198- IPOs & Uber

InvestED: The Rule #1 Investing Podcast

Phil Town & Danielle Town

Investing, Business

4.6 • 1.6K Ratings

🗓️ 29 January 2019

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

“When we value a company we want to look at a company that has a track record of 10 years. Especially, the last 10 years. IPOs are in the risky biz portfolio for lack of a long track record. ” - Phil Town This week we discuss why we’re in such a wild stock market. The market dropped 15% and is working its way back up. We've got the “Trump Effect” going on and we're in our 10th year of no recession. That's the longest in American history. We’re also at a Shiller PE that hasn’t been this 140 years it's only been where it is now 4 other times. Although Phil is pretty reluctant to talk about it, we do talk about upcoming IPOs and if an IPO is mature enough to do a Rule #1 analysis on them. For show notes and more information visit investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Are you ready for a Monzo Business Bank Account?
0:03.3	Heather from the Accounters Growth Club was,
0:05.2	Knowing what cash I have is really important and
0:08.3	monzo business makes it easy.
0:09.8	It automatically puts 20% of my income into a tax pot.
0:14.0	When it's time to pay your VAT, I always know the money's there.
0:17.0	If you're ready for a Monzo business account, apply today.
0:20.0	Just search Monzo Business. Only sole traders or limited company directors in the UK can apply.
0:25.0	Get tax pots with Monzo Business Pro for £5 a month.
0:28.0	Tees and sees apply. Hey everybody this is Phil Town and this is Phil Town and this is
0:37.6	Danielle Town. Welcome to the invested podcast where we absolutely are learning
0:42.0	how to invest Warren Buffett style based on a conversation
0:45.8	going on here between my daughter and I, my lovely, lovely daughter who thinks I'm full of it sometimes.
0:53.3	That's not true.
0:56.3	Pretty true.
0:57.3	Anybody that's listened to these podcasts, no.
1:00.6	I just need a little clarification,'s all little clarification and and we're getting there I think it's it's been a really really interesting couple of years here and we have a lot of podcasts if you guys want to review them if you're just
1:14.2	new to this where they're out there and they're really good to work through there's a
1:17.4	lot of investing education there in the school of investing founded essentially by Ben Graham and Warren Buffett and
1:25.9	Charlie Munger and added to you know to a great degree actually by Charlie Munger
1:32.0	who is the one who encouraged Warren to be looking for
1:35.3	wonderful businesses and buy them on sale and that's really the essence of investing here that we're trying to go through and learn and study in the real
	...

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