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If these promises are followed by both investors as well as investors, it can create phenemonal investor wealth but the challenge for investors is to keep these promises during turbulent times.
Investors incorrectly assume the job of the advisor is to time the market. However, it is not possible to time the market. Investors get swayed by the media noise even when there's hardly any impact on their portfolio.
The challenge for fund managers is independent thinking and not being true to label. Independent thinking shows unique style, conviction but many are following similar trends in market.
Trust is not a one-time event
"We trust that you will avoid using harsh language and will refrain from making
unsubstantiated allegations against individuals and firms. Your constructive feedback
and opinions are very valuable to all of us in the industry. "
Thats Deepak for you, true to label. Sincere thoughts straight from the heart!
Need help to grow MF distributorship business.
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