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InvestED: The Rule #1 Investing Podcast

229- Warren Buffett's Birthday

InvestED: The Rule #1 Investing Podcast

Phil Town & Danielle Town

Investing, Business

4.61.6K Ratings

🗓️ 3 September 2019

⏱️ 44 minutes

🧾️ Download transcript

Summary

For show notes and more information, visit www.investedpodcast.com. Warren Buffett is living proof that it is possible for an ordinary person of ordinary intelligence to invest and have low risk and high returns. On this week’s episode of InvestED, we celebrate Warren Buffett’s 89th birthday and commemorate all of his successes. 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 Accountant's Growth Club was,

0:05.3

knowing what cash I have is really important and 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.

0:28.1

Te's and sees apply. Hey everybody this is Phil Town and this is Phil Town and this is

0:37.5

Danielle Town and welcome to the invested podcast where we are figuring out

0:42.0

how to invest like the best investors in the world most importantly

0:46.2

Warren Buffett and Charlie Munger and what that means is that this podcast is dedicated to the idea, to the really revolutionary idea,

0:56.8

to the completely unaccepted idea by the mainstream, by academia, by Ivy League, that it is possible for an ordinary person of

1:07.6

ordinary intelligence to invest and have low risk and high returns.

1:15.0

That's what we're doing.

1:17.0

And people are out there right now going,

1:19.0

well, that's not one of the things I get to choose

1:22.0

when I talk to my financial advisor.

1:24.0

They give me choices between low risk, low returns, and high risk, high return, potentially.

1:30.0

And even though modern portfolio theory, which is designing all of these tests, says that you can't beat the market no matter what you do.

1:42.0

So, we sort of disagree with that and Buffett is living proof and

1:46.0

monger is and so are hundreds and hundreds of other people who are telling us

...

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