The 2024–25 SEBI study on the equity Futures & Options segment confirmed something most retail investors still refuse to internalise — 9 out of 10 individual traders incurred net losses, with aggregate trader losses crossing ₹1.8 lakh crore over three
Published: 30 April 2026 (Thursday) — Multibagger Shares — Manish Goel Most Indian investors I meet on Dalal Street are intelligent, well-read, and sincerely trying to compound their savings. Yet the majority will earn returns that lag the Nifty 50
Read time: 12 minutes. Reading level: serious long-term investor. The single most expensive shortcut in your stock-picking process is the one you don’t notice you are taking — judging a stock by how much it looks like another stock that
Every Indian investor has heard Warren Buffett’s famous line that “the most important number in financial statements is the one we never see.” That number is reinvestment. Specifically: how much capital a business is putting back into the ground each
Benjamin Graham wrote the most useful four pages in the entire history of investing in 1949, and the average Indian investor in 2026 still hasn’t read them. Chapter 8 of The Intelligent Investor introduces an imaginary business partner named Mr.
Every Indian retail investor has felt it — the strange paralysis of leaving things exactly as they are. The same mutual fund SIP from 2017, untouched. The same demat broker even after rates collapsed. The same Regular Plan despite knowing
The Securities and Exchange Board of India’s landmark 2024 study found that 9 out of 10 individual traders in the equity Futures & Options segment lost money — with aggregate net losses crossing ₹1.81 lakh crore over three years. As
Sir John Templeton, the man who turned a $10,000 borrowed cheque in 1939 into a global mutual-fund empire, distilled his entire stock-buying philosophy into one sentence: “The time of maximum pessimism is the best time to buy, and the time
Most Indian retail investors stop their fundamental analysis at net profit. They look at the bottom line, multiply by a P/E ratio, and decide whether the stock is “cheap” or “expensive.” But seasoned value investors – the kind who actually
“I’ll wait for confirmation.” “I want to see one more quarter.” “Let me check after the budget.” Indian retail investors say these phrases hundreds of times a year — and most of the time, the underlying psychological driver is not
India had 11 crore registered demat accounts at the NSE as of March 2026 — up from just 3 crore in March 2019. A retail revolution. Yet a SEBI study released in 2024 confirmed what disciplined value investors have always
Most of the disasters I have watched investors walk into over the last twenty-five years did not happen because they did not understand the company. They happened because the company was just hard enough to be confusing, just interesting enough
Daniel Kahneman’s dual-process theory is the most quietly powerful idea in modern behavioral finance. Master it, and you stop fighting the wrong battles inside your own head. Table of Contents Toggle The 60-Second Frame: Why This One Distinction Decides Most
Return on Equity (RoE) is the single most-quoted profitability ratio in Indian investing — and the most dangerously misunderstood. A brokerage WhatsApp group will scream “this stock has 25% RoE, multibagger ahead!” and an entire generation of new NSE registrants
You remember every stock you bought that went up. The 3x gain on that mid-cap chemical play? Clearly a product of your research. The 7-bagger in that pharma name? Vindication of your patience and conviction. But that fertiliser stock that