As the entry price, horizon and risk appetite would be far different than yours.
Rather lets draw inspiration and try to learn his stock picking skills.
Now let's DIVE IN👇
Mr. Vijay Kedia built a net worth of over Rs. 800 crores.
But you probably never read past that headline.
So I binged hours of interviews to learn his investing principles and strategies.
Here are 20 lessons on investing from @VijayKedia1 Sir:
Collaborated with @AdityaTodmal
As the entry price, horizon and risk appetite would be far different than yours.
Rather lets draw inspiration and try to learn his stock picking skills.
Now let's DIVE IN👇
- Soon, beginner’s luck started to fade out and loses started to mount, to an extent where his mother was about to sell her ornaments.
- Although he was able to dodge the situation.
- This incident taught him the biggest lesson to have a stop-loss.
- In 1990, he made his first investment by putting in his 10-years savings of Rs 35,000 in this stock, based on a news trigger that tractor industry will witness a turnaround.
- It worked and fetched him 4-5 times which he calls it as a fluke.
i. Knowledge,
ii. Courage, and
iii. Patience.
- He picked 5% stake in Aegis Logistics at Rs.20.
- The stock didn't move the next year.
- Finding a gem isn’t enough, finding the courage to stick through without fear & disappointment is.
- Eventually, the stock rallied to Rs. 300.
- One cannot get a small company that is cheap and has prime return ratios too.
- Focus on the core qualities of the business model.
- Look at the underlying story of the stock and the industry.
- Management should be transparent.
He chooses a small cap & mid cap companies which has the following ingredients:
• S: Small in size
• Mi: Management with medium experience
• L : Large in aspirations
• E: Extra large market potential
-Small in size refers to the company’s market share to the total market size of the industry.
-Don't be under the wrong notion that small in size means with reference to market capitalization.
- Management must be aggressive, transparent, and dedicated.
- He looks for management who would have gone through about 2-3 up & down cycles.
- Management should be motivated to grow the company and add value for all stakeholders.
- For a company to grow from small to medium size, the management should have large aspirations.
- If management aims to become a billionaire only then the shareholder will become a millionaire.
- For a company to grow from small size to medium or from medium to large, the market and the underlying asset should have that potential.
Acronym CHANGE:
• C: Chamchas
• Ha: Health
Acronym CHANGE:
• NG: Next Generation
• E: Ego
Neither be an optimistic during an uptrend nor be a pessimistic in a downtrend.
His investment mantra is to – ‘Buy like a bull, sit like a bear and watch like an eagle.
- Finding the right companies is not enough if you don't own a substantial piece of it.
- He doesn't fear the quantity because his aspiration in future is to allocate is even bigger than what it is today.
- Presents various types of risk rewards.
- Know your type and act accordingly.
- Don't fall in the trap of upgrading your lifestyle.
- Cut down your expenses on depreciating assets.
-One should be prepared to get immersed into this business of investing to reap the fruits out of it.
Do check out on youtube!
https://t.co/2QuRVLNg2u
Mr. Radhakishan Damani (RKD) - 4th richest person in India
— Nikita Poojary (@niki_poojary) April 23, 2022
Networth of $1.95B or \u20b91,48,000CRS
THREAD: A journey from D-Street to D-Mart
Collaborated with @AdityaTodmal pic.twitter.com/tfi3YMhZMe
Link for the videos which are used here as snippets:
https://t.co/gluNd3pmEa
https://t.co/OPNBoSpons
https://t.co/EMydTPqBZm
https://t.co/pPb8pyYUVr
https://t.co/R0ATlB76uH
If you did, share it with a friend
Hop back up to retweet the first tweet
See past threads here:
@AdityaTodmal
&
@niki_poojary
More from Nikita Poojary
In the past few months I have curated various threads🧵
For some reason, people seem to love it
Here are all of them, chronologically:
DJ Sir's set up made in collaboration with @AdityaTodmal
For some reason, people seem to love it
Here are all of them, chronologically:
DJ Sir's set up made in collaboration with @AdityaTodmal
In this thread, I'll walk you through my set up, absorb it as much as you can.
— itrade(DJ) (@ITRADE191) June 27, 2021
The instrument that I trade in are Nifty (NF) options
Thanks to @AdityaTodmal @niki_poojary for contributing in making this pic.twitter.com/BrMrGydb1v
90% of the traders lose money in the market despite following the best systems.
They either fix the entries, exits or replace the whole system with a new one.
The only thing you need to fix is the MINDSET!
🧵 with Subashish videos.
Collaborated with @AdityaTodmal
The secret to getting from where you are to where you want to be:
1. Define clear goals.
2. Action plan to achieve the goal.
3. Act on the action plan.
4. Eliminate self doubt due to failure.
5. You 'll get the same output if you use the same input.
Motivation is what gets you started, commitment is what gets you going.
6. WHY: is the driving force towards your goal.
• Commitment is the determination of a person to achieve the said goals, no matter the obstacles.
You don't trade the markets, you trade your beliefs about the markets!
7. Limiting beliefs are false beliefs that prevent us from pursuing our goals and desires.
To understand more about belief systems read the book Super Trader https://t.co/AQNE7uhu2K
Discipline to follow rules is a mark of a top trader:
8. Check whether you have followed your set of rules.
9. Analyse the reasons for your profits/losses.
They either fix the entries, exits or replace the whole system with a new one.
The only thing you need to fix is the MINDSET!
🧵 with Subashish videos.
Collaborated with @AdityaTodmal
The secret to getting from where you are to where you want to be:
1. Define clear goals.
2. Action plan to achieve the goal.
3. Act on the action plan.
4. Eliminate self doubt due to failure.
5. You 'll get the same output if you use the same input.
Motivation is what gets you started, commitment is what gets you going.
6. WHY: is the driving force towards your goal.
• Commitment is the determination of a person to achieve the said goals, no matter the obstacles.
You don't trade the markets, you trade your beliefs about the markets!
7. Limiting beliefs are false beliefs that prevent us from pursuing our goals and desires.
To understand more about belief systems read the book Super Trader https://t.co/AQNE7uhu2K
Discipline to follow rules is a mark of a top trader:
8. Check whether you have followed your set of rules.
9. Analyse the reasons for your profits/losses.
One of the most successful stock trader with special focus on cash stocks and who has a very creative mind to look out for opportunities in dark times
Covering one of the most unique set ups: Extended moves & Reversal plays
Time for a 🧵 to learn the above from @iManasArora
What qualifies for an extended move?
30-40% move in just 5-6 days is one example of extended move
How Manas used this info to book
Post that the plight of the
Example 2: Booking profits when the stock is extended from 10WMA
10WMA =
Another hack to identify extended move in a stock:
Too many green days!
Read
Covering one of the most unique set ups: Extended moves & Reversal plays
Time for a 🧵 to learn the above from @iManasArora
What qualifies for an extended move?
30-40% move in just 5-6 days is one example of extended move
How Manas used this info to book
The stock exploded & went up as much as 63% from my price.
— Manas Arora (@iManasArora) June 22, 2020
Closed my position entirely today!#BroTip pic.twitter.com/CRbQh3kvMM
Post that the plight of the
What an extended (away from averages) move looks like!!
— Manas Arora (@iManasArora) June 24, 2020
If you don't learn to sell into strength, be ready to give away the majority of your gains.#GLENMARK pic.twitter.com/5DsRTUaGO2
Example 2: Booking profits when the stock is extended from 10WMA
10WMA =
#HIKAL
— Manas Arora (@iManasArora) July 2, 2021
Closed remaining at 560
Reason: It is 40+% from 10wma. Super extended
Total revenue: 11R * 0.25 (size) = 2.75% on portfolio
Trade closed pic.twitter.com/YDDvhz8swT
Another hack to identify extended move in a stock:
Too many green days!
Read
When you see 15 green weeks in a row, that's the end of the move. *Extended*
— Manas Arora (@iManasArora) August 26, 2019
Simple price action analysis.#Seamecltd https://t.co/gR9xzgeb9K
In the month of November 2022, we have shared 9 threads, which includes:
• How to save taxes from trading income
- Individuals
- Corporate way
• Powerful Intraday set-up with screeners
• 12 rules for professional position players
and much more 🧵
1/ How to initiate a short straddle how to manage them with
2/ Things I know now, (after three years) post becoming a full - time
3/ How to reduce taxes by optiong for a Corporate
4/ Ten powerful intraday setups with
• How to save taxes from trading income
- Individuals
- Corporate way
• Powerful Intraday set-up with screeners
• 12 rules for professional position players
and much more 🧵
1/ How to initiate a short straddle how to manage them with
Short Straddle is the highest payoff strategy in Option Selling.
— Aditya Todmal (@AdityaTodmal) November 5, 2022
However, it comes with huge risks as well.
You become good at managing Straddles with adjustments.
Here's a step-by-step breakdown on them:
Collaborated with @niki_poojary
\U0001f9f5
2/ Things I know now, (after three years) post becoming a full - time
Things I know now that I wish I knew three years ago when I started trading.
— Nikita Poojary (@niki_poojary) November 5, 2022
Collaborated with @AdityaTodmal
\U0001f9f5
3/ How to reduce taxes by optiong for a Corporate
How to use a corporate account to lower taxes drastically
— Aditya Todmal (@AdityaTodmal) November 6, 2022
A comprehensive \U0001f9f5 :
Collaborated with @niki_poojary
4/ Ten powerful intraday setups with
10 most Powerful Intraday Setups with Screeners: \U0001f9f5
— Nikita Poojary (@niki_poojary) November 8, 2022
Collaborated with @AdityaTodmal
More from Genericlearnings
China Index has corrected ~40% since its peak
Lot of regulatory crackdown in China. Top rated companies are available for huge discounts. $BABA for example now has a market cap of less than 600 Billion and is bigger than Amazon in every regard.
I have been aggressively investing more in Chinese equities than Indian ones.
https://t.co/W1RWdKU3sy
Lot of regulatory crackdown in China. Top rated companies are available for huge discounts. $BABA for example now has a market cap of less than 600 Billion and is bigger than Amazon in every regard.
I have been aggressively investing more in Chinese equities than Indian ones.
https://t.co/W1RWdKU3sy
A list of all the articles that we have created - From Banking to Fiber!
The content in the articles has been written in a very simple language which will help you learn everything about the sector and/or the company!
Do Retweet and help your fellow tweeples learn!
Let's go 👇
Starting with Financials -
A to Z of Banking, all basics of banking explained -
https://t.co/tMfB73CHYs
Top 5 Banks and their strategies -
https://t.co/aivfUtuw9g
Large Bank - HDFC Bank - How did HDFC Bank become HDFC Bank -
Mid Sized Bank - Kotak Mahindra Bank
How did they avoid all NPAs from 1999? What makes Uday Kotak's Concalls a goldmine of information on the Banking sector? Everything explained!
We have given details from 1999! The most comprehensive article ever!
Large NBFC - Consumer Durables Play - Bajaj Finance
From its origins to how it gives 0% EMI to how it earns money from manufacturers - everything explained!
More - Origins, Products, Loan Book, Cross-Selling, Risk management, Concalls of 8 Years,
Gold NBFC - Manappuram Finance
Origins (with fun facts)
Products, 10Y Financials, Business model and how do they make money, How does a gold loan work, Operational efficiency, peer comparison, mgmt commentary, why we don't like the stock, and much
The content in the articles has been written in a very simple language which will help you learn everything about the sector and/or the company!
Do Retweet and help your fellow tweeples learn!
Let's go 👇
Starting with Financials -
A to Z of Banking, all basics of banking explained -
https://t.co/tMfB73CHYs
Top 5 Banks and their strategies -
https://t.co/aivfUtuw9g
Large Bank - HDFC Bank - How did HDFC Bank become HDFC Bank -
Mid Sized Bank - Kotak Mahindra Bank
How did they avoid all NPAs from 1999? What makes Uday Kotak's Concalls a goldmine of information on the Banking sector? Everything explained!
We have given details from 1999! The most comprehensive article ever!
Large NBFC - Consumer Durables Play - Bajaj Finance
From its origins to how it gives 0% EMI to how it earns money from manufacturers - everything explained!
More - Origins, Products, Loan Book, Cross-Selling, Risk management, Concalls of 8 Years,
Gold NBFC - Manappuram Finance
Origins (with fun facts)
Products, 10Y Financials, Business model and how do they make money, How does a gold loan work, Operational efficiency, peer comparison, mgmt commentary, why we don't like the stock, and much
