Parikh introduced a radical idea:

Parag Parikh’s "Stocks to Riches" emphasizes that investor behavior, driven by psychological factors, is more critical to wealth creation than formulaic stock analysis. The work highlights the necessity of controlling emotions, maintaining patience, and avoiding biases like loss aversion and herd mentality to achieve long-term success. For further reading on these principles, you can explore the PPFAS Mutual Fund knowledge center founded by Parikh.