Stock Market Beyond Numbers | Priyaanshoo Shirsat | TEDxNerul

Investment Philosophy & Strategy - Emotional control and psychology are crucial for success in the stock market, outweighing pure knowledge [4][6] - The formula for financial success is psychology, emotions, and patience [7] - Perfect entry and exit points, along with understanding individual risk appetite, are essential rules for trading [9][15] The Role of AI in Finance - Artificial intelligence (AI) is poised to democratize finance, providing equal access to knowledge for individuals regardless of location or wealth [10] - AI can provide roadmaps and research, but human instinct is still necessary to determine goals, timelines, and risk tolerance [11] - AI will assist investment advisors by providing information about companies, financials, and sectors, enabling better trade and investment planning [12][13] Key Takeaways & Advice - It's not necessary to be rich to start investing; starting to invest is the key to becoming rich, and AI can facilitate this [16] - Don't be completely dependent on AI for investment decisions; AI is a tool, and individuals are the architects of their financial freedom [17] - Mentorship, whether from a finance teacher or online resources, is crucial for achieving stability in the stock market [19] - Access to knowledge is power; finding ways to access information quickly is essential for making money in the stock market [20] - Determination, mindset, and study are more important than a finance background for success in the stock market [21]