4.6 • 1.6K Ratings
🗓️ 13 April 2022
⏱️ 37 minutes
🧾️ Download transcript
Click on a timestamp to play from that location
0:00.0 | Hey everybody this is Phil Town and this is Daniel Town. |
0:15.0 | Welcome to the invested podcast we are we are peeling the onion or investing more in |
0:23.8 | stuff at style, Charlie Munger style and Phil Town style and Daniel Town style. Daniel's |
0:31.3 | my daughter and is in Switzerland where yeah and Switzerland as I have told a |
0:44.3 | few people following me I'm in this clinic trying to get better from long |
0:50.3 | COVID and if I'm breathing a little hard today it's because I'm breathing a |
0:55.3 | little hard today so bear with me guys trying to get my breathing better here. |
1:03.2 | Yeah so let's talk about investing practice what's going on we left off last |
1:10.5 | time talking about pricing power we like had a big discussion over pricing |
1:16.8 | power we ended up talking about inflation proof companies and I certainly |
1:22.5 | want to hear more about inflation proof companies but is that what's going on |
1:27.0 | in your investing practice dad? It sure is on top of your mind right now. Well I |
1:32.9 | think we've talked about inflation being such a dominant part of the |
1:37.1 | economic landscape that we have to invest in a way that will prevent us from |
1:42.9 | having losses due to inflation and inflation is this is a huge tax I don't |
1:48.3 | know if people are aware of this but it's a gigantic tax right now inflation in |
1:52.7 | the United States is running over 8% and that's just what they say it is and |
1:58.4 | calculated the way they used to do it back in 1980 before they started getting |
2:02.9 | clever the inflation rate is over 15% right now in the United States so it's |
2:08.2 | very very well the point of that is at 15% it cuts the purchasing power of your |
2:13.3 | dollar and half and five years so and at 8% it cuts it in half in nine years so |
2:17.6 | this is no joke people who are on fixed pensions will be crushed by the |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Phil Town & Danielle Town, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Phil Town & Danielle Town and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.