The March/April issue of the CFA Magazine has a fascinating article titled "The Financial Psychopath Next Door." A shocking statistic jumped out at us. From the article: Studies conducted by Canadian forensic psychologist Robert Hare indicate that about 1 percent of the general population can be categorized as psychopathic, but the prevalence rate in the financial services industry is 10 percent. And Christopher Bayer believes, based on his experience, that the rate is higher. Bayer is a well-known psychologist who provides therapy to Wall Street traders. The type of psychopath the author is writing about is ... (full story)