What women want (to invest in)

This podcast episode explores the gender gap in investment, specifically focusing on women's lower financial literacy and confidence in investing. Professor Mitra Chah highlights the importance of women's education and empowerment in economic development. The Nudge, a method used in a study, aimed to give women investors the confidence to invest by providing them with financial resources. Another experiment showed that both men and women became more confident in their investment abilities over time, with women showing a significant increase in confidence. Blair Duchenay, a financial advisor, agrees that women need more confidence in investing but also emphasizes the importance of learning the best way to invest through long-term strategies. Ultimately, the key takeaway is that women need to gain both knowledge and confidence to invest wisely.