In case if you haven’t noticed, Virat Kohli and Nikhil Kamath have had similar experiences, considering their age and passion for the field that they’re interested in. Both of them started their career at (almost) the same age, but the one who read more books is now 16 times richer than the other.
I think Kohli started playing in childhood, at 17-18 he became international player.While I Guess Nikhil started trading at around 17.
Btw @nithin is that 1.5 billion figure comprised from notional stock value of your company,right? If you don’t mind can you share how much approx trading profits your brother has generated for himself which would be real cash ,not notional value.
@nithin Sir, 50% compounded is just insane!!! I didn’t know that much is even possible. Sir please ask Nikhil sir to share his insights as to how he achieved that much return. It just seems impossible.
Yeah, it is quite insane. It is tougher to do now with a larger AUM, so need to see how he does over the next few years. An interview with him has been pending. @siva@Bhuvan maybe we should do it this week?
why not , everyone uses leverage whether his is involved in markets or not , traders ,businessmen ,investors etc make use of it in one form of another. Do you think that he or anybody else made 50% by just buying stocks with full margin.
On a lighter note whole economy is debt ridden , currency is being created out of nothing specially in counties like US which in other words is excessively leveraged without margin of error which you can see in form of negative yields too.