Vijay Kedia is a person who was born in a stock-broking family and considered stock marketing as his first love, when he was 14 years old, his father died and then he started his business with his grandfather. Thinking of pursuing it, let’s know about his career, how he became a successful investor in his life.
Career
As we told you that he used to look after his home business but when he turned 19, he thought of earning money in trading in the stock market, after which he made a good profit for 1 – 1.5 years and he started to understand it easily. But one day he lost a lot, he lost 70000 in just 2-4 days, after which he had to sell his mother’s jewelry.
But he handled his loss and after that, he made up his mind to quit trading and went to Kolkata where he started the work of supplying tea garden material but he did not get satisfaction and he started trading again and then he lost back And in 1989 he quit trading.
After that, Vijay Kedia thought that first, I know about it very well and he started investing in which he used to learn from his mistakes and one day he came to know that his friend has lost in high – PE ratio after which He thought that investing in high PE ratio could also be a risk, after which he started taking knowledge about businessmen, started reading business newspapers and he used to check annual reports and also he saw interviews of CEOs and managing directors used to
Then he came to Mumbai in 1989 and started his first stock investing in Punjab Tractors with Rs 35000 and after 3-4 years he sold the shares and he got profit after that he bought 300 shares in ACC and sold it in 3000 after which he Bought an apartment in Mumbai but after that, he lost once again.
After which he bought a share of Rs 14 in Logistic and sold it for Rs 500 where he got a return of 400% and made a lot of profit
After that, he bought a share of 10 rupees from Atul-auto and after 4-5 years sold it for 500 and today he is investing as a successful investor, it tells that to become a successful person, there is proper knowledge, courage and It is very important to be professional.
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