InvestED: The Rule #1 Investing Podcast

The podcast discusses the importance of patience and decision-making in value investing. Topics include compounding wealth, owner earnings, durable competitive advantage, and inverting investments for analytical advantage. The episode also covers the impact of global weather events on investments and the effectiveness of concise pitch decks. A lighthearted discussion on creating a priority list adds a playful touch to the episode.

Explore the concept of the 'Weather Matrix' in investing, focusing on understanding value vs. price ratio. Learn about the importance of 'Circle of Competence' to avoid getting overwhelmed. Analyze the evolution of streaming companies like Netflix and the challenges they face in profitability. Dive into the research process of evaluating CEOs and industry 'weather' before making investment decisions.

The podcast discusses Buffett's mistakes, the value of intrigue in investing, speed reading, toxic positivity, and stoicism. They also explore the Weather Matrix tool for evaluating potential investments and the importance of understanding the weather patterns in investments. Researching and reading about Burlington Northern Santa Fe, alternative methods of obtaining information, and the dangers of toxic positivity are also covered.

The 21st century has brought the world a number of revolutionary developments that have turned the world on its head, with one of the most important cultural shifts being the rise of the attention economy. With so many entities all vying for a piece of your time, how can you know when you’re spending too much of that limited resource on your investing research?With decades of investing experience and a bit of basic mathematics, Phil explains a tool to classify companies into four groups based on their price/value ratio and the investor’s understanding of the business. If you find yourself getting bogged down or stuck in the weeds on your investing journey, this method could be the thing you need to streamline your research.For more help calculating the ever-important metric of price vs value, get your free copy of Understanding Market Capitalizatin: https://bit.ly/44p1xE9Topics Discussed: How much effort is too much effort? Accumulation of knowledge Price/value discrepancies Being prepared to “weather the storm” How to capitalize on market downturns Importance of repetition Resources Discussed:The Weather matrix Learn more about your ad choices. Visit megaphone.fm/adchoices

Following up on last week’s discussion about the “weather” of a business, or how the climate of various internal and external factors can influence the long-term success of your prospective investment. With so much data available at our fingertip, how can we know what information is useful for research and what can safely be left out of our analyses?Whether you’re looking into a company’s direct competitors or doing a bird’s eye view of a whole market sector, knowing when to go deeper vs when to stop digging is an incredibly useful skill to have in the world of 21st century global finance. For the value investor, the ability to reliably ascertain the value of a business is crucial for finding the right moment for a good deal.Listen in this week as Phil and Danielle ponder the age old question of “what is enough?” When it comes to your investments, where is the magic line between being adequately informed and wasting your time?For a better understanding of a business’s future success, click here to get your free copy of The 5 Moats Investment Guide: https://bit.ly/3Kmb33JTopics Discussed: Being paralyzed by the research process Netflix growth issues Evaluating a business’s moat Instinct in the investing process Change vs stability Resources Discussed:Invested Learn more about your ad choices. Visit megaphone.fm/adchoices

For our first full episode of the new year, Phil and Danielle are reunited to talk about the various factors of a business’s climate that can help better understand where their weather will take them in the future.From government overregulation to corporate mismanagement, there are risks inherent to investing that we can identify and include in our analysis for a more complete picture of the economic landscape. Staying current with the news doesn’t just make for a good citizen, but a good investor as well.Join our hosts as they discuss Argentina, Medicare, CEO compensation, and why all of those should matter to the value investor of the 21st century.If you want to start the new year on the right foot, get your free copy of Map Out Your Investing Journey to mark your progress and plan for the future:  https://bit.ly/3DTy4qNTopics Discussed: Inherent risks of investing S&P 500 and other market indices SEC rules Argentina/USA in the 20th century and today Governmental influence in economics GM borrowing to pay dividends Clinton’s executive pay reform When to stop researching (more next week) Resources Discussed:Invested Learn more about your ad choices. Visit megaphone.fm/adchoices

As we get all of our 2024 ducks in a row, Danielle checks in to share some positive vibes for the upcoming year and offer a quick toast to prosperity and successful investing in 2024. While it's a short break from our regular programming, it's a moment to celebrate the journey we've taken together and the exciting opportunities that lie ahead.To start your new year by planning for the ones to come, click here to get a free copy of our “Rule of 72” Cheat Sheet and gain a better understanding of retirement planning: https://bit.ly/47awVb6 Learn more about your ad choices. Visit megaphone.fm/adchoices

Happy 2024 to all InvestED listeners! While our hosts enjoy the holidays, we’re opening a year by going back to January of 2022 for a discussion about interest rates. With word of rate cuts on the horizon, how different are things now from when inflation was still climbing rapidly?Understanding the Federal Reserve's interest rate maneuvers and their correlation with inflation is vitally important for assessing investment opportunities. The intricate dance between interest rates and the economy can impact borrowing, spending, and investment behaviors, so it’s crucial to keep up with the Fed’s moves in order to plan ahead.To stay prepared for any changes in inflation or to the market as a whole, claim your FREE copy of the Rule #1 12-Month Planner: https://bit.ly/31ImPCl Topics Discussed: Inflation The future of the economy & markets Supply & labor bottlenecks Wage increase Substitution Resources Discussed: Federal Reserve Economic Data (FRED) FRED M1 Chart Shadowstats Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, Phil and Danielle reflect on the impact and contributions of Charlie Munger, a magnanimous figure in the financial world. The hosts discuss Munger's aphorisms, the concept of EBITDA, and the Modern Portfolio Theory. They also share resources like Li Lu's eulogy for Munger and the autobiography of Yogi. Bid farewell with mention of a virtual workshop.

We dig deep into the vault this week, going all the way back to 2018 to revisit one of our Charlie Munger-centric episodes. Phil and Danielle delve into the lesser-known strategies of the late great “Abominable No-Man,” revealing the hidden gems that can transform an ordinary investment portfolio into a stellar one.Join us as we explore the wisdom of investment gurus, uncover the power of "cannibal companies," and unearth the untapped potential of valuable spin-offs. As we look back on the life and lessons of one of the investing world’s heavyweights, we learn how these insights can elevate your returns to an entirely new level of success.For more ways to bolster your portfolio, click here for your free copy of the Rule #1 Must Have Investing Checklist: https://bit.ly/49bSWZ7Topics Discussed: Net-net investing Cannibal companies Apprenticeship Resources Discussed: Security Analysis You Can Be a Stock Market Genius Avatar DanielleTown.com Learn more about your ad choices. Visit megaphone.fm/adchoices