24- Finding the Sticker Price and Margin of Safety Calculations
InvestED: The Rule #1 Investing Podcast
Phil Town & Danielle Town
4.6 • 1.6K Ratings
🗓️ 22 September 2015
⏱️ 55 minutes
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| 0:00.0 | Well, hi guys, I'm Phil Town. |
| 0:05.0 | And I'm Danielle Town. |
| 0:08.0 | And we're here to talk about Rule 1 investing, |
| 0:11.0 | Invested. |
| 0:12.0 | About being invested. About being invested. I know know I love that name. It has so many |
| 0:17.5 | connotations. It does. To really get it in depth to it. Yeah, I dig it. |
| 0:23.0 | Which is how I'm trying to feel about this whole thing. |
| 0:25.0 | But it has depth to it. |
| 0:27.0 | You know, it's really fundamental to great investing is to be committed. |
| 0:30.0 | Yeah, good point. |
| 0:32.0 | I think it's fundamental to grade anything is to be committed right sure I mean think |
| 0:37.0 | about you know a baseball player who's taking a swing at a ball it's like you can hit it out of the park |
| 0:41.5 | you better be committed to it, right? |
| 0:43.2 | You're fully engaged. |
| 0:45.8 | And so many people that I've worked with in my life have convinced me that their own |
| 0:52.1 | greatness came about as a result of being really committed. |
| 0:55.0 | Well, it's like the 10,000 hours thing that's become almost a hackneyed trope at this point. |
| 1:02.0 | But, you know, it's, to say it's that thought. |
| 1:04.2 | It's like if you're gonna be into something, |
| 1:06.6 | put the time in and you'll get good at it. |
| 1:08.4 | I don't want you guys to think you have to put in 10,000 hours. |
| 1:12.3 | All right. |
... |
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