He lost ₹3Cr In 3 Days in Trading, Still Achieved F.I.R.E at 23

Поділитися
Вставка
  • Опубліковано 19 лис 2024

КОМЕНТАРІ • 67

  • @srihari_views
    @srihari_views Місяць тому +51

    Please bring some worthy guests.

    • @sandeshmhatre2702
      @sandeshmhatre2702 Місяць тому +4

      Even this one is worthy. There is always something to learn (what to do or what not to do).

    • @shivamshah6826
      @shivamshah6826 Місяць тому

      Post covide with 40L in 5 years anyone could generate 2cr so I don't think he is smart enough ​@@sandeshmhatre2702

  • @Pitts29
    @Pitts29 Місяць тому +24

    This kid has a long way to go, else he will keep thanking heavens in future as well. The only thing to learn from him is unlearn his overconfidence and trading style !

    • @Traderkishore
      @Traderkishore 25 днів тому +1

      You are clueless

    • @Pitts29
      @Pitts29 25 днів тому

      @@Traderkishore ppl like u contribute towards the 90% loss making traders, clueless huh. LOL

  • @srihari_views
    @srihari_views Місяць тому +21

    I stopped watching when he stated "diversification is for idiots". That too he quoted Warren Buffet.
    One needs to understand, under what context Buffet said that.
    Many youngsters after 2020 crash entered the market and have been seeing good growth in their portfolios. This isn't going to last long.

    • @House_information
      @House_information Місяць тому +2

      Absolutely true.

    • @sandeshmhatre2702
      @sandeshmhatre2702 Місяць тому +1

      Diversification is for idiots. He provided the context.

    • @doncorleone3901
      @doncorleone3901 26 днів тому +1

      Indeed diversification is for idiots. Let me add, diversification is for cowards

  • @talees3357
    @talees3357 27 днів тому +2

    He had the resources that allowed him to take risks and he got lucky. That is how he got to his F.I.R.E. We are poor and middle class people. We cannot afford to put limited resources into something risky and hope to get lucky. One financal setback will lead to death by starvation. Give us some worthy and useful guests.

  • @lakshnaramesh9733
    @lakshnaramesh9733 Місяць тому +11

    What i leaned from this video
    "People with knowledge don't have money and
    People with money don't have knowledge"
    (Of course, there are exceptions)

    • @paramjitsingh4104
      @paramjitsingh4104 Місяць тому

      So fucking true. Monkeys are making crores in this bull run just by investing father’s money. Ask them to make crores like middle class and they’ll shit in their pants.
      He’s emphasising gut because he knows he has 0 knowledge.
      Poor choice Sharan.
      FYI- I’ve worked my ass off my first cr so I know.

  • @financewithyrk
    @financewithyrk Місяць тому +18

    Thanks for having me on the show 😊

    • @satvikagandotra3477
      @satvikagandotra3477 Місяць тому +5

      Wow. So much to learn from you

    • @satvikagandotra3477
      @satvikagandotra3477 Місяць тому +3

      I have been seeing your youtube videos for a while and I really like the way you explain things

  • @RaghavJajodia
    @RaghavJajodia Місяць тому +2

    This podcast title should ideally be "Life when you have a rich dad :)"

  • @Anoop_Padhye
    @Anoop_Padhye Місяць тому +5

    I dont think you guys ask relavent question, what is his CAGR? how come 40lakh became 5cr by just copy cat investing. what about taxes where did he get another 5cr to invest in paytm and loose 3cr, I am sure his dad must be crazy rich.!!

    • @financewithyrk
      @financewithyrk Місяць тому +1

      Hi Anoop, it was a 1.5 hr video condensed into 15 mins hence some technical parts were cropped out. Copy cat investing started and ended in 2019. It was all contrarian bets post that - cigarbutts in 2020 like CL Educate, PSBs & Tata Motors in 2021 and Paytm starting end of 2022. All of this was bought with leverage (margin buying) which amplified the returns. The 40L base capital turned into over 5 crores in profits after paying over 75L in interest payments and another 25L in taxes and another 40L in withdrawals

  • @chetankumar8404
    @chetankumar8404 Місяць тому +3

    Rich dad was the backup, if this guy was so much confidence in trading and imagine he bought the investment through loan, he would have dead by this time!!!

  • @ഒരുപാവംമലയാളി-ച8വ

    Consider interviewing his dad.... That will be worthy....

  • @priy98
    @priy98 Місяць тому +1

    I started my job at 23 and he achieved fire at 23😊

  • @aryanbhardwaj9869
    @aryanbhardwaj9869 Місяць тому +2

    Love the podcast. Higher order thinking required to connect with him....he is amazing 👏

  • @lakshnaramesh9733
    @lakshnaramesh9733 Місяць тому +2

    5:16 That's definitely not a part of a game, i see people simply say "it's a part & parcel of investing/ trading"
    3 crores loss in just 3 days out of 5 crores capital is whopping 60% loss
    No "investor with knowledge about "risk reward ratio, diversification, fundamental analysis, hedging" would end up in this kind of loss for sure!

  • @mitisrivastava
    @mitisrivastava Місяць тому +5

    Boy complete your studies….your parents were right…..after 4to 5 years you will sing different story….

  • @saravanakumarr3323
    @saravanakumarr3323 Місяць тому +1

    She was awestruck and lost her confidence in hosting for the first time

  • @marketgeek2647
    @marketgeek2647 Місяць тому +5

    ‘Index funds dont really exist that much in india’😂😂😂 you research so much and have no idea how big passive investing is now in india

    • @financewithyrk
      @financewithyrk Місяць тому +1

      @@marketgeek2647 Passive investing is really growing in India but there are 2 ways to approach it - through ETFs or through Index Funds. The AUM of ETFs is nearly 7L crores if I’m not wrong whereas the AUM of Index Funds are about 2 - 2.5L crores

  • @SathyamoorthiP
    @SathyamoorthiP Місяць тому +16

    My inner feeling says he is going to have hard time with markets. I may be wrong.

    • @sandeshmhatre2702
      @sandeshmhatre2702 Місяць тому +2

      Yes. You are wrong. His style is contrarian ! Read about contrarian investing.

    • @SathyamoorthiP
      @SathyamoorthiP Місяць тому

      @sandeshmhatre2702 where comes putting all money on one stock in the contrarian approach?

    • @sandeshmhatre2702
      @sandeshmhatre2702 Місяць тому

      @@SathyamoorthiP He said 4-5 stocks. And building a portfolio doesn't mean you divide your capital in parts and invest the same at a time. If you have a good steady active income, you can wait for the right opportunity - put 100% of your capital when you find the right opportunity. Then you accumulate funds again and wait for the next opportunity. This way over time you build a solid portfolio of 5-10 stocks (which is enough in a lifetime).

    • @sandeshmhatre2702
      @sandeshmhatre2702 Місяць тому

      @@SathyamoorthiP He said 4-5 stocks. Also, not dividing capital in parts and investing at a time in 4-5 stocks. Contrarian style is not for everyone. It's for those who have more risk appetite. Example someone who has a lot of influx (steady flow of capital), he/she can go all in (100% capital allocation to one stock) when he/she spots a big opportunity. Then accumulate funds again and wait patiently for the next opportunity and do the same (100% capital to next stock). This overtime will result in a portfolio of 4-5 stocks (translating to 4-5 life changing opportunities).

  • @nitindesai268
    @nitindesai268 Місяць тому +1

    this guy is a genius... impressive

  • @maumitasarkar9492
    @maumitasarkar9492 Місяць тому +2

    Bullshit.. he had achieved fire even before he was born coz his parents had so much discretionary cash to give him to invest.. how many 19 yrs starts with 10s of lakhs to achieve fire at 23?? Lets not credit him for his privileges

  • @jobenelson
    @jobenelson Місяць тому +2

    I wanna be in this podcast someday😂

  • @amaangul01
    @amaangul01 Місяць тому +2

    Generational Welath is the key to Success

    • @sandeshmhatre2702
      @sandeshmhatre2702 Місяць тому

      Poor thing. You failed to learn from the video because of a closed mind.

  • @rahulbala9
    @rahulbala9 Місяць тому +1

    is she the sister of sharon, I see the same interviewer mannerisms 😅

  • @RemoveNegativity466
    @RemoveNegativity466 Місяць тому +1

    Kya didi why the smirk when he said this 0:02 😂

  • @himanshurana6376
    @himanshurana6376 Місяць тому

    Hi ,
    I have a question. Is it better to keep 2 demat accounts from 2 different banks or platforms as backup of our shares or money like Zerodha, Grow or ICICI bank? In case if anyone goes Bankrupt or out of business or some kind of fraud happened...Please do answer.
    Thanks in Advance!

    • @onepercentclub12
      @onepercentclub12  Місяць тому

      Not needed in general, if any stockbroker goes bankrupt, your investments are generally safe because they are held in electronic form at depositories like Central Depository Services (India) Limited (CDSL) and National Securities Depository Limited (NSDL). You can transfer your holdings to another stockbroker and get your shares back by linking to your CDSL Demat account.

    • @himanshurana6376
      @himanshurana6376 Місяць тому

      @@onepercentclub12thank you so much for the answer! ❤

  • @arunms8696
    @arunms8696 Місяць тому +2

    Thank you❤ Great presentation

  • @afifaakhtarvlogs605
    @afifaakhtarvlogs605 Місяць тому +3

    This boy is nt looking at her.. Why dammnn

    • @Proud_banda
      @Proud_banda Місяць тому

      For obvious reasons 😂

  • @prasannarao5931
    @prasannarao5931 Місяць тому +2

    too much of overconfidence ...time will teach the lesson

  • @munikiran9
    @munikiran9 Місяць тому +1

    Good... I like his attitude

  • @NaturOrganica-eg5bz
    @NaturOrganica-eg5bz Місяць тому

    Stop interviewing members of the club and bring proper guests

  • @Mukundpawar44
    @Mukundpawar44 Місяць тому

    Please invite guests who have earned money by skills, experience, and based on professional qualifications. These are the real people and worthy people who have achieved financial freedom.
    I myself, being a professionally qualified person, am not interested in watching this rich brat who has not seen any market down cycles and speaks very overconfidently as if he is managing some bloody hedge fund or mutual fund.
    Stock Markets will bless those who respect it and learn from it.
    And stock markets will punish those who are very overconfident and think that they are bigger than the stock market.

  • @devendradeshmukh8350
    @devendradeshmukh8350 Місяць тому

    Yaar ye highlight na kuch jada hi lamba ho raha hai. 1 min +. Editor please reduce the size of highlight baki ghante ka video bhi chalega.

  • @Harsha32417
    @Harsha32417 Місяць тому +1

    shreya fans

  • @balamurganayyasamy342
    @balamurganayyasamy342 Місяць тому

    He is already rich.. Please post earn and grow them self own. Not his father corbus😂

  • @dhanushramu2570
    @dhanushramu2570 Місяць тому

    Bro tata group had diversified in different sector
    The word u told is u only 😅

  • @applemusic364
    @applemusic364 Місяць тому

    Loved the show

  • @privatehost2717
    @privatehost2717 Місяць тому

    not worth it watching

  • @ajith.giove069
    @ajith.giove069 Місяць тому

    Why do u bring these cheap people bring some worth I am better than him

  • @dhawaljain3837
    @dhawaljain3837 Місяць тому

    ameer parents hone chahiye baki sab sort ho jaega

  • @harisxnkr
    @harisxnkr Місяць тому +1

    First Comment ❤🎉

  • @tigerchakrapani6021
    @tigerchakrapani6021 Місяць тому

    ❤❤❤.........😊😊

  • @umachanda4904
    @umachanda4904 Місяць тому

    Feku.........😂

  • @AkashYT0406
    @AkashYT0406 Місяць тому

    Chu video hai yeh 😂