A little girl's statue was installed in front of the Wall Street bull

Discussion in 'Wall St. News' started by Pekelo, Mar 8, 2017.

  1. sle

    sle

    I said it's a structural issue, not difference. The issue is that woman in finance face some unique challenges that men don't face. Simple example - when a young woman starts as a trader, it's harder to develop a close relationship with her mentor without sending, erm, wrong signals. For the said senior trader, it could be hard to explain to his wife that he's grabbing a drink with his junior if said junior is a 21-year-old blond etc. For the said junior, it could be hard to suggest grabbing a drink cause it could be misinterpreted.
     
    #31     Mar 8, 2017
  2. gkishot

    gkishot

    LOL! This seems like the man's structural issue.
    What if her boss is a woman herself? Where is a structural issue there?
     
    #32     Mar 8, 2017
  3. sle

    sle

    The probability of that is low, because there are so few women-traders to begin with, especially senior ones.

    Well, no, because if eventually the junior trader never develops a personal relationship with her mentor, it's her career growth that's stunted.
     
    #33     Mar 8, 2017
  4. gkishot

    gkishot

    So how the situation should be remedied exactly?
     
    #34     Mar 8, 2017
  5. sle

    sle

    I don't know. I am merely pointing out the problem and never given it enough thought to figure out a global fix. When I used to have people reporting to me, a local fix for me personally was to make a conscious effort to treat female co-workers the same way I'd treat men. My experience was that throwing women into the mix leads to better risk management practices, so I felt it was important.
     
    #35     Mar 8, 2017
  6. gkishot

    gkishot

    I don't know either. That's why your giving one example does not mean there is some 'structural issue'. What if this is the natural course of events.
     
    #36     Mar 8, 2017
  7. sle

    sle

    While I definitely might be wrong, I have seen similar issues for number of female traders reporting to me or into adjacent groups. I have also heard enough anecdotal evidence from people across the street.

    We are traders, so we look at the world, see statistically significant phenomena and make causal generalized conclusions. I felt it was important enough for me to understand the gender-imbalance situation and make adjustments, but I don't get paid for devising global solutions.
     
    #37     Mar 8, 2017
  8. gkishot

    gkishot

    There is no "gender-imbalance" issue that requires global solutions. Even hiring women only wouldn't do it b/c it has no practical merits. There is no structural issue in existence of 2 genders. Next time just ask a complaining woman what she wants you to do?
     
    Last edited: Mar 8, 2017
    #38     Mar 8, 2017
  9. sle

    sle

    You're not an institutional trader/PM currently and I suspect never worked as one before. How would you know what is and what is not an issue for the finance industry, specifically for trading managers/PMs?
     
    #39     Mar 8, 2017
  10. gkishot

    gkishot

    I know the definition of "structural issue".
     
    #40     Mar 8, 2017