Hey everybody this is Phil Town this is Phil Town this is Danielle Town

we're here for the invested podcast where we're talking about investing surprisingly it's investing time

Dad what kind of investing do we talk about okay we're talking about the best kind of

investing the kind that actually makes you money in the long term

at high rates of return with relatively low risk and is much much better in the long run.

If you're willing to learn, then putting your money

into an index or a mutual fund.

If you're not willing to learn,

then we're going to be very happy to encourage you

to go do an index.

But if you're willing to learn, this can get you returns that are astonishing

compared to what happens by just scattering your money across the stock market.

And I have been very skeptical, but we're into this now a couple of years,

and I have to say, Dad, you're convincing me.

Ah, that's good here.

I think it's not just you that's convincing me, actually it's like the facts, to be honest, that are convincing me.

Well, part of convincing is this guy Warren Buffett who is phenomenal and has been teaching at the Berkshire Hathaway annual

meeting just a few weeks ago and I wanted to continue covering what Buffett had to say at that meeting.

We started last week with a few items that he was getting into, and I wanted to dive in more

if you want to, okay?

I do, yeah.

You mentioned a couple of really interesting things at the end of the last episode and

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