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InvestED: The Rule #1 Investing Podcast

143- Phil's Favorite Gurus: Allan Mecham

InvestED: The Rule #1 Investing Podcast

Phil Town & Danielle Town

Business, Investing

4.61.6K Ratings

🗓️ 5 January 2018

⏱️ 44 minutes

🧾️ Download transcript

Summary

For show notes and more information visit www.investedpodcast.com This week on InvestED podcast, Danielle and I are coming to you live from San Diego, California to continue our discussion on investing gurus and to reveal one guru that Phil follows. Take a look into Allan Mecham’s portfolio with us. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hey everybody this is Phil Town.

0:05.0

This is Phil Town.

0:07.0

Welcome to the Invested Podcast

0:10.0

where we talk about, oh by the way, we talk about investing in 2018.

0:16.5

Oh yeah, happy new year.

0:17.5

Yeah, happy new year.

0:18.3

Thank you.

0:19.3

I'm so glad you're here.

0:21.1

This is great.

0:21.8

We're here on our podcast together. Yeah. Well together together. I'm glad we're together in the same room exactly because usually we're doing this over the interwebs across the ocean and today we're like right next to each other which is really exciting

0:37.0

visiting San Diego.

0:38.0

Yeah, yeah for Christmas so we thought we'd shoot a few of these.

0:41.0

And we thought we would videotape it which is what we're doing.

0:44.0

So welcome to the Invested Podcast and by the way this is a podcast about investing

0:51.0

the way Warren Buffett does it the way Charlie Munger does it,

0:55.0

Guy Spear, Monash Pibri, Alan Meachim, who we're going to talk about today.

1:00.0

The best investors in the world, these are people with rates of return that are exceeding 20 percent sometimes

1:06.0

A few of them have exceeded 30 percent for you know over 20 years

1:10.3

Which is just so flipping stunning right so if we're going to learn how many percent over

1:16.6

30 percent Rick Yerran did over 30 percent for over 20 years. Per year.

1:23.0

That doubles your money almost every two years.

1:25.0

It's just a crazy number of what that gets to.

...

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