'Psychopath' Hedge Fund Managers Make Less Money

Author: Ben Steverman

Being manipulative and mean isn't the secret to success, a new study by two psychology professors says.

Maybe the secret to success on Wall Street is being nice.
​
In the world of high finance, it’s been an article of faith among some that the only way to succeed—or even survive—is to be ruthless. But a new study in the latest issue of the Personality & Social Psychology Bulletin suggests those money makers at the top of the food chain, hedge fund managers, could benefit from being a little less mean. It turns out that people who exhibit what health professionals consider psychopathic traits actually perform worse than their peers over time. 

Read More: Here