InvestED: The Rule #1 Investing Podcast

No matter how many books we read or how many hours we pour into our market research, the future is still uncertain to even the wisest of investors. When the mantra of “invest in what you know” is faced with the unknowable, what is the right move for those who are confined to the present?With every passing year, it gets easier to invest outside of our own borders. However, the enticing potential of emerging markets and discovering relatively unknown companies is balanced by the risks associated with cultures, governments, and business practices that are foreign to those with a Western-centric mindset.This week on InvestED, Phil and Danielle discuss the pros and cons of buying into companies overseas, and why many people are more comfortable keeping their investments close to home.To expand the borders of your own investing knowledge, check out our guide of The Best Investors in the World to pick up some tips from top minds in every corner of the globe: https://bit.ly/3DhbmISTopics Discussed: Buffett on USA Living and investing outside of one’s country/region Michael Burry/The Big Short Listeners in Ireland: send company suggestions to questions@investedpodcast.com Euronext Dublin Resources Discussed: The End of the World Is Just the Beginning Investment Biker: Around the World with Jim Rogers Learn more about your ad choices. Visit megaphone.fm/adchoices

The past hundred years has seen humanity mobilize in a way that was previously unimaginable, and that worldwide cultural shift has been kicked into overdrive in the digital age. These massive changes have shaken up markets for decades, and this trend of globalization shows no signs of slowing down.As the world becomes smaller, supply chains become more interwoven, and people’s expectations of immediacy grow, the future looks very uncertain. Following decades of relative peace, geopolitical jockeying has taken on a previously unseen context in a world where the chief rivals depend on each other for our modern way of living.With declining populations ushering in a declining need for consumption, investors will have to adapt to this new era of global commerce in ways that many nations seem unwilling or unable to do. On this week’s show, Phil and Danielle discuss some of the unique aspects of the US, and what it means for America to get ahead of the demographic curve and avoid catastrophe.Although this podcast doesn’t pick stocks, Rule #1 has these great tips available to help investors learn how to start generating generational wealth: https://bit.ly/3ros8mUTopics Discussed: Ancestral immigration Munger on Musk Post-WWII hegemony European manufacturing changes Resources Discussed: 1883 The End of the World Is Just the Beginning The Intelligent Investor Learn more about your ad choices. Visit megaphone.fm/adchoices

For today’s mini-episode of InvestED, Danielle checks in to wish a happy 4th of July to all of our listeners in the USA.To keep the fireworks in the sky instead of your portfolio, check out our investing checklist, 10 Do’s and Don’ts of Successful Investing:  https://bit.ly/3XyEDbDTopics Discussed:July 4th Learn more about your ad choices. Visit megaphone.fm/adchoices

The arrival of the AI boom has stirred up a lot of questions, a couple of which seem to define the main concerns with the technology: are machines going to take all of our jobs, and how can I utilize this tech in a way that nobody else has thought of yet?The first question is answered by the fact that none of this would function without human creativity guiding the process, and the second will be answered in a multitude of ways as this technology continues to be refined and democratized in the coming years..This week on InvestED, Phil and Danielle are joined once again by AI expert Nuno Neves Cordeiro as they discuss the ways that investment firms are implementing open source machine learning processes to streamline the way they analyze data, as well as how the average investor can take advantage of this technology.Click here for your copy of 5 Numbers to Determine a Smart Investment, Phil’s guide for discovering and calculating the numbers that matter most in your investments: https://bit.ly/3psMESQToday's Guest:Nuno Neves Cordeiro (LinkedIn)Topics Discussed: LLMs Quant trading  AutoML Econometrics Resources Discussed: ChatGPT Chaos Kings Learn more about your ad choices. Visit megaphone.fm/adchoices

There are a number of ways that the average speculator can learn and benefit from the strategies and philosophies of the well-established greats like Buffett, but how can the savvy investor get the most out of the limited information available to us?In the constant battle between businesses and the legislators trying to reign them in, the deck is often stacked against the little guy. Luckily, that’s not always the case, and successful investors know how to find every advantage possible to build a portfolio that can withstand market volatility.This week on InvestED, Phil and Danielle answer some great questions they’ve received about how to find investing gurus that you can learn from. They’ll show you how to easily find the information you need from these investors, which will paint a clearer picture for you when it comes to your own personal investing journey..To find out more about our investing philosophy, check out our NYT best sellers and get the first 2 chapters of each of our audiobooks: https://bit.ly/3N21M18Topics Discussed: Index funds Pre-COVID Bitcoin Importance of following public filings of large scale investors Primary sources/secondary sources Resources Discussed: EDGAR InvestED Dataroma GuruFocus Holdings Channel WhaleWisdom Learn more about your ad choices. Visit megaphone.fm/adchoices

Free time is, for many, a precious commodity that there simply never seems to be enough of. How then can those with a goal and a vision for how to achieve it budget and invest their time to pursue that goal?With the speed of technological development and the amount of resources available to anyone who wants to seriously pursue coding, the next society-changing app could always be right around the corner. As problems become more complex, so do the solutions–as well as the tech required to implement them.This week on InvestED, Danielle talks with returning guest Nuno Neves Cordeiro about his journey to becoming an expert in the field of AI, and what that journey had in common with value investing.To find out more about our investing philosophy, check out our NYT best sellers and get the first 2 chapters of each of our audiobooks: https://bit.ly/3N21M18Topics Discussed: Learning to code Understanding and applying algorithms Process vs results Learn more about your ad choices. Visit megaphone.fm/adchoices

Until very recently, a lot of talk about artificial intelligence conjured dystopian images of Skynet, the Matrix, and HAL-9000 instead of a browser window answering homework questions or rendering bizarre reproductions of famous artwork.However, the recent releases of some powerful AI tools has reframed the popular understanding of what AI really is, and the investing world has taken note. At times when technology takes an exponential leap forward, how can companies avoid being behind the curve?Following some recent discussion about the prominence of artificial intelligence in the current cultural conversation, Phil and Danielle brought in an expert on the topic (Nuno Neves Cordeiro) to clear the air and answer some of their lingering questions and dispel some of the pop culture myths surrounding AI.To clear up some other common market misconceptions, click here for a free copy of the The 3 Greatest Stock Market Myths Ever Told: https://bit.ly/45NycoEToday’s Guest:Nuno Neves Cordeiro (LinkedIn)Topics Discussed: Rule-based vs machine learning APIs and AI Fears about AI replacing humans Resources Discussed: ChatGPT Bard Learn more about your ad choices. Visit megaphone.fm/adchoices

In 2023, it seems like every other week has seen a new AI tool pop up and have its 15 minutes of fame. From image generation to chat functions and voice replication, the public eye has never been more fully focused on artificial intelligence.Is the latest wave of machine learning composed of actual breakthroughs, or have users been fooled by elaborate systems of smoke and mirrors? Knowing the risks of involving artificial intelligence in the investing process is a tricky challenge to navigate, and one that seems to grow more complicated every day.This week on InvestED, Phil and Danielle turn their sights back to AI and talk through the potential implications of computer brains and their effects on the financial world.If you prefer a more traditional technological approach to your investing journey, click here for your Rule #1 Calculators for Investing Analysis: https://bit.ly/42dBHSnTopics Discussed:AI hallucinationResources Discussed: Bard ChatGPT BloombergGPT The Intelligent Investor Learn more about your ad choices. Visit megaphone.fm/adchoices

As the shock waves dissipate following the 2023 Berkshire Hathaway shareholders meeting, they nevertheless continue to be felt as we come back for a third week of analysis on one of the investing world’s most significant yearly events.This year’s meeting took place in the midst of a tumultuous period of post-pandemic supply chain disruptions, worldwide inflation, and the looming threat of the next big recession.In the final episode of this three-parter, Phil and Danielle focus on the role of currency in the current economic crises facing the markets. Listen in as they break down the comments of Buffett and Munger and offer their own insights on the topic.For more pearls of wisdom from the Oracle of Omaha, get your free copy of the Warren Buffett Book of Quotes: https://bit.ly/3OEPXjLTopics Discussed: Currency in circulation Hoarding cash/luxury assets Resources Discussed:FRED (Federal Reserve Economic Data) Learn more about your ad choices. Visit megaphone.fm/adchoices

After last week’s episode scratched the surface of the recent Berkshire shareholder meeting’s Q&A session, we’re going back to the well of investing wisdom that is Buffett & Co. This year’s meeting brought a number of insights, both personal and business-related, from the leaders at Berkshire. What do some of the world’s most successful investors have to say about what guides their strategies in 2023?This week on InvestED, Phil and Danielle dive deeper into the weeds of the Berkshire Hathaway shareholder meeting and share some wisdom of their own.To mark your own financial progress and plan for the future, click here for your copy of Map Out Your Investing Journey: https://bit.ly/3WbuIbeTopics Discussed: Porsche Owners Club Berkshire Hathaway shareholder meeting USA vs China Taiwan Semiconductor Stock buybacks Resources Discussed:Damodaran on Valuation Learn more about your ad choices. Visit megaphone.fm/adchoices