Niteen S Dharmawat
Niteen S Dharmawat is a SEBI-registered advisor and one of the partners at Aurum Capital. He actively engages with investors and strongly believes in the importance of experience of the markets being crucial to success as an investor - that no amount of education or knowledge can be quite as useful as experiencing a crash, keeping your cool and emerging at the other end as a winner. Niteen also keeps track of trends and provides useful insights into key developments.
Sceptics or born doubters. They doubt everything. They doubt when it is down or when it is up. Sceptics often reject almost any claim that doesn't have extremely good evidence supporting it. They never see an opportunity or get fearful.— Niteen S Dharmawat (@niteen_india) September 21, 2020
1/n— Niteen S Dharmawat (@niteen_india) September 9, 2018
Is qualification in finance must for stock market? I face this question often. A finance qualification (CA/MBA/CFA etc) can be a good starting point but no way passport to success. There are many examples I have seen in past. Here is one that I am publishing with permission.
5/n— Niteen S Dharmawat (@niteen_india) September 9, 2018
Stk mkt requires much beyond than just qualification/reading few books/quotes fm Warren Buffett/Charlie Munger. They are all good but not sufficient. They can give you base knowledge but implementation is key and that comes with real experience. The market teaches you that.
6/n— Niteen S Dharmawat (@niteen_india) September 9, 2018
Time gives that humbleness when you experience something like year 2001 or 2008. Similarly, you can read 100s of books on 2008 but remember "it is the wearer knows where the shoe pinches" or
7/n— Niteen S Dharmawat (@niteen_india) September 9, 2018
as Peter Bernstein rightly said "If you have not experienced 2008, you still have not lost your investment virginity"
8/8— Niteen S Dharmawat (@niteen_india) September 9, 2018
Nothing against professional qualifications, reading books, quoting great investors left right and center. They are all good. But if they make you biased then leaving you with a lot of room for error. Be simple, keep basics clear.
(objective is not to offend anyone)