Investing attitudes: Buffett and bankers
Here’s Warren Buffett; to me he comes across as entirely genuine, and I like his ‘minimum threshold’ approach.
If he can get it, why not others? The Tyrie report on banking behaviour includes (para 140) a conclusion that the absence of women on trading floors may have contributed to the grotesque excesses. It makes good sense, but I’d like to see more evidence . know there’s been some research on testosterone levels, but I’d be more interested in empirical studies of decision-making – in banking or elsewhere.