If you look closely, success does not appear to be far away. Achieving success does not require much more than ambition, as well as honesty and devotion to that aim. Setting that aim ahead of time is believed to be the first step toward realising it. And it is for this reason that many wise parents, who are really concerned about their children, want their children to make such judgments as early as feasible.
Many famous people from many professions began their professional careers at a very young age. Their outstanding achievements should persuade you of the importance of first-mover advantages. Whether it’s India’s missile man, Dr. APJ Abdul Kalam, or Cricket God Sachin Tendulkar, such individuals began at a young age and went on to achieve great success.
Similarly, there is another name that can undoubtedly be added to the list of such people in the trading industry. Vijay Kedia is his name.
“Invest like a bull, sit like a bear and watch like an eagle. (mantra for long term investing)Vijay Kedia
Mr. Vijay Kedia is a successful stock market investor. He is an average individual with extraordinary abilities and brains. Many investors look up to him as an inspiration and role model, and they follow his excellent investment technique for more success.
Consider his voyage to the stock market, which is packed with ups and downs.
Vijay Kedia’s Success Story :
Vijay Kedia was born in a family of traditional stockbrokers with a small business. Since his infancy, he has had a great interest in the financial market. He began trading with his grandfather when he was 14 years old.
He intended to establish his own business after his father died unexpectedly, but he couldn’t since he lacked the necessary capital. Then he had to work for his family’s stockbroking firm. He quickly realised that stockbroking was not for him. That is why, at the age of 19, he began investing in the stock market. After entering the trading sector, he made a lot of money in the first year and felt extremely confident in it.
However, anybody who has even a passing interest in the stock market understands that profit or loss is not permanent. Well, Vijay Kedia’s good fortune ran out, and he ended up losing a lot of money while trying to make a profit.
Failures of Vijay Kedia :
He began trading with a little sum of money. When he used to register even a small profit, he would proceed with a larger sum. Well, this technique frequently cost him a lot of money, and he had to endure significant losses.
He once faced a Rs 70,000 loss at Hindustan Motors within 2-3 days. Unfortunately, Vijay Kedia’s mother had to sell her jewellery to assist him to recover his losses. Despite the fact that he recovered from his losses, the tragedy had a profound effect on him. He was very dissatisfied and quit his trading career.
Following that, he launched a company providing supplies to tea gardens in Kolkata, but he failed as well. He continued on to the stock market’s second inning and began trading. He did not make the anticipated profit despite having been in the trading industry for 10-11 years. He realised he was simply playing a no-profit-no-loss game. As a result, in 1989, he abandoned the notion of trading in favour of investment.
Vijay Kedia’s Investment Strategy :
Dr. Vijay Kedia adheres to the investment philosophy of SMILE, which stands for Small in size, Medium in experience, Large in desire, and Extra-large in market potential. This is the only investment plan that Dr. Kedia supports.
When asked about his investing approach, Kedia stated, “One should look for firms with strong management. Find extremely good management, very honest management, and look at the product in which the Management will develop, exceed its peers, and the economy. If you invest in such firms for the next 10-15 years, you will not be disappointed.”
His counsel to all of his followers is to gamble large and ride out the storm. According to him, while chance plays a significant role in the stock market, other factors such as investments, knowledge, courage, and patience are equally key pillars.
For the past 30 years of his investment career, Vijay Kedia has been completely invested.
Dr. Kedia’s portfolio is a dream portfolio that would undoubtedly be on the wish list of many modest stock market participants.
|Stock Name||Quantity Held||Holding Percentage||Holding Value|
|Innovators Façade Systems Ltd.||2,010,632||10.66%||6.0 Cr|
|Affordable Robotic & Automation Ltd.||1,072,000||10.53%||6.4 Cr|
|Lykis Ltd.||1,934,512||9.98%||5.9 Cr|
|Repro India Ltd.||901,491||7.46%||31.2 Cr|
|Tejas Network Ltd.||3,900,000||4.21%||44.2 Cr|
|Everest Industries Ltd.||615,924||3.94%||16.7 Cr|
|Vaibhav Global Ltd.||659,087||2.30%||141.0 Cr|
|Sudarshan Chemical Industries Ltd.||1,100,000||1.59%||51.6 Cr|
|Cheviot Company Ltd.||100,586||1.56%||7.1 Cr|
|Neuland Lab||200,000||1.56%||21.3 Cr|
|Atul Auto Ltd.||321,512||1.47%||5.6 Cr|
|Ramco Systems Ltd.||425,000||1.39%||19.6 Cr|
|Panasonic Energy India Company Ltd.||93,004||1.24%||2.0 Cr|
|Cera Sanitaryware Ltd.||140,000||1.08%||45.0 Cr|
|Astec Lifesciences Ltd.||–||Below 1%||–|
Learnings from Vijay Kedia’s Journey:
1. Make long-term investments.
Dr. Kedia is a firm believer in long-term investing. According to him, it takes time for businesses to develop and flourish. “Rome was not built in a day,” as the adage goes. Long-term investing is beneficial because the stock market is constantly turbulent. Price fluctuations might result in massive losses if not properly analysed.
2. Seek out competent management.
Dr. Vijay Kedia believes that people should invest in firms that have pleasant and transparent management. A corporation is made up of several components, all of which must be considered before investing in the company. According to him, one should constantly check for the company’s quality aspects.
3. Don’t invest to make money.
Vijay Kedia constantly says that you should never rely on the stock market for a living. He believes that it is critical for a person to have a secondary source of income. He claims that one may be an active trader while resisting market shifts. Many investors have put huge sums of money at risk in the expectation of making more money without having a formal business or a job. This has resulted in a significant loss and, as a result, accrued obligations for such persons.
4. Maintain a balanced attitude
According to Dr. Vijay Kedia, an equalised approach is critical. It is not healthy to be too enthusiastic during an uptrend and overly gloomy during a decline in the stock market. He claims that investing does not have to be a difficult task. If you take a confident attitude, it may be straightforward and comfortable.
There are many large investors in the trading business, but when we think of an investor who is also an inspiring mentor, persons like Dr. Vijay Kedia come to mind. Because of his never-fail investing ideas and methods, he has been one step ahead of most investors.
Despite the fact that the market is constantly autonomous and uncertain, following the advice of successful investment brains like Dr. Kedia can help you avoid or, in the worst event, withstand any fatal market shocks.
So, if you’re looking for advice before diving into the world of trading, you know who to look to.