AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Introduction
This is philtown, and this is daniel town. We are deep into buff and munger and all good things about serious, i guess, what we could call value investing. But it's basically investing. It just means you're buying something that you understand the value of. And everything else is some kind of speculation form of gambling. Not that there's anything intrinsically wrong with gambling, but you should know you're doing it.