In this episode of Face2Face, Vivek Bajaj engages in a deeply insightful conversation with Vatsal Nahata, a 28-year-old U.S.-based fund manager who challenges conventional ideas about age and experience in the investing world. Vatsal shares hard-earned lessons from managing millions in the U.S. stock market, beginning with a startling revelation—he has witnessed companies larger than Reliance and TCS lose over 60% of their value in just one hour. This underscores his emphasis on the margin of safety, a timeless investing principle that cautions investors to never overpay, regardless of a company's size or reputation.
As the conversation unfolds, Vatsal explores why Indian markets often remain resilient during global turmoil, diving into complex issues like systemic risk, financial sector vulnerability, and macroeconomic linkages. He also cautions against blindly averaging down in a falling stock, stressing the importance of discipline, emotional detachment, and knowing when to step back. Despite his young age, Vatsal articulates his thoughts with clarity and maturity, offering valuable takeaways on hedging, stock selection, and risk management.
What makes this episode truly unique is its emotional depth. Beyond numbers and charts, it is a conversation grounded in humility, lifelong learning, and intellectual honesty. Vatsal’s journey proves that investing wisdom isn’t just built on years of experience—it’s shaped by perspective, curiosity, and a willingness to question assumptions. Whether you're a beginner or a seasoned investor, this episode offers timeless lessons: protect your downside, question resilience, avoid complacency, and stay humble enough to keep learning—from anyone, at any age.

Your Speaker
Vatsal Nahata

Your Host
Vivek Bajaj