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Comment: Speaking while female - is lack of diversity holding hedge funds back? And why do men feel discriminated against?

Wednesday, November 02, 2016

Matthias Knab, Opalesque:

Texas Wall Street Women have published on Harvest Exchange:

To begin, communication is such an essential part of life and a critical component to career success, and it seems speaking while female puts us at a disadvantage. We are more likely to be interrupted and marginalized. Since it is such a common occurrence, women become less likely to speak up and share their opinions unless the group signals it welcomes their voices. To quote: "When women were outnumbered on a school board, scholars found, 88 percent of the time they spoke in proportions lower than their representation. When men were outnumbered, their participation did not suffer."

Is the state of the hedge fund industry a reflection of Dr. Scott Page’s thesis that without diversity (read: the differences in how people think), an industry, company or any group really, will not be as productive? The title of a recent Business Insider article alludes to that – "Hedge funds need to stop hiring the same white, male Wall Streeters they always have."

Harvard Business Review wrote that despite the gender pay gap, the fact that men hold 96% of Fortune 500 CEO positions and 80% of the House and Senate seats, it seems American men are increasingly likely to say they are the ones facing discrimination. Researchers say increasingly men are seeing the move to gender equality as a zero-sum game – namely that if women get ahead, they lose, even if there is no evidence that this is ......................

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