Thursday, June 28, 2007

Have you ever wondered...

... how would someone else do if he/she would be in your shoes? Would he/she(we'll use he from now on, just for convenience; he/she is too much work!) be any better than you. And who would he be? Anyone you know, or some stranger?!?

Truth is (at least for me) no one can fill the other's shoes. I can't imagine myself in someone else's shoes for sure. I rant, I curse, but still I am me. I won't change anything in me, but changing circumstances, I'd love to!

I digress. Just back from another one of those humiliating team meetings. How I wish I could be insulated from all the crap I get. I've managed teams myself and I've given shit to my team sometimes but I've always been most approachable and pally with my team. I used to play hard with them and I also partied hard with them. I was genuinely interested in their progress and they would certainly know me as an amiable boss(hate that word!)

Which brings me to my present state. What to do now? Things just aren't going the way they are supposed to be(leave alone "the way I want"). I said it before, I say it again, I don't deserve this.

Monday, June 25, 2007

my BAD?!?!?

So a client makes a notional loss of 0.26% on one of the investments I advised to him. He fails to see the 15% absolute gain on the other investment he's made from my advise. What does he do? He pooh poohs me and goes about redeeming the loss making investment & buys a ULIP!!!!

My bad... Right!

It's more frustrating to note that this ULIP sale comes from a colleague who has absolutely made sure his / her bancassurance targets are overhauled! And the client says I have failed to advise him properly. For the seasoned advisors who are reading this blog, here is the actual lowdown:

My suggestion to the client was Rs 3 Lacs each in Sundaram BNP Paribas Select Midcap Fund (investment horizon of 2 to 3 years) & ICICI Prudential Infrastructure Fund (at least one year; being a thematic fund). Needless to say, the cash component in the Sundaram Fund, albeit a cautious strategy meant a drain on the returns. The Infrastructure fund however, true to market movements, cashed in big time. Both investments were made in Mid January 2007 and the client actually thought I was not advising him properly because I wasn't churning the portfolio!!! Beat that.

Sometimes I wonder if my self righteousness is actually impeding my so called performance. But then, if I would start doing what every other unscrupulous advisor is doing today, I would soon quit this profession. I do what I do because I love advising clients on their money. Not because I want to win every other incentive contest at the risk of murdering my clients' portfolio. Its another matter if I qualify for a contest or two after I've done my duty for my client.

I really am worried how my work shapes up in the future. What I'm sure of is that I will always do whats right for my client in whatever profession I choose at whichever step in my professional life.

As for my client, I sincerely wish someone like me runs into him and tells him what a foolhardy decision he has made, not because then he will understand what I did for him was right, but so that he doesn't make such mistakes again.

Sunday, June 17, 2007

Films I've watched recently

Just some of the films I've watched recently:

One flew over the cuckoo's nest
Beautiful, especially Jack Nicholson & the superb & haunting soundtrack. Must watch!

Taxi Driver
This one had a different kinda effect on me. I didn't really like it, but it did leave an indelible impression. De Niro is very good and again, the soundtrack, specially the background score made it a good package. Can't get over the fact how pretty Cybill Shepherd looks in this one, considering all my memories of her were from Moonlighting!

V for Vendetta
Natalie Portman is not only a stunner, she can act as well! I liked the script, reminded me of Orwell's 1984. Not bad at all! Hugo Weaving does a phenomenal job as well.

Love Story
Having read the book by Erich Segal, I wanted to see the movie adaptation. It didnt live upto expectations at all. Its a bad attempt, the only saving grace being the Love Story theme music every now & then. Everybody who's read the book would hopefully concur its a downer, the movie adaptation that is. Am waiting to lay my hands on the movie adaptation of The Fountainhead now. Just out of curiosity, to see how Howard Roark's buildings would look like on screen!!!


Wednesday, June 13, 2007

Death of a Salesman

They say I am not cut out for sales. That I do not have that fire (whatever that means). They say I work for my clients, I make investment decision solely keeping their needs in mind, which does not necessarily take the organisational needs in mind.

I say, so be it. I do not take that as criticism. Thats more like a compliment; at least I dont sleep every night with curses from clients ravaging my peace; with the thoughts of how clients' hard earned money is being put to waste.

I aint no salesman if this is what salesmen are supposed to do. And I'm sure I wont last long like this. Which brings me to the question again - What am I supposed to do?!?!?!?

Thursday, June 07, 2007

Ideal Job

You might say this sounds like utopia. But what if your job was something like the first two to three months of joining a company and the last one or two months (like serving notice)?!?!!?

Thats what I call an ideal workplace life! The honeymoon never ceases...