Babies Are Killer to Women’s Focus: Paul Tudor Jones Comments

Paul Tudor Jones apologized for comments he made at University of Virginia panel. Jones is a legend on Wall Street, a billionaire, and the philanthropist, but his comment about working moms and babies as ‘killer’ to women’s focus really rallied people.

Tudor Jones is a father of four and one of the richest man in the US according to Forbes. The remarks came after he was asked why no women were part of this panel of traders at the University of Virginia. Jones says the lack of great women traders is because motherhood is a focus killer. He explained upheavals like babies and divorce can translate to losing money.

“Every single investment idea is going to be overwhelmed….that modem connection between that mother and that baby.”

The media response was an immediate “oh no he didn’t”. Cosmopolitan.com headline read “blame hedge fund mogul says breastfeeding ruins perfectly decent business women”.

An accounting firm found that female hedge fund managers performed three times better than the men in the industry as a whole during 2012.

In a written statement Tudor Jones apologized. Same gender bias is quote “..antithetical to who I am. My remarks offended and I’m sorry.”