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InvestED: The Rule #1 Investing Podcast

154- Facebook Drop, Blue Apron Evaluation & Our New Book, Invested!

InvestED: The Rule #1 Investing Podcast

Phil Town & Danielle Town

Business, Investing

4.61.6K Ratings

🗓️ 20 March 2018

⏱️ 48 minutes

🧾️ Download transcript

Summary

For show notes and more information visit www.investedpodcast.com This week we briefly go over this morning’s Facebook drop in the market, before we dive right into Blue Apron’s evaluation. You won’t want to miss this episode if you want a step by step guide for looking into a company of interest. 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 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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