Mastering the Moneyed Mind, Volume II: The Bottomless Line-Important Lessons they did not Teach you in Business School

The Bottomless Line—Important Lessons They Did Not Teach You in Business School explores the psychology of money and how it relates to systemic corruption on Wall Street. It provides evidence that ties these issues to the lessons of the Milgram experiments and emphasizes the need to cultivate and maintain a core of character to weather any ethical storm.

Format: Paperback / softback
Length: 146 pages
Publication date: 30 September 2020
Publisher: Business Expert Press

The Bottomless Line—Important Lessons They Did Not Teach You in Business School is the second installment in a series delving into the psychology of money by Dr. Christopher A. Bayer, renowned Wall Street Psychologist. This captivating book expands upon the fundamental themes explored in the first volume, drawing the reader's attention to the darker aspects of the business world. Organized in a manner that facilitates an examination of contemporary instances of deliberate co-optation, misuse, and misinterpretation of ancient texts and ideas, routine corruption, and perilous groupthink, the author delves into the personal and widespread financial woes caused by reckless financial misunderstandings. This book serves as an exploration of how direct and indirect psychological conditioning erodes morality in the realm of finance. It presents compelling evidence linking systemic corruption on Wall Street to the lessons learned from the renowned Milgram experiments (obedience, the effects of perceived hierarchy and status, immoral actions—"just following orders"). Ultimately, readers are guided to the "big takeaway": the imperative of cultivating and sustaining a core of character to navigate any ethical storm. Furthermore, this book provides a comprehensive summary of the history of financial psychopathy, outlines the rise and downfall of a few notorious Wall Street figures—from the executives at Enron to the infamous Bernard Madoff—and examines how their inherent psychopathy renders them devoid of the moral qualities necessary to develop a functioning and responsive moral compass known as Gyroscope.

ISBN-13: 9781951527945