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HerMoney with Jean Chatzky

Episode 4: All-Star Investor Karen Finerman On The Costly Money Mistakes Many Women Are Making – And How Multitasking Is A Huge Waste Of Time

HerMoney with Jean Chatzky

Jean Chatzky Her Money

Investing, Business

4.71.5K Ratings

🗓️ 1 May 2016

⏱️ 38 minutes

🧾️ Download transcript

Summary

They call her “The Chairwoman” on CNBC’s Fast Money, but hedge fund manager Karen Finerman also manages life at home including two sets of twins. Learning to balance work and life, Karen has come to a number of surprising conclusions – including her belief that working from home is “the worst.” She tells us why. Driven to make a lot of money since she was a teen, Karen talks bluntly about why women must be financially independent, and how many women get in the way of their own success. She also fills us in on how being risk-averse is a double-edged sword. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

You're listening to an airwave media podcast.

0:04.0

Her money is supported by Fidelity Investments. Together we're here to empower, educate, and

0:16.6

encourage women to start talking about money. Discover more at fidelity.com slash It's Time.

0:24.7

Her money comes to you through PRX. Hi I'm Jean Chatsky and welcome to her money. Thanks so much for spending a little time with me this week focusing on your financial life because when you own your money, you own your life.

0:48.0

And today we've got somebody great to help us focus on doing just that. You all have probably seen Karen Finerman on

0:56.1

C. N. B. She's the chairwoman, as they call her, on fast money. She's also

1:01.8

been the chairwoman of Metropolitan Capital.

1:05.8

She's a graduate of the Wharton School at the University of Pennsylvania.

1:09.6

And today we're going to tee up a conversation that talks about investing in ourselves.

1:16.0

How aggressively can women actually go after making money, how we can find success, but on our own terms, whether or not risk aversion when it comes

1:27.8

to your investments is particularly a problem for women as it's reputed to be and why multitasking can be a huge

1:37.3

waste of time.

1:38.8

Karen, welcome to the show.

1:40.3

Happy to be with you.

1:41.4

I'm thrilled to have you in the studio. We can do the

1:45.1

Harah-Hara song later. You know one of the things I think I knew about you before

1:49.8

I read the book, but it comes through loud and clear in the book is you knew from a very

1:55.5

young age that you wanted to make money I think they're not a lot of women who

2:01.7

who say that at least out loud.

2:04.9

So where did that come from?

2:05.9

You know, it always surprises me.

2:07.4

There aren't a lot of women that say that.

...

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