Ok This is not about Friedman’s book…it is just that last week I got confirmation of this! In a complex world with a lot of barriers to information flow, it was possible to make money on information arbitrage. Not sure how many readers will believe that in the 1990s it was easy for foreign banks […]

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We all know who writes columns of lies, lies and honest lies, so here is a dig… Look at the Quantum Mutual fund advertisements which appeared in the national press. The advertisement says “we have eliminated distribution commission…” so your money works for you. There are 2 types of charges that a customer pays in […]

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Relationship managers never had it so bad! Whatever they do, the client is not happy…and keeps threatening to walk away! Relationship managers have a lot of work to do – and one important job is sales. When they sell…they sell. So they have targets, they must keep talking…and life is really tough.. One important thing […]

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If you are an MBA in finance you would surely have heard of Mergers and Acquisition…well you may have even done one paper on M and A. Well this post is not about M and A…it is about what happens to the employees of  both the companies. For example when TCS took over Tata Unisys […]

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Sunday philosophy ka quota! When people ask me for a feedback on the work that they have done I am usually in a quandary. First of all if i have no end usage of that product, or that person is not in a reporting relationship I NEED NOT GIVE a feedback at all. However, they […]

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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 […]

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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 […]

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