Invest in Pussy. It's better than Gold.

http://bigthink.com/ideas/24423

This is an article about how women are actully better investors than men. The article does a pretty good job of saying how women are better investors, but I'm doubtful since I think most people screw up things when money is involved. But it is an intresting read.
Does anyone know if there are investment firms that have more female money managers than males?

 

If that's true, wouldn't you expect to see more highly successful female investors? News articles and statistics can be manipulated to make a point, but the actual market doesn't lie.

- Capt K - "Prestige is like a powerful magnet that warps even your beliefs about what you enjoy. If you want to make ambitious people waste their time on errands, bait the hook with prestige." - Paul Graham
 
CaptK:
If that's true, wouldn't you expect to see more highly successful female investors? News articles and statistics can be manipulated to make a point, but the actual market doesn't lie.

I think in general females are not interested in investing. Its just not a typical feminine thing to be interested in.

Anyway, I've read another article before in the WSJ about how women generate better returns than men because they are more aware of risk. Also, other articles have stated that women make better choices when switching firms and have more success when doing so because they consider factors other than higher pay when making the jump.

 
 
Best Response

Having traded both equities and commodities professionally, I can tell you that the two produce vastly different results when it comes to females.

The female equity traders I worked with were together, relatively unemotional (unless they slept with a male trader and he shared photos), had great client management skills, and were hard to ruffle. I would say that their overall results were comparable to their male counterparts.

The female commodities traders I worked with may as well have been strippers. It was not unusual to see them break down in tears, storm off the trading floor in a huff, wheedle preferential treatment out of management, lose shit tons of capital, and make a general nuisance of themselves. The couple who weren't drug addicts were emotional claymore mines with tripwires laying everywhere.

I attribute the difference to the volatility. Equities are a lot more mellow. I actually had female commodities traders come to me in tears and beg me to call their client for them and tell the client that they lost all their money in less than one trading session. They just couldn't bring themselves to make the call. And it happened A LOT.

 
Edmundo Braverman:

The female equity traders I worked with were together, relatively unemotional (unless they slept with a male trader and he shared photos), had great client management skills, and were hard to ruffle. .

Don't take this the wrong way. I truly mean it with the utmost respect, but you are one disturbed individual.

 
Edmundo Braverman:
I'm not sure I could make a generalization like that, because returns on commodities trading are almost universally bad. Guys certainly handle the losses better, though.

By the way, is your screen name Finance Therapist?

I hope so, because Finance The Rapist is just creepy.

Sean Connery SNL Jeopardy reference...if so extremely impressive

If I had asked people what they wanted, they would have said faster horses - Henry Ford
 

Laborum quasi temporibus ducimus error delectus sed qui est. Nisi et eligendi blanditiis. In architecto rerum illo rem qui quae. Quibusdam autem alias deleniti sunt.

Sit et error alias accusamus. Magnam officia distinctio quod asperiores amet hic similique.

Career Advancement Opportunities

March 2024 Investment Banking

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

Overall Employee Satisfaction

March 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

March 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

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $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
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
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...”