Nikhil Kamath News

Zerodha Co-Founder Nikhil Kamath believes investors should not get carried away in a bull market if it lasted longer with low volatility. Sharing his views on Twitter, Kamath said it is it's more about not losing too much in the bad times and not making the most during the good times. "Bear markets are significantly more dramatic than bull, if this bull run has lasted longer than usual and vix(volatility index) is at a ridiculously low level, don't get carried away," Kamath wrote on Twitter.

Zerodha Co-founder Nikhi Kamath said in a tweet. In his opinion, one should not lose too much in bad times and focus on making the most during good times. "#Bear markets are significantly more dramatic than bull, if this #bull run has lasted longer than usual and vix(volatility) is at a ridiculously low level, don't get carried away...," Kamath said.

Entrepreneurs spend years transforming their businesses but sometimes can miss the tell-tale signs of downfall. The same happened with businessman Vijay Mallya, who is absconding after he was unable to pay his debt of Rs 9,000 crore ($1.1 billion).Kiran Mazumdar-Shaw, who was named in the 100 most influential people of the world list in 2010 by TIME magazine, recently revealed on Zerodha co-founder Nikhil Kamath's popular podcast series 'WTF' her equation with Mallya. The Executive Chairperson of Biocon Limited said that they were next-door neighbours and grew up together. «He considered me as his elder sister,» she shared with Kamath. Calling Mallya a 'dear friend' and a 'nice guy', the businesswoman said that the defamed industrialist has a «brand appeal to the youth.» When Kamath asked what made Mallya likeable, she said that he is a generous man who loves his friends. While the former liquor baron was a passionate serial entrepreneur, Mazumdar-Shaw said that he was unable to recognise the warning signs of failure. Mallya, who was heading the United Breweries Group, wanted to try out different businesses. But, getting into Kingfisher Airlines was a «blunder,» said the biotech boss.

Well known online stock broking platform Zerodha was built partly due to the keen trading skills of Nikhil Kamath. During a recent podcast, his brother Nithin Kamath said that the company was ‘not meant to become what it is today’.  “I quickly realised that Nikhil is a better trader than I am because at that point of time we were trading money and I was also doing this side hustle of broking business. In 2008-09, I said if he is better at trading than me then why not he continue trading and maybe I can go to broking permanently," Nithin Kamath said recently during the ‘WTF is Health’ podcast.

Zerodha, said he has never owned, neither directly nor indirectly, cryptos because he does not want to work in any grey area. In an interview with ET NOW, Kamath said he has not understood the concept of owning an asset with no bottomline or earnings. Also, he does not intend to own any assets without a definite reason or purpose. People who have invested a few years ago probably are still sitting on really large gains, Kamath said while still questioning the crypto market cap of $3 trillion (at the end of 2021). He said any asset class should have some kind of a correlation with either the underlying earnings from it or the prospect of future earnings.

Nikhil Kamath, the co-founder of Zerodha and alternative asset management firm TrueBeacon, is buying gold and lots of it. The fund manager has already accumulated gold to the tune of 15 percent of the fund’s portfolio as he looks to hedge against the rising threat of inflation.