Manish Goel

Manish Goel - SEBI Registered Research Analyst

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.

April 3, 2026
Hero title: Overconfidence Bias with subtitle about Indian investors and stock-picking skills; color-block infographic below showing four states.

Overconfidence Bias: Why Indian Investors Overestimate Their Stock-Picking Skills — And How This Silent Bias Is Destroying Your Portfolio Returns

MGMANISH GOEL PMS☰ HomePast PerformanceServicesMedia & PressBlogsAwards WhatsApp · 7380122211 VALUE INVESTING · BLOG Overconfidence Bias: Why Indian Investors Overestimate Their Stock-Picking Skills — And How […]
April 3, 2026
Hero header for an article: The Sunk Cost Fallacy with subtitle; a four-panel color infographic labeled Lucky, Disciplined Investor, Confused, BIAS-TRAPPED.

The Sunk Cost Fallacy: Why Indian Investors Keep Averaging Down on Failing Stocks — The Behavioral Trap That Costs Retail Investors Billions and How to Break Free

The Sunk Cost Fallacy is one of the most devastating behavioral traps in Indian investing — it makes investors keep averaging down on failing stocks, losing billions. Learn how to break free with the Fresh Eyes Test and a quarterly portfolio audit framework.
April 3, 2026
Bar chart of discounted cash flow (DCF) by fiscal year from FY20 to FY25, showing a decline from 38 to 16 (FY25 in green).

Discounted Cash Flow (DCF) for Beginners: The Gold Standard Valuation Method That Tells You What Any Stock Is TRULY Worth — A Complete Step-by-Step Guide for Indian Investors

MGMANISH GOEL PMS☰ HomePast PerformanceServicesMedia & PressBlogsAwards WhatsApp · 7380122211 VALUE INVESTING · BLOG Discounted Cash Flow (DCF) for Beginners: The Gold Standard Valuation Method That […]
April 3, 2026
Infographic: Price-to-Book (P/B) Ratio bar chart from FY20 to FY25; bars show 38, 32, 26, 22, 19, and 16 (green) for FY25.

Price-to-Book (P/B) Ratio: The Fundamental Valuation Metric That Reveals Whether You’re Buying Indian Stocks at a Discount or Paying a Premium — A Complete Guide for Smart Value Investors

MGMANISH GOEL PMS☰ HomePast PerformanceServicesMedia & PressBlogsAwards WhatsApp · 7380122211 VALUE INVESTING · BLOG Price-to-Book (P/B) Ratio: The Fundamental Valuation Metric That Reveals Whether You’re Buying […]
+91-7380122211