Paul Tudor Jones’s statement on controversial comments at U.-Va.

Paul Tudor Jones sent a statement to The Washington Post in reference to comments that he made at a U-Va. McIntire School of Commerce investment symposium April 26. When asked at the event why there are not more women high up in the trading world, Jones said that most women lose focus when they have children. This is the full statement he released to The Post on Thursday:

“As I’ve told my three daughters, all of whom I’ve at one time encouraged to go into macro trading, any man or woman can do anything to which they set their heart and mind.

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“My off the cuff remarks at the University of Virginia were with regard to global macro traders, who are on-call 24/7 and of whom there are likely only a few thousand successful practitioners in the world today. Macro trading requires a high degree of skill, focus and repetition. Life events, such as birth, divorce, death of a loved one and other emotional highs and lows are obstacles to success in this specific field of finance.

“I believe that great success is possible in any field — from music to mathematics to macro trading — as long as a woman or man has the skill, passion, and repetitions to work through the inevitable life events that arise along the way.”

 
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