Investing is not a commoner’s game, it is as uncertain as a natural calamity.
But one man who started early to make a difference in his life & many surrounding him was Sajan Sachdeva, he not only started D-Street but also taught others that you get pleasure in investing no matter you earn or loose. Now, here’s a short conversation of Angana and Mayur with him.
The following are the excerpts of an Email Interview. We hope it will inspire many more and encourage them to invest.
Q1. How would you explain your life in SRCC?
SRCC brought a tremendous change in my life and probably the biggest till now. Coming from a small town like Jalandhar where life has it’s own pace and is very relaxed, to Delhi was initially a shock. Life in SRCC is very energetic. The aura around you drives you to achieve everything you want.
Q2. What is that one thing that you love about college?
People. SRCC undoubtedly has the best of best students. Such a positive environment is very
motivating. Every person is special here in it’s own way.
Q3. What is your favorite pass time in college?
Eating ‘bhujia-patty’ with extra ‘green-chutney’ with friends at Irfans.
Q4. Where do you see yourself ten years down the line?
Ten years down the line I see myself as an entrepreneur of an organization that is different in its structure and management style. Rest, I leave it on destiny.
Q5. Were you satisfied with this year’s BULLZIRE?
Yes, post-holders made me proud of my decision of choosing them for appropriate role. I ‘m glad to have such a team.
Q6. How did you feel after giving IIMs interview?
One Word – Insomniac.
Q7. What inspired you to start D-Street?
My internship with a broker house drove my interest towards stock markets. Further getting rejected by almost all societies I applied in, was another pain (kidding). Since, then there was no society that actively participated in stock markets, so that drove me to initiate D-Street SRCC.
Q8. Did you ever invest money & suffered a loss?
I got Rs. 50,000 from my father to buy an iPad since my SRCC gift was pending. But then instead of buying an iPad, I invested the same in the stock markets. Initially I was earning huge. Everyday, I could get a decent return. But as I entered into derivatives I lost it all. But then I consider Rs. 50,000 as my tuition fee as I learnt a lot from it.
Q9. How was your first investing experience?
First experience in stock markets is never bad because more than the fear of losing you have greed to make money. My first trade was SBIN (State Bank of India) that I bought on margin. I bought the stock at Rs.1723 that kept falling till 1590s but I also kept on buying further to average out my buy price, and after around a week and with right decision I sold it at Rs. 1900. It was adventurous.
Q10. Why D-Street doesn’t select students according to wings like other societies?
The reason behind such a structure was that we didn’t want to restrict the learning of society members to the wing they get into. What if I don’t know if I ‘m good at getting sponsorships or organizing the event? We wanted everyone to learn everything and didn’t want to restrict them (members) to anything, at least not in their first year. And that was one of the reason that D-Street outsourced it’s organizing work during invesTalk ’13 as we wanted members to sit, listen to the speakers and learn.
Q11. What does D-Street offer to its members?
D-Street firstly helps its members to open their D’mat and trading accounts. Then we frequently have speaker sessions, trading sessions and ppt sessions where a group is given a company from different sector to do analysis, which gives real time learning experience to its members. First investing experience can be adventurous as was stated by him.
SO WE REALLY ENJOYED HAVING A SMALL CHIT CHAT WITH A PERSONALITY WHO HIMSELF ENGAGED INTO MANY THINGS IN SUCH A YOUNG AGE.
WE HOPE YOU ALSO HAD A GOOD TIME READING THAT. IF YOU HAVE ANY QUERY PLEASE DROP A COMMENT IN THE DROP BOX. WE WOULD LOVE TO LISTEN FROM YOU YOUR FEEDBACK.
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