154- Facebook Drop, Blue Apron Evaluation & Our New Book, Invested!
InvestED: The Rule #1 Investing Podcast
Phil Town & Danielle Town
4.6 • 1.6K Ratings
🗓️ 20 March 2018
⏱️ 48 minutes
🧾️ Download transcript
Summary
Transcript
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| 0:00.0 | Hey everybody this is |
| 0:06.2 | this is Phil Town and this is Daniel Town and welcome to the invested |
| 0:09.4 | podcast where we are talking about Warren Buffett, Charlie Munger, style, value investing, where |
| 0:16.3 | you buy stuff worth $10 and you buy it for $5 and you know it's going to be worth more in the future and you can put a |
| 0:25.0 | relatively large percentage of your money into a few things with lower risk |
| 0:30.4 | than sticking all of your money in a mutual fund. That's the idea. That's what |
| 0:34.4 | we're trying to understand more of. That's what I've been doing for 35 years. |
| 0:38.0 | And that's what I'm teaching Daniel. I've been doing it for two years. |
| 0:42.0 | Two years. And she's doing it for two years and she's doing farewell I might say I'm enjoying it |
| 0:48.0 | guys yeah I had no idea when we started this podcast where we would end up two and a half |
| 0:54.6 | years later it's completely insane but it's really been a great journey in my life |
| 0:59.9 | it's really like added a huge amount to my life. I was thinking last night about what it would be like if I didn't have my investing practice and I would feel bereft. I would feel like a real sense of |
| 1:12.8 | an emptiness of something missing. |
| 1:14.4 | Yeah, it really like I'm not, you know I wouldn't just say this. |
| 1:18.4 | No, you wouldn't. |
| 1:19.0 | I really feel like it really adds to my life to have this understanding. I was um honey. |
| 1:24.7 | Oh it was so sweet. Oh yeah that's really sweet. It's always nice when you know |
| 1:30.3 | you're a dad and you feel like you could actually add something to your |
| 1:33.2 | child's life that's good you know we try and make our mistakes but we try by the |
| 1:39.7 | way the book is is coming out in a week invested book it is about investing it's also |
| 1:45.4 | about some of the mistakes I made well it's about a lot of the mistakes I made and |
| 1:50.0 | you know just being people here. |
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