Billionaire Backlash as Hedge Fund Investor Slams Working Moms

Paul Tudor Jones claims events like divorce and motherhood are "focus killers" to women.
1:33 | 05/25/13

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Transcript for Billionaire Backlash as Hedge Fund Investor Slams Working Moms
moms and money. A well known hedge fund billionaire and now the back lash after saying working moms can't cut it in his world of high finance. Here's linzie janis. Repter: One of the richest and savviest investors in the world but paul tudor jones' remarks about working mothers may have many wondering what was he thinking. As soon as that baby's lips touch that girl's bosom, forget it. Reporter: The billionaire and father of three daughters was explaining why he believes there will never be as many great women traders like himself because divorce and motherhood are focus killers. There's nothing like the mother and child connection. Can you imagine trying to divert yourself particularly from your FIRST CHILD IN YOUR 20s. Reporter: His comments ignited a firestorm on line. Yesterday he apologized, saying he was only talking about an elite group of traders. Jamie zimmerman and the mother of two says her male employees are equally devoted parents. They're just as connected to them when somebody winds up having an accident the man runs home the same way the woman runs home. It doesn't affect their work. Reporter: Here's a stat for paul tudor jones. One account found that women hedge fund managers performed three times better in the industry as a whole last year. David.

This transcript has been automatically generated and may not be 100% accurate.

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