"The Hour Between Dog and Wolf" by John Coates is a gripping exploration of the relationship between biology and risk-taking behavior. Drawing on his experience as a Wall Street trader and neuroscientist, Coates delves into the inner workings of the human brain and body in moments of high-stakes decision-making.
Through a combination of personal anecdotes, scientific research, and historical analysis, Coates reveals the surprising influence of hormones on our risk appetite. He demonstrates how testosterone and cortisol can drive traders to either incredible success or devastating failure, depending on their levels in the body.
Coates also examines the phenomenon of "the hour between dog and wolf," a term borrowed from French folk wisdom describing the eerie time when daylight fades and instincts take over. He explores how this altered state affects decision-making, as well as its role in banking crashes and financial bubbles.
With its captivating blend of storytelling and scientific insight, "The Hour Between Dog and Wolf" offers a captivating glimpse into the connection between biology, psychology, and risk. Coates argues that understanding our hormonal responses can help individuals, businesses, and society as a whole navigate the treacherous world of risk with greater clarity and success.
Engaging and thought-provoking, this book challenges conventional wisdom and delves into the fascinating intersection of biology and human behavior. Whether you're interested in finance, psychology, or simply want a deeper understanding of what drives our decisions, "The Hour Between Dog and Wolf" is a must-read. It will forever change the way you see risk and the nature of decision-making.