저자: VijayKedia · 외국인
요약 보기
결론: 단기 시장 방향은 불확실하며 지수는 횡보 가능성이 크다는 취지이고, 투자자는 단기 매매 대신 좋은 기업의 장기 투자에 집중해야 한다는 메시지다. 단기 시장 전망: 지수 기준으로는 횡보장으로 보고 있으며 당분간 신고가는 나오지 않을 수 있다고 봤다. 다만 본인은 지수 투자는 하지 않고 중소형주에 투자하고 있으며, 여기서 큰 기회가 있다고 봤다. 중동 긴장, 유가, 트럼프 관련 트윗 등 외부 변수는 예측 불가능하다고 강조했다. 투자 원칙: 내부 요인(좋은 기업 선택, 재무제표 건전성, 성장성, 신뢰할 수 있는 경영진, 조작이 필요 없는 기업)은 통제 가능하며, 외부 요인(유가, 환율, 전쟁)은 통제 불가능하므로 걱정하지 말라고 조언했다. 단기 트레이딩과 옵션·선물 매매는 스트레스를 키운다고 경고했다. 과거 실적 vs 성장성: 과거 재무 실적은 건강검진 결과처럼 기초 자료일 뿐이고, 핵심은 앞으로 얼마나 빠르게 성장할지라고 봤다. 자신의 공식은 기업 내 성장만 보고 투자하는 것이다. IT 섹터: TCS 실적 부진 이후 IT 반등은 안도 랠리일 수 있다고 봤다. 본인은 IT에 투자하지 않으며 Oracle도 보유하지 않는다. 인도 IT는 AI 매출 비중이 약 8%에 불과해 재평가 여지가 있다고 봤으나 대형 IT주는 매력적이지 않다고 언급했다. 유망 테마(RISE): 재생에너지(R), 인프라(I), 보안(S, 방산·사이버보안은 비싸면 하락 시 매수), 신흥 테마(E, 데이터센터·AI·전력)를 제시했다. 인프라는 과거 2003~2008년 급등 후 기업 대다수가 부실화되어 현재 101개 기업이 남았고 밸류에이션이 낮다고 봤다. PSU 전력주: NTPC 등 공기업 전력주는 정부 압박으로 부진하며 고점 대비 20~40% 하락했다고 언급했으나 본인은 보유하지 않으며 추천하지 않는다고 밝혔다. 환율·유가: RBI와 정책 당국이 관리할 문제이며, 개인은 걱정해도 해결되지 않는다는 입장이다. 원화 약세는 해외여행 외에는 일반인에게 큰 영향이 없다고 봤다. 유가는 투기 수요가 많아 장기적으로 안정될 것으로 본다. 원자재 투기: 금·은·알루미늄·아연·구리 등에 투기 자금이 몰린다고 지적했고, 태양광 등 장기 내러티브는 이미 할인되어 있다고 봤다. 개인 경험: 본인은 도박성 투자로 10년간 손실을 봤고 이후 장기 투자로 전환했다고 밝혔다. 경쟁자는 타인이 아니라 자신의 지식과 나이라고 조언했다. 출연자 발언 요약: 시장은 단기적으로 횡보하며 중소형주에 기회가 있고, 장기 투자와 우량 기업 선택을 강조했다. 인도 IT 대형주와 공기업 전력주에 대해서는 신중한 입장이었다.
다듬은 글
Vijay Khedia Sir has joined us today as the host on the huge demand of the audience. Vijay Sir, you are very welcome and if there were people around us here, they would have welcomed you with applause. Welcome sir, thank you very much. For a long time, people and viewers were requesting Sir when will he come again.
So thank you for accepting our invitation. First of all, Sir, I would like to know from you regarding the market that the fear that was there was almost ending. What happened on Wednesday scared me again and the commotion that happened during the weekend, the way the war started again, means again that staying up at night to see where the crude is going, what tweets are coming, that again means a process has started, what do you think now, Sir, this will continue as long as Mr.
Trump is the President, this is an atmosphere of confusion, an atmosphere of fear, hello Sir, thank you for inviting me and I am enjoying the Amar Ujala program, and since it is a Hindi channel, I like it even more and the food in your voice, the first word you said itself, means my soul got satisfied, yes Sir, tell me, so see Sir, it is like this, you should understand two things in the stock market and in the stock market, there are two things in our life too, one thing is in your hands and what you called internal factor and the other thing is external factor, internal factor, just understand that it is in your hands, okay, take care of your health and follow your rules.
When driving, you drive on the left side. Do n't double cross and drive at a limited speed. You cherish every single way you can. You wear your seat belt and after understanding everything, you drive the car. This is your internal factor. The external factor is that sir, despite this, some other vehicle can come and hit your car.
Ok? You might get hurt by it. That is not in your hands sir. You followed all the rules but another vehicle will come , someone on a bicycle, someone on a scooter, some other vehicle will come, anything will come. So this is not in your hands. So then it has to be left to nature because not everything is in our hands.
So perhaps what I have understood in the stock market is that you should look at your internal factors and decide whether you want to make long term investment. Have to go to good companies. In which manipulation is not required. You have to go to companies which have good health. The balance sheet is good.
There is growth in the future. Management is trustworthy. Someone has already made a record or his product has potential. All these things are internal, sir. This is in our hands. We can do this. And you have to keep doing this all the time. Not easy for new investors. They will have to learn this, sir.
Now after that, sometimes it will rain or sometimes there will be drought, sometimes there will be inflation, sometimes the rupee will depreciate and what will Trump do and then what will happen in Hormos, sir, perhaps only God knows this, no one knows. Even Trump doesn't know. Actually, this is the truth because their reaction must be due to some action or the other.
Like yesterday Iran itself said that no, we will not leave. Suddenly while sitting. Ok? So this is not in our hands. So it is not necessary to stay awake at night for this, sir. Sir, what will you do in life by worrying so much about this? You will take care of all these worries. So what will our politicians do?
Then what will God do? I always ask jokingly. If you worry about everything, what will God do, brother? So my advice is not to worry so much. You are so worried about this if you are engaged in trading. Engaged in options in futures. Buy today and sell tomorrow, buy tomorrow and sell the day after tomorrow, sell at night, sell in the morning, then all these worries arise.
The reason to remove these worries is to make long term investments, sir. Invest in good companies and leave the rest to God. We are not keeping the situation like this, sir. Right now everything is dependent on God. People mean that everything becomes calm. One thing settles down, another thing starts.
Something or the other is going on in the market. But Sir, I mean, in the medium term, if we don't go too far. If we take a medium term view. Now, for the last 2 years, those who have taken entry after Covid. He saw a lot of empty creaminess at first. But this period of 2 years in which he invested money in Railways did not stop.
If you invest in defense, there is a rally in between but those who invested at the peak, many people did not make money, for them this little time the power cooled down, so for them the opportunities in many sectors became very weak, how much patience should they show now and for how long should they wait because it seemed that this year would be better than the last year, but 6 months have passed, we definitely made a high but we could not sustain on it, so what should be the view now regarding the market, see sir, it is a little difficult to say because what happens is that I always say this that whatever investment is there, it is also covered by nature.
Understand it like sunshine and shade. Happiness comes into life. Winter comes warm. The market is also the same way. To be sharp, to be cold, to be creamy, to be rough or to have the milk curdled. This is a very common thing here, sir. This is what history tells us and this thing of today is not something new, sir.
This is happening, the stock is ready ever since it is being traded, so for this you will have to be patient and there is only one solution for this sir, if you have only one solution and there is no other solution, that is long term investment, keep a four year view and understand one more thing sir, understand after 2020-21, 22, 23, 24 people made good money, it increased five times, 10 times, 20 times, it may not have happened to everyone, those who were already invested and those who came later in 24, after this temptation, those who came in 24 and 25, they suffered losses, this market moves in cycles, just like nature moves in cycles, sir, this market also moves in cycles, so you have to understand that the easy money which was made in the market in 21, 22, 23, 24 has stopped now, it is difficult to become easy in this market, sometimes it becomes very difficult, this is the principle of nature sir, whatever happens in the country, when When there was destruction, those companies rose after that time.
Ok? This is how it happens. Just take Japan as a market example. Take any country. The market also has such a principle. When the market faces a very serious crisis. Everything sinks. It feels like the world has ended. Like it happened in Crisis. After that there is a big boom in the market. And when there is a big boom in the market, the market becomes euphoric, there is madness.
After that the market crashes. We then manage to recover and the market moves sideways. So, the current state of the market seems to me that if you talk index wise, it is a sideways market. It will probably go on like this some more. New highs may not show. I think so, but I don't even have an index investment.
I invest in mid cap and small cap. I feel there is a big opportunity there. I think you will still find such shares among them. Whether the index increases or not, whether it increases less or more. But these will be some of the shares that can give you multiple returns in the next two-three years or four years.
So for that it is more important to stay in the market and keep studying the market and keep investigating the companies. This is not necessary for new investors. It is not easy for them. If it was so easy then sir, see everyone here becomes rich. So for that you should invest in mutual funds and learn and then work.
We are right in saying this. Many markets may not have worked. A lot of money was seen being made in many stocks. Just the day before yesterday, a spectator had come. He had crammed in 220 or 240 with a BS. Just 3 years ago that he bought it. So there also you will see that many stocks related to the capital market performed very well.
Now these stories like Cupid also come. However, that valuation becomes quite expensive. He does n't understand where it is expensive because he keeps going, going and going continuously. So this is a little difficult to handle. Sir, if you want to identify a share, what is your process ? Although a common man will not be able to do it that way, but still how will he know that he sees potential in this company or this sector ?
It is like this sir, if I can do it then anyone can do it. I am not saying this with any humility. But that requires experience. You will tell me that I can do it as I said, anyone can do it. This does not mean that it can be done in six months. It will take two, three, four, five years, sir. When I started, there was no data available.
Right now all the data is freely available so it depends but what do you see in that data, what do you search in that data, so this is it sir, so I feel that sir, it is not that difficult and it is not that easy also, you should understand this also, for this you will have to get involved, you will have to sacrifice your body, mind and money, you will have to just give time to understand the market, to understand the companies and the formula that I derive, my formula is very simple sir, I only see the growth within the companies.
I do not buy any company based on its past performance. Past performance, like I give examples at many places, suppose sir, today I am going to get a blood test done. Today morning at 10:00 I gave blood test and said yes brother please do a complete analysis of my entire body. Tell me what my parameters are, whatever they are.
And sir, what happens is that after that my report will come tomorrow. But yesterday, my report which came today at 10:00 am is in the past tense, isn't it, sir? It is the result of whatever I ate, drank, smelled and did in these days, isn't it, sir? If I had done something wrong in these 24 hours, then my report could have gone wrong, but this is a basis, this past report is a basis that yes, my health is not such without any external factor that like I said just now, if an accident happens, apart from that, I am probably fine and healthy, so this will do for me, we get an idea.
Similarly, in the market also, Sir, the past performance, Sir, the past balance sheet tells you whether the health of this person is very good or there is a problem. But now you have to see that along with good health, what fours and sixes you hit. How do you use your good health and how do you grow?
So my entire base remains the same in every company. How will it grow further? How fast will it grow? When I feel that yes, this company can grow more than its competitors or other sectors, then I invest money in it. Similarly, that formula is also my smile formula which you all know. So this is what I use in this sir.
Small in size, Medium in experience, Large in ex-aspiration and Extra Large in market potential. So this is it sir. Very [sound of clearing throat] brilliant sir. And this is the reason why the word smile that you mentioned is always visible on your face and it is right for people that one should not live life with too much stress.
Moving ahead, Sir, I would like to understand one thing like there has been a very tense situation regarding many sectors, especially regarding IT. But now the way the results of QN have started coming. We saw the results of TCS. Should IT stop ignoring it now? He has shown a lot of under [nasal sound] performance.
What is your view regarding IT, should we stay away from it for now or do you think that in the meantime we should focus on mid cap or large cap. Would you like to comment on the valuation of IT right now? Sir, it is like this in IT. I did not work in IT. I did not remember it in two, four, five years.
Did something during Covid. I took something in 202. I took some Oracle but I left it thinking that Oracle is doing very well, so I do not have any holding in it right now and apart from that, I do not remember doing any work in IT in the last four years, I do not even feel like doing it sir because the situation is changing, the environment that has been created regarding AIVI, that situation is changing.
Right now, I think the rally that we are seeing in IT has come because the shares have been very beaten down. Comparatively, things got much worse. Understand that in comparison to others, three shares of Rs 30, 40 and 50 are available in the defence sector. These IT guys started coming around 1215.
So this seems like a relief rally to me. I may be wrong as well. I am not a consultant, sir. I am empty proprie Yes yes I have my own opinion. I may be wrong too. I am wrong too. And I don't manage anyone's money either. I don't even do brokerage. I don't even manage any funds. I neither take nor give loan to anyone, so Sir, I neither take loan from Udhav nor give loan to Madhav, this is what is said in Hindi, Sir, if our accounts are like this then I will not work in IT, apart from this, right now I feel that Sir, there is going to be a huge opportunity in these small companies, in small cap, mid cap, micro cap, because the new innovations that happen, Sir, are done more by small companies, let me give you an example for your viewers, like right now there is talk of AI everywhere, but till date none of our companies has produced even a single product in India.
Just think, we have a history of 30-40 years of IT. We just kept providing service. That means we continued doing labour jobs. Till date we have not developed the product. If we look at this, this is a very important point of our India. But our product is never good because our RLD is very weak sir.
Our ecosystem is not where we spend on products. Our industries also see that let's import , do this, make our own jugaad, our work gets done with our jugaad. So this is another issue, sir. So I feel that now even the IT people have become conscious and everyone is engaged in saying that yes we too should improve, they have a lot of money because these are cash rich companies, all IT companies, but what I told you sir a while ago that they are cash rich companies, so I have an old history, the money that you have in your balance sheet or the cash that you have, this is the history, this is the proof of this, what I had said before that they get laboratory tests done, this is the proof of this, after becoming so cash rich, these people do buyback every year but the valuation of their shares is cheap.
There has not been such valuation in 20 years. Why? Because future people think whether this sprint will run or not. Will this healthy man do something amazing or not? People think he won't. But consciousness has awakened in them. Like TCS has also said that it is going into AI etc. and it has started it with great fanfare.
But today the ratio of the total turnover which is related to AI is only 8%, sir. 8% empty. So 92% still comes from elsewhere, from the service. So, whenever after a few days people start feeling that 8 is becoming 12, 16 and 18, then these shares will definitely get rerated because those who have money can spend the money, do RLD and develop the product.
Foreigners can also collaborate with them and say, let us help you. There is a little long hole. Right now, these listed IT ones are high, whatever they are called large cap. I do n't have any personal interest in it. I may be wrong too. And you have limited money, right Baba, you have to find 10 ideas, brother, it is not necessary for me to find 10 ideas to earn money in ITCS, I invest in them, after that I can enjoy, what is the point of doing it, sir, whenever you come, many people want to know, want to understand that brother, if there cannot be much stock specific talk, at least there should be something through which people can get an idea, the sector you said, like in many sectors, there are good opportunities in many mid cap, small cap and they are visible also.
Sir, is there any sector or theme that you like and you feel that you should pay attention to it or you should look for good shares where there is good valuation. Capital market shares moved well due to different themes. Groo walked away. With the arrival of new shares, there was good momentum in Samman Capital.
BSE is gone. CDSL is running. In this way, which sector do you think is the place where the next rally can be seen ? So sir, in this I have just found a formula. I have created an acronym which is not called formula, I have created an acronym which I named Rise RISE. So I like these shares. For one, R stands for renewable energy.
I also have investments in them. There is an unlisted company in renewable energy and two-three listed companies, so I like the shares of renewable energy very much. I think his future is bright. But they should keep in mind that there may be competition within them because many people are increasing their capacity very rapidly.
So the market is never in a state of 100% uncertainty all the time. Uncertainty always exists in the market. Investors should understand this. That's why I say if you can't drive yourself then hire a driver. This means invest in mutual funds. And don't get influenced by what people say. Nothing can be made out of it.
Less and less money is made. It is not made percentage wise. Do n't get carried away by all this nonsense. If you do n't know how to drive and you want to drive, then sir you will have to hire a driver. Even a driver can cause an accident but you will cause a worse accident because you don't know how to drive.
He'll at least have a somewhat safer, less gravity accident. You must understand this and proceed further, you have no other option. So RISE stands for renewable energy and I stand for infrastructure, that development of any company or country cannot happen without infrastructure. We are also far behind in infrastructure.
There was a huge infrastructure boom from 2003 to 2008 and infrastructure shares increased 20, 30, 50, 100 times, sir. After that the cycle got damaged and there was a lot of competition from many companies. Many small companies also came. Now everything has been destroyed. Everything is over. It has stopped.
The default has happened. Something is left. 80% of the companies in the sub NCLT, 70% of the companies went to the smaller NCLT. She has just come out of it. 101 companies are left. I think they have a good future in India. Right now they are working at good valuations. There is less competition and less people to work.
So one should find such a company among them. Sir, all types of companies come under infrastructure which build dams and bridges. Understand that I like one like this, RI and S stands for security sir. There are also good defense shares in it and it becomes physical security in it. One is digital security, like cyber security companies, I also like them sir.
But if it is not cheap then you will have to wait or you will have to understand that maybe it will remain expensive so I will buy it at a higher price. You will have to compromise with your mind. And the last E means emerging theme, sir. Understand that the data center people come inside it. The capable ones come , the powerful ones come and this power actually comes in the infrastructure.
What I said about infrastructure also includes power, sir. Yes, and inside R I wrote renewable, solar and hydrogen and you can understand that whatever will be there in wind, it will come in R. Power also came into infra. There is going to be a huge demand for power. There is going to be a power shortage.
So he also came into infra. Those who build and operate power plants, those who maintain them. So the last emerging theme that I mentioned is data center, AI. But not many companies are listed in it yet. So even if it is there, it is very expensive. These should be kept in mind in these sectors. Because when the market falls and there is a huge panic, it should be taken at that time, sir.
Um in the fall, good opportunities can be found here which ah sir is liking. It has renewable energy sector. We keep discussing a lot about many shares. The infrastructure looks good. Apart from this, defense stocks are looking good in security. It is advisable to buy in the fall. Ah, cyber security companies are good but expensive.
After it subsides a little bit, you can see the opportunities [nasal sound]. Good opportunities are visible here in the power sector. And certainly the way temperatures are rising every year, there is still demand here. Okay sir, tell me one thing, now you mentioned power or anywhere if you can answer, then the temperature is increasing a lot every year.
The demand is increasing. But the power sector stocks, especially PSU stocks, are not performing well. So then what do you mean, do you feel that more focus should be given on private matters? There is pressure from the government on PSUs. That's why he is not able to perform that well. Sir, will you solve some puzzle regarding this?
Look, this is a matter of great surprise, the topic you have raised is a matter of great surprise, sir. I also think about this many times and tell you the names of similar shares. I am not invested in it. Let me tell you this first. Like NTPC. Yes sir, such a company cannot be formed in India. You understand, it doesn't work, sir.
The heart is not moving but is fallen. 30-40% drop from the top. [sound of clearing throat] The price was 220.25 just a few days ago. Right now, maybe something or 200 or 325, I do n't remember. It still fell by 20-30%. Such a company cannot be formed sir and I do not recommend it. I haven't even taken it.
I am telling you but it is on my radar. This is Power Grid Corporation, sir. It cannot be like this. There is going to be a grid shortage. It is said that as per the number of solar plants that are coming up, other plants will actually put the electricity into the grid and this company expands by Rs 25-26 crore every year.
But most people do not have faith in them, sir. Because whatever we mean by government, wherever there are government companies, we all know that there is a huge bureaucracy there, Sir, decisions are not taken in government companies, such decisions which they have to take within 15 days, even those get delayed Sir, many times when I read any of my conversations, any interviews, someone says, I wonder how this country is run, then it does not matter, it is not in his hands, so I also feel like this, when will it happen, but now understand the other thing like this, Sir, I contradict myself on this matter.
All the shares of FH are private, meaning majority of the shares are in the public sector rather than private sector. If you understand, then within three to four years, BGI Hindustan Aeronautics and BHEL and BL and many other shares, sir, have already gone up. But there is no answer to this question.
The point of this is that if you understand them then brother, you should hold them. Maybe their time will come someday. If the shares are cheap then their time will come someday. The time will definitely come. Sir, since we are talking about time, we would also like to know the time related to railways.
When will their time come? I started talking about the bullet train. Now talks are going on to finalise the date. The trial is about to begin. I mean, we are getting so many orders also. But she thought the same thing about the Railways also, whatever had to be done, it was done 2 years ago. Have they become so expensive that despite all this, people find them expensive?
Sir, will you comment anything regarding the Railways? I don't focus much on them. I have not even taken any shares of the Railways. But the formula seems to be the same in that too. But as far as the bullet train is concerned, sir, what is a bullet train ? The entire Japan is being built by Japanese people there.
So their work is time bound. If they have to complete this by 31st August 2027 for example, they will complete it, otherwise people will not come to your country, so all the companies related to them, sir, they will benefit. Similarly, there is a huge expansion going on in the railway lines, sir. All the lines like Vande Bharat are being spread here and there, more tracks are being laid every day, so their future is bright and the shares had become expensive, sir, ultimately the thing is that right now some shares are available for Rs 40, that too is a PSU, some shares are available for a PE of Rs 8, that too is a PSU, so right now, but I feel that their future is bright, sir.
It seems to me that this is also related to infrastructure, sir. These railways etc., airports have come, all of them come under infrastructure, their future is bright, sir. We, one, when you do so much analysis, you also mean, okay, you do not take that much tension, but still they think about the rupee, about crude, sir, where will this go?
I had never seen so much volatility, sometimes something happens, sometimes something else happens, I mean, how will you do the analysis? Because you do some analysis today and at night a tweet comes about the exact opposite situation. So now it seems that things are improving, then it turns out that yesterday the situation changed.
These things keep changing, so what is your view on the rupee and crude? What would you like to comment on this, sir? Sir, the view is that let RBI think about Rupee and Crude Sir. If you take on all the worries, all the concerns, then tell me how will you live your life? This is the character of a man, Sir, generally we keep searching for sorrow for the majority of people.
We do not seek happiness within life. We keep searching for sorrow. They keep looking for points. What all will you uproot, sir? If I say in slang, 100 will become 90, I don't have anything in my hand, brother. What will you do in this ? And as a citizen, as a normal citizen, you understand that if my currency becomes 100 rupees, then tell me what difference will it make to me, unless I am going on a foreign trip, it is fine, it does not make any difference to me, yes there will be inflation, the things that are being imported will become expensive, if it happens then it will happen, sir, that is not in our hands, why are we in the stock market with so many worries, tell me one thing, a shopkeeper who is sitting and running his shop, he must be selling only shoes inside his shop, will he sit and see the price of crude every day, sir?
What happened to this crude? What happened to this Rupi? There may be some chemical in it too. If you go to the bank, it will also have some impact on crude. All these things have an impact on crude. So there are no answers to these things. Whatever happens, let it happen. I told him that by saying this to myself, look at the company's [sound of clearing throat] past, his health is good.
Will it grow in the future ? So, in order to grow in the future, the company's past is good. If there will be any small problem of crude or rupee, if its past balance sheet is good, then it will be able to survive it. Sir, 10 years, 12 years ago, crude was $135. If you look at it, then understand that the country keeps moving, Sir, all these things keep happening.
In between, it was still $15. A month and a half ago, it has come back to $ 80 and this will continue. The whole world is engaged in speculation, Sir, you should understand this. The whole world is engaged in speculation. Sometimes speculation is going on in aluminum, sometimes in zinc, sometimes in this, sometimes in copper, sometimes in rupee and sometimes there is a lot of speculation in gold and silver as well.
Think about it, gold and silver have increased three times every year, three times to five times. Brother, it is being invested in solar. It has been being invested in solar for 20 years. Brother, it is not new today. You are selling the narrative today. So, when the narrative starts coming, Sir, you should understand that it is going to be discounted.
Once its long term future is good. Yes, you I just said one thing that everyone is doing betting, sir, you mean sir, maybe in our conversation or somewhere else you had mentioned that you too had made a huge loss in betting. So, when you first started your career, you also placed some bets. So what did you learn from that when this time I was told that it was time for you to leave.
So sir, please share some of your experiences. Those who are still trading or some people may have had very good experiences. Bad for some people. What did you learn from your bad experience? No, whatever I am saying right now, whatever you may understand, to new investors, to small investors, whatever you may call it a lesson or a friendly advice, whatever he says, he is a victim, as it is called in Hindi, that victim is saying these things in front of you.
I have never seen all these things anywhere. These are all the things I have felt. So I did not speculate anything else. I spent 10 years of my life in gambling and even after 10 years I did not have even ₹10,000 left. Then I realized what happens in my entire life, sir, we say your competition is not with others.
It is not from the third one. You are by yourself. I want to say one more thing, sir. Your competition is not with yourself, that is, you, but with your knowledge. It is also of your age. It is also related to your age. The competition you have to face today will change its status in 20 years. This is what I mean to say.
So what happens is that after working for 10 years, when I get a release, I am not able to save even ₹100. I come and go, I come and go, every day I come, Ram, go, Ram, this is what is going on. So he said, what business am I engaged in brother? My whole life will pass by doing this. So you can understand its gravity that ₹100 was not saved in 10 years.
Then I reviewed my life a little, what I did and what I did not do and realized that maybe I should invest, so what sir, people learn only after facing setbacks, no one learns like this in life and the good thing is that I faced so many setbacks that I gained a little knowledge from it that yes brother, I understood that I have to invest myself, there is something wrong in investment, but I have to do long term investment.
Then while making long term investments, I also understood that no brother, a company with history which is very big can fall sick tomorrow. Something will suddenly change. There will be a problem with crude tomorrow. There will be problem in Rupee. Understand that 80% of it is being imported. That company will face problems.
So it is also understood that one should not invest in a company just by looking at its history. To see its further growth. But a strong balance sheet suggests that minor illnesses will occur. If there is any minor cold, cough, fever, flu etc. then if the body has good resistance power and immunity, then it can bear it and remain standing.
Sir, whatever I am saying to you, I have shown you this by peeping into my life from my entire life. So whatever I have understood, I am sharing the same with you. Of course sir, it's great to be with you. It means you feel like you should keep talking and keep being heard. But now there is a time constraint, sir.
I am being asked to end the program as I am busy, but before leaving, Trump saheb, crude rupee, all these series that are going on, if you could write a couple of lines on them, sir, because you also keep showing your creativity, keep humming a couple of songs and we keep listening to you on social media and on your channel, it feels good, sir, so if you could write something on these, sir, or regarding the fluctuations in the market, sir, I had written something for Trump, the second stanza of it was like this, I wrote that it is good that you woke us up, we also awakened the sleeping power, now we will find new ways for a developed India, now the time has come, we will take a breath only after reaching 47 and making India the number one country, we will only breathe, breath is creation, then history, then history, sir, if you could tell me a little about its tune, sir, I don't understand, I mean, you have such a good voice, just a couple of lines, if possible, before thanking me, sir, it is good that you woke us up, we also awakened the sleeping power, now we will find new ways for a developed India, now the time has come for a developed India We will take a breath only after reaching 47 and making India the number one country.
This is creation of history, then history. Very wonderful Sir, very wonderful. May the blessings of Mother Saraswati and Mother Lakshmi remain upon you. May your voice remain fresh and may your knowledge not only benefit you but also all our viewers and those who are listening to you. Thank you very much sir, thank you very much.
Like every time, the only request will be that whenever you have time, please give me some time. It feels good to talk
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