Posted on 11/09/2012 6:15:21 AM PST by ExxonPatrolUs
A few years ago Wall Street Journal columnist Jason Zweig quoted well-known finance professors Brad Barber and Terrance Odean. Their research proved womens risk-adjusted returns beat those of men by an average of about one percentage point annually ... women trade less frequently, hold less volatile portfolios.
Mens brains think like aggressive hyperactive kids playing video games: In the testosterone-poisoned sandbox of the male investor, the most important thing is beating the other guy; the second most important: bragging about it. The long term is somebody elses problem and asking for advice is an admission of inferiority. Worrying about risk is for sissies.
Is it any wonder the male-dominated world of Wall Street has boomed and busted every few years for more than two centuries?
Its also easy to understand why Americas future would be safer if women were in leadership roles. As Zweig put it: Women put safety first ... are less afflicted than men by overconfidence, or the delusion that they know more than they really do. And theyre more likely than men to attribute success to factors outside themselves, like luck or fate.
America cant survive as a nation with leaders trapped in an inherent self-destructive tendency, and trapped in denial till its too late. The 21st centurys demands women into leadership roles.
(Excerpt) Read more at marketwatch.com ...
HaHa, Hillary is an Old Rich White Woman and Rice is a RINO. Nuff said.
< huge face palm >
But just imagine an entire administration made up of Nuns on a bus. The world would sing in harmony and drink diet coke in containers smaller than 32 oz. The mean Catholic bishops would change their hearts and pass out contraception to all the kiddies that mommies have love for. More children waiting to be adopted could be placed into the loving arms of same-sex couples. And the unwanted growth tissue that women discard can be used in face creams, energy drinks and regenerative agriculture bio-mass. Mean angry men can take out their aggression by peddling generators to supply more electricity for cosmetic surgeons, salons and for brightly lit vanity mirrors at home and at work. Oh my gosh, what a wonderful world it would be.
Probably nobody takes him seriously anymore, so he's begun ghost writing columns under the name "Paul B. Farrell"
Golda Meir?
Author is clearly a 'girly-man' and probably a poofter.
Forgot her . . . I was referring to Thatcher
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