Vijay Kedia is a celebrated investor who has amassed significant wealth through patient long-term investments. He entered the market at the age of 19 and has been active in it ever since. Kedia and his firm, Kedia Securities Pvt. Ltd., hold the significant stakes in numerous publicly traded companies. His interest in the stock market blossomed at the age of 14, leading him to start trading at 19. Initially, he attempted to profit from short-term trades but ultimately failed.
After a period, he moved from his hometown of Kolkata to Mumbai in pursuit of better opportunities. After unsuccessful attempts in speculative trading, he shifted his focus to long-term investment strategies. Faced with severe financial difficulties, Kedia chose to take control of his destiny.
It was in 1992, during a bull market phase, that he experienced a stroke of luck. This marked the beginning of Vijay Kedia's investment journey, starting with a modest investment of 35,000 in Punjab Tractors, a move that turned out to be a pivotal decision. Subsequently, in 2004 and 2005, he invested in three small-cap companies: Atul Auto, Aegis Logistics, and Cera Sanitaryware, which saw their values increase over 100 times in the next decade.
Kedia is a firm believer in the SMILE principle in investing, which stands for Small in size, Medium in experience, Large in ambition, and Extra-large in market potential. He emphasises the importance of finding companies with competent management, honest leadership, and promising products that are expected to outperform their competitors and the broader economy. He advises investing in these companies for a period of 10 to 15 years, a strategy he has successfully followed.
Kedia has lived by this philosophy and has amassed a fortune for himself. He has demonstrated that it is indeed possible to accumulate wealth in the stock market without resorting to Futures and Options trading. According to the latest data from Ticker, Vijay Kedia currently owns 15 publicly traded stocks. His net worth is estimated to exceed Rs 1500 crore.
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