4.6 • 1.6K Ratings
🗓️ 7 January 2020
⏱️ 42 minutes
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0:00.0 | Whether it's an under the radar genre or a proper out there podcast, sometimes it's better when you get weird, especially when it comes to switching up your soft drink, introducing new Dr Pepper Zero |
0:12.6 | with the same blend of 23 unique flavors, |
0:15.4 | it tastes just as weird as regular Dr Pepper, |
0:18.9 | but with zero sugar and zero calories. |
0:21.7 | It's a taste you can't quite put your finger on. |
0:24.1 | Weird. But in a surprisingly good way, try more weird with Dr Pepper Zero. Hey everybody this is |
0:36.1 | this is Phil Town and this is Danielle Town and welcome to the invested |
0:39.7 | podcast where we are figuring out how to invest like the best investors in the world and by the |
0:47.3 | way by that we very specifically mean people who invest. |
0:52.0 | Let us now define. |
0:54.8 | As opposed to speculate, there are phenomenal speculators out there, |
0:59.0 | some of whom own baseball teams, and football teams, but that's not what we do what we're trying to do |
1:06.6 | what we intend to do is make sure that we know that the companies that we buy or whatever we buy, whether it's a bicycle at a flea sale or a flea market or a house or anything else, whatever we buy we know we'll be able to sell it for more in 10 years. |
1:27.0 | Yeah, totally. |
1:28.0 | That's a fundamental definition. |
1:30.0 | Totally. |
1:31.0 | And I love that you always say that it can be anything because we talk so much about public companies because that's what's accessible to most of us small investors. |
1:40.0 | But it really helps me to think about it like no, it really can be anything, It can be the apartment down the street. It can be a private |
1:47.4 | company. It can be your own business that you're running. I've had people tell me they use these |
1:52.2 | principles to manage |
1:54.3 | their own businesses better, which is so smart. I think it's one of the smartest |
1:58.4 | things you can do actually. Totally. And it can be, you know, buying a bike that you know is worth a bunch and the person you're buying it from doesn't know that. It can be that. So lots of things. |
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