InvestED: The Rule #1 Investing Podcast

To learn more about JJ Virgin and for a special offer, visit: www.miraclemindset.com/investor In the second half of our conversation with JJ Virgin, she introduces us to “anchoring”. She also explains a few tips on how to master your mindset to become successful at investing. For show notes and more information visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

To learn more about JJ Virgin and for a special offer, visit: www.miraclemindset.com/investor This week we sit down with JJ Virgin, celebrity fitness and health coach and four-time best-selling author. In this episode, we discussed a life-altering event that took place four years ago for JJ and her family, and the outstanding book she wrote that gave meaning to The Miracle Mindset. For show notes and more information visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

For show notes and more information visit www.investedpodcast.com This week we explore cash flow and dividends. We dive into the essential basics for effective income strategy and how to keep more money in your pocket at the end of the year. Learn more about your ad choices. Visit megaphone.fm/adchoices

For show notes and more information visit www.investedpodcast.com Why is it so hard to find stocks that are on sale right now? This week we discuss systemic risk vs. non-systemic risk, modern portfolio theory, and what beta means in investing, and if financial sites like betterment will get you enough returns for you to retire on. Learn more about your ad choices. Visit megaphone.fm/adchoices

We’ve talked about valuation methods on our InvestED podcast before, but this week I’m sharing a little trick on how I quickly value businesses to determine if they are worth diving into or not. Here are 6 steps to perform a 45-second “Quick and Dirty” valuation using my Rule #1 Toolbox. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week on InvestED podcast we are continuing our back to basics series with a look into Charlie Munger’s 4th principle: Margin of Safety. We will take a look at how investing in the stock market isn’t much different than investing in real estate and why the same 10-year rule applies. We will also reveal why Margin of Safety may just be the most important words of investing. Learn more about your ad choices. Visit megaphone.fm/adchoices

For show notes and more information visit www.investedpodcast.com Happy New Year! This week on InvestED we continue discussing how to find CEOs and management with integrity and talent. Since we already discussed how to spot a bad CEO, we wanted to spend a minute giving you qualities of great CEOs for comparison. Learn more about your ad choices. Visit megaphone.fm/adchoices

For show notes and more information visit www.investedpodcast.com This week we will review how you can spot a bad CEO and go over three numbers that will allow you to judge if management is acting in your best interest or their own. Learn more about your ad choices. Visit megaphone.fm/adchoices

For show notes and more information visit www.investedpodcast.com Finding a management team with integrity and talent can be challenging, they are only human after all. This week on our Back to Basics series, we’ll go over how important it is to find a wonderful company with a great management team and the 6 key things that you can look out for to avoid investing in a bad CEO. Learn more about your ad choices. Visit megaphone.fm/adchoices

For show notes and more information visit www.investedpodcast.com This week, we're wrapping up our discussion on finding a company’s moat. We will give you a brief overview of Charlie Munger’s 4 Principles of Investing and how moat plays a key role in his investing strategy. We will finish with a review of the assignment from our previous moat discussions. Learn more about your ad choices. Visit megaphone.fm/adchoices

For show notes and more information visit www.investedpodcast.com Are we bound for a stock market crash? This week we're reflecting on some of the fantastic points that came up during our interview with investor, Guy Spier. We will expand on Guy’s style of being invested in the market all the time, and we will discuss why there is bound to be a market crash in the future. Learn more about your ad choices. Visit megaphone.fm/adchoices

For show notes and more information, visit www.investedpodcast.com This week we are wrapping up our review of value investing basics with Hedge Fund manager and author of Education of a Value Investor, Guy Spier. We’ll ask Guy who he looks to for inspiration and discuss the fear that can accompany buying stock. Learn more about your ad choices. Visit megaphone.fm/adchoices

For show notes and more information, visit www.investedpodcast.com This week we are continuing our discussion on value investing basics with Hedge Fund manager and author of Education of a Value Investor, Guy Spier. This week we’ll cover how to know what you don’t know and get Guy’s thoughts on finding a company’s moat. Learn more about your ad choices. Visit megaphone.fm/adchoices

We're excited to introduce our first SPECIAL GUEST, GUY SPIER, a Hedge Fund manager and author of Education of a Value Investor, for a special 3 part series covering value investing basics. This week we’ll cover how Guy researches a company’s management and why he never gives or takes advice on investing. For show notes and more information, visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

We're releasing this podcast early just in time for the election. Is the November of an election year a good entry point for investors? This week we’re talking about the November 8th Presidential Election and how it relates to investing. We’ll cover what makes the stock market so volatile around an election and why this is a great time to start paying close attention to the companies on your watchlist. For show notes and more information, visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

For show notes and more information visit www.investedpodcast.com This week on Invested, it’s back to moats! We’ll take a look at the assignment from last week and see how well you did identifying the moat of FOXA and WFC. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week on the InvestED podcast we are continuing our review on finding a company’s moat. We’ll go over the 6 types of moats, as well as give you an online resource that helps you identify wide moat companies based on financial data. For show notes and more information visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

This week we are revisiting Charlie’s third principle that separates investing from speculation, finding the moat. A moat is an integral component of a business that protects it against competition. We will explain the 6 ways that companies build and secure their moat. For show notes and more information visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Being good at skiing may not mean you will be excellent at snowboarding on the first try, but it does provide you with an understanding of winter sports which you can then grow upon. This week on InvestED we are diving into Charlie Munger’s first principle of finding great companies. We will explain what it means to be capable of understanding the business and the level of understanding that is ultimately recommended before investing in a company. For show notes and more information visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

It is easy to find great companies on sale every day to invest in. The key is determining which ones speak to you, and which ones you are capable of understanding. Last week we went over the 3 circles to determine the right neighborhood for you to invest in. Today on InvestED, we are going back to basics once again by covering 5 ways to find the perfect home to invest in within your neighborhood. For show notes and more information visit www.investedpodcast.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Long term investing that provides low risk and high rates of return might sound imaginary, but we know it’s possible! But, if value investing is so great, then why doesn’t everyone do it? As Charlie Munger puts it, the concepts behind value investing are so simple and obvious, they can’t be taught in schools. There just isn’t enough content to fill an entire semester, so what would the teachers do? Today on InvestED we are starting a “Back to Basics” series. We will focus on the key concepts of value investing, starting where to start looking for your great companies. For show notes and more information visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

With any type of investing comes a certain level of risk. While it is great to celebrate our victories, we must also reflect on our failures and find the valuable lessons learned. This week on InvestED we are going over what exactly happened with Horsehead Holding (ZINC), how Phil was involved, and the lessons that were learned from this experience. For show notes and more information visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

This week we’re taking a small break. We’ve chosen one of our favorite episodes from the past that you may have missed. We talk about the concept of dharma and finding purpose in the things that we enjoy doing. We also discuss the difference between making a promise to yourself and setting goals. Investing starts with making a promise to yourself to do it. For show notes and more information visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

This week and next week we're taking a small break to spend some time with family. But don't worry, you don't have to miss any of InvestED because we've chosen some of our favorite episodes from the past that you may have missed. In this episode we discuss how to put your money where your mouth is. We talk about the joys of investing, how to find a business you love and want to know more about, and ways to make investing fun. Enjoy! For show notes and more information visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

This week we explain what to do with your money while waiting for the next great company and how sitting in cash can still produce high returns. For show notes and more information visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Why don't the most successful investors live near Wall Street? This week on InvestED Podcast we'll explore the concept of groupthink and show the trusted gurus are able to avoid it. We will also revisit the business valuation checklist we established last week and dive into the remaining eight items on the list. For show notes and more information visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

How do you determine the value of a business? This is the topic we have been focusing on for the last several weeks. We've gone through several valuation methods, such as Margin Of Safety, Payback Time and Cap Rate. This week I'm sharing with you the short and simple checklist that I have created to help you determine the value of a business in 11 steps that will work with all any of the valuation methods we have discussed. For show notes and more information visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

What is a real investment? This week we discuss how to spot a ‘real investment’ by using a company’s free cash flow and how this method differs from the valuation method outlined in my book, Payback Time. We’ll also go over the two types of fund managers and share why they don’t follow Rule #1 style investing. For show notes and more information visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

How do you find company financial data online? This week on InvestED we’re answering a question from Jacob, who found that two online financial calculator sites are reporting a very different number for Netflix’s free cash flow. We will walk through the process of how to find this number on each of these sites and show you how to go straight to the source and easily calculate free cash flow from the company’s financial statements. It’s not as hard as you may think, and you’ll be getting the most accurate data by doing it yourself! For show notes and more information visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Here is an easy way to think about value investing: Investing is like going to a garage sale and buying a bike in perfect shape for $50 that you could have bought for $100 at the store. What you’re buying is worth more than what you are paying. This week on InvestED we explain the difference between investing and speculation and why not everyone agrees on their definitions. We also dive deep into the Rule of 72 and teach you how to estimate your compounding rate of return. For show notes and more information visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

How do dividends factor into the valuation of a business? This week on InvestED we answer this frequently asked question by diving deeper into valuation. We explain how using dividends to estimate the value of a business could result in missed opportunities, and how your short term financial goals may change the way you look at dividends altogether. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week on InvestED we discuss why you need to start investing in your financial life and stop letting fund managers and advisors control your money. We will also share some of our favorite books written by big names in the value investing world. Remember, to get the most out of your money, you must be committed to continually learning. For show notes and more information visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Why is investing a lot like yoga? This week we acknowledge the fact that investing is a practice, much like yoga, requiring time and discipline to get the most out of it. We also dive into cash flows and dividends and find out if a company’s financial standing can be determined by their dividend payout schedule. For show notes and more information visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

This week on InvestED, we’re breaking down how to invest like the best investors in the world. We’ll cover value investing and how it has changed over the years. We will also share some of our tips on how to avoid becoming overwhelmed by investing. For show notes and more information visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

It’s our One-Year Calendar Anniversary on the InvestED Podcast! One full year of learning, growing, and most importantly, laughing. Thank you all for being a part of our journey, we’re looking forward to another great year ahead of investing education. In today’s episode, we’re taking a step back to recap all of the most important things we’ve learned over the past year. For show notes and more information visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

This week on InvestED, we’re talking about real estate investing and discussing the importance of viewing this type of investment as a business. We’ll share how to avoid common mistakes made by most real estate investors, and the ways you can make a real estate investment profitable. For show notes and more information visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

How can a company that appears to be dead still be a valuable investment? Ben Graham used to buy companies like this all the time in the ‘30s. We like to call them “zombie companies,” and in today’s episode, we’re going to go step-by-step through the process of finding out how much a zombie company can be worth, and why you might consider buying one. For show notes and more information visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

What is payback time? This week we discuss the calculation of how long it takes to get your money back from an investment and a great way to figure out what you would buy a private business for. For show notes and more information visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Do you know how to value a company? This week on InvestED, we dive deeper into the four methods of valuation. We will also take another look at our lemonade stand and use it to illustrate how to use each method. For show notes and more information visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

What does meditation have to do with investing? This week we drill into the depths of great investing and discuss how to be mindful with your money as you invest in your future. We explain the role emotions play in our financial decisions, as well as ways to practice mindfulness in investing and in life. For show notes and more information visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

What does it mean to invest with your values? This week we discuss why it’s important to have control over your money and a say in what it is invested in. Those of you investing in indexes and mutual funds might be shocked to see what your money is being put into. For show notes and more information visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

This week we’re looking at our lemonade stand and running a margin of safety analysis. We decide how much we should pay per share in order to have an excellent return on our investment. For show notes and more information visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

This week we talk about the four numbers you need in order to calculate the intrinsic value of a business. Once we have this value, we’ll apply it to our Lemonade Stand example and be one step closer to determining the price you should pay for a business. For show notes and more information visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

This week we are diving deep into our Lemonade Stand and Real Estate examples to learn how to effectively evaluate a company. We’ll talk about market trends, step-by-step calculations and how to get the best return for your investment. For show notes and more information visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

This week we continue on the “Valuation Train” discussing in detail the ways to identify profitable businesses. For show notes and more information visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

This week we continue with our lemonade stand and real estate property. We determine which price we should pay when purchasing a business and how to determine the Capitalization Rate. For more info visit: investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Thank you all for listening to InvestED! We're happy to give you our 50th episode. This week we discuss our lemonade stand from episode 45 and why Capitalization Rate is important. We're really getting into the weeds now. For show notes and more information visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Are robo-advisors going to make human advisors obsolete? This week we discuss how robo-advisors invest for you based on the concept of modern portfolio theory. Show notes and more info visit: www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Does volatility mean that you’re taking more risk? This week we discuss short-term thinking vs. long-term thinking in investing and why your relationship with risk might be related to your thinking. For show notes and more information visit www.investedpodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices