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Manish Goel - SEBI Registered Investment Adviser

About Manish Goel

SEBI Registered Investment Adviser • Chartered Accountant

423 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 has helped thousands of investors build long-term wealth through quality stock picking and disciplined fundamental analysis.

May 19, 2026
Website hero with title 'Capacity to Suffer' and subtitle, plus a two-by-two grid: Trader (gray), Drift (light gray), Compounder (green), Speculator (orange).

Capacity to Suffer: Tom Russo’s Doctrine on Why Long-Term Compounders Tolerate Short-Term Reported-Earnings Drag

Tom Russo's Capacity to Suffer concept names the rarest corporate trait: management willingness to depress today's reported earnings to fund tomorrow's moat. Illustrated with Titan Biotech FY25 audited markers.
May 18, 2026
Infographic titled The Bias Blind Spot with four labeled blocks: Lucky (grey), Disciplined Investor (green), Confused (light grey), Bias-Trapped (orange) on a dark blue page.

The Bias Blind Spot: Pronin, Lin & Ross (2002)

Pronin, Lin & Ross's 2002 Stanford research on the meta-bias that hides every other cognitive error — why education makes the blind spot worse, the SEBI F&O data that shows ₹1.81 lakh crore of Indian retail losses for what they really are, the six external-structure counter-measures, and how Titan Biotech's FY25 governance architecture (4 of 11 independent directors, 14 board meetings, CFO/OP at 103%, contingent liabilities down 39.7%) illustrates the institutional version of Munger's iron prescription.
May 18, 2026
Hero banner with title 'Vigil Mechanism & Whistleblower Policy Disclosures' and a green FY21–FY25 timeline on dark blue background, conveying process milestones.

Vigil Mechanism & Whistleblower Policy Disclosures: SEBI LODR Regulation 22 and Companies Act §177(9)

How to read the Vigil Mechanism / Whistleblower Policy section of an Indian Annual Report — the three overlapping laws, the five-component checklist, and what Titan Biotech FY25's governance markers illustrate. Educational only — not a buy/sell call.
May 18, 2026
Hero header with title 'Buffett’s Four Filters' and subtitle, plus a two-by-two color grid: Trader (gray), COMPOUNDER (green), Drift (light gray), Speculator (orange).

Buffett’s Four Filters: The 1977 Berkshire Letter Acquisition Checklist Refined in the 1994 Owner’s Manual

Buffett's four filters — understandable business, favourable economics, able-and-trustworthy management, sensible price — applied step by step to Titan Biotech's FY25 audited numbers, in their canonical sequential order.
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