He believed in typically investing primarily in FMCG stocks or any other defensive sectors where there are long term returns and the volatility was very low. He was always of the belief the insurance should never be confused with investing. He was not interested in the quick road to riches. Mr. Parikh believed that Indian investors ought to look actively for value investing opportunities across the globe and argued that stocks such as Nestle and Google in the US markets were available at much more attractive valuations than many Indian stocks.
Stocks To Riches By Parag Parikh
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