385 - Lost Money
InvestED: The Rule #1 Investing Podcast
Phil Town & Danielle Town
4.6 • 1.6K Ratings
🗓️ 7 September 2022
⏱️ 33 minutes
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Summary
Transcript
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| 0:00.0 | Hey, everybody, this is Phil Town. |
| 0:13.6 | And this is Danielle Town. |
| 0:15.4 | Welcome to the Invested Podcast where I do know what we talked about here. |
| 0:20.8 | We do, we do talk for the last seven years about trying to invest like the best investor |
| 0:27.0 | in the world, Warren Buffett. |
| 0:30.1 | The sidekick Charlie Munger and the rulers who have been following those guys, we call rulers, |
| 0:36.1 | because Warren says there's only one world investing and that's the world number one. |
| 0:42.1 | Don't lose money. |
| 0:43.4 | We've talked about that quite a lot indeed, indeed, and man, I lost some money. |
| 0:51.6 | What do you mean? |
| 0:52.8 | Yeah, I lost some money. |
| 0:54.3 | I hate it. |
| 0:55.3 | Should we stop recording and you tell me this offline? |
| 0:59.5 | No. |
| 1:00.4 | Tell me online then. |
| 1:01.9 | Yeah. |
| 1:02.4 | Tell all of our millions of listeners. |
| 1:05.0 | Well, I did all this work on Alibaba, right? |
| 1:07.7 | Yeah. |
| 1:09.0 | And then we sold it. |
| 1:12.2 | You did all this work on Alibaba and then you wait where's the buying part? |
| 1:15.4 | So you bought it. |
... |
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