17- How to Read a 10-K Report
InvestED: The Rule #1 Investing Podcast
Phil Town & Danielle Town
4.6 • 1.6K Ratings
🗓️ 4 August 2015
⏱️ 53 minutes
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| 0:00.0 | Well, hi everybody, this is Phil Town. |
| 0:05.0 | And this is Danielle Town. |
| 0:08.0 | We're here to talk about Rule 1 investing. |
| 0:12.0 | And what does that actually mean and who's Warren Buffett and |
| 0:17.7 | Charlie Munger and why are they doing the things they're doing in the world |
| 0:20.1 | and making so much money and how do we do it too? |
| 0:23.0 | What's to do when you see something in the checkout line and you're like, |
| 0:27.0 | that's a cool product? |
| 0:28.0 | Yeah, that's... |
| 0:29.0 | Who else is buying this? |
| 0:30.0 | And we were talking last time about Whole Foods, you know? |
| 0:33.0 | And we got the Whole Foods because you were looking at Justin's Nutbutter. |
| 0:38.0 | Yeah, exactly. |
| 0:39.0 | Well, I was standing in the checkout line at Whole Foods, trying very hard and succeeding, thank goodness, to resist Justin's |
| 0:46.2 | peanut butter cups, which are so good. |
| 0:49.2 | Because they have sugar in them. |
| 0:51.4 | And because they're made with really good ingredients. That's why. I mean like you |
| 0:55.3 | can buy the Reese's. They're the same thing except that they're really not. They both |
| 1:02.1 | have sugar though. |
| 1:03.0 | So we started exploring how you would make an investment in Justin's if you really like them and found |
| 1:11.3 | out they weren't public. |
| 1:12.3 | Yeah, if I suspect be the case. them and found out they weren't public. |
... |
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