This is not the first time that Investment Advisor has addressed gender-based differences when it comes to money. Below are a few excerpts from Olivia Mellan’s article, “Gender Matters,” which originally appeared in the September 2005 issue:
“…One of the leading explorers of this landscape is psychologist and family physician Leonard Sax. Most recently the author of Why Gender Matters (Doubleday, 2005), Sax has opened my eyes to some of the many ways male and female brains develop differently from birth. He says, ‘Every step in each pathway, from the retina to the cerebral cortex, is different in females and males…. Girls and boys play differently. They learn differently. They fight differently. They see the world differently.’
…Research as early as the late 1800s began to identify the areas of the brain that control certain kinds of functioning. In 1964, studies showed that there are very real gender differences in brain geography. For example, language resides in the left hemisphere of men’s brains, while the right side controls spatial concepts. By contrast, the language function is diffused throughout women’s brains, instead of being localized.