Gay Traders

Let me start out by saying that I am not gay; so don't throw monkey shit at me.

Now, with that being said, I'm just curious as to whether any of you have encountered any gay traders during your careers? Trading seems to be a very testosterone driven / aggressive industry so I would suspect that few gay men would be interested in trading.

Has that been your experience ? Do you know any gay bankers ?
Is the industry largely homophobic ?

 

I know a few MD's who are closeted gay/bi, but it's quite obvious because they're still single at 45 give or take, never married, not dating girls, etc. Even some old dangling bachelors are often bi as well. I also know several gay analysts in NYC. Not homophobic, but it's not such a good idea to be openly gay in this industry.

 
touchme:
I know a few MD's who are closeted gay/bi, but it's quite obvious because they're still single at 45 give or take, never married, not dating girls, etc. Even some old dangling bachelors are often bi as well. I also know several gay analysts in NYC. Not homophobic, but it's not such a good idea to be openly gay in this industry.
so they are gay because they are single? lolwut
 
kmzz:
touchme:
I know a few MD's who are closeted gay/bi, but it's quite obvious because they're still single at 45 give or take, never married, not dating girls, etc. Even some old dangling bachelors are often bi as well. I also know several gay analysts in NYC. Not homophobic, but it's not such a good idea to be openly gay in this industry.
so they are gay because they are single? lolwut

"Confirmed bachelors," as it were?

"When I was young I thought that money was the most important thing in life; now that I am old I know that it is." - Oscar Wilde "Seriously, psychology is for those with two x chromosomes." - RagnarDanneskjold
 
Best Response
empirestate:
Let me start out by saying that I am not gay; so don't throw monkey shit at me.

Now, with that being said, I'm just curious as to whether any of you have encountered any gay traders during your careers? Trading seems to be a very testosterone driven / aggressive industry so I would suspect that few gay men would be interested in trading.

Has that been your experience ? Do you know any gay bankers ? Is the industry largely homophobic ?

LOL.

Lots of gay guys are hyper testosterone driven and aggressive and could kick our all of our asses. Not all gay guys are stereotypical gays.

If I have this correctly:

There is a "Top" i.e., the very masculine " straight" appearing guy who does the fucking. i.e. the "man".

Then the "Bottom", who is sometimes more feminine who takes it up the ass. i.e, the "woman".

 

While we're on the topic, do you think attractive gay people are at an advantage too? I have a gay friend at Harvard and he's so adorable that I can't help but hug him and treat him like a puppy. And he's not one of those flamboyant ones - so it's almost impossible to tell that he's gay from a straight person's point of view.

I often hear on WSO that attractive female candidates get hired just for decoration purposes, which by the way I seriously doubt..

 
touchme:
I often hear on WSO that attractive female candidates get hired just for decoration purposes, which by the way I seriously doubt..

Don't doubt the power of the lower brain.

"When I was young I thought that money was the most important thing in life; now that I am old I know that it is." - Oscar Wilde "Seriously, psychology is for those with two x chromosomes." - RagnarDanneskjold
 

Similique tempore beatae dolores perferendis voluptate. Autem velit ducimus earum assumenda doloremque ut exercitationem. Sed provident dolore voluptatibus nemo.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”