Nithin Kamath of Zerodha candidly talks about building his bootstrapped business, weighing risks, and finding opportunities
First Principles
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How Do You Make Money in the Stock Market?
Almost everything you hear is from broking revenue. Every time a customer of ours transacts, he pays a small amount of commissions to us. And also we charge 20 rupees per trade. We don't charge if someone's investing. If you buy a stock with the intention to hold it for more than one day, we don't charge any commissions. But if you're intending to speculate, which is a day trade or by futures and options, then we charge 20 Rupees a trade.
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