244- A Hero's Journey

InvestED: The Rule #1 Investing Podcast

Phil Town & Danielle Town

Investing, Business

4.6 • 1.6K Ratings

🗓️ 17 December 2019

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

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Summary

Just as a hero does, a Rule #1 investor starts as a person in the ordinary world who experiences a call to adventure. They then have to cross the threshold into investing, go through tests, learnings, and many times face failure before they find success. For show notes and more information visit www.investedpodcast.com. 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
0:36.2	this is Bill town and this is Danielle town welcome to the invested
0:39.6	podcast where we for the last 243
0:46.9	podcast have been working through Charlie Munger and Warren Buffett's
0:50.8	very simple investing strategy, which if you'll manage to recall,
0:57.3	Daniel, as we're learning this, it matters that you understand the business that it has a big moat that it has
1:06.3	management you trust and you buy it on sale yeah so simple so they do the rest of
1:12.1	the semester what would they do the rest of the semester?
1:13.0	What would we do for 240 podcasts, 44?
1:17.0	Yeah, we're on 244.
1:20.0	And all I can think is, we're slow.
1:24.0	Of course we're slow.
1:28.0	Of course we're slow.
1:30.0	That's the definition of us. I was just saying to somebody the other day that I think basically
1:38.6	the theme of my life is that I get there but I just get there late. With everything.
	...

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