How to win in the work environment and influence people

1.      Don’t criticize, condemn or complain

 

Instead of blaming another employee in your company for something, if they did something wrong, find out why they did it or what they do. It is more beneficial than blaming someone. It is also important to spread patience, kindness, and compassion. 

Before coming up with something impulse at work, take some time and think about it again. Because a person often makes decisions by allowing emotions to lead. They are often not the right decisions.

 

2.      Give honest and sincere appreciation

No human being is perfect. Instead of focusing on the weak aspects of a person, focus on his good side.  Give your conscientious satisfaction about it.  Offer your praise.  Then the other party will become very attached to your words.  Do this again and again.  This will go a long way in winning the heart of a person and winning the heart of a person.

 

3.      Become genuinely interested in other people

If you want someone to inspire you, or if you want to start a real friendship, then develop a sincere crush on that person.  Appreciate their activities and their speaking style.  If you want to make a friend, do something for them.  By spending your time and effort on them, you will be able to reap more benefits in the future.  Take a dog for example, a dog gets everything it needs for a lifetime by giving love to its master.  The thing you should remember while socializing is that no person is interested in you and no person is interested in me.  They are only interested in themselves. 

            4. Smile

This costs you nothing. But there is much more to come from this. Even if you can smile very quickly, if some cases this can be a gift that a party will remember for a lifetime. This creates happiness in the home. Smiles cannot be bought either. It is also impossible to plead. It is also impossible to steal. It is also not possible to borrow. Therefore, this is the most valuable gift you can give.

            5. Remember that a person’s name is the most important sound in any language 

Take Andrew Carnegie for example. His alternate is steel king. He knew very little about steel, and hundreds of employees who knew steel well worked under him. But what he did know was how to manage people. This is also the secret of his enormous wealth. His specialty was that he addressed most of his employees by their first names.  This is a special feature that we can take from Andrew Carnegie's leadership. According to history, there has never been a strike of workers in his steel mills.  

 

Hedge Fund & Mutual Fund

 Hedge fund & Mutual fund

        The hedge fund is pooled investment fund that invests in assets using complex strategies and management techniques. Hedge funds usually use derivatives, leverage, and short selling strategy to maximize their return. Only selected individuals such as accredited investors are eligible to invest in the hedge fund. Performance in hedge funds is measured by the absolute return method. They can open short positions in a bear market and open long positions in a bull market. That means hedge fund managers should make a steady positive return under any market condition. There are many types of service providers to hedge funds. Lawyers, marketers, and prime brokers & If I send money, there are enough places to buy and play a vital role in the hedge fund. But no service provider is more important than an audit firm or accountant.

A mutual fund is a professionally managed investment fund that is funded by shareholders. Mutual funds are investing in shares, bonds & other money market instruments. Unlike hedge funds, mutual funds give access to small investors to become shareholders of their fund. And usually, the performance of the fund is measured by comparing the results to the index. People tend to invest in mutual funds cause they offer professional money management, diversification, liquidity, and a relatively low dollar amount for initial investment. As benefits of the mutual fund, we can get increase the NAV, dividend distribution & capital gain distribution.

 

Usually, there are 4 different categories of mutual funds. And their features are,

 

1. Money market fund – These funds bear relatively low risk. They can invest in certain high-quality short-term investments.

 

2. Bond fund – Risk and rewards can be varying in bonds. Usually, bear higher risk than money market funds.

 

3. Stock fund – There are several types of stock funds.

Ø  Growth funds – Focus on potential above-average gain companies.

Ø  Income funds – Invest in dividend-paying companies

Ø  Index funds – Target particular market index such as S&P 500

4.        4. Target date fund – These are for individuals that have a particular retirement date in mind. Target date fund invests in stock, bonds, and other investments. They change their investment strategies according to the condition of the market.

Here is a summary of mutual funds and hedge fund.

 

Hedge fund	Mutual fund
Performance measured by absolute return	Performance measured by relative return
As a hedge fund manager you can use leverage, options & derivatives to enhance your portfolio	·   Ultimate goal is to enhance the value by using the fund's money
Ability to open Long & short positions according to market movement	Mutual fund managers can make money on bull markets
Fees – 1-2% management fee and usually charge around 20% from the capital gain as incentives	Fees typically range from 5 -2% for actively managed funds and 2% for passively managed fund
Get more attention in bear markets because they tend to perform.	Do not attract special attention unless the fund performs well
Investors need to prove their capacity to invest in the hedge fund.	Individuals use these funds for diversification & value enhancement

 

 

Difference between Investment and speculation

         

        When we invest in something, we should distinguish between investment & speculation. Many people in today's world confuse this and are tempted to lose money. When investing, the most important thing is to recognize what the investment is, as defined by the teacher of Warren Buffet, the world's smartest investor. An investment is a collection of several actions performed with great analysis, protecting the invested capital and expecting an adequate return. An action that is done without following these actions is speculation.

From this, you understand that every person who buys and sells stocks is not an investor. As mentioned in the above quote, when making an intelligent investment, you should find answers to the questions of which company you are buying, for what reason, and at what price you are buying and making the investment. When you find the answers to these problems and invest, you don't have to be afraid of fluctuation in the stock price. Because you know very well that the price and value of a share are two things and you can make your investment with peace of mind and happiness without reacting to temporary price changes.

When investing, you pay more attention to the fundamental analysis of the business and when doing trading, you use technical analysis rather than fundamental analysis. Fundamental analysis considers financial statement analysis, the economic impact of a business, business structure, future earning status of the business, competitors of the business, and whether the price of the business is undervalued or overvalued. In fundamental analysis, investments are made over a long period, where investors are watching a business for a long time to buy. This is because no matter how promising the business is, it makes no sense to buy it at a worthless price. When the market gives you the opportunity, intelligent investors go to those pre-selected investments and make their investments by minimizing the risk they get under the margin of safety at a very profitable price. Due to these reasons, in the long run, these investors can enjoy very high returns compared to day traders. In fundamental analysis, many more points are studied in depth and these mentioned points will be enough for you to get a basic understanding.

When I make a personal investment, I only invest in businesses that I can understand. No investor can have a complete understanding of all the companies and can successfully carry out his investments by focusing only on the small number of businesses that he can understand. This method is called investing by sitting on a circle of competence which is another concept in investment. This has been approved by famous investors such as Warren Buffet, Charlie Munger, and Peter Lynch.

 

Lessons from Great Investors

 

Lessons from Great Investors

 

Peter lynch is one of the greatest investors in the world achieving an annual return of 29.2% between 1977 to 1990. That means your investment would have increased 730X.

We mapped all his favorite investment tips for you.

 

Rule Number  1: Know what you own

 You have to know what you own, and why you own it.

 When you know what you own, you’ll be able to take better investment decisions.

 

Rule Number  2: Never invest in companies without understanding their finances

 The biggest losses in stocks come from companies with poor balance sheets.

 Only invest in good companies and your return will increase dramatically.

 

 

Rule Number  3: Everyone has the brainpower to make money in stocks

 Everyone has the brainpower, but not everyone has the stomach.

 If you sell stocks in a panic, the stock market is not for you. Bear markets and crashes are GREAT investment opportunities.

 

 

Rule Number  4: Make use of your edge

 Your investor’s edge is not something you get from Wall Street experts. It’s something you already have.

Stock information can be found everywhere. At your work, when you go shopping, Make use of it

 

 

Rule Number  5: Amateur investors have BIG advantages compared to professionals

 The stock market is dominated by a herd of professional investors.

 When you ignore them and think rationally, you have a BIG advantage compared to professionals.

 

  

Rule Number  6: Focus on the long term

 There is no correlation between the success of a company’s operations and the success of a stock over a few years

 However, in the long term stock prices will ALWAYS follow the underlying fundamentals of the company.

 If the company does well, you will also do well as an investor.

 

Rule Number 7:  Long shots always miss the mark

 Don’t invest in hypes or the next big thing.

 Instead, invest in quality companies with a healthy balance sheet, high profitability, and good capital allocation.

 

 

Rule Number 8:  Don’t over diversify

 Owning stocks is like having children, don’t get involved with more than you can handle.

 You should be able to analyze and follow up on every stock you have in your portfolio.

 When you know what you are doing and made your homework, you’ll be able to take good investment decisions when they matter most.

 

 

Rule Number 9:  Have some cash on the sideline

 If you can’t find attractive companies, put your money in the bank until you discover some.

 It is always a good idea to have some cash on the sideline. This allows you to invest (heavily) when Mister Market has become (too) pessimistic.

 

 

Rule Number 10:  ROIC is key

 You want to invest in companies with good capital allocation.

 Return On Invested Capital (ROIC) is one of the most important metrics for quality investors. The higher, the better.

 

 

Rule Number 11:  Avoid hot stocks

 Great companies in cold, non-growth industries are consistently big winners.

 For quality investors, the margin of safety lies in the competitive advantage of the company. Invest in great companies with a strong track record.

 

  

 

 

Introducing 12 Lessons for Successful Life

 12 Lessons for Successful Life

• Lesson 1 - Just Start

 

The most prolific business builders don’t procrastinate or wait until everything is perfect.

 It never will be,

They simply start and learn as they go

 

Have an idea? Put it out into the market and test it out.

 

• Lesson 2 - Consistency Wins

 

The best builders tend to show up every single day. Are there cases where this isn't true? Certainly

 It is true in 90% of the best business builders I talk to. Yes

 

Sometimes being the last person standing wins.

 

• Lesson 3 - Persistent Pays

 

If you believe in your idea, stick with it.

You will hear some "No" s that are to be expected.

Don’t be defeated. But also don't do the same thing if all you are hearing is No.

 

Learn from the No's and adjust your strategy accordingly.

 

 

• Lesson 4 - Audit your environment

 

You can't win surrounded by pessimistic & haters.

Nothing will help you accelerate faster than by surroundings. You with high quality, high-integrity, motivated, optimistic people

 

People either give you energy or take it.

 

 

• Lesson 5 - Comparison Reality Is a Thief

 

Don't compare where are you at. To where I'm at or anyone else.

We are all running completely different races with totally different start dates.

Don’t worry about anyone else.

 

Just finish your race.

 

• Lesson 6 - Learn to Write

 

There is no better skill for marketing yourself and your business than writing.

Write every single day.

Don’t even worry about if it's good. Just do it

 

If you do you will look back one day and realize just how much better you have become.

 

 

• Lesson 7 -No Zero Days

 

A zero day is when you do nothing to push yourself forward.

Don’t have those days.

That doesn’t mean don’t take time off or don’t vacation.

Hustle 24/7 is silly

 

One meaningful conversation or reading 5 pages means you are advancing.

 

 

• Lesson 8- Expertise is Subjective

 

Most people don’t get started because they think:

I am not an expert.

Nonsense

Everyone is an expert compared to someone else.

 

Find those people a few steps behind you on the journey and you have an audience that views you as one.

 

 

• Lesson 9 - Your Knowledge Has Value

 

Once you begin valuable information, you will forget what it was like NOT to know it.

 But amazingly, the stuff we think everyone knows?

 They don’t

 Your knowledge is valuable and should be treated as such.

 

Don’t forget that.

 

 

• Lesson 10 - Learn to Accept Responsibility

 

Learning to take responsibility for your failures is an epiphany-like moment

If it's always somebodies fault or some company's fault, you are never going to grow.

People who blame everyone, but themselves are cancer to business.

 

 

• Lesson 11 - Ignore The Hate.

 

No matter what you chose to do, someone will hate it.

But they don’t really hate you or your business.

They hate themselves and they express it by treating successful people down.

 

Block and move on.

 

 

• Lesson 12 - Say No More Often

 

I know your family and friends want to spend time with you. Talk, listen and laugh.

And you've got a business to build.

When you say yes to everything, you are saying no to family & friends

 

Exclusive 9 Money rules for life

                                          Exclusive 9 Money rules for life

1.       Invest in yourself – Don’t stop learning, don’t stop listening keep bettering yourself and learn from every new experience you have.

2.       Compare yourself only to your past self - Don’t make the mistake of comparing your progress to anyone else. All that matter is, are you better than you were yesterday?

 

3.       Accept your past and move on from it – Use your past experiences to help you make better decisions. Don’t repeat your mistakes.

 

4.       Know your value and don’t settle for less – Once you know your value and what you bring to the table, don’t be afraid to ask for more and grasp what you deserve.

5.       Be thankful for what you have, no matter how “small”.

6.       Develop a positive mindset – By being positive, you open so many doors of opportunity and allow yourself to enjoy the process as well as the successes.

7.       Spend time doing what you love–Whether being with family or playing tennis or reading a book, make sure to make time for yourself.

8.       Develop a strong support network – Utilize your close friends, business peers, mentors, family, and anyone else who will help you achieve your aspirations.

9.       Never ask a barber if you need a haircut – People who are paid to fix problems will always find problems because if there isn’t a problem, there is nothing to fix.