Wednesday, September 21, 2011

The listening problem

A skilled graphologist can understand if an individual is open to new ideas or is someone who is adamant and likes to do things on his own.
Sometimes, even a skilled graphologist can go wrong. :)
I recently met a very self made man, someone who had defied all the customs possible and made life on his own. His handwriting pointed out that he was not a very good listener and didn't really accept advice as graciously as one should.
I told him that, and he said I was wrong. This was my 2nd or 3rd point but he said that he listens to everyone. There was no way I was wrong. I tried to give him examples so I could explain my point. He refused. I couldn't really argue with such a senior business man...but this was so wrong. He just didn't budge, he was proving my point and I tried to point it out, but he still didn't agree. He told me to move on.
I carried on with my points and soon he started developing his trust. We came to the main reason for his analysis and I gave him the reasons. I was telling him something about his wife and the point drifted to how businessmen have to act in a way to be accepted by society. He said he understood it and we discussed how people close to us can nag us and constantly give ideas to help us improve. He then came to the listening point again and told me that he too faces the same issue. He had 3 wellwishers who always told him the right way of doing things. Like when one of them told him that the business won't work and his wife would come on the road, he transferred one of his flats on his wife's name and made his wife secure with a fd deposit and made arrangements for his child in next 3 months. When his aunt told him about looking good and dressing well, he bought the best quality clothes and a really pricey car in few days.
I realized one thing, Human beings are the most complex complex beings possible. He did listen to people but only to stop them from talking. He has lost those well wishers now but is happy in his own world. I tried to point this out in a subtle way that he didn't listen to ideas because the idea made sense, but only to prove a point and hence it showed in his handwriting but I don't think he was ready for that yet.
About Sunayna Navani
The corporate world didn't hold my interest for long and a 9 to 5 didn't appeal me one bit, So, I converted my hobbies into my profession and started art with sunayna (www.artwithsunayna.wordpress.com)to teach and sell art from quilling and became a full time graphologist. I use mix of Graphology, some spiritual practices and healing and to help you understand yourself and the world around you better or get a good life partner or help corporates hire better.

Rogue Trader

A trader who acts independently of others - and, typically, recklessly - usually to the detriment of both the clients and the institution that employs him or her. Rogue traders typically trade in high risk investments which can create huge losses but also large gains.

Reinvent Your Professional Identity

A mid-career switch can be challenging, especially if you've become pigeonholed in your current role. But it's possible to recreate your work identity, as long as you don't get stuck at the introspection phase. Take action by doing these three things:

  • Craft experiments. Take on freelance or pro bono assignments that allow you to try new roles while staying in your current job.
  • Shift connections. To move in a new direction, you need a new network. Reach out to people who can give you a fresh perspective on what you're trying to achieve.
  • Make sense of it all. Tell others the story of who you hope to become professionally. This will help clarify your intentions and keep you motivated. Plus, you might win the support of your listeners.

Tuesday, September 13, 2011

Avoid 3 Common Decision-Traps

Making decisions is your most critical job as a leader. The more high-stakes a decision is, the more likely you are to get stuck. Here's how to avoid three of the most common traps:

  • Anchoring. Many people give disproportionate weight to the first information they receive. Be sure to pursue other lines of thinking, even if the first one seems right.
  • Status quo. Change can be unsettling and it's easy to favor alternatives that keep things the same. Ask yourself if the status quo truly serves your objectives and downplay the urge to stay in your current state.
  • Confirming evidence. If you find that new information continually validates your existing point of view, ask a respected colleague to argue against your perspective. Also try to avoid working with people who always agree with you.

Saturday, September 10, 2011

Expiration Month/Time

Options have a defined life and option traders select the duration that matches their forecast. Most stock and cash settled index options expire on the third Friday of every month. The expiration months are categorized as, front month, back month and LEAPS. Options that expire in less than four weeks (five weeks in a five week cycle) are considered front month options. Options that have more than four weeks of life are considered back month options. Options that have six or more months of life are called LEAPS. The more time an option has, the greater the time premium. Intuitively, a stock option with a great amount of time has a higher probability of being profitable. A $45 stock has a greater probability of moving above $50 in a three month period of time than it does in a three-week period of time. Option traders that believe a stock is poised for a quick explosive move should trade front month options. They will be cheaper and the trader can buy more options. Time premium decay is a factor and the move must take place quickly in order for the trade to work out. Option sellers like to sell front month options because of accelerated time decay in the last few weeks of life. An option trader who believes the stock will continue a long-term trend might consider buying a back-month option. An investor looking for a leveraged stock position might consider buying a LEAP call instead of the stock.

Friday, September 9, 2011

Fraption

Also known as an interest rate guarantee, this type of option allows an investor to set up a forward rate agreement during an agreed amount of time that triggers in response to a pre-set strike price. Fraptions are used to protect investors from dramatic declines in interest rates.

Thursday, September 1, 2011

Whitewash Resolution

A term used in Europe to refer to a specific portion of the corporation act (called the Companies Act in Europe). This portion of the act indicates that a specific resolution must be passed before a company being bought out can provide financial assistance to the company which is buying it out. This is to prevent companies from taking advantage of the companies they are buying out.

Accounting Information System (AIS)

A system, typically computer-based, used for storing, collecting, and analyzing a company's financial and accounting data. Accounting information systems are generally used by executives to make decisions, develop company strategies, and generate reports for shareholders, internal personnel, and regulatory agencies. Accounting information systems also streamline accounting cycles and reduce the incidence of accounting errors.

Bank Deposits

Money placed into a banking institution for safekeeping. Bank deposits are made to deposit accounts at a banking institution, such as savings accounts, checking accounts and money market accounts. The account holder has the right to withdraw any deposited funds, as set forth in the terms and conditions of the account. The "deposit" itself is a liability owed by the bank to the depositor (the person or entity that made the deposit), and refers to this liability rather than to the actual funds that are deposited.

Quick Response

Just in time inventory partnership strategy between suppliers and retailers of general merchandise. It is aimed mainly at reducing order response time, and achieving greater accuracy in shipping the correct goods in correct quantities, by employing computerized equipment such as barcodes and EDI to speed up flow of information. Its other objectives include reduction in operating expenses, out-of-stock situations, and forced mark-downs (discounts).