Transgender applying to GWI

No joke, at my TARGET school there’s a transgender applying for Girls Who Invest. This is a guy - I guess one who says he’s a girl. What the absolute fuck can they even do about it. They’d be slammed with a lawsuit if they say she isn’t a woman.
The stage of finance in 2025. Jesus Christ

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There are, writ large, two major possibilities, and neither of them are likely to work out all that well for this person, so you have little to fear.

1. This person is a self-aggrandizing opportunist who does not really identify as a woman but is wanting to take advantage of a women's program. Contrary to the other commenters, there is not some kind of a dating advantage here. People would be weirded out by this. A lot of employers will say no to someone who identifies as transgender. At most Wall Street firms, you won't even get hired as a heterosexual person in the gender binary who lists their pronouns in their LinkedIn, much less someone who is nonbinary or identifies as something different than what they were assigned at birth. An opportunist is not going to succeed.

2. The person legitimately in their heart believes that they are a woman. This is the much likelier case. They have a difficult road ahead of them. 29% of trans adults live in poverty. A majority of trans people have experienced some form of intimate partner violence. Nearly half have had intimate assaults against their person. They face countless obstacles in legal identification and official government documents. It's not an easy life, and not one that someone would elect into easily. Working in a finance firm with a lot of people who demographically don't recognize your lifestyle choices as legitimate is not easy either, and it translates into hiring prospects, retention, bonuses, and promotions. It's not easy. They have their work cut out for them.

Regardless of whether you see this as mental illness or legitimate or illegitimate, this person has likely faced things in this life that you will not have to deal with, so be thankful for that, recognize that, and leave them be. Finance is about rationality and living rationally, and it is not rational to assume the existence of all of these pure opportunists trying to take advantage of diversity programs for women by claiming to be transgender when there are so many obstacles of greater significance which point in the opposite direction (don't do it).

 
dowhatittakes

Uhh, I disagree wallstreet firms are incredibly woke now. This person will be welcomed with welcome arms

I disagree. it's still just "keep your head down" for them even at big NY AM firms. I had a trans coworker at my last firm, and even with really nice bosses everybody was like "you do you and don't be too woke, and no pronouns in your email signature, but we'll fix the name on your email."  I didn't even know she was trans until she got on the cover of Businessweek as part of a feature for it.

The only difference between Asset Management and Investment Research is assets. I generally see somebody I know on TV on Bloomberg/CNBC etc. once or twice a week. This sounds cool, until I remind myself that I see somebody I know on ESPN five days a week.
 

How many trans people do you know who are currently working as an investment banker today? I know of one. One. There are several instances of people who transitioned while working at a bank, but that's a bit different, as that would not be observable in hiring behavior.

You know what the truth is? Most trans people in America don't want your job. They don't want it. Not in the least. Not for them. Do you know why? Because most of them have read enough anti-capitalist things on Tumblr or Wattpad or Reddit that they want nothing to do with mergers, acquisitions, carried interest, or stocks. Most trans people I know from college (some of whom I would still call friend) would prefer to be involved with theatre, or arts, or literature, or music. It's in their blood. They don't want your job, and certainly not in numbers of critical mass for you, me, or anyone else in our industry to care about it.

 

Dude, just get over it. Reggie Browne is part of Women in ETFs, and I promise you that as a 6'5" former college lineman he doesn't identify as a woman.

https://www.bloomberg.com/news/articles/2014-02-27/cantor-s-browne-wiel…

The only difference between Asset Management and Investment Research is assets. I generally see somebody I know on TV on Bloomberg/CNBC etc. once or twice a week. This sounds cool, until I remind myself that I see somebody I know on ESPN five days a week.
 

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