Introduction
About the book-
This book “Stocks to Riches” focuses on the importance of Behavioral Finance, a branch of finance that combines psychology and numbers. The book starts from the basics such as:
What is an investment? How is it different from speculation? The various techniques of investing then move towards the advanced concepts such as the psychology of investing, decision making, concepts and terms used in Behavioral Finance, mental models, etc. The book gives real-life examples and is a must-read for beginners who want to make wealth through stock market investing.
About the author-
The book is written by Late Shri Parag Parikh. He was a stock broker and the founder of an asset management company, Parag Parikh Financial Advisory Services (PPFAS). Parikh was a long-term investor, a perpetual bull and a disciple of Warren Buffet. The unfortunate event of his death also took place in Omaha, where he had gone to attend the famous Berkshire Hathaway Annual General Meeting and had met with a road accident.
Buy the book-
The book is a great resource to new investors because it provides them with the temperament that is essential for success in the stock market. We highly recommend you to read the entire book. (affiliate link)
