Walking the talk
One of the toughest things to do in life is disagree with something and then walk the extra mile to showcase that you really mean what you say.
For example, today Mr. Motilal Oswal who owns and runs Motial Oswal Financial Services posted the following tweet
Trading is injurious to your wealth as well as health. Investing for long term is wealthy as well as healthy practice pic.twitter.com/Y9dH8zTwsy
— Motilal Oswal (@MrMotilalOswal) May 23, 2015
Trading is a tough business, no doubt about it. Depending on what evidence you go by, as many as 95 – 99% of traders end up on the losing side. But the question is, what is the success ratio of those Investing (especially direct investing).
Unlike traders, measuring investor success / failure is tough for one, there is no constant. For example, if a person invests X sum of money and after say 10 years, his investment remains at X, is he a successful or a unsuccessful investor?
But does his own company walk the talk in terms of offering products that he truly believes in. Yes, making such choices can be expensive for the firm in the short term, but if he really strongly believes that his clients health is affected by the choices offered by his company, should he persist in providing those choices?
If one were to visit the website, the page has this advertisement running
Its interesting that not only is the seminar FREE, but you end up getting a FREE gift as well. How enticing 🙂
If trading is really injurious to one’s health, how does attending a free seminar change that. After all, its not saying that it will help you become a better investor but proclaims you can become a Professional Trader (whatever that means)
Taking the high moral road on Twitter is easy, the test comes as to one really goes the extra mile to ensure that the road one takes has that high standards as well. After all, that’s what separates the Men from the Boys.
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