Hello @UpFromZero and @ponponwei (and @Falstaff).
On my thread Why we need more (good) female traders
there are a few quoted studies with variable sample sizes, all of which tend to show that:
-
women are more risk averse and therefore
better at safeguarding traded profits; -
traditional male-centred banking rewards
risky behaviours and leads to boom-bust
cycles.
There is a lot to be said about algorithmic/ automated trading that is worlds apart from the pit-trading days: however that male culture still exists in investment banking and it will still reward risky behaviours.
It seems that cultural attitudes in this field prevail over objective appraisal of women’s worth: this is why women are still ‘unattractive’ when a choice for the next CEO has to be.made…
In short: smart women are more level-headed with money than smart men, in the trading field. Of course there are plenty of examples to the contrary, but the studies do show this dissonance between investment/trading cultural.practices/norms and the actual value of women to trading/investing.
The discussion is very current and if cultural norms are slow to change then no amount.of studies will ever be proof enough if falling on deaf ears.