Mukesh Ambani and Trading Insights from Nikhil Kamath
Mukesh Ambani is not typically associated with trading, yet Nikhil Kamath from Zerodha suggested that he may possess unique insights into the future. During the Dhirubhai Ambani International School’s 2025 convocation, Kamath playfully remarked, “I do not know how much Mukesh bhai engages in stock markets, but if anyone understands what tomorrow holds, it is likely him.”
This elicited laughter from the audience, while Nita Ambani was seen smiling and shaking her head, reinforcing the belief that India’s wealthiest individual does not actively trade but retains advantages that extend beyond the stock market.
Kamath’s comments emerged during a surprisingly candid talk to the graduating students, as he reflected on his own journey of dropping out at the age of 15, selling phones to local children, and ultimately discovering his passion in trading. He acknowledged, “There is irony in me lecturing you at your convocation when I have never had one myself.”
He reminisced about his first job at 17, working night shifts at a Bangalore call centre, selling health insurance to unsuspecting British clients. The benefit of this role? Free mornings which he dedicated to following the stock markets—an activity that evolved into a full-fledged career. “The markets were akin to a relationship,” Kamath explained. “They begin on a high note, then turn sour, but if you remain patient, they might improve once again.”
His success, he stated, stems not from unyielding efforts but from the ability to recognise patterns, maintain emotional balance, and cultivate strong relationships. “Remaining steady, avoiding impulsive reactions, and being objective amid chaos is likely the most crucial skill for accomplishment,” he asserted.
Kamath encouraged the audience to reconsider the very notion of effort. “Hard work does not hold the same weight,” he stated. He recounted a moment with his leadership team, where he realised that everyone was merely pretending to be diligent, as they believed others were doing the same. “Hard work becomes a protective measure when the ego questions why you did not succeed,” he noted.
For Kamath, the key lies in choosing the right companions. “The individuals you associate with will significantly impact your life,” he advised the class of 2025, imparting a final lesson that transcended textbooks.
