Why the market heroes you follow should not influence your buy-sell ideas

NEW DELHI: Hero worshipping has been in vogue in the world of investing for as long as it has existed. And its no different on Dalal Street.
In the early 1990s, people followed the original Big Bull, Harshad Mehta, then came Ketan Parekh in the late 90s, and now investors follow every buy-sell move, every stock spoken of and every comment made by the likes of Rakesh Jhunjhunwala and Radhakishan Damani keenly and try to execute them.
Cult Investing is an expression some market experts use to refer…

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