My friend Anishka is by far the smartest sales person I know. She manages clothing boutique for a big designer label here in New Delhi. Last week she told me a thing or two about how to sell. Here is an interesting way of doing it: Assessing the psyche of a customer is most important.…
psychology
Does Luck Play A Role In Stock Investing?
Courtesy of one of my well connected friends from Delhi, yesterday I got an opportunity to meet one of the most renowned astrologers in India. Legend has it that a former prime minister was a regular at his office. Before I write about my meeting, let me admit that I am somewhat of a reluctant…
How to Judge Investor Sentiment in Stock Market
What markets do day to day is overwhelmingly driven by random chance. Ascribing explanations to short term moves is like trying to explain lottery numbers. It’s no secret that in the short term – investor sentiment is arguably the only driver of stock prices. Their sentiment may turn positive or negative based on news flow,…
Fearless Trading and The Art of Making Tough Investing Decisions
I think television anchors and ‘stock market experts’ on T.V. have a really difficult job. Advising others about making tough investing decisions while being live on T.V. is surely no mean task. Imagine having to answer a guy who asks you this (with no time to rehearse): Trader: “I have 100 shares of Jindal Steel…