InvestED: The Rule #1 Investing Podcast

There are two extremes of Warren Buffett’s Investing Strategies, and one of those extremes is Net-Nets.The Net-Net Strategy was actually developed by economist Benjamin Graham, who Buffett studied under after graduating from Columbia. The Net-Net strategy is generally seen as an extremely conservative investment strategy, and after following it throughout the great depression, Benjamin Graham saw extreme success.Join Phil and Danielle as they dive deeper and explain the history of Net-Nets, how and why to use them today, and briefly touch on the other extreme of Buffett’s investing strategies.To learn more about how to successfully invest as a beginner, download a copy of Phil’s Complete Guide to Investing for FREE here: https://bit.ly/3oSjWaK Topics discussed in this podcast: The Net-Net Investment Strategy & History Stock Options Investing Extremes Additional resources discussed in this podcast: Investing Checklist Logistics - Part 1 Investing Checklist Logistics - Part 2 Net-Net Definition  For show notes and more information visit www.investedpodcast.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

After walking through the first few steps of the Investing Checklist -- Munger’s 4 Principles, Ackman’s 8 Point Checklist, basic valuation, and research -- what comes next?A good place to start is by choosing a company or industry that’s relatively easy for you to understand and practice digging deeper in research using the checklist...even if you don’t end up investing in that company.Join Phil and Danielle as they continue their conversation about the Investing Checklist Logistics to dig even deeper and help you better understand the companies you’re interested in and the best process you should follow to see success when it comes time for you to invest.To see the must-have investing checklist Phil and Danielle use, download your own copy for FREE here: https://bit.ly/3Inmmpv Topics discussed in this podcast: Investing Checklist The Role of Competition Investing Research Investing Resources Additional resources discussed in this podcast: Investing Checklist Logistics - Part 1 Peter Thiel’s “Competition is for Losers” Innovation Stack by Jim McKelvey Must-Have 90 Question Investing Checklist Evernote  For show notes and more information visit www.investedpodcast.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Sometimes the best thing you can do when it comes to investing successfully is nothing...at least until you know you’re 100% right about where you’re about to put your money. This week on InvestED, Phil and Danielle discuss the critical step to take after you’ve made it through the Investing Pyramid and before diving deeper into the investing checklist: Having Patience & Staying Simple.It’s no secret how effective the Rule #1 Investing Strategy is, and it’s because Rule #1 Investors do two things: They keep things simple and invest in what they know and believe They’re patient and wait for the best time to buy To learn how to pick the right stocks for your portfolio and help you keep things simple, download the 5-Step Checklist for How to Pick the Best Stocks for FREE here: https://bit.ly/3riDBSW Topics discussed in this podcast: Investing with Patience Investing Checklist How to Invest When to Invest Best Time to Invest Additional resources discussed in this podcast: Charlie Munger’s 4 Principles of Investing Bill Ackman’s 8 Point Checklist The Investment Checklist Pyramid Investing Checklist Logistics - Part 1 For show notes and more information visit www.investedpodcast.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

So you’ve made it through the first two steps of the investing pyramid and are now wondering what comes next?In this episode, Phil and Danielle walk through the first few steps of the Investing Checklist, explaining the importance of basic valuation, company research, and how your decision to include a company in your portfolio should be an iterative process.You’ll also learn about helpful resources Phil, Danielle, and Rule #1 Workshop attendees use to see success, which are also linked below.To dive deeper into the checklist, download your own copy of the must-have investing checklist for FREE here: https://bit.ly/303Fs2U Topics discussed in this podcast: Investing Checklist Company Valuation Investing Research Helpful investing tools Case Studies/Historical Examples of Companies that Have Passed the Investing Checklist Steps Additional resources discussed in this podcast: Warren Buffet Partnership Letters Warren Buffet Berkshire Letters Bill Ackman’s 8 Point Checklist Rule #1 Investing Checklist Charlie Munger’s 4 Principles of Investing Evernote For show notes and more information visit www.investedpodcast.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

When it comes to finding the right investments for your portfolio, there are a few steps you should take in order to make sure you’re making the best decision.These steps include understanding the business you’re interested in adding to your portfolio, finding a rational, trusted partner to bounce ideas off of, and completing each level of the 3-step investing research pyramid.This week, Phil and Danielle Town break down all points of research you should consider and explain the 3-step investing research pyramid, which includes Charlie Munger’s 4-Step Investing Checklist, Bill Ackman’s 8 Principles to Successful Investing, and the Rule #1 Investing Checklist.To help you complete your investing research pyramid in the most effective way possible, download the must-have investing checklist for FREE here: https://bit.ly/303Fs2U Topics discussed in this podcast: Investing Research Investing Checklist Charlie Munger Bill Ackman How to invest Investing for Beginners The First Step to Successful Investing Additional resources discussed in this podcast: Charlie Munger’s 4 Point Checklist Bill Ackman’s 8 Point Checklist Rule #1 Investing Checklist Learn more about your ad choices. Visit megaphone.fm/adchoices

When it comes to investing you should never go faster or do more than what you’re ready for. If you do, you’re going to crash.Phil and Danielle discuss the importance of taking small steps and being patient with your comfort in investing in order to see success.Taking your ego and hubris out of your investing process is going to be critical to success. While you may be excited and sometimes feel like you’re ready to take a big step when it comes to your portfolio, always be sure to take a step back and re-assess if you’re actually ready to take that step. To help you take that critical step back and fully understand where you’re putting your money, use Phil’s must-have investing checklist to guide you to success. Download it here:https://bit.ly/303Fs2U Topics discussed in this podcast: How to Invest Safely Investing Mistakes When to Invest Investing Preparedness Value Investing For show notes and more information visit www.investedpodcast.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Debt matters. So how do you find the value of a company you want to invest in if they’re carrying around debt?Stemming from a conversation about the role of debt in Liberty Media Corporation’s purchase of Formula One Racing from last week’s episode, Phil and Danielle dive deep into a conversation about how to use the 10 cap formula to accurately find the true valuation of the company you’re investing in, even when they’re carrying around debt, to ensure you’re making the right investment decision.Phil and Danielle also discuss the level of unpredictability of investing you should almost always expect, using the history and future of Tesla as an example.Discover the 5 long-term advantages you should look for in your business investments in Phil’s free guide. Download it here: https://bit.ly/3nMiyEQ Topics discussed in this podcast: Value Investing How to factor debt into investment opportunities The 3 Fs of Shorting Unpredictability in Investing Resources discussed in this podcast: InvestED by Danielle and Phil Town Investing Lessons from Formula One | Podcast Episode #340 Learn more about your ad choices. Visit megaphone.fm/adchoices

So you invested in a business...but do you know who ACTUALLY owns that business? Do you know what the management is like and how that can drastically affect the success of your investment?For sports fans — especially racing fans — Formula One Racing (owned by Liberty Media Corporation) seems like an attractive stock to add to your portfolio, as it’s one of the few opportunities to invest in sports.As Phil returns from the United States Grand Prix, he and Danielle reflect on the sport growing in popularity and discuss when to give stock, like Formula 1, the green light to drive into your portfolio.Phil and Danielle dive deep into the first step of the investing checklist to explain what the history of Formula One can teach you about investing and the importance of understanding the business behind your investment...before you actually buy.Download the easy-to-use checklist discussed in the episode and learn how to find the best companies for your portfolio: https://bit.ly/3mivmDe Topics discussed in this podcast: Warren Buffett’s investing strategies Value investing Real-life investing Investing in Trusted Management Formula 1 Stock Resources discussed in this podcast: The Innovation Stack by Jim McKelvey Bill Ackman’s 8 Principles Phil’s Go-To Investing Checklist Learn more about your ad choices. Visit megaphone.fm/adchoices

Buying stocks is not something that should be taken lightly. Selecting which companies to buy can make or break you as an investor.Before you buy shares in a company, it is essential to thoroughly investigate that company’s mission, management, goals, outlook, and fundamentals.Think of it this way: you would never buy 100% of a company without thorough due diligence, and, likewise, you shouldn’t buy a small percentage of a company without doing the same.You can do your due diligence by using an investing checklist, so you can reduce your risk and maximize your profits over time.In this podcast, Phil and Danielle discuss investing using a checklist, and how it oftentimes relates to experiences in the real world. Download my easy-to-use checklist and learn how to apply the Four Ms of investing: https://bit.ly/305Cr1pTopics discussed in this podcast: Investing metaphors Real-life investing scenarios How to pick stocks The Four Ms of investing Company valuations Understanding companies  Learn more about your ad choices. Visit megaphone.fm/adchoices

Rule #1 has been the basis of excellent investing for the last 80 years by successful investors like Warren Buffett, and it will be the basis of excellent investing 80 years from now. First, understand that Rule # 1 literally is “Don’t Lose Money,” but what it means in practical terms is to invest with certainty. Certainty comes from this: buying a wonderful business at an attractive price. The word “wonderful” actually encompasses three out of four elements in the Four Ms. This is a part of the must-have checklist before purchasing any stock.In this podcast, Phil and Danielle discuss why sticking to this checklist is critical for never losing money in investing. Learn more about the Four Ms with this guide: https://bit.ly/305Cr1pTopics discussed in this podcast: How to pick stocks The Four Ms of investing Company valuations Understanding companies  Recessions Market fluctuations   Learn more about your ad choices. Visit megaphone.fm/adchoices