4.6 • 658 Ratings
🗓️ 14 December 2018
⏱️ 40 minutes
🧾️ Download transcript
Why is knowing about intellectual property important for normal investors?
A patent gives you a specific right in a given country. It give the right of exclusivity to sell the item or device, build the device, or import it into the country.
A great name, they offer something exclusive, or a company that works hard and offers an excellent product or service. A patent can be placed on any one of these things to bring something unique to an investor.
Dr. Daniel Goldstein also explains the complications of patents in other countries, how somebody gets a patent, and the difference between trade secret and patent rights.
For more information, visit the show notes at http://moneytreepodcast.com/221
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0:00.0 | Welcome to the Money Tree Investing Podcast. |
0:04.0 | Stock market, wealth, personal finance, value stocks, invest in your life. |
0:10.0 | Welcome to this week's episode of the Money Tree Investing Podcast. |
0:14.0 | We've got a great show for you today because Doug has brought on his brother to talk about patent law. |
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0:56.9 | And now we'll turn it over to Doug. |
1:00.3 | Hey, everybody. This is Doug Goldstein from the Goldstein on Gelt Show. |
1:04.5 | Today, I'm in the driver's seat here at the Money Tree Investment podcast. |
1:07.9 | Today we're going to be seeking to someone who is an international patent attorney. |
1:14.8 | He teaches intellectual property law and law school, and in fact, you might kind of think his voice sounds a little bit like mine because he is my brother, Dr. Daniel Goldstein. |
1:20.0 | I brought him on today because a lot of times I see that people don't really recognize the |
1:24.4 | importance of intellectual property as it relates to investing. So, Daniel, |
1:28.9 | let me just start by asking you, why is it that intellectual property is important for normal |
1:34.4 | investors? Normal investors are looking to invest in companies, I would think, that have something |
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