Sales
Salesmen and women are the great boon and utter bane of every commercial enterprise; as aggravating yet vital to the organisation’s well-being as the clients[1] they bring, lured by the promise of leveraged alpha, hooked on the magnificent mating displays of backtesting.
Once a client is in the door, Salespeople function as its proxy in the great interior monologue of a modern investment bank.
Which is why they will instinctively parrot that great lie: “all our other counterparties have agreed this”.
See also
- Vendor, with which you should not confuse a salesperson. A vendor implies some kind of probity and responsibility for something material in the world.
- Compliance arbitrage, something at which all good salespeople are masters.
- Escalation
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