Webinar on ‘Introduction to Stock Market’

Investing in stock market can be scary, but letting fear dictate your decisions could ruin your financial future over the long-term. To overcome investment fear, School of Management Sciences (SoMS), Apeejay Stya University, Gurugram organised a webinar on ‘Introduction to Stock Market’.  Its guest speaker was Mr. Pranay Pancholi, a certified trainer and a financial advisor known for his flawless predictions of the market trends.

Mr. Pancholi shared many trading strategies for beginners. He quoted a conversation between American investor Warren Buffett and Amazon’s Jeff Bezos to highlight the importance of patience in investing.  Jeff Bezos: “I asked Warren Buffett your investment thesis is so simple…you’re the second richest guy in the world, and it’s so simple. Why doesn’t everyone just copy you?” Warren Buffett: ”Because nobody wants to get rich slow.” Mr. Pancholi said Buffett earned 99% of his wealth after his 50th birthday.

Mr. Pancholi gave another example why patience holds the key to successful investment. He said if someone had invested Rs 10,000 to buy 100 shares of Wipro as a one-time investment in 1980 that investment would now be worth about Rs 1200 crores.

Mr. Pancholi briefed the participants about the stock market operation and regulations. He simplified the mechanics of the stock market by giving a live trading demonstration.

Pancholi said stock markets are not a casino and investment in share market has the potential to offer higher returns that can help combat the effects of inflation and unemployment.

Lastly, he gave golden rules of investing in stock markets. He said many investors have been losing money in stock markets due to their inability to control emotions, particularly fear and greed.  He asked participants to make informed decisions based on proper research while keeping emotions in check.  Mr. Pancholi said investors should give special attention to risk management to minimize the impact of market volatility on their investments. He also exhorted potential investors not to invest in loss making companies and refrain from taking decisions based on TV reports and anonymous sources.

“90 percent of investors lose money because they trade with emotions. Don’t buy falling stocks based on greed. Proper research should always be undertaken before investing in stocks. Learn from your mistakes. A thorough research before investing will help you make the right decisions.”

Mr. Pranay Pancholi,Certified Trainer and Financial Advisor