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

Hero image for an article titled 'Dividend Yield Traps' with a subtitle about high-dividend Indian stocks, featuring a dark blue horizontal bar chart of FY20–FY25. Bars show FY20 3.2%, FY21 2.8%, FY22 2.1%, FY23 1.6%, FY24 1.3%, and FY25 1.1% (green). Top-left label 'Manish Goel PMS', top-right 'MULTIBAGGER · DAILY EDITION'.

Dividend Yield Traps: Why High-Dividend Indian Stocks Often Destroy Wealth — The 5 Forensic Tests That Separate Sustainable Payers From Silent Portfolio Killers

A deep dive into dividend yield traps in Indian markets: why an 8%+ yield is almost always a warning siren, how PSU, cyclical, and zombie-business traps work, and the 5 forensic tests every value investor must use before buying any dividend stock.

April 10, 2026

Hero image: article title 'The Dunning-Kruger Effect in Investing' with subtitle and a four-panel infographic showing Lucky, Disciplined Investor, Confused, and Bias-Trapped.

The Dunning-Kruger Effect in Investing: Why the Most Confident Traders Are Almost Always Wrong — And How Humble Value Investors Quietly Build Generational Wealth

SEBI data shows 9 out of 10 F&O traders lose money — the Dunning-Kruger effect explains why overconfident retail traders consistently blow up while humble value investors compound wealth for decades. Learn the 5 practical habits to escape Mount Stupid.

April 10, 2026

Infographic: Sum-of-the-Parts Valuation with horizontal bars for FY20–FY25; bars show values 38, 32, 26, 22, 19, and 16; FY25 bar is green on a dark blue background.

Sum-of-the-Parts Valuation: How Smart Indian Value Investors Unlock Hidden Value in Conglomerates Like ITC, Reliance, and Grasim — The Underused Valuation Method That Reveals True Worth When P/E Ratios Lie and Market Caps Mislead

How smart Indian value investors use Sum-of-the-Parts (SOTP) valuation to unlock hidden value in conglomerates like ITC, Bajaj Finserv, and Grasim — the underused valuation method that reveals what blended P/E ratios completely miss.

April 10, 2026

Annual bar chart showing declining figures from FY20 to FY25, with FY25 highlighted in green (FY20 28, FY21 26, FY22 22, FY23 18, FY24 14, FY25 11).

Bajaj Finance Transformation: The ₹10,000 That Became ₹3.23 Lakh — How Rajeev Jain’s 8 Strategic Pivots Turned a Sleepy Two-Wheeler Lender Into India’s Most Valuable NBFC and the Permanent Value Investing Lessons Every Indian Investor Must Learn Before Their Next Multibagger Hunt

MGMANISH GOEL PMS☰ HomePast PerformanceServicesMedia & PressBlogsAwards WhatsApp · 7380122211 VALUE INVESTING · BLOG Bajaj Finance Transformation: The ₹10,000 That Became ₹3.23 Lakh — How Rajeev […]