Most investors chase hot tips and market rumors. Not Dr. Vijay Kedia, he built his fortune differently, with two simple acronyms that have consistently spotted multibagger stocks for over two decades. At 21BY72’s Season 4 summit, he finally broke down his SMILE and FIST strategies that every serious investor needs to know.
21BY72 had the opportunity to have a Fireside chat with Vijay Kedia in Season 4 of Bharat’s Leading Startup Summit! This Fireside chat with Dr. Vijay Kedia was moderated by Krunal Mehta, the Founder and Group CEO of Mehta Wealth Ltd.
In this blog, we are sharing some insights from this FireSide chat. You can also watch the full conversation on YouTube, here.
While born in a broker family, he chose the path of trading and investing in the public market. After surviving the struggles, Vijay Kedia’s portfolio includes multibagger stocks like Atul Auto, TAC Infosec, Neuland Laboratories, and Tejas Networks.
While Dr. Vijay Kedia is known for his long-term investing strategy, his voice and lyrics on the market are equally popular. He is heading Kedia Securities Pvt. Ltd, investing in listed companies and unlisted startups with potential.
Vijay Kedia’s SMILE Strategy for the Stock Market
We started this insightful chat by understanding Vijay Kedia’s SMILE strategy to find multibagger stocks for a long-term investing strategy.
- Small in size (in a particular sector)
- Medium in experience (expertise of the management)
- Large in aspiration (the team and promoter should have strong aspirations)
- Extra-large market potential (of the external market)
This Vijay Kedia SMILE strategy will help you find public stocks to create a profitable portfolio.
Vijay Kedia’s FIST Strategy for Investing in Startups
While Mr. Kedia is known for his investment in stocks, he is actively investing in startups. FIST is the Vijay Kedia’s investment strategy for startups.
- F stands for Focus and Frugality (the promoters should be focused on their idea and spending resources carefully)
- I stand for Idea (the idea or solution that their startup is based on, and also the market potential of the idea)
- ST stands for Stubbornness (they should have the fire to make their idea successful)
Insights from the chat with Dr. Vijay Kedia
Whether you are an investor or a founder, the following are a few things that you can learn and utilize in your journey.
When we’re right, we earn; when we’re wrong, we learn!
Vijay Kedia shares how he thinks that the market has its ups and downs and investors should never be too foolish to be overconfident in their ability to earn in market highs. So, stay grounded and learn from the downs to gain knowledge.
Ask for support.
During the Fireside chat, he shared a story about his first startup investment, how he invested Rs. 45 Lakh for 20% equity in the founder after 10 minutes of conversation. Mr. Kunal joked that he could also ask Vijay Kedia for money after 1 hr conversation. With a humorous nature, Dr. Vijay said that Mr. Krunal should have asked for it. This led him to share how entrepreneurs should ask for funds and support without hesitation. If you have an idea and are confident in your skills and understanding of the market, you should fearlessly ask for support from the investors and experts.
Frugality is a necessity
Startups need funds to keep themselves afloat. While startups adapt frugality when they are low on cash, many burn out fast after receiving funding. Therefore, Vijay Kedia suggests that startups should take risks to survive if they fail. Don’t make a decision that makes recovery impossible.
Individual investors should start small
Dr. Vijay shares an investment strategy for HNIs and new investors: investing in only 15-20 shares. Study those companies and hold on to them. It will help you learn and manage your portfolio better. Even if you make mistakes, you can learn and not make them in the future. Continuous 15-22% returns are better than a few 30% returns.
Invest in companies and not the market trends.
Investors often look at the short-term market trends and lose patience when the share price falls. Therefore, Mr. Kedia shares that the investors should research the company before investing, rather than panicking after the investment.
It allows you to understand the potential of the company to overcome the market challenges. The market trends change; therefore, you should focus on long-term investing strategy after studying the company.
Don’t make rash decisions in the investment market; be patient.
Dr. Vijay has emphasized the importance of patience. One should not take rash decisions in bear or bullish markets. He highlights that investors should make research-based decisions in the market for secure investment. Long term investment decisions made with patience and research helps you gain profit in the long term.
Dr. Vijay Kedia is a patient and well-rounded man who knows how to invest and enjoy life. We had a fantastic experience having him at Bharat’s Leading Startup Summit Season 4. He shared some insightful experiences as an investor and tips for both investors and entrepreneurs in this FireSide chat. You can watch it on YouTube.
21BY72 is dedicated to a strong startup ecosystem in India. We help investors and startups connect and grow their network. Our Leading Startup Summit offers a stage for startups to represent themselves and secure leads and funding. Investors can explore diverse startups and understand market trends with our Fireside chats with experts, successful entrepreneurs, and investors.
We have hosted 4 successful seasons of our startup summit with other guests like Azhar Iqubal, Ganesh Prasad Sridharan, Neha Dhupia, and Saina Nehwal. A few names that have been part of our previous seasons are Ghazal Alagh, Anupam Mittal, Aman Gupta, Raj Shamani, and Parul Gulati. We bring new and talented guests each year to provide value to our visitors.
We will return with Season 5 of Bharat’s Leading Startup Summit with more guests and opportunities. Stay tuned with 21BY72 for more updates and insightful content on India’s startup ecosystem!
