Most retail Indian investors stare at the share price 50 times a day and never look at the book value once a year. That single habit is why 9 out of 10 of them lose money in F&O (per the
📅 Published May 02, 2026 (Saturday) There is a kind of investment outcome — both spectacular wealth-creation and spectacular wealth-destruction — that no single explanation ever fully accounts for. The 2008 Lehman collapse was not “just” leverage. The 2018 IL&FS
The behavioural mistake that quietly destroys more long-term wealth in Indian retail portfolios than any other is not loss aversion, herd mentality or even recency bias — it is the simple, hard-wired compulsion to do something when the right answer
India’s equity markets now host more than 11 crore unique investors registered with NSE — up from barely 3 crore as recently as January 2020. Yet a SEBI study famously found that 9 out of 10 individual traders in the
One of the most useful sentences ever written about equity investing is buried in a 1977 Fortune essay titled “How Inflation Swindles the Equity Investor”. Warren Buffett, then 47, made an argument almost no Indian retail investor has internalised half
If you can imagine, in vivid and unflattering detail, the precise way an investment will fail before you ever click “Buy” — and write that obituary down in the first person — you have already deactivated more than half of
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