Friday, May 24, 2013

Hedge hog: No mamas!

Hedge funds may be the last bastion of white male privilege — and that’s just the way these Neanderthals like it.

“I don’t think you’ll ever see as many great women investors or traders as men, period,” said billionaire Tudor Investment Corp. founder Paul Tudor Jones, adding that children are the kiss of death for an investment career.  “As soon as that baby’s lips touch that girl’s bosom, forget it.”

In reality, the small minority of funds run by women — about 16 percent — outperformed those of men last year, a study by accounting firm Rothstein Kass found.  But Jones — the father of three daughters — apparently didn’t get that memo….

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