Asia Book of Records and India Book of Records have recognised Tannay as the Youngest Published Research Author.
Mumbai, Aug 18: In today article, let’s meet the prolific 15-year-old teenager- Tannay Kumar. Tannay is the author of the book ‘The Man On Wall Street. Tannay’s first brush with finance and investing was when he saw his father investing, and at the tender age of 12, he started checking the stock market daily. To further solidify his knowledge, he took the national stock exchange examination as well.
While advising his friend, who was running a small, profitable business on investments, he realised that people don’t learn finance until much later in their life. He identified the need to spread financial literacy early on and wrote ‘The Man On Wall Street’. This book simplifies the most complex financial concepts and makes them comprehensible and interesting to a layman.
Tannay Kumar is also the founder and president of the Youth Stock Exchange, now known as the Global Youth Summit, a student organisation aiming to increase teenage financial investment and global political literacy. He believes that the youth today should be made aware of the core principles of finance and politics early to fight future inflation and create wealth for themselves.
Tannay has also been part of multiple research projects where he has also written several research papers published in a reputed journal. He has been recognised as the Youngest Published Research Author from Asia Book of Records and India Book of Records. In his last interview, he stated that his research aims to discover and impart knowledge for future development. “It is really important to share your opinions and the knowledge that you acquire with the world,” Not only this, but he continues to fuel his multifaceted talents of drumming, diving and coding, alongside blogging, podcasting and writing about his passion for finance.
His podcast World & Markets is a podcast that gives you an update on all the major economic events that have taken place recently. He is also a young philanthropist. During the COVID – 19 lockdown, he conducted a crowdfunding program where he single-handedly raised a sum of 1 lakh rupees which he used to help daily wage workers who had been let down and who lived on a hand to mouth basis. He was able to help more than 200 families. He is also working on multiple new projects as well.
Tannay is a student of Jamnabai Narsee International School, where besides all these activities, he has excelled at academic grades. Below is a small excerpt from our interview with Tannay.
A best-selling author at 15, huh? How does that feel?
Honestly, the feeling is yet to sink in. My sole goal to write a book was to make finance easy for everybody. I didn’t know it would be a sweep-away hit.
Why do you think finance is important for people to know?
I believe at the end of the day, it boils down to finance. Success today is quantified in the amount of money you make and the impact you have on people. For both these, finance is essential. In India, people depend on “so-called experts’, and sometimes they get taken for a ride. Knowledge about finance is imperative and will help you in every walk of life
How is this book different from all the others out there?
I wrote this book mainly for teenagers to increase financial literacy and it was created for teenagers by a teenager.
Finally, why should everybody read this?
Anyone interested in finance and who wants to learn how to invest, analyse stocks should definitely read it. It is a concise book but covers everything required
Anyone interested in personal finance and the world of investment must read this book. The book covers all the fundamentals required. This book will make your toes curl, and reading this thoroughly will prepare you for your big game in investment.