ABSTRACT
This chapter addresses whether or precisely which personality traits would distinguish successful versus unsuccessful financial performance of fund managers. It discusses the personality traits of fund managers by the Big-Five and observed their investment outcomes in the real market. The chapter hypothesizes that fund managers with high scores in extraversion, openness to experience and conscientiousness would exhibit higher financial performance whereas managers with high scores in neuroticism and agreeableness would likely exhibit lower financial performance. Agreeableness is accepted to relate an individual's interpersonal style and strategies to act in accordance with other people's interests. Conscientiousness measures the degree to which an individual is oriented toward duty, responsibility, and dependability. Neuroticism is the tendency toward negative emotional experience, and it addresses the degree to which the individual shows anger, anxiety, or depression rather than calmness, self-confidence, and coolness. Openness to experience relates to intellectual curiosity as well as willingness to try different activities or consider unconventional ideas.
