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InvestED: The Rule #1 Investing Podcast

484- The Growth Conundrum

InvestED: The Rule #1 Investing Podcast

Phil Town & Danielle Town

Investing, Business

4.61.6K Ratings

🗓️ 27 September 2024

⏱️ 29 minutes

🧾️ Download transcript

Summary

It’s a tricky practice for value investors to navigate through the sea of potential investments. While large, successful businesses can be tempting at the right price, the steps taken to achieve or maintain that success might come with negative environmental and/or societal costs. Given the global dominance of some of the big tech companies in 2024, it might seem like the Amazons and Googles of the world are here to stay. However, issues like misplaced investments, anti-competitive behavior, and a myopic view of the future have seen industry giants topple in the past. This week, Phil and Danielle grapple with the growth dilemma faced by successful companies, and what that can mean for your portfolio as a value investor. To see more sustained growth in your own investments, click here for your free copy of the Rule of 72 Cheat Sheet: https://bit.ly/47awVb6 Topics Discussed: The American Dream Investing in “big” companies City life vs small town life Competition and ethics Sprouts TikTok Resources Discussed: The Anxious Generation by Jonathan Haidt Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hey everybody this is Spilltown

0:09.6

this is Spilltown and this is Danielle town and here we are for the invested podcast.

0:14.0

Welcome.

0:15.0

Oh yeah, welcome.

0:17.0

And we are, we're kind of talking about international businesses last time.

0:22.0

God, that makes us sound so sophisticated.

0:25.0

It's a problem.

0:27.0

I mean, first off, it's, it's, it's, the only problem of investing in great big companies is if you happen to think that they suppress competition,

0:41.0

they destroy small companies as a matter of course, that they become more powerful

0:47.8

than governments or as powerful.

0:50.8

I mean if those few little things bother you then there's an issue here.

0:55.0

It's the laundry list of things people worry about when it comes to huge companies and which as investors we kind of like want to have

1:07.6

happen question mark because we're supporting these companies,

1:13.1

question mark.

1:14.8

I think that's the really tough push and pull

1:18.6

of investing in large public companies.

1:21.8

Do you really want it to grow bigger? I don't know.

1:25.5

Yeah. I mean it's here's the thing. I'm a bit of a Jeffersonian Democrat if you will.

1:32.2

I really like the original vision of America as we're all

1:36.7

living on a small farm milking our cow. I think that's that's a good vision.

1:41.0

But it is long gone of course, right?

1:44.6

I mean, at one point, that was, that made a lot of sense because it, well, it still makes

...

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