423- FROM THE VAULT: How to Find and Follow Investing Gurus

InvestED: The Rule #1 Investing Podcast

Phil Town & Danielle Town

Business, Investing

4.6 • 1.6K Ratings

🗓️ 21 June 2023

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

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Summary

There are a number of ways that the average speculator can learn and benefit from the strategies and philosophies of the well-established greats like Buffett, but how can the savvy investor get the most out of the limited information available to us? In the constant battle between businesses and the legislators trying to reign them in, the deck is often stacked against the little guy. Luckily, that’s not always the case, and successful investors know how to find every advantage possible to build a portfolio that can withstand market volatility. This week on InvestED, Phil and Danielle answer some great questions they’ve received about how to find investing gurus that you can learn from. They’ll show you how to easily find the information you need from these investors, which will paint a clearer picture for you when it comes to your own personal investing journey.. To find out more about our investing philosophy, check out our NYT best sellers and get the first 2 chapters of each of our audiobooks: https://bit.ly/3N21M18 Topics Discussed: Index funds Pre-COVID Bitcoin Importance of following public filings of large scale investors Primary sources/secondary sources Resources Discussed: EDGAR InvestED Dataroma GuruFocus Holdings Channel WhaleWisdom Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hi everybody and welcome to Invested. I'm Danielle Town. We're going to have one
0:05.0	from the vault today for you. This one's interesting because it relates to the
0:10.3	tangentially I agree, but it relates to the artificial intelligence work that we've
0:15.0	been doing and hopefully getting into how we can do better research. So enjoy
0:19.9	and we'll be back next week. Thanks everybody and enjoy your practice. Bye!
0:30.8	Hey everybody, this is Phil Town. This is Danielle Town. And we're here for the
0:34.6	Invested podcast where we are learning to invest like Warren Buffett and Charlie
0:40.2	Bunger and like the best investors in the world are doing which is very
0:46.5	different than what you're learning from your financial advisor. From your
0:49.8	financial advisor you're learning that you cannot invest on your own that
0:52.8	it's really rocket science that in order to invest properly you have to buy
0:56.6	hundreds if not thousands of stocks through ETFs indexes and very
1:02.6	diversified mutual funds. You have to scatter your money across many many
1:06.2	different kinds of things and then you're protected from the ups and downs of
1:09.7	the market which is all true. Well not true exactly. You're not protected from
1:14.6	the downs of the market and the ups of the market. You can still go through a lot
1:17.3	of volatility but what is true is that you will probably in the long run do
1:22.9	pretty darn good. That is true. Wait a second. I got so lost in the long run of me
1:30.4	investing on my own or the long run of my financial advisor doing things for me.
1:34.7	In the long run of your financial advisor your robo advisor or doing it
1:39.1	yourself investing broadly diversified lots of different asset groups. I will
1:45.1	probably do okay. You'll probably do okay but you have to be the long run. You
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