The honest way to learn the market
Learn the Indian stock market - read companies, charts, and yourself
My Stock Guide is a free, honest way to learn investing in India - a method of reading a company’s accounts, a chart, and your own behaviour, from “should you even be in the market yet?” to reading a balance sheet like a forensic accountant. No tips, no ads, no recommendations.
- 12 Readings
- 478+ lessons
- 27 book guides
- 41 investor studies
- Free · no ads
- No stock tips
The idea that runs through everything
The same number, opposite verdicts
Most courses hand you rules. We teach the inversion: the single number that is healthy in one business is a warning in another. See it once, and you can read any company on the exchange - not memorise, read.
An FMCG maker
Warning.
Goods are piling up unsold - demand may be slipping and a write-down could be coming.
A whisky distiller
Healthy.
Stock ageing in barrels is the business - more inventory is next decade’s profit maturing.
Same number. Opposite reads. That gap is the whole skill.
One idea, three directions: learn to read
Read a company
The P&L, the balance sheet, the cash flow - and why the same ratio means opposite things in a bank, an insurer, a hospital and a builder.
Read the market
Cycles, interest rates, liquidity, the rupee and flows - the weather you invest inside, so you position instead of guess.
Read yourself
The biases that make a tip feel true and a crash feel like the end - and simple ways to stop your own mind costing you money.
A pocketful of mental models
All 330 →Every idea comes with its flip side - where the same rule, pushed too far or read in the wrong place, misleads you. A few to carry:
Rule 1: never lose money
Rule 1: never lose money. Rule 2: never forget rule 1. A fall and a rise are not equal. Fall 50%, and you need a 100% rise just to get back to where you started.
Flips · 'Never lose money' cannot mean 'never take any risk'. It means never take the kind of loss you can never recover…
Circle of competence - and the case for indexing
Risk comes from not knowing what you are doing. So the honest answer for most people is simple: just own a low-cost index fund.
Flips · For the rare person who truly builds the skill (that is the whole point of R5), picking stocks can make sense. But…
Price is not value
A small unit price or NAV does not mean cheap. What matters is the assets behind the unit, not the number printed on it.
Flips · But rejecting every new or low-NAV fund on principle is also wrong. Sometimes a new fund offers a truly new spread…
Invert, always invert
To solve a hard problem, turn it around. Instead of asking how to win, ask how you would surely fail. Then just avoid that.
Flips · Pure avoiding can freeze you into never acting at all. Inversion is meant to remove the obvious ways to lose, not to…
The classics, distilled
All 27 book guides →Plain-English study guides to the investing and money books worth your time - one portable idea each, in our own words, applied to India.
One honest journey, end to end
All 12 Readings →- 0
Readiness
everyone · first
- 1
Foundations
everyone
- 2
Preparation
active path
- 3
The core skill
active path
- 4
Deploying capital
active · advanced
- 5
Elective
optional · risk-literacy only
Where to go
Honest by design
No stock tips, ever
A method of reading, never a recommendation to buy, sell or hold.
Free, no ads
No paywall, no newsletter wall, nothing sold. Read everything without an account.
Not advice
Educational only. The author is not SEBI-registered; always do your own due diligence.
Traceable
Every idea points to the primary source - the letters, memos and books it came from.