Chain smokers may survive for 30 years, F&O traders die sooner: Vijay Kedia
Open your eyes bro, open your mind bro Nine out of 10 traders, losing their money bro Looks like a simple puzzle, but not at all so No one could solve it ever, it's a fact you should know Treat market as a business, not like a casino Long-term investing is the only way to grow. Thus goes the lyrics of a music video on YouTube with a simple message asking people to be cautious about their investment methods. The messenger, and singer, is none other than ace investor Vijay Kedia, who also wrote the lyrics and acted in it. This music video is his seventeenth, and like all the ones before it, is dedicated to the stock market.
Unlike his passion for investments, the music videos are a hobby— something that he does during his leisure time and aimed at disseminating his learning of the markets over the past 30 years. The response to the videos have been good, says Kedia, but he readily admits that people rarely follow his advice. For instance, last month, Kedia says he met a fan at the Mumbai airport who claimed to love his latest song but soon began seeking tips about the futures market.
“Nobody listens," he adds with a chuckle. Kedia, the founder of investment firm Kedia Securities Pvt. Ltd, is also the largest shareholder in several listed Indian companies.
While that shows his faith in Indian entities, he recently entered the international markets, buying stocks of Alphabet (Google) and MakeMyTrip. He claims that he invested in these firms just for fun. While he did not specify the quantum of investment in these stocks, RBI guidelines stipulate that investments of only up to $250,000 can be made on overseas stocks in a financial year.“ I did it for fun and not because of rupee depreciation or anything like that," Kedia said
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