Dr. Vijay Kishan lal Kedia is a Calcutta-born Indian investor and businessman. He’s been in the stock market business since the age of 19. Vijay Kedia is one of the well-known Indian investors. His net worth was about Rs. 297 crores as of April 2020. Many people admire him. So we have come up with some of the best Vijay Kedia quotes. These quotes will help you to know more about his ideology.
Early Years of Vijay Kedia
Vijay Kedia was raised in a brokerage family. From childhood, Vijay was much interested in the stock market. His grandpa told him about the stock market when he was 14 years old.
He intended to establish his own business when his father died but couldn’t because of a lack of funds. So then he started working in a brokerage firm. He, on the other hand, was not enamored with stockbroking. At the age of 19, he began trading.
Investing as a Profession
He quickly discovers that trading isn’t as profitable as investing despite beginning his stock market career as a trader. He once lost Rs. 70,000 in Hindustan Motors in just 2-3 days while trading. After that, he moved to long-term investment. Punjab Tractors was his first stock when he started investing. He started this endeavor with merely Rs. 35,000 and put it all in Punjabi Tractors. Punjab Tractors then doubled in size over the next 3 years.
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Vijay Kedia bought ACC for Rs 300 in 1992-93 and sold it for roughly Rs 3,000 a year and a half later. He utilized the proceeds to purchase his first residence in Mumbai. He has scooped up many multi-bagger stocks throughout the decades that have provided him with a big return. Atul Auto, Aegis Logistics, and Cera sanitary ware were among the items available. He is one of the most popular Indian investors.
Vijay Kedia’s investment philosophy is SMILE, which stands for Small in size, Medium in experience, Large in aspiration, and Extra-large in market potential. While fate plays a role in the stock market, he believes that knowledge, bravery, and persistence are the pillars.
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Best Vijay Kedia Quotes
- “3 qualities of a good investor; Knowledge, Courage & Patience.” ― Vijay Kedia
- “Better to lose money in a good company rather than make money in a bad one.” ― Vijay Kedia
- “The whole purpose of choosing to invest as a career is to let the management be constantly worried about his company and let yourself sip your wine.” ― Vijay Kedia
- “Regret is a lifestyle disease of equity investing.” ― Vijay Kedia
- “Don’t always trust what you see. In a bull market, even a duck looks like a swan.” ― Vijay Kedia
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- “Invest like a bull, sit like a bear, and watch like an eagle.” ― Vijay Kedia
- “If the management has not performed well in their bad times in the past, chances are they will not perform well in their good times in the future too.” ― Vijay Kedia
- “A bull market is very much like being in love. You don’t realize its value till it’s gone.” ― Vijay Kedia
- “A bull doesn’t go wrong in predicting an upswing in a falling market, and he goes wrong when he predicts a downswing in a rising market.” ― Vijay Kedia
- “Investing is like Yoga. Body, mind, and soul have to be aligned.” ― Vijay Kedia
- “Investment is somewhat like cricket, where you change your game plan as per the format.” ― Vijay Kedia
- “In markets, stupid action does not have the equal but severe opposite reaction.” ― Vijay Kedia
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- “Market rewards you as per your perception.” ― Vijay Kedia
- “Only two people can buy at the bottom and sell at the top. One is God, and the other is a liar.” ― Vijay Kedia
- “Investing is a business; investment is a project, and the investor is a promoter.” ― Vijay Kedia
- “Your investment belongs to the market, and your profits belong to you.” ― Vijay Kedia
- “When we are right, we earn. When we are wrong, we learn.” ― Vijay Kedia
- “Read not only between the lines but also what is not written.” ― Vijay Kedia
Conclusion
These were some of the best Vijay Kedia Quotes. I hope you like these. Please comment below if you have any suggestions or queries.