theremingtondean

Have you ever read the book The Diamond Cutter? If yes how close are the actual diamond business aspects to what you do today with the internet and all?

Basically thousands of diamonds can be purchased for an order to say K Jewelers and if the diamond distributors realize that the buyer is buying thousands of diamonds they can raise the price substantially because they know that an order is being placed. Is that how it works for you? I almost pictured it as scenes from movies where they are on Wall Street frantically yelling and throwing papers. Is what you do anything like that?

Also, here is a quick amazon review of the book if you're interested (it's a monk writing how to do well in business based on old writings, doesn't sound as hippy-esque in the book but applies old concepts to business today.

"Here is the Amazon book review:

Other Buddhist books offer you a path to happiness, Geshe Michael Roach offers a path to wealth. Roach, who while being a monk helped build a $100 million business, demonstrates how ancient notions in The Diamond Cutter sutra can help you succeed, and if you're in business that means to make money, a lot of it. Drawing on lessons he learned in the diamond business and years in Buddhist monasteries, Roach shows how taking care of others is the ultimate path to taking care of oneself, even--especially--in business. As he puts it, you have to engage in "mental gardening," which means doing certain practical things that will form new habits that will create an ideal reality for you. If this sounds a little outrageous, his very precise instructions are down to earth and address numerous specific issues common to the business/management world. Through this practice, you will become a considerate, generous, introspective, creative person of immense integrity, and that will be the key to your wealth. At first this book comes off like a gimmick and the writing isn't without rough patches, but page by page, as Roach introduces you to the practical details and real-life examples, his arguments become more convincing. A cross between the Dalai Lama's ethics and Stephen Covey's Seven Habits, The Diamond Cutter will have you gardening a path to the bank. --Brian Bruya"

While the book is mainly on improving business, there is a lot on how the diamond trade works, at least for the company referenced in the book.