Dons of Dalal Street: Upstox Co-founder Shrini Viswanath’s first bet was a US stock
“From there, I realised that the company you work for is also a company that you can invest in; and that the work you’re doing translates into a share price. Then from the share price, as long as that keeps going up, your wealth grows up,” he says. Edited excerpts from a chat:
When did you fall in love with the equity market? Which was your first stock bet?
Shrini Viswanath: I started my investing journey in the US. The first stock that I bought was from a company called Cerner Healthcare; the reason being that I was interning there and had the opportunity to open a brokerage account as an employee. I didn’t know much about healthcare then, but this stock was the reason why I got interested in investing. From there, I realised that the company you work for is also a company that you can invest in; and that the work you’re doing translates into a share price. Then from the share price, as long as that keeps going up, your wealth grows up.
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Offering CollegeCourseWebsiteIndian School of BusinessISB Chief Technology OfficerVisitIIM LucknowIIML Chief Operations Officer ProgrammeVisitIIM LucknowIIML Chief Executive Officer ProgrammeVisitThat is when my learning started. Before that, I had always read about stock prices by looking at the paper or going online, but actually knowing how and why they move helped a lot only because I did it myself.
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