Vijay Kedia - Sucess story
Vijay Kedia
Vijay Kedia is one of the most successful stock market investors in India. He
started his investment career early in age at 19 years old. He is
also described as ‘market
master’ by Economic Times.
He is the director of ‘Kedia Securities Pvt Ltd’ and his net worth is over 1,000 Crores.
Today he is a most inspiring stock market trader and investors for all who
is entering into the stock market.
So let’s read this article you will get full success story of Vijay
Kedia. I assure you will definitely love his story. So let’s begin…….
Biodata of Vijay Kedia
·
Name Dr.
Vijay Kishanlal Kedia.
·
Born: Kolkata
·
Nationality :
Indian
·
Education: B.
Com
· Children: 2
“One
must understand that the stock market is a “high risk- high rewards” business.
It is a full-time business which has its own
rules which require to be strictly followed.
One has to fall in love with the stock market.
The market rewards you as per your perception of it.
If you treat it like gambling then, it will
prove a gamble for you.” -Vijay Kedia
Early
Life
Mr. Vijay Kedia born at Kolkata. He is belonging to the Marwari family and
his father was running stockbroker business.
When Vijay Kedia was 19 years old his father passed away living behind
his family and his broker’s business. To run his family Vijay Kedia started
working in his family business.
Vijay Kedia said in TED talk that his failure in his life has
been his biggest asset.
If he would not be in the stock market I would be in the Army. When he was in class 7Th he wanted
to join NCC, When he went for admission he was late for admission and officers
told him to join next year,
But Vijay Kedia attending the NCC class by standing outside. One day
officer noticed him and asked why is standing outside he told he actually
wanted to get in but he was late for admission that officer impressed by Vijay
Kedia and he took him to NCC.
By giving this example of his life he is telling us a very interesting and
valuable lesson. He is saying If you want something in life then we have to be
after it doesn’t just give up.
It’s a really good lesson for everyone, isn’t it? If yes then please
comment below your life experience.
Coming to the Vijay Kedia's story……..
When he is in 10th Std his father died and he failed in his
10th exam. He rewrote the 10th exam & he passed out.
Because of this incident, he was no more interested in studies. He was
thinking to earn money fast so he could take care of his family. He does not belong to a rich family.
Career
Vijay Kedia is a successful stock market
investor.
He is
the director of ‘Kedia Securities Pvt Ltd’ and his net worth is over 1,000 Crores.
In
2016 Vijay Kedia was got 13th position in the Bussiness World list of
successful investors in India.
In
2016 he was awarded Doctorate degree for
Excellence in Management.
In
2017 Money life Advisory launched an Ask Vijay Kedia microsite.
In
2018 he was invited speak at Bombay stock exchange and he delivered a speech in
TEDx, and TEDx Amritsar.
Also
Vijay Kedia was a keynote speaker at IIM Ahmadabad and IIM Bangalore.
He has
referred to as “Market Master” by the ‘Economic Times.’
How Vijay Kedia entered into the stock market?
When he turned 19 years old he joined stock market trading because
without much education and money he can do that work.
After getting some success in trading his started losing his trades and
he was in a big loss and he faced so bad situations that his mother was about to
sell his jewelry to pay off his dues.
Luckily he safely came out from this situation and he said that he
learned to use stop loss in trade and the importance of prayer in life.
After a few years later he got married and he had a son. But still, he is
not earning sufficient money. Then he started a side business of supplying
materials to Tea Gardens in his spare time.
Vijay Kedia is very fond of singing and he had some extra money and he
wanted to buy the steriosystem for that passion. But his friend advised him not to
waste money on depreciating assets. Instead of that, he advised buying an appreciating
asset.
He listened to his friend and he bought cheaper steriosystem and from
remaining money he bought some silver.
He loves to do a career in the stock market so he wanted to go to Mumbai for entering into the stock market, He asked
his relative and his relative introduced one stockbroker but that broker made him waiting 3 to 4 days to meet and advised
Vijay Kedia that it’s difficult to get into Bombay stock exchange and the returns
back to Kolkata.
He tried once again through his friends help but he can’t adjust
traveling by train from Malad to stock exchange so once again he came back to
hometown.
After 6 six months, Vijay Kedia again thought to go back to Mumbai and he has found one paying guest system.
That time in the share market bullish trend is started in 1992. Vijay Kedia
had bought 35 thousand shares in Kolkata that all shares he sold and he invested
that money in one share that is ACC at prize 300Rs.
After one year he had got 10 times returns in that trade. He sold that share
at Rs 3000. This trade gave him so much money that he had bought his house in
Jogeshwari east.
That time Harshad Mehta and Ketan Parekh scams happened and all
investors were in a big loss.
Vijay Kedia’s friend offers him a business partnership in Germany and he had gone to try his luck in Germany.
While traveling by flight he got claustrophobic attack and it’s was so
Sevier that he could not be recovered from it for one year.
After one year he started investing in the stock market and this time he got
success. And he invested in a multi-bagger stock which made him Master of the
Market.
Investment The strategy of Vijay Kedia
. Rome was not built in a day. It takes time for a story to
mature. Vijay Kedia always says this line, which means invest for a long time, not
for a short period of time.
He always investing in
small-cap companies. Because he believes that large-cap companies are already
grown but small-cap companies have the opportunity of progress which can give good
returns to investors.
He gave more importance
to analyze the management of the company, good management can grow business. He
says that
I believe that best
businesses can be ruined by bad management and bad businesses can be revived by
the good management.
If management is
experienced, aggressive, transparent and dedicated to their business, they will
protect your investment in order to protect their own wealth and reputation.”
One must do fundamental
analysis before investing.
Vijay Kedia follows SMILE as the principle in investing; which means:
S
- Small in size,
M
- Medium in experience,
L
- Large in aspiration and
E
- Extra-large in market potential
Small in size – The company should be a small-cap company which has potentials of growth as mid-cap
to large-cap
Medium in experience- The Company and
management of should be medium in experience to handle the business properly
And management should be
eager to develop his business.
Large in aspiration- Mr.
Kedia says that the company should have an aspiration to grow from small to large
business and small companies have better opportunities for growth.
Extra-large in market potential
- The company should have the potential of growth in the market and
becomes a leader in his category.
Vijay Kedia strongly
believes that luck is playing a vital role in the stock market. With proper
knowledge courage and patience, one can achieve a big success in the stock market.
Conclusion
Vijay Kedia’s story is quite interesting because many of us are coming from a middle-class family where we don’t have much support from our family.
Vijay
Kedia giving some suggestions to investors who are new in the stock market are
newbie should study the fundamentals of the company.
Invest
for the long term because in the long term only you will get compounding returns.
One
must have patience and courage to take correct decisions.
I hope
all of you got some message from this story if yes then comments.
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