Blogs | Multibagger Shares

October 10, 2026

Cover Illustration on the Left a Navy Water Drop and on the Right a Gold Diamond Each with a Price Tag the Drop Marked Very Useful but Cheap and the Diamond Marked Hardly Useful but Expensive Under the Headline Water and Diamonds

Water and Diamonds: Why Something the World Cannot Do Without Can Still Be a Hard Business

Water keeps us alive, yet it sells for almost nothing. A diamond keeps nobody alive, yet it sells for a fortune. Here is what that old puzzle teaches us about telling a useful business from a profitable one.

October 9, 2026

Cover Illustration a Staircase of Five Navy Steps Showing the Order in Which a Typical Family Cuts Spending when Money Runs Short from a Holiday Trip and a New Sofa Down to Food Medicines and School Fees in Gold Under the Headline the Month the Money Runs Short

The Month the Money Runs Short: What Families Never Stop Buying, and Why It Matters to a Business

When money runs short, a family stops buying some things at once and other things never. A business that sells the second kind has steadier sales. Here is how to spot it, and why it is only the first step.

October 8, 2026

Cover Illustration a Funnel of Four Narrowing Navy Bars Labelled All Listed Businesses High Return on Capital Steady Dividends and Low Spending on Machines Ending in a Small Gold Bar for a Handful Under the Headline the Three Sieves

The Three Sieves: How Chandrakant Sampat, India’s Original Value Investor, Narrowed a Whole Market to a Handful

A grandmother sifts flour through a sieve so that only the fine part passes. Chandrakant Sampat did the same with the stock market, using three plain questions. Here is how they work, and why they still teach us something.

October 7, 2026

Cover Illustration Three Navy Bars Showing What an Idli Stall Can Do in an Hour at Each of Three Steps Grinding 300 Steaming 120 in Gold and Serving 200 Under the Headline the Slowest Step in the Kitchen

The Slowest Step in the Kitchen: Why a Business Can Only Move as Fast as Its Bottleneck

Every business is a chain of steps, and the whole chain can only run as fast as its slowest one. Knowing where that step is, and what it costs to widen it, tells you a great deal about the quality of the business.