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Vijay Kedia | |
|---|---|
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| Born | |
| Education | B.Com |
| Alma mater | University of Calcutta |
| Occupation(s) | Investor and stock trader |
| Children | 2 |
Vijay Kishanlal Kedia [1] is an Indian investor born in Kolkata.
He realized his passion for the stock market when he was 14 and started trading at 19, without success. After few years he left his hometown Kolkata and came to Mumbai to try his luck. [2] [3] In 2004 and 2005 he identified and invested in three such shares (Atul auto, Aegis logistics, Cera sanitaryware) which appreciated more than 100 times in next 10 to 12 years. In early 2012, he correctly predicted that India was at the beginning of a structural bull run. [4] In 2016, Kedia was featured at #13 in Business World list of Successful Investors In India. [5] In 2017, "MoneyLife Advisory" launched an "Ask Vijay Kedia" microsite, and Kedia's portfolio stocks rose up to 170%. [6] [7] In 2018, he was invited to speak at London Business School. [8] In November of the same year, he was invited to speak at TEDx. [9]
Kedia strictly adheres to SMILE as a principle in investing; which translates into Small in size, Medium in experience, Large in aspiration and Extra-large in market potential. [10] On his investment strategy, Kedia said: "One should scout for companies which have good management... Find a very good management, a very honest management and see the product in which the management is going to grow, going to outperform its peers and the economy... invest in those companies for the next 10–15 years, and you cannot go wrong." [11] Bet big and ride through tough times is his advice [12] While luck plays a big part in stock market investments, knowledge, courage and patience are the cornerstones according to him. [13] He has been 100 percent invested for the past 30 years of his investing career. [14] Currently he is almost holding stocks with almost 15 stocks with a net worth of over Rs. 1,467.6 Cr [15]
Passive management is an investing strategy that tracks a market-weighted index or portfolio. Passive management is most common on the equity market, where index funds track a stock market index, but it is becoming more common in other investment types, including bonds, commodities and hedge funds.
A stock market, equity market, or share market is the aggregation of buyers and sellers of stocks, which represent ownership claims on businesses; these may include securities listed on a public stock exchange as well as stock that is only traded privately, such as shares of private companies that are sold to investors through equity crowdfunding platforms. Investments are usually made with an investment strategy in mind.
A stock market bubble is a type of economic bubble taking place in stock markets when market participants drive stock prices above their value in relation to some system of stock valuation.
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BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange with highest number of companies which is located on Dalal Street. Established with the efforts of cotton merchant Premchand Roychand in 1875, it is the oldest stock exchange in Asia, and also the tenth oldest in the world. The BSE is the world's 6th largest stock exchange with a market capitalization exceeding US$5 trillion on May 21, 2024.
National Stock Exchange of India Limited (NSE) is one of the leading stock exchanges in India, based in Mumbai. NSE is under the ownership of various financial institutions such as banks and insurance companies. It is the world's largest derivatives exchange by number of contracts traded for the fifth consecutive year and the third largest in cash equities by number of trades for the calendar year 2023 It is the 7th largest stock exchange in the world by total market capitalization, exceeding $5 trillion on May 23, 2024.
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Value investing is an investment paradigm that involves buying securities that appear underpriced by some form of fundamental analysis. Modern value investing derives from the investment philosophy taught by Benjamin Graham and David Dodd at Columbia Business School starting in 1928 and subsequently developed in their 1934 text Security Analysis.
Market timing is the strategy of making buying or selling decisions of financial assets by attempting to predict future market price movements. The prediction may be based on an outlook of market or economic conditions resulting from technical or fundamental analysis. This is an investment strategy based on the outlook for an aggregate market rather than for a particular financial asset.
Ketan Parekh is a former stockbroker from Mumbai, who was convicted in 2008 for involvement in the Indian stock market manipulation scam that occurred from late 1998 to 2001. During this period, Parekh artificially rigged prices of certain chosen securities, using large sums of money borrowed from banks including the Madhavpura Mercantile Co-operative Bank, of which he himself was a director.
Michael James Burry is an American investor and hedge fund manager. He founded the hedge fund Scion Capital, which he ran from 2000 until 2008 before closing it to focus on his personal investments. He is best known for being among the first investors to predict and profit from the subprime mortgage crisis between 2007 and 2010.
ITC Limited is an Indian conglomerate, headquartered in Kolkata. It has a presence across six business segments, namely FMCG, hotels, agribusiness, information technology, paper products, and packaging. It generates a plurality of its revenue from tobacco products.
Jeremy James Siegel is an American economist who is the Russell E. Palmer Professor of Finance at the Wharton School of the University of Pennsylvania. He appears regularly on networks including CNN, CNBC and NPR, and writes regular columns for Kiplinger's Personal Finance and Yahoo! Finance. Siegel's paradox is named after him.
Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. Providing Demat and Trading services. Its main offices are in Mumbai. The company employs over 2,100 people.
Radhakishan Shivkishan Damani is an Indian billionaire businessman and investor. He is the founder and chairman of retail chain DMart. Damani is referred to as the "retail king" of India.
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Maithan Alloys Limited is a publicly listed company at NSE which manufactures, sells manganese and ferro-alloys within India and internationally, is traded as MAITHANALL. It has registered office in Kolkata, India. It's led by Subhas Agarwalla as chairman and managing director, Subodh Agarwalla as chief operating officer. It's part of Maithan's group which is currently valued at Rs. 16,000 crores and has a market capitalization of Rs. 3,842 crores in 2019. On 20 March 2017, it was criticized by Meghalaya's chief minister Mukul Sangma as being one of the major polluters of the state. It has plants in multiple states: Jharkhand, Meghalaya, Andhra Pradesh.
Porinju Veliyath is an Indian investor and fund manager. He manages his own portfolio and the portfolios of investors in his fund management firm Equity Intelligence India Private Limited. He has been called a small-cap czar by The Economic Times.
The 1992 Indian stock market scam was a market manipulation carried out by Harshad Mehta with other bankers and politicians on the Bombay Stock Exchange. The scam caused significant disruption to the stock market of India, defrauding investors of over fifteen million USD.
