Hedge-Fund Alpha
-- Looking to amp up returns? Well don't turn to those stereotypical macho, alpha male traders ... Apparenlty they can't perform where it really matters - at the trading desk. According to a study conducted by the University of Central Florida and Singapore Management University, hedge-fund managers with high testosterone underperform those with low testosterone by 5.8% each year. AND - not only do funds of higher-testosterone managers produce lower returns, but those managers are also more likely to be fired! So - do we need fewer Gordon Gekkos and more shy quant nerds managing money? Steve Urkels perhaps?
