저자: HarshGoela—영상진행자이자VijayKedia강의요약자 · 외국인
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Vijay Kedia의 투자 교훈 5가지를 정리한 교육 영상으로, 특정 종목의 가격 방향에 대한 예측은 없음 [투자 철학] 초보자는 단기 수익을 바라기보다 리서치 과정 자체를 사랑해야 한다고 강조 초보자에게는 뮤추얼펀드가 현실적인 수익 방법으로 제시됨 [필요한 3가지: 지식·용기·인내] 지식 없이 상승장에서 얻은 수익은 하락장에서 용기를 잃게 만든다고 설명 리서치로 펀더멘털을 확인하면 확신과 용기가 생긴다고 주장 인내의 예로 Sudarshan Chemicals 10년, Tejas Networks 5~6년, Vaibhav Global 6~7년 보유 사례 언급 [최고경영진 평가 기준: 정직·갈망·영리함] 정직성은 사기·범죄 연루 여부와 과거 이력으로 확인 갈망은 위기 시 CEO 인터뷰 태도와 연차보고서 비전으로 확인 영리함은 좋은 회사라도 하락하는 칼을 잡지 말고 상승 전환 후 진입하라는 의미 [기업 선별 기준 SMILE] Small size, Medium experience, Large aspiration, Extra large potential의 약자로 소형·성장 기업 선호 사례로 Repro India(시총 약 533~547억 루피)를 언급하며 경영진의 야심을 강조 [엑시트 전략] 정부 규제 변화, 핵심 경영진 교체, 사업 계획 급변 시 매도 고려 [마무리 조언] 여러 투자 대가의 견해(Soros, Dalio, Lynch, Jhunjhunwala 등)를 모두 듣고 자신에게 맞는 방식을 찾으라고 권고 [언급 종목 방향] 특정 대상 자산(삼성전자, 엔비디아, 비트코인 등)에 대한 가격 방향 예측 발언 없음
다듬은 글
Vijay Kedia sir He is a famous Indian Investor He is a living legend and He is the same person whom we are following for the past 6 months to invite him to our Podcast Say whatever you have to but Vijay Kedia sir is one of my stock market Gurus I consider him to be one of my stock market guru I have learned so much from him I can't even tell you Just by listening to those interviews You'll feel like you got the Degree Today I am making your work easy I am going to tell you the 5 lessons that I have personally picked from Vijay Kedia And you can immediately use it in your Portfolio Hi guys!
my name is Harsh Goela I am an Investor Trainer and mentor in stock markets! And today we'll talk about 5 lessons of Vijay sir Now you might agree with Vijay Kedia sir or you might be someone who disagrees with Vijay Kedia sir, which is fine It is not a compulsion that you have to follow him It is fine but in the end, I'll tell you this thing that you must know so watch this video to the very end!
Lesson-1 is his belief system Now what Vijay Kedia sir says Rome was not built on a day But Heroshima and Nagasaki were Destroyed in a day! Remember that Nuclear bomb He says if you new to stock market And this is specifically for newcomers If you are new and thinking to make the money double in a day etc etc You can't play this game for too long You need to love the process of research work and if you are a trader It doesn't mean that you just have to trade and no need for any research and all, NO!
You should know about the company You should have in-depth research of the technical patterns of the chart of that specific company, so you don't need to love the results, but you need to love the process of it So what Vijay Kedia sir says, if you are new comer then the best way for you to earn in stocks is Mutual Funds and remember this Love the process not only the results Lesson-2, What do you need in stock markets?
according to Vijay Kedia sir you need 3 things Knowledge, Courage & Patience and these are very Big words I'll simplify it in a logical manner and I'll try to express the same emotions that I portray from Vijay Kedia sir through watching the interviews What does he say about Knowledge? It is like this, let's take an Example There were 2 guys Ram and Kishor They both were friends, both of them had an interest in stocks, Ram thought textile Industries is doing good, He heard 2-3 tips and rumors He bought Adinath textiles, on the other hand Kishor, as he just started now so can't do that much Fundamental research, as it takes time to grow, so he just saw little bit of profit/loss, Balance sheet, etc Broadly it was ok, so he chose Avenue supermart, which is De-mart Ram chose Adinath textiles,Kishor chose De-mart This is the Graph of Adinath textiles let's assume both bought at a same point And this is the graph of Demart Then clearly you'll say both have earned enough which is good!
now over here, Don't confuse brains with Bull runs Don't Confuse Brains with Bull runs why,because lets check their profit and loss This is Adinath textiles profit&loss statement As you can see 2020,2021 TTM, Trading Twelve Month have no sales This company is not making any revenue At least through its main source of operations On the other hand this is P&L of Demart you knows about it ,it is today's generation company,Its brilliant!,what will be the effects?
That if you don't have the knowledge then you can survive in Bull run like many people surviving on it for past 2-3 years everybody survived in Bull run but Second point is Courage knowledge was 1st then courage You won't get any Courage because once The Bull run ends then companies like Adinath textiles and there are so many more They will drop down Then the courage goes out of the window!
Now what you think as passion generally saying see around you and you'll see people saying stock market will run the world stock market is a passion and all This is the story of every Bull run What will happen when this share will fall and keep on falling,what do you think Ram will ever trust stock market,NO he won't if your friend were in place of Ram They will never trust stock market again And let me tell you the reality you won't just abuse them in normal manner You'll innovate some new abusive words That even you'll be shocked for stock markets It causes that much anger so the second point Courage You'll not have any Courage to Invest Till the point you have some knowledge now in case of Kishor,he invested in demart When the markets will fall ,Demart will still remain in control, as it is Fundamentally strong That will give him courage to research more to move forward,this is trust and courage That will make you believe in it There is a saying, Nothing succeeds like success For once if you'll do proper research, Then your confidence will boost and ultimately you gather up courage to be in the market And 3rd thing of Vijay kedia sir is Patience,now patience is a very Big thing Harsh I am patient !
now If i'll tell you the real meaning of patience stock market needs that much patience That parents have for their Children I've seen many times that if somebody's child got any problem,Handicapped,or study problems Parents will hope one day they'll do good,Patience! one day they'll learn and be good Your Mom&Dad have so much patience for you you know it!hoping one day you'll learn you need that level of patience in stock market That is called patience, One day ,one week of waiting is nothing Now I'll give you example of Vijay Kedia sir He tracked Sudarshan chemicals for 10 years and he just didn't forget it after investing , NO He tracked Sudharshan chemicals for 10 years, and Tracked Tejas Network for 5-6 years Vaibhav Global for 6-7 years This is what Patience is You have to have some knowledge only then You'll build up courage and with courage you ultimately learn to be patient !
Lesson-3 top level management Now you all know top level management is crucial There were so many businesses which were good but after top level management degraded,then Game over! So here the challenge is to analyze top level management is difficult! As it is not like mat's formula 2 is good,3 is bad ,nothing like that so how can we do it?
now what Vijay kedia sir says about this There are 3 characteristics of a good top level management-Honest,Hungry&Smart Honest,Hungry &Smart now lets elaborate it 1st Honesty you'll see You have to see that the top level management whether they are involved in any Fraud, or Crime,Do they have a bad past?
All you can find on Google, why is it ,this means a man who was bad in past can never be good He still can be good but probability is low so checking their history is Important Secondly ,are they Hungry or not? How to Find it, according to Vijay kedia sir he says whenever a company is in trouble or in any problem like Covid or panic,then look at the CEO's Interviews Read their statement in Interviews Whether they are calm or not ?
Because if they panicked in problem that means He is not a good CEO,you have to be calm And i have learned this form Vijay sir and also happened in my life that Whether i am best in stock,do i face loss Of course not! Even i fails sometimes badly in stock market and there are points when i fell like Throw computer out of the window And there are some points when i get angry but My target is to reach 1st 15 investors of the world And i will make it for sure!
so when i think about that, I feel no problem lost this time will succeed next time So same with the top level Management If top level management's goal is clear,if They are hungry that i want to reach the top position in any desired field like top chemical industry,etc etc Then management automatically remains calm So this is very important and how do you find it about management,you can see their Interviews Youtube,Google have everything How do you analyze their management?
by checking their annual reports,you can check the management and vision of company there and those articles are highly edited But still after reading them you'll get a sense There are many videos where you can find and after you read the management report you'll get the sense how much this company is rising Do one thing read 2 companies management report Only read the management report take time as it is complicated sometimes but atlast you'll get the sense that Which business is more hungry?
and this is very Important and 3rd thing see top level management should be Honest,Hungry & Smart What does Smart means? it means You have a company's product is good and business is great Top level management is best You are satisfied!, according to you They are Honest,Hungry so Will you invest in that company ?NO!
You have to be smart about it! You will invest in that when stock's price will take a U-turn Never catch a Falling knife You'll always go in a bus starting from below If you want to go Nanital or Masoori Then you'll board the bus going up not the one going down ! That rising bus And if you likes the bus,then don't worry Just wait,that bus will go again Then you can board it , So this is the logic Now move on to point-4 Which is Identifying the company According to Vijay kedia sir, How does he identifies company?
They have a simple rule i.e SMILE This abbreviation stands for Small size Medium experience Large aspiration & Extra large potential Vijay Kedia sir likes these types of companies I'll tell you an example given by him He had invested in Repro Repro had 533 crores capital when i was waching it Now when i checked recently,it is 547 crores So its a small scale business i would not call it a blue chips by any means Only by looking at the market capital Now according to him management is very optimistic and ambitious According to MR.
Khera The Executive director of Repro India He says that he sees a market potential of 12k crores in 2022 They want to be no.1 in Printing and stationery This is what Vijay kedia says, This is what he loves in a Company SMILE ,Now point-5 is The exit strategy What is a Exit strategy? Now that we have bought the shares So just now always stays there ?
NO! Exit strategy is even more Difficult HOW? You will have to have a lookout on your share How to lookout? Some Government changes are happening some rules & regulations are changed or some Quitting top level management, Changing it,company changed its plan suddenly That is the time you should come out of that company!
Now we are done with 5 lessons But now there must be many people some will say Vijay kedia sir is best , I'll listen to him ,if you are in this category Then you should definitely watch the Vijay kedia Portfolio! I'll provide the link in the description It will open a window where you can see, Which share does he own and if you'll Google You'll know the reasons that why Has he bought those shares?
so if you likes his advice,I think these shares and his portfolio will help you a lot! And the second category of people who'll say I don't believe this,it doesn't work for me Well ,you are right ! because Here comes the most important lesson What we all do?,we try to look up to Big stock market investors,try to read books or try to read this and that and just wants The right answer,that if Harsh is right Then I'll only follow Harsh,but if you Do this then it is you biggest mistake Vijay Kedia sir is saying something George soros sir says the opposite Ray dalio says something, Peter Lynch says opposite Sourav mukherji says something Rakesh Jhunjhunwala says something else So who is right and who is wrong?
There is no one who's right!, NO one who's wrong! You need to listen to everyone and see Who fits you the best! After this i Highly recommend you To listen to Shankar Sharma sir I had a Podcast with him and i asked such question You'll have Fun,must watch this
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