Why Wall Street needs more women
Natalee Roan
September 11th, 2009From CBS News, yet more evidence that women are better at investing than men: "A recent report showed that while all hedge funds had an annual return of almost 6 percent, hedge funds run by women did better with a return of 9 percent. And during the downturn last year, while all funds dropped 19 percent, funds run by women went down just below 10 percent." A difference of 9 points is HUGE - It means women fund managers performed nearly twice as well as their male counterparts. Why would this be? "In fact, scientific studies have found that men take more risks in response to peer pressure than women and that there's a direct link between increased testosterone and a willingness to take risks," according to the CBS News article.
Previous research on women and financial management:
New Research: Do investors prefer female CFO's?
Can we finally dispense with the ridiculous stereotype that women are bad at math?!
The segment on the "Women in
The segment on the "Women in Fund Management Report" aired tonight on CBS Evening News! I big thank you to Kelly Wallace and the producers at CBS.Click HERE to see the segment, to read the transcript and to leave a comment on the CBS site. ( especially if it is a nice one!!)"If there had been a critical mass of women over a period of time at the decision-making tables, would we be in the place that we are in today? I don't think so," Zehner said.Let me say it again. I truly don't think so. This in one woman's opinion and last time I checked everyone is entitled to one and I am proud to say mine is based on a lot of evidence.base sas certification questions (sorry I am a little cranky about some of the mean, unsupported comments I received) For those who disagree I would love to see their report that would suggest otherwise. I showed you my evidence, now please, show me yours.The reality is we will never know if the "greatest financial crisis since the Great Depression" could have been either avoided or tempered if we had more balanced board rooms, risk management teams and leadership. We will never know.ccie written exam preparation But can we all please agree, at least, that those in power did not do that great of a job? Can we please just acknowledge that it is a fact that the vast majority of people in decision making seats are men and perhaps, just perhaps that by adding women - smart women,cisa exam questions wise women, insightful women - in critical mass, we might improve the quality of decision making. I am not saying women are smarter then men, or more moral, or or.... what I am saying is that diversity of thinking, of perspective, of backgrounds improves decision making. Read the evidence. This is not 'feminist propoganda' as one person commented, this is logical. It makes sense.
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