Hey everybody this is this is Phil Town and welcome to the

invested podcast we're going to be talking about investing pretty. We're going to be talking about investing.

Pretty sure.

We are going to be talking about investing.

Sometimes we talk about investing.

We are talking about value investing

and the rule number one particular spin on value investing which

dad is teaching me right dad that's what we're doing and we're basing this training

that we're gonna I'm giving Danielle on the training I got

from 30 years ago and which I've continued to to learn about over these last 30

years predominantly from Warren Buffett and then people who have

followed Warren Buffett pretty closely, people like Guy Spear who wrote the education

of a value investor.

Monesh Pabry who wrote the Dondo investor

and both of whom are running really successful hedge funds.

And Guy was a guest on our podcast a few weeks ago so if you miss those

there are three episodes because we had such a long conversation scroll back and

find them they're pretty good.

Yeah, and we're really putting together these principles into, you know, kind of a systematic explanation that Charlie Munger gives, which is to say that you boil it all down to basically four things that

You need to understand the business you're investing in

As a business and it has to be a good business has to be a wonderful business

something that is wonderful because it's durable and it can go on and on and on and

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