Part 6/8:
Looking back, Pulkit recognizes that many investment missteps were caused by succumbing to fleeting trends and speculative opportunities. During the pandemic, exotic investments such as cryptocurrencies, hot sectors like pharmaceuticals, and volatile tech stocks filled the landscape with tempting but risky options.
His advice? Focus on fundamentals. Conduct thorough due diligence, understand the intrinsic value of investments, and avoid jumping into investments simply because they are trending. He underscores that investing should be a disciplined, research-driven process rooted in an understanding of the underlying companies or assets.