
This is a story of a Vijay Kedia. Now he is an Indian best investor; Once he shares his life story in which he says that there was an incident where I didn’t have a 14 Rs. To buy a box of milk to feed my son, in between I was offered a large share of a milk company which was into milk and milk products I bought that block of that company and gifted it to my wife this is your reward for that 14 rupees which not arrange.
Now his net worth is 862 crore. Today we know about his investing style. The first thing they learn is; that trading and investment are different. Once they say that if I divided my life into 3 parts like 1/3, so in the first 1/3 I understand that I can’t earn from trading, In the second 1/3 they decide that I will not do trading and they start investing & in the last 1/3 part hi is living now. The second point is; investment in the high growth companies, Vijay Kedia believe that we will become a millionaire only when the owners of the company become a billionaire. The third point is Vijay Kedia says that every investor must have three qualities knowledge to find the best stock, courage to buy in sufficient quantity & last is patient to hold those stock. While picking stock, Mr Kedia gives the first priority to the company’s management, he also gave an example of why company management is important. In the example highway means growth of the company, the car means the company, shareholders are the passenger of that car & management is the driver. So if the car is Alto and Highway means growth is good and management means the driver is also good then he will drive the car i.e. company well and take it to the destination. And if the car is a Mercedes and the highway is good too but the driver is bad then you can gas what will be the condition of the car as well as the passenger.
Hence, the role of management is very important in the company. He also says that the investor should thoroughly inspect the management of the company. According to him if the company management manages the company well at bedtime then that management has the ability to lead the company well during good times.
Written by
Yash Jauhari