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InvestED: The Rule #1 Investing Podcast

159- When To Exit the Market: Intrinsic Value

InvestED: The Rule #1 Investing Podcast

Phil Town & Danielle Town

Business, Investing

4.61.6K Ratings

🗓️ 17 April 2018

⏱️ 50 minutes

🧾️ Download transcript

Summary

For show notes and more information visit www.investedpodcast.com This week we continue our talk about when to sell and when to get out of the market. Today you’ll learn how to ensure that when the stock market corrects, you have enough value to be able to invest and capitalize on the situation. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hey everybody this is Phil Town and this is

0:05.0

Daniel Town and this is Danielle Town.

0:08.0

Welcome to the Invested Podcast where we discuss

0:12.0

we try to learn we try to emulate Warren Buffett, Charlie Munger, and great investors

0:18.0

that are in the tradition that we call, the Rule 1 tradition, from Warren's statement that there's only two rules of investing.

0:24.5

Rule number one, don't lose money, and Rule number two, don't forget Rule number one.

0:28.8

And that's what I'm teaching Danielle.

0:30.8

That was the title of your first best selling book, which was number one.

0:37.0

And then you had a second best selling book, which hit number one.

0:42.4

And now we have a third best selling book invested, which is number one in the entire country this week.

0:51.4

So exciting, we have a national number one bestseller. LA Times just

0:55.9

penned it as number one best-selling non-fiction book in America right now.

1:00.8

Out gunning. It's insane insane all the other ones that are out there

1:05.2

which boggled my mind you guys thank you for buying this book I'm I'm just like we

1:11.6

don't even have we don't know what to say anymore. This is so

1:15.4

amazing the reception that our book invested has gotten from all of you and thank you

1:21.5

for buying it and thank you for loving it, thank you for sending us

1:24.5

messages about it, thank you for reading it and seeing yourselves in it. I think the

1:30.1

coolest thing is that people see themselves in both of us as they read it as they see like the

1:36.7

father they see the daughter they see the person who's freaked out they see the person who's

1:41.5

starting to get it like whatever part of our journeys

1:44.2

you and I were on.

...

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