Where to learn about the stock market in India: Stock market for Beginners
Learning is the most important thing in life as well as stock market investing.
As money compounds, knowledge as well as compounds over the years.
The below quote by Charlie Munger.
“I constantly see people rise in life who are not the smartest, sometimes not even the most diligent, but they are learning machines. They go to bed every night a little wiser than they were when they got up & boy does that help, particularly when you have a long run ahead of you”.
This is the best source of learning about investing because of the below mention reason. This will help you in many ways.
- The Investing mindset
- Strategies for investment
- Investing avenues
- Learning’s about different companies
- Setting investing goods, etc.
Books recommendations at the bottom of the blogs.
YouTube channels on the stock market are getting popular but many channels are mostly useless or a complete waste of time. Especially which give targets on a stock because no one knows what will happen in the short term. For Eg: in- COVID-19 crash, no one ever thought on 1 Jan 2020 that after 3 months the stock market will crash & then after few months rebound as nothing happened. But few channels like Finnovationz & Pranjal Kamra in Hindi & Sven Carlin, Cooper Academy in English are worth watching.
Read annual reports will help you understand how business works. Most of the investor makes his mistake of not reading annual reports & just investing blindly in companies.
“An important key to investing is to remember that stock is not lottery tickets”.
Also, try to read the competitor’s annual report which will help in comparing the performance of the company. Do read Berkshire Hathaway’s annual report where Warren Buffett explains how he invests in companies.
4.Interview & lectures.
Many famous investor & fund managers appear on Business news channels where they talk about their investing philosophies & strategies. Which would be tremendously helpful for your investing journey.
Investor & Businessman’s usually present their presentation to their investors or college student, wherein they cover different topic’s which can be helpful as well.
Newspapers are good for staying updated with the market. But for beginners, it can be confusing.
Day-to-day news about a company is useless as in a day company can never be formed so getting out of business is also difficult.
Learning about the stock market is an endless process. A person needs to learn new things every day, every week, every month. Warren Buffett at the age of 90 still trying to learn new things
Do read my other articles: Circle of competence
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