It is difficult for mothers to become traders because connecting with a child is a "focus killer," hedge-fund chief Paul Tudor Jones told an audience at a Q and A session at the University of Virginia last month. Responding to a question from the audience about why the panel of hedge-fund heavy hitters didn't include any women, Jones said, "You will never see as many great women investors or traders as men, period, end of story."
I appreciate Jones' candor, but I can't believe he said it. He clearly was giving his honest opinion. He believes he's right. He also took great pains to say that it's not that women aren't capable, they are. I trust that he believes that.
(He also released a statement Friday, after a video of his remarks hit the web. Apologizing that "my remarks offended," he added: "I believe that great success is possible in any field ... as long as a woman or man has the skill, passion, and repetitions to work through the inevitable life events that arise along the way.")
But in his original remarks at UVA, Jones explained that women bonding with their children "are overwhelmed by the most beautiful experience ... which a man will never share." I wonder how long this most beautiful experience knocks women off their game.