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79- Back to Basics: Are You Capable of Understanding the Business? (Pt.2)

79- Back to Basics: Are You Capable of Understanding the Business? (Pt.2)

FromInvestED: The Rule #1 Investing Podcast


79- Back to Basics: Are You Capable of Understanding the Business? (Pt.2)

FromInvestED: The Rule #1 Investing Podcast

ratings:
Length:
42 minutes
Released:
Oct 11, 2016
Format:
Podcast episode

Description

Ask yourself, “is reading about this business fun or a root canal?” This week on InvestED we are revisiting Charlie Munger’s first principle of being capable of understanding a business. Last week we learned that you may be capable of understanding a business if you have some basic experience with that business or industry. Now, we will explore how to evaluate your own level of understanding of the business. For show notes and more information visit www.investedpodcast.comLearn more about your ad choices. Visit megaphone.fm/adchoices
Released:
Oct 11, 2016
Format:
Podcast episode

Titles in the series (100)

Phil Town is a hedge fund manager and author of 3 New York Times best-selling investment books, Invested, Rule #1, and Payback Time. On the InvestED podcast, Phil and his daughter Danielle shine a light on the successful investing strategies that gurus like Warren Buffett have used for 80 years. Listen in for a great stock market education on basics, learn how to invest on your own, and follow along with real-time examples and investing tips from week to week. Subscribe and leave a review. Questions? Email questions@investedpodcast.com.