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Entries in J.C. Davies (1)

Tuesday
Mar152011

Ex-Wall Street Woman: From Managing Money to Managing Men in New Book

Jupiterimages/Thinkstock(NEW YORK) -- J.C. Davies, a former portfolio manager whose resume includes a stint at Goldman Sachs and six years at Rochdale Investment, seems an unlikely candidate to write a frank and controversial book about race and relationships.

Davies spent a year and a half researching her book I Got The Fever: Love, What's Race Gotta Do With It? following a layoff from the boutique firm.

Davies calls her book the definitive guide to "interracial dating." There's no degree or certificate program in dating, but Davies' rainbow resume is impressive: Latin men for eight years, black men for 10 years and on to Asians, Jews and Middle Eastern men. The book includes personal stories from friends in the tri-state area tackling complex dating issues.

So how did the woman that for some odd reason calls President Barack Obama "brother" end up writing this book? A U.C. Berkeley undergrad armed with a master's degree from Harvard, Davies was one of the thousands of New York City residents left unemployed during the nation's Great Recession. The woman who once managed $60 million to $70 million in assets was struggling to maintain a household with an interest-only mortgage headed towards renewal.

Davies was eventually able to unload her real estate for a slight profit.

"I sold my apartment to get out from under my large mortgage and to have the money to live off of while I wrote the book," says Davies.

"When I decided to write a book, I did research and learned the reason most books fail: they [authors] write it for themselves," says Davies. "You have to write a book for someone else," says Davies, pointing out the book on race and dating is not a memoir. There are "bits of me," she says but the story is told with many voices.

Davies is not a proponent of a colorblind society, recognizing that there are cultural differences. "Not better or not worst. We're just different," says Davies. The author says the book has a little something for everyone.

While gathering material for the book, Davies found her new job as authoress was not that different from her former job managing money. But, where things differ was the ease of disclosure. Conversations on dating became more difficult than getting nuggets of information from company heads. Another thing that differs, the 42-year-old says, readers will find more diversity on her interracial dating book than in the boardrooms of Wall Street.

"Sex and the City was criticized because everyone is white but if you work on Wall Street they all are," she says.

The former Wall Streeter who has been mocked on financial websites like DealBreaker and Business Insider says returning would be difficult.

"Wall Street is very image driven. Things written on [the websites] have been bad," says Davies.

Now, Davies says she's finding all kinds of opportunities. Earlier this week, a studio contacted her about the prospect of licensing the book.

Life as an entrepreneur has offered more unique chances. "When working on Wall Street you're usually not allowed to work outside of the firm, says Davies. Now, the writer who is dating an Iranian man of Jewish descent, gets a little paycheck from Youtube clicks.

Copyright 2011 ABC News Radio 







ABC News Radio