Vijay Kedia's Secret to Big Investments: Conquering Market Uncertainty with Conviction

요약 보기

Vijay Kedia는 불확실성은 항상 존재하므로 두려워하지 않고, 업종 내에서 덜 두려운 주식을 찾는 것이 핵심이라고 말한다. 30년간 거의 100% 주식을 보유해 왔으며 2020년 3~4월에만 약 5%를 현금으로 보유했다고 언급한다. 투자 전 2~4년 이상 기업을 추적해 확신이 생기면 한 번에 매수하고, 가격 하락 후 후회는 감수하지만 상승장에서 빠져 있는 후회는 견디기 어렵다고 말한다. 대규모 투자는 확신이 큰 경우에 하며, 코로나 시기에도 전액 투자 원칙을 유지한다고 밝힌다. 구체 종목 가격 전망은 없다.

다듬은 글

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01. in these times of uncertainty how do you get the conviction to put big money to work so uh Frankly Speaking it doesn't bother me I'm not worried about those uncertainties the idea is to find shares which would do better than others investing is more of an art than science the gifted artist vij Kia has picked more than 500 Baggers so far in his celebrated investing career picking 100 Baggers is not a small thing because I'm thrilled and proud about myself just by pick three five Baggers and one miss 30 bagger in my short investing career and how do you think you can acho it there might be many ways to do that but VJ K says that the secret source is conviction the conviction that the business will do better than its peers and gain market share consistently over the years and more importantly one should have that Fearless attitude to ignore the day-to-day fluctuations in the stock buers let's listen to him how we gets that conviction to invest large sum of money I just want to understand from you um people or large investors like you make big money when you bet on something with conviction right conviction to you bet maybe 2x the amount that you would bet in a low conviction stock for example right I'm just Loosely using the term so in these times of uncertainty how do you get the conviction to put big money to work or is it that right now you're not putting very large money to work you are buying but you're buying small how are you doing it no I'll tell you nas one thing I have realized and experienced in this market that there is always uncertain uncertainties right gravity could be or degree of unist could be large or small or something but when you are absolutely 100% sure in the market so usually it happens when you are at the peak of the cycle otherwise there is always fear in this market so uh Frankly Speaking it doesn't bother me I'm not worried about those uncertainties the idea is to find shares which would do better than others right where you have less fear than in the field or than in the sector where there are more fear this is what our job is so accordingly I am planning uh my investment vij Kia is known to have 100% invested for the past 30 years of his investing career however shockingly in March and April of 2020 he had cash in hand somewhere around 5% of his portfolio that should be around 50 crores the main reason he gives for staying 100% invested is Regret he says I'm okay to regret when the price Falls after investing but I can't bear the regret when it goes up without me completely invested don't think this statement sounds like a foro because V Gia before he could invest in any stock he follows the company for at least 2 to 4 years and in many cases more than 5 years in our case we rarely or never do that and 2 to four years of accumulated knowledge about a company gives him enough conviction to buy the stock in one go because the degree of uncertainty may be high because of covid-19 that you are not betting 100% you might be betting maybe 60% or 70% of what you usually would do I don't do I haven't learned that kind of thing I have learned one thing yeah learned one thing K give your 100% or don't give your 1% also even 99% is 1% only you know it's like love you love then you love 100% that why don't love so somehow I haven't learn that thing that so this is what huh okay no sorry so I have a followup I remember um like honestly it just came to me right now that when we were doing the first alha that you at times are happy if after you buy something it falls down that whenever you buy Things fall down yeah right yeah and then you tend to buy more so therefore my question that in the current times when uh because of your track record because of the fact that there is covid are you therefore buying maybe for starting off are you buying maybe 15 20 25% or are you kind of buying a lot more no I will tell you I haven't uh improved myself on that subject okay because yeah why why I will tell you because what for your viewers why what happens like like suppose if I buy something and I said that whenever I buy after that market Falls once okay so suppose if Market does not fall you see there are two kind of things I buy and stock and the share price Falls okay and if I buy or if I buy less and Market does not fall or the stock price does not fall and it goes up so that pain would be you know you more to me I then I would really have my night you know sleepless night car should have yeah VJ kadia shares that he doesn't let uncertainties bother him focusing on finding shares that outperform others his investment approach centers on conviction in businesses gaining market share and fearless attitude amid Market fluctuations kadia emphasizes the importance of giving 100% conviction when investing even during uncertain times he acknowledges the potential for regrets but prefers regretting a price fall after investing than missing out on potential gains despite Market fluctuations and covid-19 uncertainties kadia maintains his commitment to investing with full conviction