The credit and banking crisis of 2007-9 has cast in doubt the three pillars of modern common investment schemes. Mutual funds (known in the UK as “unit trusts”), hedge funds, and closed-end funds all rely on three assumptions:
Assumption number one
That risk inherent in assets such as stocks can be “diversified away”. If one [...]
Pssst…Wanna know a secret?
How about the secrets of grinding out a profit?
The term “grinding” means making a small amount of money on a consistent basis. Many dealers look at grinders with derision because they make bets and then take them down after each one hits, which means constant work for the poor dealers. These dealers [...]
There are plenty of people telling you which way is best and which way you absolutely should not do in Affiliate Marketing. Funny thing is, the things you should do don’t work sometimes and the things you shouldn’t do, work sometimes.
The golf swing plane is the direction that your golf club travels during your swing. This is a very important key to playing golf correctly and well. Imagine a sheet of glass that extends from the ball to over your shoulders. A correct swing plane will run a path parallel to the [...]
What is the Big Race all about when it comes to creating relationships?
The big race is simply the ability to win the deal on a consistent basis. You will need to perfect your message, be able to state it clearly and precisely, and follow up relentlessly. Without all these factors, you are losing ground to [...]
I submit that the successful day trader would profit well to adopt a casino mentality. At first glance, this sounds reckless and nothing more than a gambling attitude – but it’s not. Why? Because everyone knows that it’s the casinos that profit and take in all the money on a consistent basis. And, of course, [...]
My experience working with thousands of leaders world wide for the past two decades teaches me that most leaders are screwing up their careers.
On a daily basis, these leaders are getting the wrong results or the right results in the wrong ways.
Interestingly, they themselves are choosing to fail. They’re actively sabotaging their own careers.
Leaders commit [...]
Selling Against Goliath?
How to Take on the Big Guys and Win
By Dave Stein, Author of How Winners Sell
If you sell for a smaller company that competes against the big guys, the age-old story of David and Goliath might come to mind. In this story, the giant, Goliath, was beaten in a fight by the [...]
What type of person grabs your attention and motivates you? Usually it’s a person who is very passionate about what he or she is doing. She’s on fire and her excitement floods the room she is in. When she talks something inside you gets stirred – the desire also to be passionate about something. Anything! [...]
One of the issues most often raised by my clients is better time management. People have tried prioritizing tasks, blocking out parts of their day for certain tasks, implementing new systems and getting better at delegation. While all of those things can make a difference, there is something else that will have an [...]