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Rule Breaker Investing

Extra: Happy Birthday, RBI!

Rule Breaker Investing

The Motley Fool

Investing, Business

4.5928 Ratings

🗓️ 6 July 2019

⏱️ 6 minutes

🧾️ Download transcript

Summary

This podcast is 4 years old, and to celebrate, we're re-running this very first episode, still as relevant today as it was back then (well, except for that bit about the pizza).

Transcript

Click on a timestamp to play from that location

0:00.0

All right. Well, thank you for tuning into Rule Breaker Investing. This is an extra.

0:04.0

So I'm going to say it one more time. Happy birthday to us. We're celebrating four years

0:08.6

of the Rule Breaker Investing podcast. And I teamed up with my producers, Rick Engdall, my substitute producer this week, Heather Horton,

0:15.8

and we talked about it and we thought, let's run the very first podcast we ever did just as a celebration

0:20.8

four years later.

0:21.8

It's quite short as you're probably already

0:23.7

noticing you as a rule breaker and I have to admit I'm kind of looking forward to

0:29.5

hear what I'm about to say myself because I don't know what I said in our first

0:32.8

podcast. I know one thing I didn't talk for too long so I hope you enjoy this brief

0:37.8

early look at our first Rule Breaker's podcast.

0:41.2

It's the Rule Breaker's podcast. It's the Rule Breaker Investing Podcast with Motley Full Co-founder David Gardner.

0:47.0

Hi there, it's David Gardner and this is Rule Breaker investing and I wanted to spend a little time

0:56.0

today just talking about what it means to be a Rule Breaker. I've got three basic traits that I think

1:02.1

you and I share if we're rule breakers together.

1:05.0

This is about investing of course so that's the context that we're going to go with and the very first trade is number one that we are willing to buy a

1:15.5

stock. You know if you even have capital and sadly not enough Americans do but if you even

1:20.6

have capital congratulations and you may well have it in funds.

1:24.4

That's where most Americans have their capital who have capital.

1:27.6

They've bought mutual funds or they've checked a box on their 401k plan and in my mind that's a good enough answer for a lot of us but if you're a

1:35.9

rule breaker if you're going to go against the conventional wisdom then you probably

1:40.1

want to amp it up a little bit more and I think therefore you're going to you're

1:43.7

going to be willing to I hope even comfortable buying a stock directly so that's

...

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