Tuesday, May 28, 2013

Legendary hedge fund guru: moms and trading don't mix

From Money: Leaning in may work for women in the world of tech. But if you're a woman who wants to balance trading and a family, one hedge fund manager says that's not possible.  "You will never see as many great women investors or traders as men. Period. End of story," said billionaire Paul Tudor Jones at the University of Virginia's spring investing symposium last month.

The video of the event, which was off the record, was obtained by The Washington Post through a Freedom of Information Act request.  Children are the ultimate career killer for female traders, Jones said. He specifically alluded to breastfeeding as a reason why a mother cannot, according to him, be a good trader.

"As soon as that baby's lips touch that girl's bosom, forget it," he said. "Every single investment idea. Every desire to understand what's going to make this go up or go down is going to be overwhelmed by the most beautiful experience, which a man will never share about a mode of connection between that mother and baby….."

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