Blogs | Multibagger Shares

April 22, 2026

Infographic Showing Roic by Year with Horizontal Bars Fy20 28 Fy21 26 Fy22 22 Fy23 18 Fy24 14 Fy25 11 Fy25 Bar in Green Highlighting Final Value

Return on Incremental Capital Employed (ROIIC): The Single Most Important Compounding Metric in Value Investing

ROIIC — not ROCE — is the metric Buffett, Munger, Fisher, Klarman, and Mauboussin converge on as the true long-term compounding signal. Here's how to calculate it on any Indian listed company, common mistakes to avoid, and a positive Titan Biotech FY25 case study with 9 audited disclosures.

April 21, 2026

Hero Header Titled manish Goels Information Decay Theory with a Green Subtitle on a Dark Blue Background and a 2x2 Color Grid Trader gray Compounder green Drift light Gray Speculator orange

Manish Goel’s Information Decay Theory: Why the Warren Buffett Quotes You Hear on Every YouTube Podcast Can Never Make You Rich

Millions of YouTube finance podcasts. Zero documented life changes. Yet numerous followers of my work report their financial lives have changed, and my CAGR is in higher triple digits — believed to be the highest among 20 crore Indian investors over the last 8 months. The reason is a theory I have developed: the Information Decay Theory. The value of any insight falls the moment too many people come to know it.

April 21, 2026

Hero Section Title hindsight Bias with Subtitle About Market Crashes Plus a 2x2 Colored Grid Labeled Lucky Disciplined Investor Confused Bias trapped to Illustrate Bias Themes

Hindsight Bias: Why Every Market Crash and Rally Feels ‘Obvious’ in Hindsight

Hindsight bias — Fischhoff's 'I-knew-it-all-along' effect — silently corrupts the Indian retail investor's feedback loop. Here's the academic source, the SEBI/IIM-B evidence, the decision-journal counter-measure, and a numbers-rich positive illustrative case from Titan Biotech's FY25 audited filings.

April 21, 2026

Altman Z score Chart from Fy20 to Fy25 Showing Bankruptcy prediction Values As Horizontal Bars 32 28 21 16 13 11 with Fy25 Highlighted in Green on a Dark Blue Background

Altman Z-Score: The Bankruptcy-Prediction Formula That Has Held Up for 6 Decades

How the 1968 Altman Z-Score and its modified Z'' variant work, why every Indian retail investor should run them as a first solvency filter, and how Titan Biotech (BSE: 524717) FY25 audited numbers illustrate a textbook safe-zone balance sheet.