One of the important qualities of a good salesman is the ability to spot sales opportunities. Here is a nice story… In a tourist spot was a big general shop which was not doing too well. People would come and browse through, but the footfalls were not translating to sales. The owner had tried a […]
I had got Amar Pandit’s book for Children. Here is my daughter’s understanding of the book. She is in 4th standard, Apeejay School, Nerul, Navi Mumbai..here it is in her own words. I had posted a part of the article earlier too..this is the full one.. Recently my father got a copy of a book […]
It was in 1999 that I was standing next to a nice, smart, well to do girl in a call center, when a client called her a bimbo. Sadly she was educated enough to understand what it meant. It took a lot of effort to counsel her from 10am to noon saying…the client did not […]
One very important thing to know while investing and hoping to create wealth is to know about smartness. Which means when you have a good fund manager who is willing to treat all his unit holders equally, you need not have a high IQ. Also when you are investing directly it is better to know […]
Many people who trade and lose a lot of money do not understand many risks..some of them are: 1. Running out of money! If you have no ability to take delivery – which means you have to cut position, your bank balance and your stomach balance both are important. If you lack either one of […]
Many Chartered Accountants and kids who have done MBA with specialisation in finance believe that they need only number crunching skills. Number crunching skills are necessary and impossible to live without, but they also need some other skills: 1. Improve your general knowledge: Life is far more than just finance. You need to understand some […]
Of course the BFSI space is booming and there are all types of stories about it. However the mutual fund industry, the life insurance industry and the brokerage industry are not as profitable as the pundits tell us. The profitability of the banking business is visible to all. Even the Psu banks make money – […]