Multibagger Shares

About Manish Goel

SEBI Registered Investment Adviser • Chartered Accountant

448 Articles Published

Manish Goel is a Chartered Accountant and the Founder of Multibagger Securities Research & Advisory Pvt. Ltd. (SEBI Registered Investment Adviser, INA100007736). A full-time value investor since 2010, he writes on value-investing principles for education and general awareness.

August 19, 2026

Two shop counters compared: one manned by a single person with an empty space beside him, the other with a second trained person already at the counter

The Understudy: How to Tell Whether a Business Has Prepared for the Day Its Leader Leaves

A great manager is an asset. A great manager nobody could replace is a risk. A simple, beginner-friendly guide to reading a company's succession plan — and what it tells you about the quality of the people running the business today.

August 15, 2026

The promise ledger: three columns recording what a company said, what it did, and the gap between them

The Promise Ledger: How to Check What a Company Said Last Year Against What It Actually Did

Every year the people running a business tell you what they intend to do. Almost nobody writes it down. A simple three-column ledger turns those sentences into the one management test an outside investor can actually run.

August 10, 2026

The last mile: the road from the factory to the village shelf, and why distribution reach is one of the hardest advantages in business to copy

The Last Mile: Why Getting to the Shop Shelf Is One of India’s Quietest Moats

A great product nobody can find loses to an ordinary product that is everywhere. A plain-English lesson on distribution reach — the quiet, slow-built advantage that separates durable Indian businesses from the rest.

August 9, 2026

The Owner’s Chair: The Quiet Rights That Come With a Single Share

A share is not a ticket with a blinking price. It is a chair at the owners' table — with a report addressed to you, a vote that counts, a dividend that pays you, and a voice that lets you ask. A plain-English lesson on the quiet rights that come with a single share.