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InvestED: The Rule #1 Investing Podcast

107- We Vote Our Money With Our Feet

InvestED: The Rule #1 Investing Podcast

Phil Town & Danielle Town

Business, Investing

4.61.6K Ratings

🗓️ 25 April 2017

⏱️ 40 minutes

🧾️ Download transcript

Summary

For show notes and more information visit www.investedpodcast.com This week Danielle and I discuss the United Airlines incident and the importance of leaders and integrity. As well as the strength of family-owned companies and the different classes of stocks with different voting rights. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hey everybody this is

0:06.2

this is Phil Town and this is Danielle Town

0:08.8

welcome to the invested podcast where we are we are learning about investing.

0:14.0

Warren Buffett's style.

0:15.0

That is what we're doing.

0:18.0

But it's expanding that we find as we go deeper into this.

0:21.0

It's expanding to really being looking into how people think and how people

0:27.4

behave and why we do what we do and lots of kinds of things sort of kind of yeah I mean I think my experience

0:36.8

over the last gosh I don't even know how long at this point more than a year has been that this style of investing this value

0:46.8

investing or what are we calling it deep value investing? Yeah I think that's

0:50.7

deep value is right we're very focused or focused value investing.

0:55.2

Warren Buffett's style.

0:56.2

Focused value investing.

0:57.7

Warren Buffett style, where you buy only a few companies

1:01.9

and you know all sorts of things about them and you think that they're awesome.

1:06.4

And this is my encapsulation of Rule Number 1 investing.

1:10.3

You think that they're awesome and you're certain that they're going to go up?

1:14.7

Yes.

1:15.7

At some point.

1:16.7

They might go down, but eventually they're going to go up.

1:19.2

Yes.

1:20.2

And what I've found is that you're right. It has made me think about, for lack of a better term, the world around me in a different way, in a way of like, oh, look at all of these corporations these companies these people

...

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