It was an awesome summer, but I’ll leave it to our 2014 interns to tell you more about it. Applications aren’t yet open for 2015, but be sure to look back in early December for more info! And don’t forget to check out our blog – culture.fool.com – to learn about what’s going on at The Motley Fool.
If you’re a college student looking for an investment lesson from a woman who is buddies with Warren Buffett, The Motley Fool has an opportunity for you.
You might not know it from watching CNBC, but women are better investors than men. It’s true — we’re wired for it. LouAnn Lofton knows that, and so does Warren Buffett — LouAnn is the author of Warren Buffett Invests Like a Girl, and Buffett is the master investor who inspired her on that very book.
What’s the secret? As Forbes puts it, “like Buffett, women are more likely to have a calm temperament, a longer-term outlook, do more research, trade less and remain steady under pressure.” (Forbes also notes, “What does Buffett think about the claim? ‘I plead guilty,‘ he said.”)
The Motley Fool wants to find the next Buffett … and we’ve learned that too few women get started in a career in investing.
That’s why we’re paying all expenses for five young women who think they’re Foolish enough to invest “like a girl” and against the crowd. Our “Women Investing Foolishly” program January 6-8 at Motley Fool headquarters in Alexandria, Va., will feature classes taught by members of our top-rated investment analysis team; a lunch hosted by LouAnn Lofton; and (we repeat) all travel expenses paid.
Apply here to tell us why you want to be there!
“Foolish Woman (Invest Like a Girl)”
To the tune of “Redneck Woman” by Gretchen
Well, I ain’t never
Been the Wall Street-er type
No, I can’t pay full-service fees.
I’d rather invest myself
In a small cap
Or in an ETF
Or in a Roth 401(k).
I’ve got posters on my wall
Of Bogle, Graham, and Price.
Some people may question me
But take it to the bank…
I’ll beat the market with The Motley Fool in its Investing Workshop.
‘Cause I’m a Foolish woman.
I don’t trade reck-less-ly.
If I just invest like a girl, I’ll…
Say “Buy now” and “Spiffy pop!”
And I’ll keep my funds invested
Through vol’tility all year lo
‘Cause I’ll know all the ways for multiplying my money.
So here’s to all my sisters out there staying rational,
Let me get a big “Fool yeah” from the Foolish girls like me. Fool yeah!
Fancy, private hedge funds…
Well, their stuff seems nice
But I can get better returns
And help my family (yes, my family)In a discount broker account
When they ask at Thanksgiving.
No, I don’t need no Buffett brain to reach finance safety.
It might seem esoteric,
A little too hardcore,
But in my neck of the woods
I’m better than ol’ “Warr!”
Are you a college or grad student looking for an amazing summer internship? We’re currently looking for talented, curious, motivated students who want to spend this summer at The Fool! This is an 8-week paid internship where you’ll get to work on great projects with great people…and you’ll never have to wear a tie (unless you lose a bet or something). You’ll work in our Alexandria, VA, office, located just outside of Washington, DC.
If you’re interested in investing, writing, international studies, web analytics, software development, or retention marketing, we want to learn more about you! Find out more about our specific internship openings and submit your application by January 31, 2014.
Want to learn more? Some of last year’s interns were happy to share their Foolish experience!
I recently interviewed a prospective Fool and, as expected, we dug into his past experiences. Like a lot of young, successful people, he had completed several internships. One in particular jumped out to me. The candidate had a passion for sports and had interned with a Major League Baseball team. The internship was unpaid, so the candidate held a second job as a coconut milk sample provider at Whole Foods. This role required my candidate to stand behind a table and hand out free milk. In exchange for this task he received a nice salary that enabled him to support himself while working for the baseball team. The unpaid internship was closely tied to his passions of marketing and sports, while the milk salesman job was far from his passion, but paid well. Ultimately he was able to balance the two jobs but he was left with little time for anything else.
The attitude of the baseball team was the same as a lot of big brands like major newspapers, television stations, or movie producers – you are so lucky to work with such a cool company, that is pay in and of itself Essentially they are letting you use their brand on your resume while taking advantage of you.
Don’t get me wrong, there is value there for the intern. But I don’t believe asking a young person to work for free, potentially increasing debt or sacrificing free time for a second job, is good, spiritual business. Why not double down with a great experience, a great brand, and fair pay for fair work? At The Fool, we pay all of our interns. We believe that is simply the right thing to do. We have plenty of students who would work here for free because, let’s face it, we are pretty cool nerds. But we want them to have a life outside of our office as well, and to end the summer with some savings.
Are you a college or grad student looking for an amazing paid summer internship experience at The Fool? The deadline to apply is January 4.
But as a female in the working world, I can’t help but ask the question – does it have to be that way? Can’t it be a world shared by men and women alike? Can we women not do the same tasks and come up with ideas just as well as men? Don’t worry. I can answer it for you – why yes, yes, we can.
In the male-dominated fields of investing and tech specifically, where are all the women?
Yes, I know they are out there, but the numbers are small. Those powerhouse women in those two industries get picked up by large companies that can pay them the big bucks, and they should. More power to them. Call me crazy, but don’t there HAVE to be women out there that want to work for a company with an amazing purpose, who want a work/life balance, and who want to come to a company that values their employees and supports them rather than breaking them down?
I’m putting a casting call – if you will – out there for women who love investing, who love technology, who thrive in the financial world, and who want more from their company than the 9-5 rat race. Who wants to spend 75-100 hours a week working in an environment that runs you down; not to mention the ever-dwindling social life and decreasing amounts of free time that come with that way of life? I’m hoping there are women out there who say, “You know what – there has GOT to be a better way!”
More and more, women are running household budgets, looking in on their stock portfolios, overseeing state and national budgets, and running tech companies. And why shouldn’t there be? Do men have the monopoly on number-crunching and stock-evaluating genes and new tech ideas?
So here is my request to women out there who love the stock market, who love technology, and want to make a difference in the investing world, apply at The Motley Fool (send your information to [email protected] if there is no open position that piques your interest right now). Come and see what all the fuss is about, and maybe our next great investor – as LouAnn Lofton, writer of Warren Buffett Invests Like a Girl, says – could, in fact, be a woman. Statistics show that women are better at investing than the other sex. Or we could see the next technological advancement come from – gasp! – a woman!
The school year just started, but if you’re in college, you know the rush to find a summer internship has already begun. And The Fool has already begun looking for YOU – bright, motivated students, in college or grad school, who want to spend two months working for an awesome company.
We’ve got openings for interns who are interested in investing, writing, editing, and software development. Why spend your summer with us? For one thing, we’ll pay you! You’ll also get to learn from some amazing Fools, work on great projects, and take intern-specific classes in a number of topics (like personal finance, investing, crafting your resume, and more!). You’re eligible to enjoy some of our sweet benefits, like free fitness classes and, because you earned it with all the fitness classes, free cake once a month. Our metro-accessible office is located right outside of Washington, DC, arguably one of the most fun cities to live in as an intern. Did I mention that we’ll pay you?
Don’t take my word for it – some of our 2012 interns wanted to share their experience:
“I couldn’t have asked for a better summer internship than working at The Motley Fool. Beyond the amazing work environment, The Fool made sure to involve interns in important work, to the point where I felt crucial to the business by the end of the summer. You will meet fantastic people, learn about the world of finance from a Foolish perspective, and never want your summer to end.”
– Charlie, Fool.com intern
“The Motley Fool maintains a unique balance between a fun, happy work environment and extremely high performance. Not only did I have a great time last summer interning with TMF, but I learned two new programming languages, networked with professionals inside The Fool and outside, began investing personally, and I felt I had a lasting impact on my team and our product.”
– Desmond, Software Development intern
“My summer at The Fool was awesome. I learned more about investing during my two-month internship than in two years of studying on my own. The atmosphere is truly welcoming. Whether I was attending classes with the Analyst Development Program, doing research for a service, or just debating a particular company’s future with The Fool’s analysts, I always felt like part of the conversation. If you enjoy studying companies and talking stocks with other true investing nerds, you’ll love interning with The Fool.”
– Frank, Investing intern
“I never thought that working at an investment advisory can be so much fun! I’ll always remember The Fool for its great work atmosphere, wonderful people, lots of freedom, and lots of free food! One particular aspect that I loved about the place is Fool U classes. You can learn anything from How to Invest to How to Throw a Frisbee here! I think the people that work here are wonderful, creative, and really talented at what they do. Personally, working with the people in the Software Dev team was fun and enriching. I had a great summer!”
– Nilesh, Software Development intern
The deadline for applying is Friday, January 4, 2013. Click here to access our online application.