1411: 6 Principles The Best Investors Use to Crush The Market by Phil Town of Rule One Investing

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Self-improvement, Education, Business

4.4 • 1.3K Ratings

🗓️ 19 January 2021

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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Summary

Phil Town of Rule One Investing shares six principles that the best investors use to beat the market. Episode 1411: 6 Principles The Best Investors Use to Crush The Market by Phil Town of Rule One Investing Phil Town's portfolio has been ranked No. 1 by the American Association for Individual Investors when it produced a 50% rate of return. He has a passion for investing that is hard to beat and he wants to share it with you. Phil has written three New York Times #1 Best-Selling Investment Books, Rule #1, Payback Time, and Invested, and he's been invited to speak on TV shows on CNBC, FOX, and MSNBC. The original post is located here: https://www.ruleoneinvesting.com/blog/investing-news-and-tips/6-principles-the-best-investors-use-to-crush-the-market/ Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is optimal finance daily episode 1411.
0:03.6	Six principles the best investors used to crush the market
0:07.8	by Philtown of Rule 1 Investing.com
0:11.3	and I'm your host and personal finance enthusiast Diana Merriam.
0:15.0	This is the show where I read to you from the best personal finance blogs on the web,
0:20.0	with the author's permission, of course.
0:22.0	And now let's get right to it and start optimizing your life.
0:26.7	Six principles the best investors used to crush the market by Philtown of Rule 1 Investing.com.
0:38.0	The following six principles come from the Rule Number One tradition.
0:43.0	In 2014, the nonprofit group,
0:46.0	the American Association of Individual Investors
0:49.0	rated the Rule Number One Hedge Fund Strategy
0:52.0	the Number One Hedge Fund Strategy number one hedge fund strategy last year. Our hedge fund
0:54.2	strategy last year. Our hedge fund produced 50% returns last year. The
1:00.2	best investors in the world use these six principles. They are awesome.
1:04.8	They have been around since the 1930s and they are still practiced today by the best investors in the world.
1:10.4	Investors like Warren Buffett, Charlie Munger, David Einhorn, Monish Pabry, and myself all use these six principles and we get great returns.
1:20.0	Rule number one states don't lose money and these six principles are always on my mind to help me avoid violating that critical rule
1:29.0	Number one radar. This is easier said than done when you're investing real money.
1:35.0	Money you can't afford to lose tends to be hot or emotional.
1:39.0	Pro-gamblers try avoid sitting down with more than they can lose, but anyone investing all of their own
1:45.5	hard-earned money is always sitting down with more than they can lose. Fear of losing
	...

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