Phil Town
๐ค SpeakerAppearances Over Time
Podcast Appearances
There's only about four points.
Oh yeah.
This investing is investing.
I'll tell you, there's no difference between investing in a franchise, starting your own company, buying public stocks, buying private companies.
There's no difference whatsoever.
Investing is simply buying something that you understand for less than it's worth.
That's investing.
Now, our number one focus is helping people learn to invest, doing their own active investing.
And then those people who want us to help them because they're learning and that process is going to take them some time, then we'll manage their money.
I start off the whole course on Friday morning with real estate.
because real estate is an investment that most people understand.
They have a pretty good grip on it because they live in a piece of real estate.
So the idea of buying a house, for example, isn't such a foreign thing as going in and buying shares of Chipotle Grill.
So we start off right there with how do you buy real estate?
And when you look at the investors that we copy,
The guys that taught me those investors, who are they?
They do all that's Warren Buffett, Charlie Munger.
Um, I love watching David Einhorn.
I love watching, um, a number of investors that are running hedge funds, I think are really, really good.
There's probably a couple of dozen of them, but the main guy, if you wanted to just study this on your own would have to be Warren Buffett, right?