Advait Arora has over 20 years of experience in direct investing in stock markets in India and overseas. He holds a masters in IT management from the University Of Wollongong, & an MBA in marketing from CSU, NewCastle, Australia. Advait is a firm believer in the power of compounding & shares insights into wealth creation through stock investing.
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His Journey in His Own Words
I started my investment journey in 2002 when I was studying in Sydney Australia, during my MBA days. Later on, I ventured into Indian markets in 2004 when I came back to India and have never looked back since then. It's been a roller coaster of a journey with numerous lessons learned, which has made me a much wiser investor today. But the path from a confused & petulant investor to a confident mature investor took decades of mistakes, bad decisions & mixed emotions. All and all, I have learned now that if you put in the effort, invest wisely & show loads of patience, you can surely make your money work for you.
Before my MBA, during my working days in Bahrain, I was introduced to books written by Robert Kiyosaki by a Filipino friend.. I was highly impressed by the ideas in the books 'Rich Dad, Poor Dad' and 'Why the Rich are Getting Richer'. In hindsight I feel this made a permanent change in my approach towards money & personal finance.
Regarding my investing philosophy in Stock markets, I can say it's very simple : Buy the right stocks after ample research, verify them from time to time and hold them for as long as possible. That's where the power of compounding kicks in. My bigger compounding stocks have been Voltas, TTK prestige & SRF ( when they were micro & mini caps) and in the bigger names it has been TCS in IT, Laurus & Divis in Pharma & also Honeywell Auto in Engg space.
I am currently exposed to Indian ( large, mid & small cap stocks) and US markets ( Nasdaq stocks & SPDR Dow jones ETF).
I have a small manufacturing unit in Gorwa Estate, Vadodara and we are into manufacturing & trading of secondary industrial packing and code-mark systems.
Investing in stocks was initially a type of hobby which later turned into more serious side activity. I can now safely say that my financial independence is because of my frugal lifestyle during the early stages of my career & my long term investments & am proud of it.
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