Being A Commerce Student, during my 11th Grade, i just heard about this story called “ Harshad Mehta Scam 1992 “ and for me it was just another scam that took place in india like Satyam and many others. And i never took interest to go through also.
But after watching the first episode i felt , There is something Great in this story and watched the whole 10 episodes continuously 10 hours almost with same curiosity till last minute of the episode.
I can say, It is just awesome , Superb !!
The Series has made us believe that this man has gone through many tough times and was a good human being overall.But we cannot deny that his intention were not that pure.
We can admire his skills ,of convincing people,of building a influence over the public.
HE WAS NEITHER A HERO NOR A VILLAIN
He was very intelligent Investment Broker,who was well aware of the loopholes of the system,and made use of it,for personal benifits.Because he had so much influence over the public,he could invest in the companies he wanted and take its price High
The media made a hero of the man and started following him !
Further,this whole scam was investigated and busted by Journalist of Times Of India,Sucheta Dalal.
Sucheta Dalal is also the author of the Book called "The Scam:From Harshad Mehta to Ketan Parekh"
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| Harshad Mehta |
WHAT DID HE DO WRONG ?
- He used the public funds to invest in companies for his personal benifit.
- The companies in which he invested experienced material (fake) growth.
WHAT HE DID RIGHT ?
- He taught the institutions,how to utilise parked funds.
- He made many of his clients rich and think of them and their profits before his own.
LESSONS
I've Learnt lots of life lessons & stock market lessons in 10 hours watching THE BIG BULL HARSHAD MEHTA’s 15 Years of life from zero to hero to a criminal.They are :
- STOCK MARKET can also be called as SHOCK MARKET because It can surprise you anytime and you should better be prepared to face it better.
- RISK hai toh ISHQ hai !!! [ Those who created history took risks in their life and It’s must . But most important thing is It should be calculated RISK.
- Never ever Reveal your next move to anyone in life and in business too. This one was top lesson from BIG BULL.
- Always have patience in life and also in Stock Market , because anything can change at any point of time till end.
- Every Problem has it’s solution but make sure you think all the ways to find proper solution.
- In life & in Stock Market, Always look for Permanent solutions even if it takes more time to solve issues. Never ever look for easy solution if it creates another big problem in future.
- In life Always look for Long term decisions to make money and also to make decision rather than making a decision which shows short term gains but long term pain !
- In any kind of situation, never ever feel like it’s over. Always there will be way. Like everytime Harshad Mehta come out from his problems with patience.
- Never Invest your money in stock market by lending money or by loan or by promising assured returns.
- Stock Market can do anything at anytime !! Better to take risk that can be digestible not like taking big risks like Harshad Mehta.
- Always observe everyone closely with whom you are surrounded with.
- Always have humble and learning attitude towards anything to learn in life.Mehta never hesitated to start learning anything at any point of time.
- Always say YES in life to whatever it comes, then LEARN & MASTER it !
- Never think few things are impossible in life. Harshad Never ever said “IMPOSSIBLE" he just started learning and then mastered.
- Never ever try to defeat the Stock Market . I repeat Never Ever !
- To build a Fortune, First Build Great Team and Great Leaders who can multiply it among the team!
- Always think positive in life and in Stock market whatever the situations may be . Never ever give up !! Harshad was a Great example of it.
These are few lessons which i learnt and noticed from sony liv web-series “ SCAM 1992- THE HARSHAD MEHTA STORY” !
Thank You
Anurag Tripathi,
The Successlogy
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