Wall Street's Bro Culture

Young Wolf's picture
Rank: Orangutan | 360

Saw the article on bloomberg and i thought it was pretty interesting as it shed life into the Wall Street's male dominated workspaces.

The article went on to state how the election has actually got some females worrying over the banter they have detected from their male counterparts in response to whether Hillary Clinton would be a good president.

In interview upon interview, a couple of core concerns emerged. They're bothered by the uptick in edgy banter they've detected from their male colleagues as Trump advanced in the campaign. And they wonder how they'll advance in their own careers if their coworkers question Clinton's fitness for the presidency because she's a woman.

Many women say discrimination, subtle or not so subtle, is a fact of life in an industry dominated by men. Indeed, they worry that talking openly about it will stifle their careers. Most of those interviewed by Bloomberg spoke on the condition they not be named, saying they feared they'd lose their jobs or be ostracized by colleagues. As one put it, gender politics is the elephant in the room: Most women want to discuss it, but few think they can.

An executive at a large hedge fund, who said she's Republican, said that hearing male colleagues disparage Clinton -- "potentially the most powerful person in the world" -- in ways they would never disparage a man made her question what they say behind her back.

Thoughts?

Comments (30)

Nov 7, 2016

Why am I not surprised?

Nov 7, 2016

The REM phase of sleep increases the production of testosterone. This means that when people do not sleep enough, their testosterone levels are lower. This lack of sleep, which leads to less testosterone will probably lead to less concentration and focus than when they had a good night of sleep.

I might be wrong, but I would have taken the hours of sleep per night these traders had during this two week period.

Nov 7, 2016

something something correlation is not causation something something

Nov 7, 2016
blackid:

something something correlation is not causation something something

something something ever heard of econometrics something something

This guy definitely controlled for lagged profits, sports activity, sex etc and regressed for testosterone as dependend variable - like every decent researcher does...

    • 1
Nov 7, 2016

start passing around some Test injections on the floor

Nov 7, 2016

Intense training sends your free testosterone much higher, especially certain lifts like squats and power cleans.

I also thought it was strange that hormones (T and cortisol) are being called chemicals above.

Nov 7, 2016
adapt or die:

Intense training sends your free testosterone much higher, especially certain lifts like squats and power cleans.

I also thought it was strange that hormones (T and cortisol) are being called chemicals above.

Ah, nice editing catch on me labeling them as chemicals. I'll have to edit it to "compounds of chemicals" when I'm off work. Thanks

Nov 7, 2016

This is some fascinating stuff. The implications are a bit scary. I always envision traders as having high testosterone anyways...if they start juicing, things might get ugly.

Nov 7, 2016

I think it's higher profits from the previous day probably leads to higher testosterone the next day. Not the other way around. Being a good trader leads to being an even better trader.

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Nov 7, 2016

His book is called "The Hour Between Dog and Wolf: Risk Taking, Gut Feelings and the Biology of Boom and Bust". I'm not sure if I buy his argument, but I'm going to check it out. If we assume that it is true, I'm wonder if it would even be relevant considering the incentives structure of these jobs.

Here's a short interview.

Nov 7, 2016

sort of off topic but, when banks conduct drug tests do they do a hormone panel?

i guess i'm wondering if they would care if employees are on anabolic steroids

Nov 7, 2016

If only SOMEONE had told Ping JIang at SAC.

Nov 7, 2016

This is a pretty substance-less post.

Nov 7, 2016

.

Nov 7, 2016

why do men dominate everything?

Nov 7, 2016

Because BSD>WGV

Nov 7, 2016

Because women have fooled many men into thinking that the better role in the marriage is slaving away in an office for 100 hours a week while they get to hang out at home.

Who's really the winner in this arrangement?

Nov 7, 2016

men are in general smarter than women.

Nov 7, 2016

According to Operah, "Being a mom is the hardest job in the world."

Nov 7, 2016
Buyside CFA:

According to Operah, "Being a mom is the hardest job in the world."

Lol Oprah never had kids how would she know?

Why so many women these days want to break our of their traditional roles as homemakers and enter high-stress careers like those of high finance is beyond me. I'd rather marry into money and chill out at home watching tv, working out, and making food than slave away in any type of traditional male career. A lot of middle/upper class families send their kids off to day care/nannies/boarding schools anyway so these mothers aren't solely raising the kids or anything.

Ever wonder why women live so much longer on average? I HIGHLY doubt that the cause of this trend is purely biological, as some sources would have you believe. It's because most women chill for their entire lives or do low(er) stress work.

Nov 7, 2016
Buyside CFA:

According to Operah, "Being a mom is the hardest job in the world."

Rasing kids isn't hard do what all the black girls that get pregnant at 14 do, let your kids run wild or make someone else pay to take care of them.

Follow the shit your fellow monkeys say @shitWSOsays

Life is hard, it's even harder when you're stupid - John Wayne

Nov 7, 2016
Comment

alpha currency trader wanna-be

Nov 7, 2016
Comment

I eat success for breakfast...with skim milk