That correlation seems spurious to me, especially considering the method of study was "The researchers analyzed 350 merger and acquisition bids in the United States between 1997 and 2007, using a securities database from Thomson SDC."
I didn't notice any testosterone tests of those involved in there. What's the baseline?
Off the top of my head, I can think of several other youth-related behaviour you could easily attribute to that correlation:
I agree that there may be some flaws in the study. But as a young, male, testosterone-fueled entrepreneur, I find studies like this invaluable for ego-control. I am always realizing that I need to check myself before hubris takes its toll. I even have the phrase "all glory is fleeting" (a la Roman generals) visible on my computer as an indirect reminder to think first, then act.
Sounds like you've already got a good handle on things.
The primary issue with the article is that it could lead you to misdiagnose the root cause of any impulsiveness (in your business decisions) you may have.
You don't need this article, there is more value in having an experienced mentor to help you keep your impulses in check.
I didn't notice any testosterone tests of those involved in there. What's the baseline?
Off the top of my head, I can think of several other youth-related behaviour you could easily attribute to that correlation:
* Less experience
* Idealism
* Impulsiveness
* Willingness to take risk