2821: 6 Principles The Best Investors Use to Crush The Market by Phil Town on Investment Advice
Optimal Finance Daily - Financial Independence & Money Advice - A podcast by Optimal Living Daily | Diania Merriam
Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2821: Phil Town shares six timeless principles from the Rule #1 strategy that top investors like Warren Buffett and Charlie Munger use to achieve outstanding market returns. These principles emphasize rational decision-making, deep business understanding, investing in companies you believe in, waiting for market opportunities, reducing risk through basis reduction, and developing a comprehensive investment thesis. Discover how these strategies can transform your investment approach and help you achieve financial success. Read along with the original article(s) here: https://www.ruleoneinvesting.com/blog/investing-news-and-tips/6-principles-the-best-investors-use-to-crush-the-market/ Quotes to ponder: "Rule #1 states 'Don’t lose money,' and these 6 principles are always on my mind to help me avoid violating that critical rule." "Fear of losing more than you can afford to lose tends to make the mind go irrational. You start guessing." "Love what you own. Put your money where your values are." Learn more about your ad choices. Visit megaphone.fm/adchoices