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When Not to Trust Your Instincts

When making investment decisions, your gut isn't always your best guide.

This story appears in the February 2006 issue of Entrepreneur. Subscribe »

Looking to make better investment decisions? Going a little psycho might help, suggests a new study.

When researchers from the Stanford Graduate School of Business, Carnegie Mellon University and the University of Iowa compared investment decisions made by people with a diminished capacity for emotion to those of normal participants, they found that "functional psychopaths" make better investment decisions.

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