Taking to X on Thursday, Kedia explained that his portfolio is also down, but worrying won’t raise prices. “It will only disturb your peace, your mood, and even your family life,” he said. “Your Demat statement belongs to the market. Your bank statement belongs to you,” he wrote.
“The rise you saw was a paper profit. The fall you see today is a paper loss. Nothing is real… until you sell,” Kedia said, adding that the ongoing situation is a crisis, but also a training. Markets don’t build wealth without first building investor’s temperament, the market veteran said, adding that situations like these are not here to build investors.
“In my investing journey, I have seen many such phases. I was worried then too…I am human. But I learned to live with these moments instead of reacting to them. And every time the cycle turned, every new bull phase took my portfolio to new highs,” he wrote.
“You have to win over your mind. Events create uncertainty… but fear is shaped within. Learn to observe it, understand it, and guide it, because you are not your mind. Stay patient. Stay aware. Stay grounded. Because in the end, it’s not the market… it’s your temperament that creates wealth,” the market expert advised investors.
After US and Israel’s military strikes killed Iran’s former supreme leader Ayatollah Ali Khamenei, Tehran retaliated massively by attacking several regions across the oil-rich Middle East and effectively shutting the Strait of Hormuz.
The bloodbath on Dalal Street has wiped off nearly Rs 32.5 lakh crore from the total market capitalisation of all companies listed on BSE, dragging it down to Rs 431 lakh crore. This comes despite bouts of recovery seen during some sessions.(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
