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How a devastating stock market loss in 2000 shaped this founder's wealth advice
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Moneycontrol•10-10-2026, 19:48
How a devastating stock market loss in 2000 shaped this founder's wealth advice
- •Abhijeet Rege, founder of NITO, shared how losing Rs 15,000 in stocks during the dot-com crash shaped his long-term approach to wealth creation.
- •Studying legends like Warren Buffett and Peter Lynch taught him that investing requires a disciplined process rather than just luck.
- •He spent two decades refining his own investment framework, backing successful firms like Apple and Netflix while learning from mistakes.
- •He advises young people to view investing as a learnable skill, emphasizing continuous learning, patience, and a sound framework.
Key Questions Answered
Abhijeet Rege and his friends pooled Rs 15,000 to invest in stocks based on market tips while studying at IIM Lucknow around 2000, but the dot-com crash completely wiped out their entire investment.
After moving to the United States a year after his initial loss, he began studying the strategies of renowned investors such as Warren Buffett and Peter Lynch through books and research.
He emphasizes that the real lesson lies in habits such as continuous learning, developing a sound framework, sticking to it through market volatility, acquiring the right knowledge, and giving investments enough time to grow.
