"Executive" Monkeys Influenced by Other Executives
From: http://www.dukemednews.org/news/article.php?id=9578
In trading we do exactly that. The high ranking traders; the good traders and the rich ones, give the cues that 80% of the masses follow.
I think that we already knew that.
quote:
When high-ranking monkeys are shown images of other monkeys glancing one way or the other, they more readily follow the gaze of other high-ranking monkeys, Duke University Medical Center neurobiologists have discovered. By contrast, they tend to ignore glance cues from low-status monkeys; while low-status monkeys assiduously follow the gaze of all other monkeys.
The discovery represents more than a confirmation of what most people believe about their bosses, said the researchers. The findings reveal that gaze-following is more than a reflex action; that it also involves lightning-fast social perception.
...
In trading we do exactly that. The high ranking traders; the good traders and the rich ones, give the cues that 80% of the masses follow.
I think that we already knew that.
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