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InvestED: The Rule #1 Investing Podcast

161 - Why You Should Be Tuning in to Quarterly Earning Calls

InvestED: The Rule #1 Investing Podcast

Phil Town & Danielle Town

Business, Investing

4.61.6K Ratings

🗓️ 1 May 2018

⏱️ 36 minutes

🧾️ Download transcript

Summary

For show notes and more information visit www.investedpodcast.com We are coming to you this week to discuss the wonders of Chipotle and why it is so important to be present during quarterly earnings calls for the companies you own. We are also announcing some exciting meet & greet opportunities coming up this weekend! 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 Phil Town and this is Danielle Town

0:08.7

welcome to the invested podcast we are so excited today We're so excited to be talking about the best investing

0:17.9

strategies in the world that come from the best investors in the world who have been doing this successfully for 85 years.

0:27.0

And if you didn't grow up in a family with a lot of money and you didn't grow up in a family where they understood proper investing,

0:36.0

then we're going to invite you to join the Rule 1 family here via this podcast.

0:41.6

I was just thinking as you'd made description wait does that call does that do I qualify for that particular

0:48.7

designation because I'm sort of going wait a, I don't know what I'm doing, but I grew up in a family with a lot of money that knew about investing.

0:58.0

Hmm. So I guess I would say to you everyone out there, even if you grew up in a family with people who knew about investing,

1:06.5

and I have to say I've talked to a number of you out there who say to me, hey my dad also is a financial advisor, or hey my dad also is a financial advisor or hey my dad works in a bank or you know my mom

1:16.9

taught people about accounting like people come up to me and say this stuff and they

1:20.9

always end it with and I don't know anything about it either and I'm like yes because that's not the kind of thing like unless you somehow have this special interest in those kinds of things it's just not the kind of thing that you hear about at home. So it's all of us dad. It's all of us.

1:40.0

I think it is actually it really probably is I mean man I mean it's very hard for kids to just jump into adult activities that are

1:51.0

sort of from a kid's point of view not really very interesting until

1:54.9

later until you grow up and then you find out oh well interesting or not I

1:59.2

better do this because I'm in trouble. Well you know what nobody ever says... Yeah. Well it's like if you have a

2:07.6

parent who's let's say like a tax advisor nobody really expects you to be going around going, oh my God, what my parent does is so interesting and I'm learning so much about it and I'm 8 years old.

2:19.0

And even when you're a grown-up, all of us want to avoid the tax stuff.

2:23.4

I know that's so true.

2:24.8

Like that.

2:25.8

But I think people who are in the financial world

2:29.0

don't think of it like that, because you guys all think it's fascinating.

2:32.4

And we're kind of out here going

...

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