Unless it hurts the leaders…they do not feel the pain. If they do not feel the pain they cannot deliver good solutions. In the financial services industry…the leaders are not feeling the pain of mis-selling, of other mistakes…and it is difficult to give good leadership to people… Read on about leadership and pain read on […]
Who is smarter – the Gujju taxi driver of New York or the Heads of American and European banks? You guessed it…here is a joke.. A naked woman got into a cab late night….the driver kept staring at her without starting the cab. The woman got irked and asked ‘Have you not seen a naked […]
Are you in Denial mode regarding your retirement financial needs? I cannot comment for every one, but too many people I meet are in denial about their financial needs for retirement. Most of us do not want to accept that we will buy 3-4 washing machines, air conditioners, refrigerators, maybe about 2-5 cars, at least […]
If it was as rosy as the media projects…why is it that the whole Indian population does not become an agent? Well there are reasons: 1. Agents get treated badly: Agents for any product are seen as an unnecessary evil – and every body makes an attempt to get rid of them! Even if he […]
Are we in a bear market or in a bull market? Frankly nobody has been able to answer this question when the market is on! 3 months or 6 months later everybody will tell you that “May 2008 to Oct. 2008” we were in a bear market, however now we are in a bull market. […]
Money in the hand today is worth more than money that will come in tomorrow. Obviously money has a time value. However questions are never asked like this… For example a friend has a small cozy flat in one of the suburbs of Mumbai. He paid Rs. 77,000 for it in the year 1976 – […]
Being a trainer has its advantages – and it has its disadvantages too! The advantage is I have a ring view of the industry – and have shared it with many of my students. The disadvantage is one tends to get critical or some times hypercritical of events in the financial services industry. If you […]