With $43m in the game, she agreed to lend her powerful personal brand to Weight Watchers
Earlier this year, I wrote a column for the FT called “Where are all the female investors?” in response to an almanac of musings from “the world’s best investors”, only one of whom turned out to be a woman.
I named many candidates in the article that I thought worthy of inclusion, although few women have obtained “household name” investor status. The root cause: a chronic under-representation of women investing money — both within the industry, and at home.
So step up Oprah Winfrey. Her decision to buy shares in Weight Watchers has shown Wall Street’s most celebrated male investors how it’s done. Since her initial investment in October 2015 the shares have risen 1,400 per cent, shooting up from $7 to a record $101 per share.
www.ft.com
Read More
0 comments:
Join the Conversation