Dive into the fascinating world of free cash flow, a crucial metric for value investing that outshines traditional earnings. Discover how understanding cash flow can unveil a company's true financial health and potential, while minimizing speculation. The conversation also tackles the art of patient investing, emphasizing the importance of sticking to fundamentals. Ethical leadership and personal ownership in investments are highlighted, alongside a discussion on the evolving landscape of investing, particularly through crowdfunding and outdated regulations.

Season’s greetings, value investors!Phil and Danielle check in to reflect on the holiday season and express gratitude for the support of all InvestED listeners throughout the year. As our hosts prepare for some vacation time to close out 2024, we want to share a warm reminder to cherish the season (while staying mindful of long-term financial goals).Whether you’re new to InvestED or just looking to revisit some classics, click here for curated playlists featuring some of the best episodes from over the years: https://bit.ly/3MUOiFn Learn more about your ad choices. Visit megaphone.fm/adchoices

What should you do when a business you own faces uncertainty? Discover why knowing when to sell is just as crucial as knowing what to buy. Patience and discipline in investing can help you stick with antifragile companies that thrive in adversity. The conversation highlights real-world examples, like Chipotle's E. coli outbreak, and dives into the emotional aspects of investing. With a focus on intrinsic value and the dangers of over-diversification, this episode offers listeners vital insights on navigating investment challenges.

Explore the vital concept of your circle of competence and how expanding your knowledge can enhance your investing strategy. Discover the balance between qualitative and quantitative analysis and the significance of continuous education. Reflect on the necessity of adaptability in a changing market and personal growth. The discussion touches on the psychological challenges of investing and the importance of focusing on what you know best. Embrace the journey of mastering investment insights while understanding intrinsic value for smarter financial decisions.

Investing feels daunting, but emotional discipline often trumps pure IQ. The discussion highlights how novices can thrive by cultivating patience and a circle of competence. Listeners also learn about the Google antitrust trial and its potential implications for the tech sector. Insights into Warren Buffett’s evolving views on companies like Apple and the impact of the pandemic provide a fresh perspective. The conversation wraps up with the complexities of valuing tech giants in an ever-changing market landscape.

Discover the art of value investing as the hosts discuss identifying exceptional, well-managed companies. They navigate the recent market extremes and share insights on volatility, including the challenges posed by rising treasury rates. Delve into the significance of patience in investing and the power of compound interest through the Rule of 72. The conversation also highlights the research process with a focus on Terumo, showcasing the importance of transparency and thorough analysis in making informed investment decisions.

Explore the fascinating evolution of Terumo from a humble thermometer maker to a medical technology giant. The hosts discuss the heightened access to investment information and the significance of the Rule of 72 in understanding growth dynamics. Thanksgiving anecdotes segue into insights on healthcare investments and their potential. Delve into the complexities of stock performance analysis, emphasizing the adaptation to rapid market changes. Tune in for timeless investment strategies that blend long-term vision with acute market awareness.

We all know the ever-popular key to financial success in the 21st century: just get your coffee/avocado toast at home and quit wasting all of your money!While there’s something to be said for limiting unnecessary impulse buys, the benefit of small wins in our daily lives isn’t something that we should overlook.  While the #1 rule of investing is “don’t lose money,” it’s important for each investor to decide what “losing” money means to them.Join Danielle as she checks in for the beginning of this holiday season and talks through her idea of what it means to set yourself up for success no matter what.For a better understanding of your own investing profile, click here to take the Rule #1 Investing Personalities Quiz:  https://bit.ly/468F8eWTopics Discussed: Gift giving “Either way” account Learn more about your ad choices. Visit megaphone.fm/adchoices

We’re back!After several weeks away from the podcast studio, our hosts are back together to cover their tumultuous October. From incapacitating sickness in Europe to lively nuptials in Belo Horizonte, all set against the backdrop of one of the wildest election seasons in recent US history, it’s been an eventful autumn.Phil and Danielle also speculate on the potential economic forecast under the next administration, and what deficit spending from either party could mean for future markets. Following years of high inflation, what results could more government spending bring in the years ahead?Valuation is a critical part of the investment process. For help with calculating a company’s market capitalization so that you can make smarter investing choices, click here for your free copy of Understanding Market Capitalization: https://bit.ly/44p1xE9Topics Discussed: The Algarve COVID-19 Brazilian weddings Chuckwalla Valley Raceway Porsche Owners Club The 47th presidential administration Government spending Inflation hedges Nixon and the gold standard Carter and interest rates Learn more about your ad choices. Visit megaphone.fm/adchoices

If there’s one thing that can be said for certain in the closing months of 2024, it’s got to be that we’re seeing the fulfillment of an apocryphal Chinese curse: “may you live in interesting times.”Although global events like wars in Ukraine and the Middle East have shaken the stock market, Phil argues that uncertainty in the investment climate presents the best opportunities for investing.Tune in to this episode of InvestED where Phil and Danielle discuss when and if you should invest in an uncertain investing environment, how to take advantage of lower prices, and how to find antifragile companies.Learn where to find antifragile companies with Phil Town’s Ultimate Stock Market Crash Survival Guide. Get your free copy of the guide now: https://bit.ly/3xNXFlfTopics Discussed: Investing with uncertainty Finding antifragile companies Markets responding to the war in Ukraine Depressions and recessions Inflation and buying power Resources Discussed: Ray Dalio signaling 100 year depression Antifragile: Things That Gain from Disorder Learn more about your ad choices. Visit megaphone.fm/adchoices