Women who trade

[ducati998]

trendie,

And the criteria that would seem to seperate the two sexes would be the assessment of risk.
Although they gave examples of the stock, or rather sector selection within the last 12mths, the underlying lesson is "risk" assessment, not management.

This rather begs the question,........is effective risk management, really effective risk assessment?

cheers d998

 

[trendie]

ducati998,

What I found most interesting was that women tended to invest in industries and sectors that were "boring", but had a basic need to everyone in society, such as food, leisure, utilities, etc.
Whereas men, tended to be "faddish", and wanted to play with "flash new toys".

I recall reading that Warren Buffet made his fortune investing in "boring" companies, such as carpet manufacturers, paint manufacturers, food stores, utilities etc. Basic, all-year-round, used-by-everyone, things, etc.

The aspect of "risk" or "management" aside, I found the types of investments by each of the sexes to more revealing.

 

[zigglewigler]

I can imagine those Anne Summers parties now, "I'll have the Rabbit and I'm going Long on those nice people that make Viagra."

Women are better at investing, it's dull and tedious. Men are better traders, is fast, furious, risky and utterly irresponsible. We drive too fast, we drink too much, we think a quickie in a back alley with a porn star a life's ambition. What can I say, you girls stick to the sensible stuff, I wouldn't trade positions with you for all the dollars in China.


XXXXXXX

 

[ducati998]

trendie,

What I found most interesting was that women tended to invest in industries and sectors that were "boring", but had a basic need to everyone in society, such as food, leisure, utilities, etc.

Sure, and this strategy is really defined as "stability" or "growth".
Wall St invariably mixes the two.

Once upon a time, those stable sectors were the hot growth sectors.

I recall reading that Warren Buffet made his fortune investing in "boring" companies, such as carpet manufacturers, paint manufacturers, food stores, utilities etc. Basic, all-year-round, used-by-everyone, things, etc.

WEB does not play the Wall St game. Therefore he is worth now $55B. Go figure.

The aspect of "risk" or "management" aside, I found the types of investments by each of the sexes to more revealing.

But I didn't.
What you are looking at are their portfolios for the last 12mths. This is the Wall St game, very short-term.

I would be interested in their portfolios over the last 10yrs, to compare and contrast their ASSESSMENT OF RISK. as market conditions evolve.

cheers d998