(Editor’s Note: as part of our Author Speaks Series, you can enjoy below a stim­u­lat­ing excerpt from the new book The Brain Advan­tage: Become a More Effec­tive Busi­ness Leader Using the Lat­est Brain Research).

Brain-imaging tech­niques allow researchers to wit­ness the brain’s activ­ity reflected in a rain­bow of col­ors on a com­puter screen. When brain cells are highly active ”work­ing harder” the result shows up as brighter col­ors on the com­puter screen. Bril­liant reds and yel­lows indi­cate brain areas that are most active. In con­trast, the blues and greens on a scan show a qui­eter, less active brain.

What would we expect to find if we exam­ined the brain scans of peo­ple with high ver­sus aver­age IQ scores? We might pic­ture the active brain of an Ein­stein as a hotbed of smol­der­ing col­ors ”but we’d be wrong. Neu­rol­o­gist Richard Restak sum­ma­rized a UCLA study that com­pared indi­vid­u­als with high IQs to those with aver­age IQs. Restak wrote, The researchers started off with the seem­ingly rea­son­able idea that ‘smarter brains work harder, gen­er­ate more energy, and con­sume more glu­cose. Like light bulbs, the brains of bright peo­ple were expected to illu­mi­nate more intensely than those of dimwits with a reduced wattage.  What they dis­cov­ered instead was exactly the oppo­site. Higher IQ peo­ple had cooler, more sub­dued brain scans “while their less intel­lec­tu­ally gifted coun­ter­parts lit up like minia­ture Christ­mas trees..

Why would smarter brains work less hard? Read the rest of this entry »

(Editor’s Note: Should Ham­let be liv­ing with us now and read­ing best­sellers, he might be won­der­ing: To Blink or not to Blink? To Think or not to Think? We are pleased to present, as part of our ongo­ing Author Speaks Series, an arti­cle by Madeleine Van Hecke, author of Blind Spots: Why Smart Peo­ple Do Dumb Things. In it, she offers the “on the other hand” to Mal­colm Gladwell’s Blink argument.)

To Think or to Blink?

- By Madeleine Van Hecke, PhD

Is thought­ful reflec­tion nec­es­sar­ily bet­ter than hasty judgments?

Not accord­ing to Mal­colm Glad­well who argued in his best-selling book, Blink, that the deci­sions peo­ple make in a blink are often not only just as accu­rate, but MORE accu­rate, than the con­clu­sions they draw after painstak­ing analysis.

So, should we blink, or think?

When we make judg­ments based on a thin slice of time  a few min­utes talk­ing with some­one in a speed dat­ing sit­u­a­tion, for exam­ple are our judg­ments really as accu­rate as when we ana­lyze end­less reams of data?

Read the rest of this entry »

We had the for­tune to inter­view Dr. Brett Steen­barger on Enhanc­ing Trader Per­for­mance and The Psy­chol­ogy of Trad­ing as we launched our Neu­ro­science Inter­view Series.

Below, Expert Con­trib­u­tor Dr. Jan­ice Dorn pro­vides an in-depth brain-based dis­cus­sion of the topic, con­clud­ing that “The brain is the most pow­er­ful struc­ture in the known uni­verse and the only trad­ing tool that the trader needs to become an expert.”

No mat­ter whether you are a Pro or Ama­teur Trader…this will cer­tainly exer­cise your brain! (Dr. Dorn is prepar­ing more arti­cles on trad­ing per­for­mance and the brain…so stay tuned).

This is Your Brain On Trading

– By Dr. Jan­ice Dorn

The open­ing bell sounds, and sixty mil­lion traders enter the great­est arena in the world to do bat­tle with each other. They put their money, beliefs and skills on the line as they make deci­sions to buy and sell. Wel­come to the finan­cial mar­kets where bil­lions of dol­lars are won and lost every day. Volatil­ity com­pels all to engage their brains in the con­tin­u­ous process of deci­sion mak­ing. What sep­a­rates the win­ning from los­ing traders is the way they use their most pow­er­ful trad­ing tool—the human brain.

Read the rest of this entry »

I’d love to know what was going in your mind just a few sec­onds ago, when you started read­ing the title of this post. That will help us under­stand your mind­set, pri­or­i­ties, ques­tions, con­cerns, interests, and keep improv­ing our blog!

Thank you