224- Buybacks (Part 1)

InvestED: The Rule #1 Investing Podcast

Phil Town & Danielle Town

Investing, Business

4.6 • 1.6K Ratings

🗓️ 30 July 2019

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

For show notes and more info visit www.investedpodcast.com This week, Phil and Danielle talk about companies using their extra money to buyback their own stock. Phil also talks about what a company being “too hard” means. A company is too hard when you can’t understand it, you can’t predict where they’re going to be in 10 years, or even companies you can’t figure out what they’re worth. Keep it simple. If there’s something about a company that you can’t understand, it’s simply, too hard. Here are a few options that companies have to do with their extra cash. They can issue dividends, which many companies do. They can buy back their own stock and they can just keep it and you use it for acquiring other companies or putting extra money into growing the company. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	At Eon Next, we believe life's better when you know you can get your hands on discounts across a range of home energy solutions, like boilers and solar panels, so you can treat your home to a bit of future proofing. We think that makes energy a little
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0:19.2	your energy. So visit eon next.com today. Discounts available to EonNex customers and 31st of December
0:25.0	2023. T's and C is Phil Town and this is Danielle Town
0:38.7	welcome to the invested podcast where we are basically figuring out how to invest like the very very best investors in the world and this by the way is not a broad group of people like we just did some encyclopediac view of the world of investing and
0:54.8	went out and picked everybody who ever made money as an investor and then we're
0:57.8	exploring what they did so you get completely confused that's not what we do here that's not what we do here.
1:03.2	Oh, that's not what we do?
1:05.0	No.
1:05.9	We are highly focused on just a handful
1:11.1	of the best investors in the world who happen to all invest the same way.
1:14.7	Warren Buffett calls this group of people the super investors of Graham and Doddsville and he
1:22.2	means this relatively small handful of people who all follow more or less the
1:28.1	teachings of Ben Graham and we would add to that the gurus Charlie Munger and Warren Buffett who have changed the idea of how an individual
1:41.0	investor goes into the stock market and makes money.
1:44.0	And it requires an education.
1:47.0	So we've been at this for quite some time
1:48.0	as I am educating my daughter, Danielle, who's now
1:51.0	been at this long enough that she's starting to repay the
1:55.0	favor and and and basically educate me a bunch of stuff. So with that overly lengthy explanation.
2:05.0	Everybody who's been listening to 200 of these is just like, oh please just get on with it.
2:11.0	All right, so we will.
	...

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