InvestED: The Rule #1 Investing Podcast

Phil and Danielle Towne explain how to respond when a company you own experiences a negative event that drops its stock price significantly.

Phil and Danielle Towne, hosts of the InvestED podcast, continue their vault series on value investing — which Phil prefers to call Rule One Investing to emphasize the principle of avoiding permanent capital loss.

Phil Towne and his daughter Danielle Towne explore Terumo on the InvestED Rule 1 Investing Podcast, a Japanese medical device company discovered because a friend of Phil's has worked there for years.

Phil Towne and Danielle Towne frame this InvestED episode around investing through uncertainty, with Ukraine, volatile markets, and a rapidly changing world in the background.

Phil Towne and Danielle Towne open on election day, then pivot from a month of travel to a Portugal trip that turned into a COVID isolation story and a detour through Lisbon, Algarve, and Belo Horizonte.

Phil Towne and Danielle Towne spend most of “Tax Dodgers” on Tether, the private stablecoin that the Journal says handled as much money last year as Visa cards and now moves about $190 billion a day.

Danielle Towne and Phil Towne use Nike’s Colin Kaepernick ad to show how a public company can draw both buying and selling pressure from a single marketing decision.

Phil and Danielle Town explore the concept of mastery in investing, discussing how continuous learning and focusing on 'wonderful' businesses lead to long-term success.

Phil Town revisits Horsehead Holdings, a zinc producer that collected toxic EAF steel dust, processed it through kilns, and aimed to become a low-cost North American supplier from a new Mooresboro, North Carolina plant.

Phil and Danielle Town discuss their decision to sell Bank OZK after discovering it made speculative loans, contradicting their previous understanding, and reflect on the emotional challenges of letting go of long-term investments.

Father-daughter investing team Phil and Danielle Towne of InvestED discuss Phil's ongoing research into a small private envelope company as a Rule 1 investing case study.

Phil and Danielle Town explore the ethical dilemma of investing in companies that grow large, discussing whether such expansion benefits society or harms communities.

Buffett's meeting finally gets its turn.

Phil and Danielle Town discuss how broad reading and critical thinking are essential for investing, using examples from American history like Daniel Boone and modern academia.

Danielle Town and Phil Town of the InvestED podcast interview Dawa Tarchin Phillips, a mindfulness teacher and entrepreneur who spent 12 years in a Buddhist monastery — including two back-to-back three-year meditation retreats — before entering the business world.

Phil and Danielle Towne of the InvestED podcast debate whether value investing requires significant brainpower, agreeing that Warren Buffett's insistence that intelligence matters less than discipline is most true for smaller investors who have a universe of small-cap companies that can meaningfully move the needle on modest portfolios.

Phil and Danielle Town explore the dangers of confirmation bias and investing outside your circle of competence, using examples from Theranos, a failed San Diego real estate deal, and personal anecdotes.

Danielle and Phil Town explore Formula One as a potential investment, analyzing Liberty Media's acquisition, debt challenges, and the sport's growth prospects, while applying value investing principles like simplicity and predictability.

InvestED: The Rule #1 Investing Podcast examines Berkshire succession through Warren Buffett's view that Greg Abel should oversee capital allocation because understanding businesses means understanding common stocks.

Phil and Danielle return after missing a week, and the opening is shaped by Phil’s long stretch of feeling unwell and the slower pace that comes with recovery.

Phil Town and Danielle Town open with the kind of easy banter that feels familiar right away.

Phil and Danielle spend the episode on the value of leaving a strong portfolio alone.

Phil and Danielle Town provide an educational overview of Rule 1 investing, focusing on the importance of free cash flow over earnings for valuing companies.

Phil Towne and Danielle Towne use this InvestED episode, “It’s a Free Market,” to argue that corporate tax rates and fund voting power shape where companies operate and how they behave.

The host investigates why companies like Lululemon are scaling back lifetime warranties, discovering that many brands now offer limited guarantees.

Phil and Danielle Town use GameStop, BlackBerry, and AMC to explain how a short squeeze can form when hedge funds borrow more stock than exists and then get forced to buy it back.