Outstanding Female Investors
Finance is a male-dominated profession though, especially at the top. But women now have more opportunities in the financial industry, thanks in large part to pioneering women in this field. They are usually willing to stand out, take risks, and refuse to accept negative answers. Here are 3 female investors I really like
Muriel Siebert, founder of a stock brokerage firm
Before graduating from college, Muriel Siebert obtained an entry-level research position in finance, eventually became a partner, and founded the stock brokerage firm Muriel Siebert & Co. in 1967.
In the process of registering Siebert's company on the New York Stock Exchange, it was rejected by many men (they refused to guarantee her application), making it difficult to obtain financing to meet the exchange's expensive entry requirements. She persevered, and eventually her company became the first woman-owned company on the NYSE.
Before graduating from college, Muriel Siebert obtained an entry-level research position in finance, eventually became a partner, and founded the stock brokerage firm Muriel Siebert & Co. in 1967.
In the process of registering Siebert's company on the New York Stock Exchange, it was rejected by many men (they refused to guarantee her application), making it difficult to obtain financing to meet the exchange's expensive entry requirements. She persevered, and eventually her company became the first woman-owned company on the NYSE.
Geraldine Weiss, Investment Advisor
Known as the “Queen of Dividends,” she was one of the first women to become famous in the financial world and proved that “women can be successful investors.” She learned to invest by studying books, her parents' stories, and studying business and finance in college.
Despite Weiss's research, no investment firm is interested in hiring her for a position other than secretary. Faced with rejection, she began writing her own investment newsletter in 1966, when she was 40 years old. To avoid further sexism, Weiss's newsletter signed “G. Weiss.” It wasn't until 1977, when she appeared as a guest on the popular PBS show “Joining Wall Street Week with Louis Rukeyser” and had continued success, that she revealed her identity.
Weiss's value-based, dividend-oriented stock selection strategy is superior to those recommended by other newsletters, and has achieved better-than-average returns even in a weak market. She published investment newsletters for 37 years until her retirement in 2002. The newsletter still exists and still follows Weiss's strategy
Known as the “Queen of Dividends,” she was one of the first women to become famous in the financial world and proved that “women can be successful investors.” She learned to invest by studying books, her parents' stories, and studying business and finance in college.
Despite Weiss's research, no investment firm is interested in hiring her for a position other than secretary. Faced with rejection, she began writing her own investment newsletter in 1966, when she was 40 years old. To avoid further sexism, Weiss's newsletter signed “G. Weiss.” It wasn't until 1977, when she appeared as a guest on the popular PBS show “Joining Wall Street Week with Louis Rukeyser” and had continued success, that she revealed her identity.
Weiss's value-based, dividend-oriented stock selection strategy is superior to those recommended by other newsletters, and has achieved better-than-average returns even in a weak market. She published investment newsletters for 37 years until her retirement in 2002. The newsletter still exists and still follows Weiss's strategy
Mellody Hobson, CEO of an investment company
Mellody Hobson is the co-CEO and president of Ariel Investments in Chicago, and was named one of the 100 most influential people in the world by “Time” magazine in 2015. Hobson is also the chairman of Starbucks and a director of J.P. Morgan Chase. He is also a long-time board member of Estée Lauder, and has also served as the chairman of DreamWorks.
Mellody Hobson is the co-CEO and president of Ariel Investments in Chicago, and was named one of the 100 most influential people in the world by “Time” magazine in 2015. Hobson is also the chairman of Starbucks and a director of J.P. Morgan Chase. He is also a long-time board member of Estée Lauder, and has also served as the chairman of DreamWorks.
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