RSVP Blog

Tuesday, February 16, 2010

Women vs Men in the Finance Industry

The Sydney Morning Herald recently published an article about investment banks undergoing a makeover by hiring more women to equalise their male dominated trading floors. A study by US finance professors in 2001 discovered male investors tended to 'suffer' overconfidence, which caused them to trade more frequently in search of profit.

Females, on the other hand, traded less but made more money in the long run because of the costs incurred by men in trading.What are your thoughts on this 'makeover'? Do you agree that women are capable of making more money than men? Do you work in the industry and feel it to be male dominated?

Posted by Ellida in The Money Market at 11:53 AM

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