๐๐๐ฆ๐ง ๐ค๐จ๐๐๐๐๐๐๐๐ง๐๐ข๐ก ๐๐ข๐ฅ ๐ฆ๐ง๐ข๐๐ ๐ ๐๐ฅ๐๐๐ง
Since I get 100s of queries on regular basis with respect to this question,thought of writing a thread on same.Make sure you #retweet as RIGHT education & awareness needs to reach masses.
Let's take some examples:
Since I get 100s of queries on regular basis with respect to this question,thought of writing a thread on same.Make sure you #retweet as RIGHT education & awareness needs to reach masses.
Let's take some examples:
1. Lets start with ๐ฅ๐ฎ๐ฑ๐ต๐ฎ๐ธ๐ถ๐๐ต๐ฎ๐ป ๐๐ฎ๐บ๐ฎ๐ป๐ถ.He is a ๐๐ฐ๐ผ๐บ ๐ฑ๐ฟ๐ผ๐ฝ๐ผ๐๐ yet managed to make whooping 200crs in 90s by SHORT SELLING & later by INVESTING in MNC co.s
Some might argue,times were diff so wait read the entire thread first before jumping to conclusions.
Some might argue,times were diff so wait read the entire thread first before jumping to conclusions.
2. Many feel that postgraduates from IIMs always make big money due to their superior IQ & the number of sheets they read in their curriculum.Well ๐ฉ๐ถ๐ท๐ฎ๐ ๐๐ฒ๐ฑ๐ถ๐ฎ made more than 700cr by just being B.Com from Calcutta.Some might say,he still had commerce.
3. Ok so,lets pick up some one from non commerce background.Well this is Rajiv Khanna,๐ฐ๐ต๐ฒ๐บ๐ถ๐ฐ๐ฎ๐น ๐ฒ๐ป๐ด๐ถ๐ป๐ฒ๐ฒ๐ฟ from IIT Madras who nailed it here.Made 100s of crs. Now you would say common IITians n premiere college ppl always perform well here.Don't worry keep reading.
4.He is a ๐ก๐ผ๐ฏ๐ฒ๐น ๐ฃ๐ฟ๐ถ๐๐ฒ ๐ช๐ถ๐ป๐ป๐ฒ๐ฟ ๐ถ๐ป ๐๐ฐ๐ผ๐ป๐ผ๐บ๐ถ๐ฐ๐ & started a hedge fund with Oxford,Harvard and LBS grads.Despite the most qualified team on wallstreet,his hedge fund LTCM lost 4.6B$ in less than 4months & was shut.Wait don't conclude keep reading,there's more
5.Does that mean people with good education don't succeed here.Nah. Meet this guy,Jim who has beaten Buffet interms of 20yrs CAGR.He is from ๐๐๐ & ๐๐๐ ๐ข๐ง ๐๐๐ญ๐ก๐ฌ. Now lets head towards the final example before I solve your confusion.
6.That's Jesse Livermore,the most inspiring figure for traders and forget college,he was a school dropout yet managed to make a big name for him in the world of stock markets. So,what can we conclude from the entire list about the required qualification needed to excel here. Well
All the above posts clearly tell that stock market success has little to do with your qualification and more to do with your
๐๐ข๐ฌ๐๐ข๐ฉ๐ฅ๐ข๐ง๐
๐๐๐ฌ๐ฌ๐ข๐จ๐ง
๐ ๐จ๐๐ฎ๐ฌ
๐๐ฑ๐ฉ๐๐ซ๐ข๐๐ง๐๐
๐๐๐ ๐
No doubt advanced education does help in building some basics but even if one
๐๐ข๐ฌ๐๐ข๐ฉ๐ฅ๐ข๐ง๐
๐๐๐ฌ๐ฌ๐ข๐จ๐ง
๐ ๐จ๐๐ฎ๐ฌ
๐๐ฑ๐ฉ๐๐ซ๐ข๐๐ง๐๐
๐๐๐ ๐
No doubt advanced education does help in building some basics but even if one
has just got basic education till graduation,1 has fair chances of success. Qualifications like ๐๐ ๐ง,๐๐๐,๐ ๐๐ etc play more important role in getting clients when you have to manage funds,but if sole aim is to manage your own funds,its not mandatory.
My own MBA,did help me in getting structured,network and bringing the professionalism & study of financial statements, but has little to do with my trading success.Hence,you have to decide your aim first & then decide accordingly.
Hope the thread helped.
RT will be appreciated :)
Hope the thread helped.
RT will be appreciated :)
