1 "Sensation seeking" and investments comentada em 15/12/2016 15:20 Assuntos Gerais sniper em 15/12/16 15:12 comentada em 15/12/2016 15:20 "risk-adjusted returns suffered more than 21 percent for the sports car owner versus the average fund. Put another way, the average hedge fund with a hot-rod driver at the helm is more than 16 percent more volatile than those with a manager who drives a more practical car.The results stand up when controlled for other factors like age or share restrictions, the researchers say.""The researchers say car ownership can be a good gauge of a trait they call sensation seeking, which has been linked to substance abuse and crime -- not the most comforting behavior when it comes to money management. They found that the increased proclivity for risk taking comes without being compensated for higher returns.When Your Hedge Fund Manager Buys a Ferrari, Find a New Manager - Bloomberg
