Newsletter February 22, 2016

Happy Monday!
I hope to see many of you this week at our upcoming series, “What Keeps Family Office Executives Up at Night?” The program was put together by one of our members who runs an Austin-based family office and has very useful content. You will not want to miss this! Please note that men and women are welcome to attend this event.
From the parenting file, there was a great op ed in the NY Times this weekend. Written by one of the first women to join the San Francisco Fire Department, she asks the question “Why do we teach girls that it’s cute to be scared?”  Childhood is a time to encourage children to try new things and face their fears. The author notes that when girls become women, fear manifests itself in deference and timid decision making – and who needs that? The question reminds me of the Eleanor Roosevelt quote ‘Do one thing every day that scares you.’ So if you were raised with fear conditioning, there is no time like the present to overcome it! Read on:
As my readers are aware, the high tech industry has been criticized for its lack of diversity. In addition to a focus on their hiring practices, many Silicon Valley firms have also made diversity a priority when hiring their investment banking firms. The full article can be found here:
A study in the journal Science Advances found that buyers on eBay bid more for goods sold by men than women, and this despite the fact that women sellers were higher rated than male sellers. The full article can be found here:
From the Wall Street Journal, new research shows that when workers wear nicer clothes, they achieve more. Read on:
And finally, recent research, published in the Journal of Business Ethics, US banks with female CEOs or Chairman had more conservative capital levels and were less likely to fail during the financial crisis than banks run by men. The full article can be found here:
I hope you will all join us on April 28th for TXWSW 7th annual State of the Markets event – we are thrilled and honored to have an all-star line-up of CIOs who will share their opinions on their market outlook. The panelists this year include Janet Handley, CIO of the Texas A&M Endowment, Katherine Nixon, CIO of Northern Trust, Carol McFate, CIO of Xerox Corporation and Paul Ballard, CIO of Texas Treasury Safekeeping & Trust Company. For our sponsor breakfast on April 29th, we will have secured the Editor of “The Daily Shot” as our keynote speaker.  Tickets are on sale and sponsorships are available. We thank you all for your continued support as we continue to grow and look forward to seeing you all soon!
Very kind regards

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