저자: VijayKedia · 외국인
요약 보기
인도 주식 투자자 Vijay Kedia가 1978년 주식 입문 후 겪은 손실·성공 경험을 회고하며 손절의 중요성을 강조. 인도 경제 성장(연 7%, 인프라 투자 1조 달러 계획, 인구 증가)에 낙관적이며 장기 투자 원칙 10가지(고정 수입 확보, 정보 습득, 분산 등)를 제시. 특정 종목의 구체적 향후 가격 예측은 없음.
다듬은 글
I will uh give you a brief tell you brief story about myself this was Mr V also want tou a little bit so I started my my career in stock market in 1978 but I started out of uh passion out of compulsion passion because I was born in a stock market family my father was also a Trader so I had this thing in my blood so I was I remember in when in my childhood also I used to do mock trading with my grandfather so that was my uh passion and because my father died when I I was 14 years of age my father was 40 years of age so I had no we had no money to do any any any business so when I turned 18 years of age that was the criteria to join stock market so I joined stock market out of compulsion because trading was the only thing where you don't need any Capital you don't need any infrastructure you don't need any academical knowledge also like gambling without knowledge if you are doing then it's a gambling so I started my career and for 10 years I I was a Trader in the market till 1989 as Mr spoke so in between I saw a lot of ups and downs maybe thousand times I went up thousand times I went down but I remain hand to mouth only so that is the conclusion of the uh trading in the market so and situation was this that I did not have the money to run my day-to-day family expenditure also so a time I remember a time came when somewhere in around 1983 84 that I lost uh a lot of money in the market lot of money that that in that in that time maybe 20,000 30,000 something I don't remember but in that that for that time it was a big money so I played to God God please save me this time uh if I recover my money next time I'm not going to come to the market so because I had to make the payment at that time payment used to be made uh we used to make payment in 15 days time not like T plus2 that day after tomorrow you have to make the payment there was a time gap of 15 days side and in between I started some supplying business also I used to supply uh in companies giy gum boot umbrella and all small small things I used to supply because Market used to open only for 2 hours and after that I was free I I was not making money also so I I say God please save me I will go I will go and do this my supply business T company's business so God listen to me fortunately and maybe next two or 3 days I recovered whatever money I have lost so although God listen to me but I did not listen to God so I continued my uh trading into stock market uh and God was also kind to me he forgave me for my Bing my promise but I learned a very big lesson in that uh time that was stop loss that's cutting your losses remember even if you are trading in stock market and if you are not cutting your losses remember my word I can write it down nobody can challenge this thing on earth 99% of times if you are cutting your losses uh in the market even out of one time out of 100 times if you will not cut your losses you will go bankrupt please remember this thing if you are taking trading as your career please remember this thing this I'm telling from my heart and I think it's it's difficult to challenge okay in the sense if you are not cutting your losses you are going to wipe out so now coming to the trading so I continued like this but in 1989 I realized one day in 88 late 88 I realized this is not the kind of life I really wanted I came here to make some big money uh I was ambitious obviously so not just to struggle for my like a daily laborer to struggle for my daily wages or making money so I looked around in the market I found the people who were investor hardcore investor in the market were really well off they used to wear good clothes they were educated talking all in numbers terminology like numbers you guys are talking okay so uh and and plus they were looking happy also so I thought maybe I was missing all these years so I should can you tell me how much time I have please 15 minut 15 minutes we can up and take questions because they would rather have so I will up okay so I switched over from the two Investments and I started reading magazines started reading newspapers and annual reports and all those things I started which what a new investor uh start their career with and somehow in 1989 I saved I had saved 35,000 rupees why I'm telling you this this is the outcome of the person who is coming from a stock market family uh okay I I am fifth generation into a stock market and all my uh you know father grandfather were Trader in the market broker I was not a broker so but even then I did not have money uh staying in a rented apartment and 35,000 rupes I was having in 1989 I find out one stock Punjab tractor as Mr Vin said and I invested all that money 35,000 in Punjab tractor so that was the kind of risk I took in that time because I I was habituated of uh living on you know uh hand I was I was enjoying my hand to mouth stat as you can say so that is the kind of risk I took and ultimately after 3 years that uh stock went up five or six times in 1989 I came to Bombay and I started Living in a paying for 2 years and finally I discovered a stock which is uh ACC at that time it was 300 rupees and I found cement was decontrolled government has decontrolled the cement so the after effect of the decontrol has started uh showing all these companies started showing in the results so I bought ACC at 300 rupees for one year it did nothing it moved nothing and whatever money I had sold my Punjab teor as I said it went up five times and whole money I had put in uh ACC so for 6 to one uh one year it did nothing but after that when it started rising and it became 3,000 rupees in next one year so this is the kind of return this is the kind of speed you can see in stock market but you need to you have to be patient I sold all my SEC at 3,000 rupees and bought my one my own apartment in Bombay so that is the beginning of my career after that has MA Camp broke out and stock market is also very famous for a scam every now and then every 3 years 5 years we will find that scams are happening in the market you have to take that take that also in your stride and Market collapsed all my stock also collapsed but my cost price was still uh below than uh the prevailing market price so pricing is also very important in invest if your if you are paying a if your investment price is very low then you can face all this turmoil happening in the market every now and then after that har ma came Market went down then after that market went up again or touched a new height then K par is came Ken parik came it boom came fortunately I could identify one stock which was the name of leading is at 40 rupees it went up to 2,400 rupees I sold my stock at 700 rupees and after that again it came k param broke out which was the mother of all theams and stock market went half I also lost my money but still my cost price was better than the prevailing price after that after that after 2,000 people thought the stock market career is over and stock market is gone 3 years Market remain lull and after then after but the thing is this we are in a rising economy since 79 our economy is rising in spite of all these hiccups and all this these things especially after 1990 because reform started happening in India that we know so that is why stock market is the real reflection of the economy so after 2003 Market again started uh going up during that time as Mr uh V I said I could uh identify five six such a scripts uh which did really well in next 10 years some went up five times some went up 50 times one stock went up 500 times I'm still holding those shares and I still feel now again Market has again uh taking a a toll Market all over the world is again going down because of the banking crisis in India and abroad also and so many other factors that China is not doing well and so many other effect but I think you can understand that whenever there is a there had been a crash in the market market always recovered with a big bang and Market crossed its all previous high and Market went up multiple times than its previous Peak I think again Indian India future is very bright and we are the only country in the world which is rising we are growing at 7% and we India government is going to invest $1 trillion in next 5 years 15 lakh CR we are going to invest in power 8.5 lakh CR we are going to invest in Railway 7 and half lakh CR we are going to invest for uh Road widening projects and uh like this and plus we are adding 200 2 CR people we are India is adding into its population every year that is incremental demand area is going to face according to me we are having a very very bright bright future and we can be benefited into uh investing into stock market but you have to follow certain principles I have written down 10 points for you I think if if you follow those 10 points in your life you will never be at least defeated in the market that I will share you all those 10 points so this is what I want to conclude my speech after this I will take the question answer session because time is very short so can I share those 10 points to them okay so this is what I am following I'm learning and I'm still following create a fixed income from outside the market for your livelihood never be dependent on the income of stock market because it's a volatile business it's a very fluctuative business so better be don't be dependent on the stock market though I did but I struggled for 10 years 20 years in my life so you don't have to go through that kind of phase that is why create a fixed income either this is from your job or from your uh business or from whatever but don't be dependent for your livelihood don't be dependent second thing is being be informative read a lot don't think it's not a cakewalk it's not a magic okay and it's not a it's not a JEA it's not a gambling because stock market rewards you as per your perception if you think it's a gambling then it will prove a gimble for you if you think it's a business it's a platform to uh uh create your wealth then it will treat you accordingly so be informative and read a lot you have to be a maniac so first you should have all the information everything whatever happening around the world you should know because you never know which dot can you connect with your investment something is suppose if Brazil something is happening in Brazil you can connect that dot to your Investments if your suppose your company is exporting something in Brazil and Brazil is going through a bad phase then your company will also be affected so this way you should connect your dots
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