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InvestED: The Rule #1 Investing Podcast

82- Back to Basics: Finding the Moat(Part 3)

InvestED: The Rule #1 Investing Podcast

Phil Town & Danielle Town

Business, Investing

4.61.6K Ratings

🗓️ 1 November 2016

⏱️ 56 minutes

🧾️ Download transcript

Summary

For show notes and more information visit www.investedpodcast.com This week on Invested, it’s back to moats! We’ll take a look at the assignment from last week and see how well you did identifying the moat of FOXA and WFC. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hey everybody this is Phil town

0:06.5

this is Phil town

0:07.5

hey guys we're here for the invested podcast where we're gonna talk about how to learn how to invest in lots of things

0:17.0

starting with stocks. We're talking about the Warren Buffett Rule Number One style of investing.

0:25.1

Right, Dad?

0:26.1

That's right.

0:27.1

The Warren Buffett Rule Number One style, which encompasses, as we've said many times,

0:31.9

everything that you invest in because it defines investing as a certain

0:37.0

set of structures, a certain kind of way of doing it that would apply to real estate, franchising a McDonald's store, buying a private

0:47.1

company, a laundromat down the street by picking up a gas station, a stop and go by buying a regular company out there that's on the public market.

0:57.0

All those.

0:58.0

You made a point of saying this last time as well.

1:01.0

Why is this on your mind that you're trying to you know sort of remind everybody

1:06.4

all the different things one could invest in well because I think it's important

1:10.5

to start to realize that investing is investing and it's a certain kind of thing that it

1:15.0

does that it doesn't matter the asset type that the that this the strategy of investing

1:22.4

stays true whatever the asset type is that

1:26.1

you're going after because a lot of people think real estate is different than

1:29.7

stock investing and are comfortable with real estate and not comfortable with stocks and

1:35.7

that distinction should not exist in your head.

1:40.6

What should exist is that you're comfortable with certain kind of businesses and

1:44.6

uncomfortable with other kinds of businesses and that's totally legitimate.

...

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