Do Your Genes Determine How You Invest?

In one study about risk-taking in investment decisions:

People with a high-risk version of the dopamine gene put their money in risky investments about 25% more often than those with the gene’s more common version. Volunteers with the high-anxiety version of the serotonin gene were more careful about money management. They invested 28% less money in risky investments than people with the nonanxious version.

In a second study on testosterone and financial risk preferences:

Those with testosterone levels 33% higher than average invested 10% more of their money.

In a third study about endogenous steroids and financial risk taking:

Among London traders, higher levels of early-morning testosterone equaled better-than-average daily profits.

[The above block quotes are from an article in Parade magazine.]

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