Several factors drive this demand:
We feel safe doing what everyone else does. Parikh calls this the "lemming instinct." If everyone is buying Infrastructure stocks in 2007, we buy. If everyone is selling in March 2020, we sell. Result? We buy high and sell low. Several factors drive this demand: We feel safe
Here is some content related to "Stocks to Riches: Insights on Investor Behaviour" by Parag Parikh: Several factors drive this demand: We feel safe
Here are some key takeaways from the book: Several factors drive this demand: We feel safe
The concluding chapters of Stocks to Riches leave the reader with a philosophical punch. Parag Parikh argues that the goal is not to become a crorepati (millionaire) at any cost. The goal is to become a who sleeps well at night.