Freedom Holding Corp (FRHC)

[Quintessence]

Freedom Finance IC CEO: you cannot sell a complex product if the client does not understand it
01/15/2019 13:04 1311 3

https://www.banki.ru/news/lenta/?id=10818706

Business should not replace the state in the field of public education, but in some cases this “replacement” is necessary to achieve the goals of the business itself. This opinion was expressed by Timur Turlov, Director General of Freedom Finance, speaking at the 10th Gaidar Forum.

“Sometimes you just can't solve your problem without doing it (teaching people. - Ed.),” He said.

“The very problem of an investment business very often comes up against the fact that you cannot sell complex products if your client does not understand their essence. He will not understand how this product works, he will not trust him, ”Turlov explains. “The majority of people who want to invest seriously, are interested in spending energy and at least start speaking conditionally in the same language with those experts who will advise them in order to synchronize concepts and a general understanding of the market situation.”