If you decide to go ahead and invest in the same stocks as a celebrity investor, study them before betting your money. Photo: Shutterstock
Celebrity fund manager Prashant Jain left HDFC Mutual Fund recently after a stint lasting more than two decades. His investment moves were reported and keenly watched by many. Similarly, the investment community avidly tracks the ‘buy’ and ‘sell’ moves of celebrity investors such as Rakesh Jhunjunwala and Radhakishan Damani.
While it is interesting to know what these celebrity investors and fund managers ‘buy’ and ‘sell’, retail investors must think twice before blindly replicating their moves.
Celebs know their game
Celebrity investors have an obvious advantage over retail investors since they their investments are backed by a massive amount of research.
First Published: Aug 12 2022 | 6:37 PM IST