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Firms with honest management best bet on D-Street: Vijay Kedia

On the ongoing market correction, Kedia said he was expecting it to come in 2017.

ETMarkets.com|
Updated: Mar 15, 2018, 04.20 PM IST
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On the ongoing market correction, Kedia said he was expecting it to come in 2017.

NEW DELHI: Stock investment is simple, but at the same time not easy, says ace investor Vijay Kedia.


That's because implementing simple practices is difficult, he said in an exclusive interaction with ETMarkets.com on the sidelines of ETMarkets Global Summit 2018 in Mumbai.

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."

Kedia further said India itself is a big theme he is extremely bullish on. His old investments include Sudarshan Chemical and Vaibhav Global. He had invested in Karnataka Bank, but sold part of his investment.

Kedia went on to say, "As long as I live, I will hold stocks in my portfolio. The company may change, but I am not going to part with my money in the stock market. I am bullish on India for the next 15-20 years."

An ardent music lover, Kedia revealed four pillars -- 4 Ms -- of his life, namely music, meditation, markets and Manju (his wife). "Market is in my veins... I can't live without it," he added.

On the ongoing market correction, Kedia said he was expecting this correction to come in 2017 and it's a good thing to have stability in the market. "One should not worry about this volatility. One should make volatility an opportunity to invest," he added.

ETMarkets Global Summit 2018 is being held at Taj Lands End in Mumbai. The event aims to put India’s market fraternity in keeping with the global strides in the fintech space and bring market practitioners and policymakers on the same slate in the context of regulation.

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