230- Warren Buffett's Birthday (Part 2)

InvestED: The Rule #1 Investing Podcast

Phil Town & Danielle Town

Investing, Business

4.6 • 1.6K Ratings

🗓️ 10 September 2019

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

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Summary

For show notes and more information, visit investedpodcast.com. Today on InvestED Phil and Danielle expand on their discussion of Warren Buffett and his achievements as he continues to inspire many to follow in his footsteps. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	On BBC A
0:02.0	I am doing life a few more years means nothing to me
0:06.0	I'm pregnant
0:08.0	judges go easy I'm pregnant women
0:10.0	I've been all my electricity that's all don't think I should even be in here.
0:14.0	A new series of the Baffa Award winning time.
0:18.0	You tell anyone and I mean anyone about me I will kill you. Starring Jody Whitaker tomorrow
0:25.2	Lawrence and Bella Ramsey. Time watch on BBC I player. Hey everybody this is Phil Town and this is Phil Town and this is Danielle Town
0:38.4	welcome to the invested podcast where we are absolutely getting fantastic at investing.
0:45.0	I love it getting fantastic.
0:50.0	Yeah and investing of course being defined as investing, not gambling, speculation, hoping something
0:59.0	goes up, having no clue what your own, that's all just speculation and that means pretty much everything all
1:05.9	you guys are doing is speculative gambling. You're in Las Vegas, you think you got your retirement
1:11.3	account under control and you're in Las Vegas and you don't even know it.
1:16.4	So investing, duh, is just buying something for less than it's worth, knowing it's going to be better down the road, a better, bigger, stronger, worth more.
1:29.0	Down the road.
1:30.0	Agree.
1:31.0	Agree.
1:32.0	This is investing.
1:33.0	Like cheering on our favorite football team, except only in the way where when you totally understand what the football team's going to do, then you would cheer them on and not out of pure childhood love.
1:45.2	Right? Okay, right. That was from our other remember our quick questions episode when
1:52.1	Paul asked us about speculation versus investing.
	...

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