• 03
  • August

Interview of author by writing geeks

Interview With Swaminathan Annamalai, the king of Stock Market

Swaminatha Annamalai is an engineer by qualification, businessman by profession, and an ardent fan of Mr. Warren Buffet.
He began trading and investing in the Indian stock market during his undergraduate days and there began his passion for the stock market.

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Chit Chat Session

 Briefly describe your journey until now.
I am an engineer by qualification, businessman by profession, and an ardent fan of Mr. Warren Buffet.
I began trading and investing in the Indian stock market during my undergraduate days and there began my passion for the stock market.
I am also the founder of Equity Forte. It is a one-stop shop for all your equity needs such as dematerialization of shares, unclaimed dividends, selling delisted shares, review of existing portfolio and is also an investment advisory. My team provides tailor-made services as opposed to a ‘one size fits all’ approach; each case is provided a unique solution after thorough research.

Equity forte acts as a bridge between you and the company to get your issues resolved. On your behalf, we take up your case with the respective authorities, do all the legwork and bear the pain of lengthy legal procedures.
You can visit us at : www.equityforte.com | contact@equityforte.com

Have you accomplished what you wanted or still have a mile to go?
I believe that the day you think you have accomplished everything you will stop growing and stagnate;and when you stagnate your mind pollutes.

I always think -“what next”. I dream, plan and execute. This keeps me going.

You have rich experience in writing. Give us some tips on the “art of writing in English”.
Thanks for the compliment. Initially, I mistakenly thought that writing will not consume too much time and that it is very easy. But the day I began writing my first chapter I realized that writing is, in fact, a totally different ball game.

There have been several instances when I’ve stopped writing the book – for various reasons; after a long break it’s very difficult to pick up from where you left. A good tip is to stay on the publisher’s deadline else you’ll not have the motivation to complete the manuscript.

If you’re planning on writing a book for the first time, allocate at least an hour every day to keep your momentum going.

I am grateful to my editing and proofreading team for their excellent work and for giving the book a polished finish.

 

Any particular writer whom you admire the most.
Any writer who comes to the point directly without unnecessary diversions earns my admiration. To name a few, I like the following books:

  1. Unposted Letters by Mr.TT. Rangarajan
  2.  The Greatness Guide – Part 1 by Mr.Robin Sharma
  3. Eat That Frog by Mr. Brian Tracy

 

What is your new book “Secrets You Never Knew about Stock Market Investing and Trading” all about?
This excerpt from my book sums up my answer to this question:

“When I started searching for books related to the Indian stock market, I realized that there are either books that deal with a lot of technical material like charting and formulae – which a layman cannot understand; or there are books that provide information about very old share market data, which is of no use today.

Many people, without knowing the basics, jump into the stock market to generate passive incomeand burn their hands. This book is my sincere attempt to simplify the complicated subject of stock market. It is written in a simple manner such that even someone with basic qualifications and without any prior financial knowledge can easily understand the concepts.

This book is aimed at smart short-term traders and wise investors; but, that doesn’t mean this book is not for intraday traders; I want intraday traders to read this book and be inspired to begin short-term trading and investing.

Many stock market legends around the world, like Mr. Warren Buffet, have become wealthy by investing and not by trading intraday. Remember, by trading intraday it is your broker who gets richer, not you.

You don’t need to be an analyst to earn consistently in the stock market. By investing in quality stocks at the right time anyone who is not greedy can earn well in the stock market.

This book opens doors to learning more about the following:

  • Earn money without sitting in front of the computer all day during market hours.
  • Identify multi baggers at an early stage and reap maximum profit.
  • Tackling delisted shares that are not traded in the stock exchange.
  • Selling naked options and increasing your chances of winning.
  • Information about IPO and how to get IPO funding.
  • Dematerialising physical shares.
  • The low-down on what BeES is and if it is a safe investment option.
  • Introduction to stock screeners.
  • Different types of scams to impact the stock market.
  • Saving income tax by forming a HUF.

Packed with practical and easy to follow advice, everything is explained in simple language. This book is all you need to make a fortune out of the stock market, in a relaxed way.”

Why is it that Indian writers don’t frequently win big awards such as Booker/ Nobel Prize/ Pulitzer in Literature?
Firstly, in India, even though English is a mandatory language in most schools and colleges, our conversations are usually in our own native languages; so writing and speaking English is limited to some formal occasions only; this creates a lack of good English vocabulary amongst students. If you notice, even published Indian authors reflect this – they keep their language and the plots of their books very simple so as to be accessible to the majority of Indian readers.
The second reason, I believe, is lack of recognition.A good writer with good content is never given his/her due appreciation. They don’t get the right publisher and if they do happen to chance on one, most traditional publishers try to discourage them. However, the publishing world is undergoing radical changes; still, there is a long way to go.

Traditional or self-publishing? Which one do you prefer and why?
Both have their own advantages and disadvantages.

For a first time author I would recommend self-publishing because you don’t need to wait. Once the manuscript is ready you could publish it immediately. In other words,you can choose yourself instead of traditional publishers choosing you.

Moreover, you can sell in any global market since you retain the rights; you also earn higher royalties. It’s all up to you.

Ask yourself some tough questions about what is best for you and your manuscript. Are you willing to play the waiting game in order to earn a large advance from a traditional publisher? Or is control of your manuscript and a quick turnaround more important?

What is the next book that you have planned?
Before writing another bookI am planning to release a video on options selling. This will be based purely on theIndian stock market. The sole intention of this video will be to help traders earn money consistently and in a relaxed way.

A few months down the line I am planning to publish the Hindi version of my first book”Secrets You Never Knew about Stock Market Investing and Trading”.

In the long run I am planning to write a book on IPO (Initial Public Offering).This book will be useful for small companies who are planning to come out with an IPO.

What are you currently reading?
I am currently reading Unusual Billionaires by Saurabh Mukherjea and Eat That Frog by Brian Tracy.

Last but not the least, we would appreciate if you say some words about our venture, Writing Geeks.
Writing Geeks is an amazing platform that helps authors reach the audience through their writing. They encourage first time authors and help them promote their books.
Keep up the good work. Cheers to the entire team of Writing Geeks.

 

Original link : https://writinggeeks.in/blog/interview-with-swaminathan-annamalai-the-king-of-stock-market/

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