Manish Goel

About Manish Goel

SEBI Registered Research Analyst • Chartered Accountant

377 Articles Published

Manish Goel is a Chartered Accountant, SEBI Registered Research Analyst, and founder of Manish Goel PMS. 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.

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April 11, 2026

Infographic bar chart of yearly values FY20–FY25; blue bars, green for FY25, with end values 28, 26, 22, 18, 14, 11.

The Man Who Built Claude Just Told the World Where the Next Great Wealth Wave Is Coming From — Biotechnology

Dario Amodei, CEO of Anthropic, just declared on Nikhil Kamath's People by WTF podcast that biotech is about to have a renaissance driven by AI. Demis Hassabis, Sam Altman and Vinod Khosla independently agree — and are putting their own capital behind it. Here is what it means for the Indian long-term investor.

April 11, 2026

Infographic bar chart showing holding company discount from FY20 to FY25, decreasing from 38% to 16% with FY25 highlighted in green (16%). For context title: Holding Company Discount Decoded.

Holding Company Discount Decoded: Why Tata Investment, Bajaj Holdings & Kalyani Investment Trade at 40-60% Below Their Real Value — The Graham-Style Deep Value Opportunity Hiding in Plain Sight on the Indian Stock Market

Discover why Indian holding companies like Tata Investment, Bajaj Holdings, and Kalyani Investment trade at 40-60% discounts to their real NAV — and the step-by-step framework smart value investors use to separate genuine bargains from permanent value traps.

April 11, 2026

Hero header with title 'The Kelly Criterion' and green subtitle; four-color quadrant infographic labeled Trader (gray), Compounder (green), Drift (light gray), Speculator (orange) on a navy background.

The Kelly Criterion: The Mathematical Formula That Tells Indian Value Investors Exactly How Much Capital to Allocate to Each Multibagger Conviction — How Edward Thorp, Warren Buffett, and Charlie Munger Use This Bet-Sizing Secret to Compound Wealth Faster Than Anyone Else

Stock picking is only half the battle — bet sizing is the other half. Discover how the Kelly Criterion, the mathematical formula used by Warren Buffett, Charlie Munger, Edward Thorp and Mohnish Pabrai, tells you exactly how much capital to allocate to each high-conviction multibagger. The math behind concentrated investing decoded for Indian value investors.

April 11, 2026

Headline: The Cannibal's Strategy with a subtitle about aggressive share buybacks and a circular FY25 chart below on a dark blue background.

The Cannibals Strategy: Why Indian Companies That Aggressively Buy Back Their Own Shares Are About to Become the Hottest Wealth Creators of 2026 — How Smart Value Investors Can Profit From SEBI’s New Buyback Tax Regime Before the Crowd Wakes Up

MGMANISH GOEL PMS☰ HomePast PerformanceServicesMedia & PressBlogsAwards WhatsApp · 7380122211 VALUE INVESTING · BLOG The Cannibals Strategy: Why Indian Companies That Aggressively Buy Back Their Own […]