Certainly not because they do it well. There were only three female contestants in our little game, and although one of them did poorly, individual investor Lori West did very well. Women go to medical school. Women practice law. Women outlive men.
Women control family assets.
But less than 10 percent of the approximately 400 stockbrokers in Memphis are women. Like black holes, smoking, and the continuing popularity of major-league baseball, this is a mystery beyond understanding. Dividends are for retirees. Or those who need income, but generally not for people with a long investment horizon. We calculated dividends in this contest for two years and it didn't make a nickel's worth of difference.