The truth of Ketan Parekh
It is how our world works where one does a hundred things right, and no one notices but one wrong action, and you become the talk of the town for years to come.
One such person who faced the above scenario is Ketan Parekh, one of the wonders who understood the stock market like no other.
Ketan Parekh, a Chartered Accountant by qualification, inherited the Narbheram Harakchand Securities (NH Securities) institutional brokerage firm from his father.
He was a trainee at GrowMore, Harshad Mehta’s startup. He was a suspect in several scams in which Growmore was engaged, although he was never proven guilty.
So How did His Story Begin?
Ketan’s journey started in the early 1980s when after completing his education, he started garnering his professional experience by assisting his father & uncles at their family-run firm. At the same time, he also started preparing for his CA and became a certified “Chartered Accountant” in 1985. With a photographic memory and being someone who liked numbers & figures, along with an interest in how the financial sector works, Ketan soon mastered the art of trading.2
Who Was Ketan’s Role Model?
Ketan’s Father Was his Role Model While Growing Up. With his father as his role model, Ketan experienced the world of trading. Ketan’s father was among the best “Jobbers” of the time, and this inculcated the urge to do the best in whichever field you work in.
However, Ketan was a risk taker, unlike his father, and liked to indulge in newer ventures. One such venture was investing in software companies that started booming in the late 1990s and early 2000s.
Ketan carved a niche for himself with a calculative approach, market research, and thorough understanding. He had put a considerable amount of time into studying companies, their plans, and their potential in these companies.
