Mind Over Money's Podcast

The Evolution of Risk-Taking   Trading is one of the hardest day jobs in the world – what drives those who succeed at it?   Welcome back to Mind Over Money, I’m Kevin Cook, your field guide and story teller for the fascinating arena of behavioral economics.   Today my guest is a PhD candidate from the University of Greenwich in London who is studying the risk-taking behavior of traders from the perspective of evolutionary psychology.   Belinda Vigors wants to know if successful traders are doing anything different when making decisions under uncertainty and stress than us mere mortals who wrestle with our cognitive biases and unknown depths of neurochemistry and neuro-circuitry that drive our emotional habits.   Before we meet Belinda, I want to give you some background for our discussion that is actually causing a rift in the field of behavioral economics, at least for those of us who apply it to markets and trading.   I have been a long-time fan of Daniel Kahneman -- who is the only psychologist ever to wi