'There is no quick way to make money': Zerodha's Nithin Kamath issues warning that could save investors millions
New Delhi, June 25 -- Zerodha co-founder Nithin Kamath has revealed that long before building one of India's largest stockbroking platforms, he spent nearly two years associated with what eventually turned out to be a pyramid scheme.
In a post on X, Kamath said watching the web series Pyramid Scheme on Prime Video brought back memories of his late teens, when he was searching for ways to raise money to fund his trading account. The experience, he said, shaped his views on investing and reinforced a lesson that continues to guide him today: there are no shortcuts to creating wealth.
"When I started my career at ~18, I was trying to find ways to fund my trading account. For about two years, I got drawn into a multilevel marketing company ...
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