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Quote by Coreen T. Sol, CFA

“You're more inclined to make a new investment after having success on your most recent transaction.”

Quote by Coreen T. Sol, CFA

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Coreen T. Sol, CFA

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“Each person sees life through their own lens, but what truly matters is knowing your path and the purpose that lights your way.”

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“Generally, you'll be motivated to sell sound investments and hold onto the bad ones because we prefer to feel good about the gains and avoid the pain of acknowledging loss.”

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Author:Coreen T. Sol, CFA

“In every case of frenzied investing and herd mentality, investors who participate later in the cycle operate at an elevated and often unnecessary risk.”

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“Everyone who liquidates at the bottom of the market is quick to rationalize, ironically, that they decided to prevent further losses.”

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Book:Unbiased Investor: Reduce Financial Stress and Keep More of Your Money

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“Let me be brutally honest. Being an insider, I know exactly how these MBA guys think. And because I know who they really are, I have nothing but utter contempt for these professionals. Now you might think I am stereotyping and generalizing. Yes, I am, indeed. But get this thing straight. Only highly competitive people prepare for these entrance exams to these top-notch B-schools. Only those who have excessive cupidity for money, power and status, only such people enter these highly reputed management colleges. These people don’t have friends, instead, they have connections. It’s all about Moolah. It’s all about usefulness. You scratch my back, and I will scratch yours. You be my ladder, and I will be yours.”

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“Business is supposed to be fun. We're supposed to love what we're doing. Don't let these old folks convince you that business is about spreadsheets and MBA's and metics and all that stuff. That's all good, but ultimately business is just about adding value to other peoples lives and getting them to pay you for it.”

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“Cliché: "The MBA changed my life." What it really means: "A fantastic career, a great social life and a healthy bank balance...three of the things I had before I started the program.”

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Book:Beyond The MBA Hype: A Guide to Understanding and Surviving B-Schools

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“People buy perceived value. It’s not just about having a good product or service, it’s also about making sure your potential customers perceive the value your product or service can provide them. And you do this by communicating its value effectively.”

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“The vision should be less about what things are going to look like in the future and more about how the company is going to be better positioned to create value and to reap the rewards of that value creation. When we communicate vision in this way, we can go from the world of vague ideals to the world of "this makes sense" for the people who will ultimately be responsible for stewarding the vision. And when it makes sense to them, and they feel connected to it, they do their part so we can collectively bring it to life.”

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“It costs 40 lacs to be a doctor, 30 lacs to be an MBA, 20 lacs to be a pilot, 10 lacs to be an engineer. And just 0 to be a nice guy.”

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