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InvestED: The Rule #1 Investing Podcast

45- Payback Time & The Lemonade Stand

InvestED: The Rule #1 Investing Podcast

Phil Town & Danielle Town

Business, Investing

4.61.6K Ratings

🗓️ 16 February 2016

⏱️ 50 minutes

🧾️ Download transcript

Summary

In this week’s episode, we show how you can value a company with only basic financial understanding, and how to find payback time of a business. - Show notes and more info visit: www.investedpodcast.com -Get 6 Principles Video Series visit: www.investedpodcast.com/rulers - Live Transformational Investing Workshop visit: www.investedpodcast.com/workshop - For questions to be answered on the show, email: questions@investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Well, hi everybody, this is Phil Town. This is Daniel Town.

0:07.0

We're here for Invested the Podcast about getting invested in your life and finances and making money?

0:15.8

Yeah, making money.

0:17.8

It's about being mindful about your money, knowing what's happening, not sticking your head in the sand,

0:25.0

taking it out of the sand and looking around what's going on in your life.

0:28.4

But through a very specific pair of glasses that we're looking at,

0:32.1

so if the world is sort of like

0:34.2

dependent on the color glasses you have on you see your red sunglasses you see a red world

0:38.8

we're looking through

0:40.6

Warren Buffett Charlie Munger Ben Graham Graham Glasses at the world of finance.

0:45.8

Yes, we are.

0:46.8

You're looking through those lenses and we're perceiving the world a certain kind of way.

0:51.9

From the view of what I think some people call value investing

0:56.0

but it's not really the right name for it.

0:58.0

Yeah you've said that to me before I think we need to come up with another name for it because

1:01.6

I'm a little unclear as to what it actually is.

1:06.4

If it's not value investing.

1:07.8

I've seen it called GARP.

1:09.8

What's that at?

1:10.8

At a reasonable price. Which also isn't the truth about this.

1:15.0

Essentially, and this is where I think people get really off on what it is we're trying to do,

1:21.0

essentially what we're trying to do is buy $10 and only pay $5 for it. And we want to do that

...

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