Well, hi everybody this is Phil Town. This is Danielle Town and we're here for the

podcast Invested where we discuss Rule 1 Invest, being mindful about your money.

Yoga money.

Yoga, that's what we should call it.

We're talking about Rule 1 style investing.

That's Warren Buffett, Charlie Munger. The basics are really, really simple. Charlie thinks are so simple that professors won't teach it in universities because what would they do the rest of the semester?

Sounds fabulous to me.

Yeah, pretty good.

You go and you take the first class, you get half an hour,

actually you get one minute of Charlie telling you, look, it's really simple.

All you do is be capable of understanding the

company make sure it has intrinsic characteristics that give it a durable

competitive advantage make sure that the management team has integrity and

they're talented and make sure it has some sort of

of safety that you're getting a deal on the price.

That's it folks you're done.

All right. Fair enough. Why you listen to this podcast? It's so simple.

Suddenly there are all these other things to talk about though.

Yeah. I have to add that today I have tonsilitis, as you know, and I'm on antibiotics and I have a little bit of a fever, so I'm going to try to keep up, but I can't talk super loudly.

We're down here in Sarasota. Daniel's visiting me

from Zurich right now and she got tonsilitis and it's not sunny. For the third time in like six

months man.

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