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
I have recd a lot of queries on exactly which video did Subasish Pani taught this set up..
Folks you can check his y'days video
Although, I have learnt this extended move set up from @iManasArora 🙌
Do follow him & check his timeline for such set ups!
I shorted the ATM CE's which Subasish Pani does, and hence I mentioned strike selection inspired by Mr. Pani!
Folks you can check his y'days video
Although, I have learnt this extended move set up from @iManasArora 🙌
Do follow him & check his timeline for such set ups!
#BANKNIFTY
— Nikita Poojary (@niki_poojary) November 30, 2021
90degree upmove qualifies for abnormality, be cautious \U0001f6a8 pic.twitter.com/uyFCMpGOuR
I shorted the ATM CE's which Subasish Pani does, and hence I mentioned strike selection inspired by Mr. Pani!
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
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
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Before I begin, it might be worth explaining the Malay conception of the spirit world. At its deepest level, Malay religious belief is animist. All living beings and even certain objects are said to have a soul. Natural phenomena are either controlled by or personified as spirits
Although these beings had to be respected, not all of them were powerful enough to be considered gods. Offerings would be made to the spirits that had greater influence on human life. Spells and incantations would invoke their
Two known examples of such elemental spirits that had god-like status are Raja Angin (king of the wind) and Mambang Tali Arus (spirit of river currents). There were undoubtedly many more which have been lost to time
Contact with ancient India brought the influence of Hinduism and Buddhism to SEA. What we now call Hinduism similarly developed in India out of native animism and the more formal Vedic tradition. This can be seen in the multitude of sacred animals and location-specific Hindu gods
i wonder if you can make a thread bout witchcraft in malaysia.. or list of our own local gods/deites..
— r a y a \U0001f319 (@lcvelylilith) February 20, 2020
Before I begin, it might be worth explaining the Malay conception of the spirit world. At its deepest level, Malay religious belief is animist. All living beings and even certain objects are said to have a soul. Natural phenomena are either controlled by or personified as spirits
Although these beings had to be respected, not all of them were powerful enough to be considered gods. Offerings would be made to the spirits that had greater influence on human life. Spells and incantations would invoke their
Animist ceremonies of a religious or magical nature were normally held for the purpose of divination or making a request. This would either be done at a keramat or at a shrine similar to the Thai spirit houses or Chinese roadside shrines pic.twitter.com/I1hliyi0x3
— \u2745\u1710\u170b\u1713\u170e (@uglyluhan) June 16, 2019
Two known examples of such elemental spirits that had god-like status are Raja Angin (king of the wind) and Mambang Tali Arus (spirit of river currents). There were undoubtedly many more which have been lost to time
Contact with ancient India brought the influence of Hinduism and Buddhism to SEA. What we now call Hinduism similarly developed in India out of native animism and the more formal Vedic tradition. This can be seen in the multitude of sacred animals and location-specific Hindu gods