The Greatest Alpha
Amar Pandit
A respected entrepreneur with 25+ years of Experience, Amar Pandit is the Founder of several companies that are making a Happy difference in the lives of people. He is currently the Founder of Happyness Factory, a world-class online investment & goal-based financial planning platform through which he aims to help every Indian family save and invest wisely. He is very passionate about spreading financial literacy and is the author of 4 bestselling books (+ 2 more to release in 2020), 8 Sketch Books, Board Game and 700 + columns.
November 3, 2023 | 2 Minute Read
Here is a question for you…
What is the greatest alpha that you bring to your customers/clients?
The common answers…
- Beating the Benchmark (this technical one comes first on the list of most people in our industry/profession).
- Market Timing – getting out before the market falls and then getting in before it goes up.
- Selection – Identifying the winning investments and/or avoiding the losers…identifying investments that go up as soon as you invest or ones that deliver high returns with negligible downsides.
- Behavioural Alpha (Narrowing or Eliminating the Gap between Investment Return and Investor Return.
- Helping an investor achieve her/his financial goals.
- + Some Others
Did you come up with a different answer than the above? What is your greatest alpha?
While you reflect on your answer, here is my answer (for you).
Your Greatest Alpha is Your Presence…
Let me explain…
Most people don’t have anyone to talk about money…It’s huge…and I know you realize this.
People don’t talk to their parents, children, spouses, friends, family members and others about money and money related issues/fears/thoughts/feelings. As we all know, money is the number one source of conflict in most families. You see where I am going with this. Thus, your presence itself is a massive gift, the presence of a caring real financial professional.
You are the someone they can talk to freely. You are the someone who listens to them, makes them feel heard.
Your presence is your greatest gift and your greatest alpha.
I hope you understand and appreciate the power of this, because if you don’t, no one else will, and you would have wasted an opportunity to help your clients understand your greatest alpha.
Similar Post
Nano Learning
What Makes Perfect?
We all have been told “Practice Makes Perfect”. Practice however does not make Perfect. Sloppy practice will make you sloppier...Incorrect practice can injure you or lead to di ....Read More
11 August, 2023 | 1 Minute Read
Nano Learning
The Way to Price
Pricing is a complex subject (not to mention the creativity that is often required in it) and one that is rarely understood by most people. Knowing the costs of your services is no ....Read More
20 May, 2022 | 2 Minute Read
Nano Learning
This Number will determine your success
While the previous Nano “The BH Formula” focused on the formula for success, this Nano will simply give a Number for Success. What do you think this number is? Can you take a ....Read More
1 July, 2022 | 2 Minute Read
Nano Learning
The Essential Elements of Getting Referrals
On a lighter note, the next 3 Nanos are a part of what I call the 'Two Series'... There are 2 essential elements of getting referrals…
18 August, 2023 | 1 Minute Read
Nano Learning
Cellular Wisdom: The Path to Organic Growth
I read a very interesting quote by Steven Hall – “Every single cell in the human body replaces itself over a period of seven years. That means there’s not even the smallest p ....Read More
1 March, 2024 | 2 Minute Read
Nano Learning
The Gap We Need to Bridge
Can you guess what this headline refers to? All right, I will give it as I don’t have the luxury of creating all the suspense. We all know the concept of left brain versus right ....Read More
10 June, 2022 | 2 Minute Read
- 0
- 0
0 Comments