My key Takeaways from the insightful podcast of @nikhilkamathcio and @BeerBicepsGuy

@viraj_sheth @join2manish @jalak_rawal
Are you conscious of the billionaire tag?
He says , if I look at it as opportunities to do more by the virtue of capital it is a good way to look at.
We are surrounded by the people who mock us and help us keep a balance.
Did you drop out at the age of 14 for playing chess?
I was reasonably good at chess and it was a part of dropping out of school. I was not the best student in my school but the drive to make money was from a young age.
Regret about dropping out: Missing all the experiences from the college.
Life works like a chess,certain level of discipline goes a long way in making every success story happen.
The role of pattern recognition and intuition in stock market and trading:
I have been watching markets since 17, so looking everyday at market gives you an intuition and you recognise the pattern of markets.
#trading #markets
Trade and gamble
If you are in hurry to make money then investing in stocks is a gamble but if you are to seek value and wealth in long term then it is not a gamble.
#investing
What was your mindset when you started trading with your brother?

Trading is not one of the team game things. The best teacher in trading is the experience itself.

Continued...
Initially I was working in a call centre and the money I made was put into stocks.
#stocks
You start becoming a trader when you know that no body can predict the market and stock prices.
Making predictions in stock markets is impossible.
#StockMarket #Traders
One skill which helps in markets is to read the sentiments.

Equity trading is mostly understanding the psychology of traders,investors and also political leaders.
#equity
One thing which makes me a good trader is my logical and analytical thinking in a chaotic situation.

I am able to stay calm and rational in chaos and trading is always chaos.
Financial Advice to a 22 year old

At the age of 22 you should have a bigger appetite for risk.

You should spend and invest on yourself like learning a new skill which will increase your wealth.

#finance
One big advice to people in startup ecosystem is spend as much time as you can on the problem you want to solve.
#startups
Thank you for reading 😊
#podcast
You can follow @AdwaitChondikar.
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