Good article to provide a source of fresh discussion
Men may be from Mars, and women from Venus, both they both want to make something on their investments. You’ll never see pink or blue dots on the “Efficient Frontier” of academic models, to be sure. However, both empirical data and psychological studies do point to subtle – but notable – differences in how men and women consider the classic risk-reward tradeoff inherent in the challenge of investing. Beth picks up the thread from here.
She was savvy, she was smart, and she was a moneymaker. And now she’s on the move. Mrs. Watanabe, the market’s metaphor for Japan’s housewife currency speculators, was a star of the yen’s glory days in the early 2000s. Dedicated salaryman “Mr. Watanabe” made the money, sure, but it was his wife who controlled financial decisions. And a decade ago, she was the “Whale” of the yen-denominated currency market.