Issuing a press statement, Kathmandu College of Management informed that Kuber Wiz is a one of a kind stock investment program in Nepal, which is formulated by the college that allows its students to get ample real world experience on stock market trading with the use of financial modelling.
In the program, Niranjan Phuyal Acting Deputy of Nepal Stock Exchange gave insights on what an investor must know before they enter the market. Phuyal articulated that risks and returns are two faces of the same coin, and our ultimate goal as an investor should be to find and invest in stocks that have low risks and high returns.
Similarly, in the program, Nitesh Agrawal- the executive chairman of ABC securities expressed that a stock market is a place where one can create wealth, and brokerage firms facilitate this process by acting as the middle man between the buyers and the sellers of the securities. He stated that a stock market is as close as a market can get to a perfectly competitive market, and without the provision of licensed brokers, it would come to resemble a fish market.
Likewise, Atit Lal Shrestha, CEO of Merolagani.com emphasized that investors should learn to perform technical analysis of companies and their stocks so that they will never need to depend on any financial news. He vocalized the importance of becoming a smart investor and to get ahead of the market, and the only way to do that is by doing things before it becomes the news. Shrestha also gave all of the students access to the data analytics in Merolagani.com throughout the Kuber Wiz Program of 2019/20 to give the students a competitive advantage as investors.
