Blog · Page 14

Daily lessons in long-term investing

Plain-English lessons on judging businesses, reading annual reports and staying patient — 370 articles and counting, a new one most mornings. Educational only: none of these is a research report or a recommendation.

Sum-of-the-Parts (SOTP) Valuation: The Advanced Method to Uncover Hidden Value in Diversified Indian Conglomerates — Why the Whole Can Be Worth LESS Than the Sum of Its Parts and How Smart Investors Profit from the Gap

Imagine you own a house with a beautiful garden, a swimming pool, and a separate guest cottage. If you tried to sell the entire property as…

Share Buybacks: The Hidden Signal That India’s Smartest Companies Use to Create Wealth — Why Understanding Buyback Programs Can Help You Identify Multibaggers Before the Market Catches On

When a company announces that it will repurchase its own shares from the open market, something remarkable is happening beneath the surface. The management — the…

The Altman Z-Score: The Bankruptcy Prediction Formula That Warns You Before a Stock Collapses — How Smart Indian Investors Use This 50-Year-Old Model to Avoid Value Traps and Protect Their Capital

Every experienced value investor has a horror story — a stock that looked cheap on every ratio, had low P/E, decent dividends, and an impressive order…

Markets Roar Back +2.8% as Iran De-escalation Hopes Ignite FY27 — What Value Investors Must Know

April Fool’s Day brought no jokes for the bulls — only pure, unadulterated relief. After a devastating final week of FY26 that saw the Sensex crash…

DuPont Analysis: The X-Ray Machine That Reveals the TRUE Quality of ROE — Why High Return on Equity Can Be Dangerous and How Smart Indian Investors Decode It to Find Genuine Multibaggers

Every investor in India knows about Return on Equity (ROE). It is the single most popular profitability metric on Screener.in, Trendlyne, and every stock analysis platform.…

Free Cash Flow Yield: The One Metric That Separates Real Wealth Creators from Accounting Illusions in Indian Markets — A Complete Guide for Value Investors

In the Indian stock market, thousands of retail investors rely on the Price-to-Earnings (PE) ratio to decide whether a stock is cheap or expensive. While PE…

Interest Coverage Ratio: The Debt Survival Metric That Reveals Whether Indian Companies Can Pay Their Lenders — Or Are Heading Toward Financial Disaster

In the Indian stock market, investors love talking about P/E ratios, ROCE, and earnings growth. But there is one ratio that sits quietly in the financial…

Tax-Loss Harvesting for Indian Investors: How to Turn Your Portfolio Losses into Tax Savings on the Last Day of FY26 — The Complete Year-End Strategy Every Smart Value Investor Must Know

Today is March 31, 2026 — the last day of Financial Year 2025-26. While the Indian stock markets are closed for Mahavir Jayanti (the Sensex closed…

Promoter Buying: Why Insider Purchases Are the Most Powerful Buy Signal in Indian Markets — How to Track, Analyze, and Profit from Promoter Conviction in Small-Cap and Mid-Cap Stocks

Every serious investor in India wants to know one thing: what is the single most reliable signal that a stock is about to appreciate significantly? After…

Survivorship Bias: The Hidden Flaw in Your Investment Research That Makes Every Strategy Look Like a Guaranteed Winner

Survivorship bias is the hidden reason why every investing strategy looks brilliant on paper, every mutual fund track record looks stellar, and every success story seems…

The Endowment Effect: Why Indian Investors Overvalue Stocks They Already Own — And How This Hidden Bias Is Silently Destroying Your Portfolio Returns

Imagine this scenario. You bought shares of a mid-cap Indian company two years ago at ₹150. Today, the stock trades at ₹120. A friend shows you…

Howard Marks’ Market Cycles: How to Read the Temperature of the Market and Know When to Be Aggressive or Defensive — A Complete Guide for Indian Investors

Howard Marks built his fortune by mastering market cycles. With the Sensex crashing 1,635 points due to Iran war, his framework is more relevant than ever…

Receivables Days: The Red Flag Metric That Reveals Whether Indian Companies Are Getting Paid on Time — Or Heading Toward a Cash Crisis

Here is a scenario that has played out hundreds of times in Indian stock markets: a company reports rising revenues, growing profits, and an impressive order…

Manish Goel’s Bucket Hole Theory: Why Even One Deficiency in a Stock Can Destroy Your Entire Investment

In the world of investing, some of the most powerful ideas are also the simplest. Warren Buffett famously said, “Rule No. 1: Never lose money. Rule…

Joel Greenblatt’s Magic Formula: The Simple Two-Factor System That Returned 23.8% Annually for 20 Years — And How Indian Investors Can Use It to Find Hidden Multibaggers

Imagine a world where you don’t need to spend hundreds of hours reading annual reports, decoding management commentary, or tracking quarterly earnings to find great stocks.…

Vijay Kedia’s SMILE Framework: The Indian Investing Legend’s Proven System for Turning Small-Cap Hidden Gems Into Multibaggers — A Complete Guide for Smart Indian Investors

The Indian stock market closed sharply lower today — SENSEX down 1,636 points to 71,948 and NIFTY at 22,493. Global headwinds, Iran war tensions, and Goldman…

Gross Margin Trends: The Early Warning Signal That Separates India’s Future Multibaggers from Value Traps — A Complete Guide for Smart Investors

Today, as the Sensex plunges over 1,100 points to around 72,477 and the Nifty50 tests the 22,494 level amid the escalating West Asia conflict and Brent…

Charlie Munger’s Mental Models: The Latticework of Thinking That Turned a Small-Town Lawyer Into Buffett’s Secret Weapon — A Complete Guide for Indian Investors

Charlie Munger built a latticework of mental models that turned him into Warren Buffett's secret weapon. Learn the 8 most powerful thinking frameworks every Indian investor…

Sold a Quality Stock Too Early? Why Buying It Back at a Higher Price Is the Smartest Move You Can Make — Lessons from Buffett, Lynch and Fisher

Warren Buffett says mistakes of omission are far bigger than mistakes of commission. If you sold a quality stock like HDFC Bank, Infosys or Asian Paints…

Inventory Turnover Ratio: The Operational Efficiency Secret That Reveals Whether Indian Companies Are Building Wealth or Sitting on Dead Stock

Learn how the Inventory Turnover Ratio — one of the most overlooked balance sheet metrics — can help Indian value investors identify genuine wealth-creating businesses versus…

Working Capital Management: The Hidden Operational Metric That Reveals True Business Quality — How Smart Indian Investors Use This to Find Multibaggers Before the Crowd

There is a financial metric that separates genuinely great businesses from mediocre ones — one that does not appear prominently in any newspaper headline, rarely gets…

Loss Aversion: Why the Pain of a Market Crash Feels 2X Worse Than the Joy of a Rally — And How to Rewire Your Investment Brain for Multibagger Returns

On Friday, March 27, 2026, the BSE SENSEX crashed 1,715 points — closing at 73,558. Goldman Sachs slashed India’s GDP forecast to 5.9%. Iran tensions rattled…

Return on Assets (ROA): The Underrated Efficiency Metric That Reveals Whether Indian Companies Are Truly Creating Wealth — A Complete Guide for Smart Investors

When most Indian investors evaluate a stock, they focus on profit margins or return on equity. But there is one metric that cuts even deeper —…

The Narrative Fallacy in Stock Analysis: Why Indian Investors Fall for Compelling Stories Instead of Hard Numbers — And How This Bias Destroys Wealth While You Think You’re Being Smart

Nobel laureate Daniel Kahneman, in his groundbreaking book Thinking, Fast and Slow, introduced a concept that has quietly destroyed more investor wealth than any stock market…

The securities quoted in these articles are for illustration only and are not recommendatory. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.