7 Extraordinary Female Investors - Hallo Dear, elisa-head.blogspot.com, This article that you read this time with the title 7 Extraordinary Female Investors, We have prepared this article well for you to read and retrieve the information in it. hopefully the contents of we write can be understood by you. Alright, happy reading.
Title : 7 Extraordinary Female Investors
link : 7 Extraordinary Female Investors
7 Extraordinary Female Investors
[ad_1]
Finance remains a male-dominated profession, especially at the top. Women in the United States formed 53 percent of the total workforce in finance in 2017, according to the U.S. Bureau of Labor Statistics But they only accounted for 17 percent of senior-level managers in the investment banking sector in 2015, according to a February 2017 survey by Catalyst Research and the latest data.
Women can be highly researched or ignored for positions of power. They are sometimes underestimated, pitted against each other, held to higher standards, and are expected to work harder or achieve more to prove themselves to their male counterparts.
But now there are more opportunities in finance than ever before for women, thanks in large part to women who have pioneered in the field. If you want to play a leadership role in finance and look for models, here are seven women who have achieved great success - often willing to stand out, take risks, and refuse to accept no answers.
Geraldine Weiss, Investment Advisor
Geraldine Weiss was one of the first women to make a name for herself in finance and to prove that women can be successful investors. He learned about investing by reading books, listening to his parents' conversations, and studying business and finance in college.
No investment company is interested in hiring him as more than a secretary, regardless of his studies. "That is the world of men, and women don't need to apply," he recalls. In the face of rejection, he started his own investment bulletin in 1966 at the age of 40. The response to one of his newsletter advertisements reads, "I can't imagine myself ever taking investment advice from a woman. Unless you accept your advice from a man."
To avoid further gender discrimination, Weiss signed his newsletter "G. Weiss." Only in the mid-1970s did he reveal his identity, having achieved a consistently successful track record.
Value-based and dividend-oriented stock picking strategies outperform the strategies recommended by other bulletins and have achieved above-average returns even in poor markets. He published his bulletin, Investment Quality Trends, for 37 years until he retired in 2003. The newsletter still exists and is still following Weiss's strategy.
 |
| img by hatchinvest.nz |
Muriel Siebert, Founder of Brokers
Without ever graduating from college, Muriel Siebert obtained an entry-level research position in finance, eventually becoming a partner and later founding brokerage company Muriel Siebert & Co. in 1967. The difficult process of getting his company listed on the New York Stock Exchange (NYSE) involved many rejections from men who refused to sponsor his application and had difficulty obtaining the financing needed to meet expensive entry requirements on the exchange. She survived, and her law firm became the first female member of the NYSE. It is still the only national brokerage on the exchange.
In 1975, Siebert turned his company into a discount broker, a new concept at the time. This threat to the status quo led him to be ostracized from Wall Street and almost expelled by the Securities and Exchange Commission (SEC). But he also overcame these challenges.
Siebert then brought his financial expertise to politics, another field dominated by men. As Superintendent of the New York State Banking Department from 1977 to 1982, he helped prevent bank failures in a chaotic market. As a Republican, he also made a bid for the U.S. Senate seat Siebert died on August 24, 2013.
Abigail Johnson, Investment Advisor
Billionaire Abigail Johnson became Chair and CEO of Fidelity Investments in 2016, having served as President and CEO since 2014. She is the daughter of former Fidelity Chair Edward C. Johnson III and grandson of the company's founder. He owns almost 25% of the company, and his fortune is estimated at around $ 11 billion.
There is no question that being born into the right family helped Johnson reach his present place. That said, as one of the largest mutual fund companies with nearly $ 6.8 trillion in assets in administration, $ 2.6 trillion in assets managed in 2018 and a history of 71 years, Fidelity has too much at stake to put someone in charge by name alone. Johnson earned an MBA from Harvard and worked as a customer service representative, analyst, and equity portfolio manager with Fidelity for about a decade before getting his first executive position there.
Abby Joseph Cohen, Portfolio Strategist
Cohen has been a respected and respected portfolio strategist for decades. After serving as an economist at the Federal Reserve Board in 1973, Cohen worked as an economist and quantitative strategist at large financial companies including T. Rowe Price, Barclays, and Drexel Burnham Lambert. He joined Goldman Sachs in 1990, becoming a partner in 1998. His positive and accurate estimates of the bull market in the 1990s made him a star in finance and media.
Cohen retired in 2018 as Head of Strategy and President of the Goldman Global Market Institute. But in 2019, he will continue to be the advisory director and senior investment strategist, as well as a member of the Investment Committee for US pension plans.
Cohen has also held prestigious positions with organizations including Cornell University, the Chartered Financial Analyst Institute, Major League Baseball and the Council on Foreign Relations. He also found his name on the Forbes list "Most Powerful Women" which includes women from all professions, not just finance.
Lubna S. Olayan CEO
As CEO of the Riyadh-based Olayan Financing Company, one of the most prominent companies in Saudi Arabia, this Saudi woman is responsible for 50 manufacturing companies and has also been named # 59 on Forbes' Forbes' Most Powerful Women 'list.
Olayan entered the family business in the early 1980s when it was unusual or socially acceptable for Saudi women to work in the business. In fact, it is not and it is still not uncommon for Saudi women to work at all, let alone to work in business, because of restrictions on their freedom. She employs more than 540 women in her company and is a female champion in the workforce.
In addition to her famous position at Olayan Financing, she became the first female board member of a Saudi public company when she joined Saudi Hollandi Bank in 2004. She also became a member of the board of investment companies of the Egyptian Financial Corporation and investment bank Capital Union.
Deborah A. Farrington, Partner of Venture Capital Funds
Deborah Farrington is the founder and president of StarVest Management's business finance software company and partner of StarVest Partners venture capital funds. Previous positions included the president and CEO of a private equity investment company, founder of investors and company chairmen and successful staff managers with several financial institutions. Like Johnson, he obtained an MBA from Harvard Business School.
Farrington is also the director of two publicly traded companies: Collections Universe, Inc., and the business finance software company NetSuite, Inc., both of which are based in California. In addition, he is the director of several private companies and a non-profit organization and has appeared on Forbes' "Midas List", a ranking of top venture capitalists.
Linda Bradford Raschke, Trader
Linda Raschke is president of two financial companies that bear the initials of her name: LBRGroup, Inc., commodity trading advisor, and LBR Asset Management, commodity collection operator. He began trading professionally in the early 1980s and worked as a market maker for stock options. For six years, he worked at the Pacific Coast Exchange and the Philadelphia Stock Exchange before becoming an independent trader. Raschke wrote a book about high probability trading strategies and has been widely displayed in the media. He also gave lectures on trade to a number of prestigious organizations including the Managed Futures Association and Bloomberg.
Being a woman in finance means high pressure, but also high visibility. And women who want to be promoted can make this visibility benefit them. Many women in finance still face gender discrimination and lower wages for comparable work. But the obstacles are lower and there are more choices today than when Weiss, Siebert and Cohen entered the field.
[ad_2]
Thus the article 7 Extraordinary Female Investors
You are now reading the article 7 Extraordinary Female Investors with the link address https://elisa-head.blogspot.com/2019/10/7-extraordinary-female-investors_11.html