunner:

“WASHINGTON(AP) The hormone that drives male aggression and sexual interest also seems able to boost short term success at finance. But what seems to start out well can turn bad, with elevated testosterone levels over several days possibly leading to irrational risk-taking, according to researchers at the University of Cambridge in England.

“If people want to get practical, it would be good for both banks and the financial system as a whole if we had more women and older men in the markets,” said John M. Coates, lead author of a study appearing in this week’s issue of Proceedings of the National Academy of Sciences.

Such a change would produce a much more stable financial system, said Coates, a research fellow in the university’s department of physiology, development and neuroscience.”