Hey everybody this is this is Phil Town this is Danielle Town and we are

here for the invested podcast where we discuss, we learn, we study how to be a great investor in the tradition

of what we're called the Rule 1 family,

which is a whole bunch of investors who believe very strongly

in what Ben Graham and Warren Buffett and Charlie Munger

have been teaching forever for 85 years. Well, Ben's been teaching it for 85 years. Well Ben's been teaching it for 85 years. He's gone, obviously gone.

Former professor at Columbia University, who is the mentor of Warren Buffett. This is not a good intro.

All right, but you're stuck with it.

Who is Warren Buffett mentoring? Give us the family.

Give us the tradition of masters masters the tradition of masters in the

rule one family is Ben Graham from Columbia University who taught Warren

Buffett who taught tons of other people and Charlie Munger who joined with Warren Buffett in the late

1950s, early 1960s, and together helped create this style of investing.

There we go.

Rule number one, baby.

Dad, what's rule number one?

Which is, don't lose money. What roll number two don't forget rule number one oh

I swear I I know how everybody's hearing this everybody's hearing this everybody's hearing this is saying yeah by low sell high

thank you so much for that yeah you'll lose your money yeah that's a really sage advice.

Thanks a lot.

But I think this is pretty important to talk about right now,

because last week we were discussing how sketchy the markets become according to our view of the market.

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