Behavioral Finance | Multibagger Shares

May 25, 2026

Two-column layout: left panel with the title 'Subsequent Events Disclosure (Ind AS 10): What Events After the Reporting Period Reveal About Transparency' and a short descriptive paragraph; right panel shows a bar chart titled 'Subsequent-Events Footprint · 5-Year Trail' with five vertical bars for FY21–FY25. The FY21 bar is green, the others dark blue; values above bars indicate counts (FY21=1, FY22=1, FY23=0, FY24=1, FY25=1).

Subsequent Events Disclosure (Ind AS 10): What ‘Events After the Reporting Period’ Reveal About Corporate Transparency, Investor Risk, and Management’s Willingness to Share Bad News on Time

India's investing universe has grown to over 11 crore investors, but few know how to read the most under-appreciated paragraph in any audited annual report. Ind AS 10's 'Events After the Reporting Period' note can reveal a billion rupees of damage the headline numbers never show. Here is the 5-step framework, the two-category rule under SA 701, and an illustration of what disciplined disclosure looks like in practice.

May 24, 2026

Hero header with title 'The House Money Effect' and subtitle. A 2x2 color grid: top-left gray block 'Lucky', top-right green block 'DISCIPLINED INVESTOR', bottom-left light gray 'Confused', bottom-right orange 'BIAS-TRAPPED'.

The House Money Effect: Thaler & Johnson’s 1990 Discovery on Why Prior Gains Make Indian Long-Term Investors Take Reckless Risks With ‘Profit Money’

Thaler and Johnson 1990 documented the House Money Effect — investors take riskier bets with prior gains. Indian retail F&O data shows the pattern at population scale. The defence is procedural: weekly net-worth aggregation, pre-committed position caps, 30-day windfall quarantine, decision journaling.

May 24, 2026

Bar chart of depreciation-to-gross-block ratio by fiscal year, rising from 14 (FY20) to 22 (FY25), with FY25 highlighted in green vs. dark blue bars for earlier years.

Depreciation-to-Gross-Block Ratio: How One Schedule II Disclosure Reveals Asset Newness, Implied Useful Life & Capital-Intensity Discipline

Indian retail participation on the NSE has expanded from roughly 3 crore unique investors in 2019 to more than 11 crore in 2026 — a 3.6x […]

May 24, 2026

Hero title: "Wonderful Business at a Fair Price" with subtitle about Buffett and Indian compounds, on a dark blue background.

Wonderful Business at a Fair Price: The See’s Candies Pivot That Reshaped Buffett’s Mind in 1972 – and Why It Justifies Owning Quality Indian Compounders Today

In January 1972 Buffett wrote a $25 million cheque for See's Candies - the single most consequential trade of his career. Here is why Indian value investors must abandon cigar-butt thinking and pay for quality.