Billionaire investor says babies are like divorce: they both 'kill' focus
Hedge fund billionaire Paul Tudor Jones is making headlines after talking about “baby’s lips on a girl’s bosom” as a career-stunting “killer” for female Wall Street traders.
Hedge fund billionaire Paul Tudor Jones is making headlines after talking about “baby’s lips on a girl’s bosom” as a career-stunting “killer” for female Wall Street traders. Speaking at a symposium, he went on to discuss why he thinks being a mother makes it more difficult to become a successful trader in an ultra-competitive and male-dominated field.
Tudor Jones made the controversial comments last month at a University of Virginia panel that was not supposed to be reported on or recorded. The Washington Post obtained the video through a Freedom of Information Act request (so much for off-the-record).
In his commentary, Tudor Jones seemed to base his "typical female" case-study on two "girls" he started working with in the 1970s.
In a statement to The Post, Tudor Jones responded to the criticism he's received after his comments went viral.
He clarified that his remarks specifically referred to one area of trading, known as macro trading.
Macro trading “requires a high degree of skill, focus and repetition,” Tudor Jones writes. “Life events, such as birth, divorce, death of a loved one and other emotional highs and lows are obstacles to success in this specific field of finance.”