InvestED: The Rule #1 Investing Podcast

For show notes and more information, visit www.investedpodcast.com. This week, Phil and Danielle continue their discussion of Tesla. They jump into the definition of short selling a stock and why people are shorting Tesla right now. Phil explains what a short sell is and when someone might think about shorting a stock. Phil talks about why it’s very difficult to be a short seller because, not only...

For show notes and more information, visit investedpodcast.com. This week we talk about what’s going on with Tesla and Elon Musk right now. Phil talks about a big problem for Tesla. Competition, disruption, and innovation. By the year 2022, there are expected to be over 200 electric cars on the market. That’s just 3 years from now. It’s a little scary that Tesla is running hard into the teeth of c...

This week, we're continuing our From the Vault series here with one from the beginning of 2019, when we talked about the risky market that we're in. Things really haven't changed much in the past 6 months. Check it out and see what you think. Happy Fourth of July. For show notes and more information, visit investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Almost two years ago, Phil and Danielle talked about Tesla, its inner workings and the ups and downs in the stock price. They also talked about whether or not its stock price has anything to do with its actual value as a company.  Now Tesla is back in the news for having been again, up and down, and the same questions are still out there. Let’s play this one from the vault. For show notes and more...

This week, InvestED welcomes John Assaraf to the show. John is one of the leading mindset and behavioral experts in the entire world. He's been on Larry King Live and Anderson Cooper, the Ellen Show. He's built five multimillion dollar companies, written multiple New York Times best-selling books and, he's been in eight movies including the Secret. He's the founder and CEO of Neurogym, which is a...

This week, Phil and Danielle continue their discussion of Warren Buffett quotes. Warren Buffett Quotes from this Episode “A great investment opportunity occurs when a marvelous business encounters a one time huge, but solvable problem.” A marvelous business has a very specific definition, it's one, that you can look into the future with a pretty high degree of certainty about this company being mo...

This week, Phil and Danielle talk about a book called My Warren Buffett Bible written by Robert L. Bloch. Robert Bloch’s father was Henry Bloch who started H&R Block. Phil talks about the “practice” of investing as something that you can really love. Investing doesn’t have to be hard or stressful. You can enjoy the practice of research and find joy in what you’re doing. They also talk about the gi...

For show notes and more info visit www.investedpodcast.com. “The advice, buy and hold, is very good advice, as long as hold means 40 to 60 years.” - Phil Town This week, Phil and Danielle talk about parents buying stocks for children. She has a couple of choices. The first choice is to do what Buffett says to do and buy the US stock index, SPY. Or you can buy individual companies. What would you d...

In this episode, Phil and Danielle continue their talk about their experiences at the Berkshire Annual Meeting. Phil talks about the “3F’s” of starting a fund. Friends, Family, and Fools. They also talk about what Berkshire’s core competencies are. Buffett answered this question by saying, “We really don’t have one. We don’t expect to know anything particularly except how to pick people that have...

For show notes and more information, visit investedpodcast.com. This week, Danielle welcomes Cheryl Strauss Einhorn to Invested. Cheryl is the creator of the Area Method which is a decision-making system to solve complex problems. In investing, we're all trying to solve for the problem of which companies we should put our hard earned money into. Her book, Investing in Financial Research, a Decisio...

For show notes and more information visit investedpodcast.com This week Phil and Danielle record the podcast in person, in Omaha after attending the Berkshire Hathaway annual meeting. They talk about all of the fanboys that come to the meeting and what the atmosphere is like. They also talk about “Warren Buffett buying Amazon” and how the news headlines were very wrong and the difference between “...

For show notes and more info visit investedpodcast.com This week, Danielle talks to Gillian Zoe Segal about how she was able to interview Warren Buffett for her book, Getting There. Gillian is the author of two books. The first one is called New York Characters and the second one is called the Getting There. She is also an amazing photographer and she took all the photos in the book. Getting There...

“The practice of investing implies joy in the process of learning something that's difficult.” - Phil Town For show notes and more information visit investedpodcast.com. This week Phil and Danielle talk about what Charlie Munger calls, “Mistakes of Omission.” You can get pretty good at investing pretty quickly because there are only a few rules that you need to follow. One of the hardest things ab...

This week Phil and Danielle playback a couple of really good questions that were asked in their “Ask Us Anything” call. The first question is about teaching your kids about investing. Phil tried to teach Danielle when she was younger to get her involved with investing. Ben has tried to get his daughter to read Invested without any luck. Phil and Danielle provide a bit of advice on how to get kids...

This week Phil and Danielle talk to Jacob Taylor, the author of The Rebel Allocator. Jake Taylor is the Chief Executive Officer of Farnam Street Investments. He’s also the host of the popular web series Five Good Questions. Jake has an MBA in Finance and Accounting from UC Davis. While in school, Jake had a chance lunch with Warren Buffett which solidified his path toward being a professional valu...

For show notes and more info, visit investedpodcast.com. This week, Phil and Danielle talk about the fact that 30% of the stock market is not invested in individual stocks, but in indexes. Many investors fear the effects of so many people owning indexes rather than the underlying companies. They also discuss the inverted yield curve, what it is, and what it means for investors. Phil also discusses...

This week Phil and Danielle discuss the importance of making your own investing choices. It’s easy for someone to follow Warren Buffett and to likely make money if you mirror his choices, but it’s what happens when he pulls his money out of the market and you don’t know what to do with your money… that’s when you run into trouble.  For show notes and more information visit www.investedpodcast.com...

For show notes and more information visit investedpodcast.com.   This week Phil and Danielle talk about why Charlie Munger is so bitter about missing out on a stock purchase in the 1970s. Phil talks about what he calls “Mistakes of Omission”.  Phil also talks about why it’s extremely hard to find a company that’s on sale right now. He’s not alone in this. Warren Buffett shares in his annual letter...

For show notes and more information visit investedpodcast.com. In this episode, Danielle and Phil discuss why short term viewpoints in the stock market are terrible. When analysts upgrade or downgrade a stock and the price drops, it’s terrible. When companies miss on earnings and the market responds with stock price dips, it’s terrible. Once you start having to hit a certain number every quarter r...

This week Phil and Danielle discuss key takeaways from Charlie Munger’s Daily Journal Annual Meeting that took place at the end of February 2019. In the meeting, Charlie complained at fund managers try to beat the market and don’t, but still charge for it. Charlie’s main philosophy is to do less. They never had the illusion that they could get really useful information on all subjects. They realiz...

This week Phil and Danielle discuss why the financial industry doesn't want you to have the ability to do what they do. They don’t want to give you the  “secret formula” so they make finance seem complicated. You don't know Sharpe Ratio. You don't know Capital Asset Pricing Models. You don't know how to adjust for the Beta. Here’s the bottom line though, all of these things that are taught in the...

This week, Phil and Danielle continue their discussion of Ray Dalio’s 5 principles for inevitable success. If you haven’t listened to episode 200 you probably want to start there. We also discuss how difficult it is to understand why you made a mistake and how to fix it. Phil thinks that most of the time mistakes happen because you don’t fully understand something. Phil illustrates this by telling...

This week Phil and Danielle celebrate the 200th episode of InvestED: The Rule #1 Podcast! During this episode, we talk about how you can guarantee success in investing and life. We talk about Ray Dalio, the owner of Bridgewater Capital, who manages $160 billion in assets. Ray manages all of his money based on a very strict set of investing principles. He’s been able to achieve phenomenal returns....

This week Phil and Danielle discuss prepping for the next recession. Seth Klarman published a paper to his investors that is a little scary. It basically takes a grim position on the economy and where we're at. We’re at the end of a long credit cycle with a ton of debt, there’s potential of recession, potential depression, potential wars, potential riots. A lot of really unpleasant things can happ...

“When we value a company we want to look at a company that has a track record of 10 years. Especially, the last 10 years. IPOs are in the risky biz portfolio for lack of a long track record. ” - Phil Town This week we discuss why we’re in such a wild stock market. The market dropped 15% and is working its way back up. We've got the “Trump Effect” going on and we're in our 10th year of no recession...