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Nikhil Kamath's Hilarious Confession: 'I Spent My First Trading Profits On Things That Depreciated in 5 Minutes'

Nikhil Kamath shares an honest, self-deprecating story about what he bought with his very first trading profits - and the sharp lesson it taught him about money.

Editorial Score: 85/1002 min read
Nikhil Kamath's Hilarious Confession: 'I Spent My First Trading Profits On Things That Depreciated in 5 Minutes'
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Raj Shamani asked Nikhil Kamath if he immediately invested like a sage when he made his first significant money in his early twenties. Kamath burst out laughing, dismantling any illusion of early stoicism.

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Nikhil Kamath:"I bought gadgets nobody needed and a car that broke down the following week. Anyone who tells you they were disciplined with money at 21 is rewriting history."
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