Herd behavior in investing leads individuals to follow the crowd, influenced by social pressure and word-of-mouth recommendations. This can result in frequent trading, missed opportunities, and overvaluation, all of which increase costs and risk. Avoiding these pitfalls requires independent research, a disciplined approach, and a focus on long-term goals.

Early memories of him were of a very quiet young man who kept a lot to himself and rarely came down in the evenings when we used to play games, etc. He completed his CA and then stock market caught his fancy.