480- FROM THE VAULT: Investing Lessons from Formula 1

InvestED: The Rule #1 Investing Podcast

Phil Town & Danielle Town

Investing, Business

4.6 • 1.6K Ratings

🗓️ 30 August 2024

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

When you invest in a business, do you really know who’s pulling the strings? Are you aware of the leadership team and how their choices could significantly influence the outcome of your investment? Take Formula 1, for example. Owned by Liberty Media Corporation, it stands out as a rare opportunity for sports fans to invest in the sporting world. But is it a wise addition to your portfolio? Phil and Danielle explore the increasing popularity of Formula One and discuss the factors that could make stocks like this a good fit for your investment strategy. They break down the first step of their investment approach, using Formula One's background as a case study to demonstrate why it’s essential to fully understand the business behind any stock before making a purchase. If you want a greater degree of certainty with your next investment, download The Four Ms for Successful Investing for help finding the right business at the right price: https://bit.ly/3LhVUAR Topics Discussed: Warren Buffett’s investing strategies Value investing Real-life investing Investing in Trusted Management Formula 1 Stock Resources Discussed: The Innovation Stack Bill Ackman’s 8 Principles Phil’s Go-To Investing Checklist Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Hey everybody in the US.
0:01.0	I'm Daniel Towne.
0:05.0	Happy Labor Day weekend, everybody in the US.
0:08.0	And happy F1 weekend to everybody in the world who watches F1.
0:12.0	It's Monza Weekend.
0:14.1	And in honor of that, I'm playing one from The Vault for you guys.
0:17.1	I have not been feeling well enough to record a whole new episode.
0:21.2	We are going to really, really try to do one for next week, so hopefully that comes up.
0:27.6	And in the meantime, I'm going to play this F1 episode, which is from two years ago and about how sport, even if you're not into driving, it's about how sport might be investable.
0:40.0	And I think there are so many sports out there that may just take the place of
0:47.1	F1 in your own investing practice or if you're into the driving thing maybe F1 itself.
0:52.2	So it's kind of fun to listen back to it to your into the driving thing, maybe F1 itself.
0:53.0	So it's kind of fun to listen back to it two years later
0:55.3	and see what's been happening.
0:56.6	So enjoy, and we should be back next week.
1:00.2	Thanks everybody.
1:01.4	Bye. Thanks everybody. This is Bill Town and this is Danielle Town.
1:07.0	Welcome to the Invested Podcast. We're really glad you guys are here. Very
1:11.9	excited to be doing the podcast today. This is
1:14.4	podcast number 4,573. I just made that number up. And we discuss all things value and Buffett investing related.
1:27.5	Correct? Well, we used to be like I was used to be teaching you five years ago how to do this.
1:33.4	Oh, you're still teaching me.
	...

Please login to see the full transcript.

Previous episode | Next episode

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.