More details emerged in a Washington Post story today about the controversial comments billionaire investor Paul Tudor Jones made at an April symposium at the University of Virginia:
Paul Tudor Jones, the hedge fund billionaire, told an audience of University of Virginia students, alumni and others that it is difficult for mothers to be successful traders because connecting with a child is a focus “killer.” As long as women continue having children, he said, the industry is likely to be dominated by men.
“As soon as that baby’s lips touched that girl’s bosom, forget it,” Jones said, motioning to his chest during an April symposium. He was talking about two women who worked with him at a stock brokerage in the late 1970s — two women who married, had children and, according to his account, no longer had the laser focus needed for the intense world of macro trading.
“Every single investment idea . . . every desire to understand what is 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 that baby,” Jones said, according to a video of his remarks The Washington Post obtained through a Freedom of Information Act request. “And I’ve just seen it happen over and over.”
Feminists later attacked Jones, saying his comments were insensitive and would discourage women in the workplace.
Was Jones being sexist, or just realistic? What do you think?
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