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InvestED: The Rule #1 Investing Podcast

251- Checklist

InvestED: The Rule #1 Investing Podcast

Phil Town & Danielle Town

Investing, Business

4.61.6K Ratings

🗓️ 14 July 2019

⏱️ 32 minutes

🧾️ Download transcript

Summary

In this week’s episode of InvestED, Phil and Danielle talk about the importance of creating checklists that are precise, efficient, easy to use under difficult circumstances, do not try to spell out everything and provide reminders about the most important steps. 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

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. Thank you. Hey everybody, this is Phil Town.

0:39.2

And this is Danielle Town.

0:40.2

Welcome to the Invested Podcast, where we are investing and learning to invest

0:45.1

like Warren Buffett Charlie Munger. You guys have heard this 250 times already.

0:49.8

I think you probably have a pretty good idea what we do here.

0:52.4

We do get the occasional I think you probably have a pretty good idea what we do here.

0:53.0

We do get the occasional comment that we tend to drone on in the beginning about how we do what we do and why we're learning what we're learning and people have heard it a couple

1:04.8

times. But I personally really enjoy the recap of... I'll say it a new way today.

1:11.9

Please.

1:13.0

Not new, old new.

1:14.0

There's nothing new under the sun.

1:16.0

Particularly in an investing strategy that's 90 years old.

1:20.0

Yeah, true.

1:21.0

There's nothing new.

1:22.0

But it doesn't hurt to repeat this that what we're trying to do is buy $10 bills for $5.

1:28.0

Oh, that's an intriguing. That is new. You've never said that before in the beginning.

1:33.0

And we're trying to do that. I mean, first off, that sounds like that'd be fun.

...

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