4 ms·
waitttt so you're shorting companies based purely on 'diversity'? and you claim it's worked..?
by q_eng_anon 7y ago
waitttt so you're shorting companies based purely on 'diversity'? and you claim it's worked..?
- jsty 7y agoWhilst I harbour significant doubt that simply shorting companies with newly appointed female CEOs would be an effective way of exploiting it, the glass cliff effect [0] is a known phenomena whereby female leaders are more likely to be appointed in times of crisis. [0] https://en.wikipedia.org/wiki/Glass_cliff https://en.wikipedia.org/wiki/Glass_cliff
- MrBeansForReal 7y agoyeah, because they stand away from risk. Looks like a good idea in 2008-2010 (that's why Ginnie). Not as much when you have had bull market for over a decade.
- pnako 7y agoYou can see that over 5 years (not more data available) that gender diversity fund has significantly under-performed its reference index. But that's not enough time to make a definitive judgment.