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InvestED: The Rule #1 Investing Podcast

346- Investing Checklist Logistics - Part 2

InvestED: The Rule #1 Investing Podcast

Phil Town & Danielle Town

Investing, Business

4.6 • 1.6K Ratings

🗓️ 7 December 2021

⏱️ 41 minutes

🧾️ Download transcript

Summary

After walking through the first few steps of the Investing Checklist -- Munger’s 4 Principles, Ackman’s 8 Point Checklist, basic valuation, and research -- what comes next? A good place to start is by choosing a company or industry that’s relatively easy for you to understand and practice digging deeper in research using the checklist...even if you don’t end up investing in that company. Join Phil and Danielle as they continue their conversation about the Investing Checklist Logistics to dig even deeper and help you better understand the companies you’re interested in and the best process you should follow to see success when it comes time for you to invest. To see the must-have investing checklist Phil and Danielle use, download your own copy for FREE here: https://bit.ly/3Inmmpv Topics discussed in this podcast: Investing Checklist The Role of Competition Investing Research Investing Resources Additional resources discussed in this podcast: Investing Checklist Logistics - Part 1 Peter Thiel’s “Competition is for Losers” Innovation Stack by Jim McKelvey Must-Have 90 Question Investing Checklist Evernote 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

Hey everybody, this is Bill Town.

0:06.8

And this is Daniel Town.

0:08.3

Welcome to the Invested Podcast where I am having a blast for the last five years talking

0:13.7

to my daughter about what I love to do, which is invest in companies.

0:20.0

And what I've been doing for 40 years and what she's been doing for gosh since about

0:25.4

2015 is five, six, six or seven years now.

0:29.9

Yeah.

0:30.9

Yeah.

0:31.9

Pretty good.

0:32.9

Wow.

0:33.9

And she's gone from like full blast merger acquisition attorney to now attorney slash

0:40.1

writer slash financial investor, now pretty cool.

0:46.4

And we're hoping you guys are enjoying this journey with us and perhaps some of you are

0:51.3

on your own journey like this.

0:53.7

A number of we teach a lot of students how to invest in a lot of them are on this journey.

0:59.0

A lot of these of these students have gone from being financial novices and not really

1:06.8

having much of an idea of investing other than just diversify, you know, do what everybody

1:11.1

tells you to just absolutely doing their investing on their own in the style of Warren Buffett

1:18.9

and Charlie Munger and other great investors.

1:21.4

So we're excited.

1:22.8

And a lot of people are coming along with me on my side of it of the holy crap with

1:27.5

the heck am I doing here?

...

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