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Rule #1 - The Simple Strategy for Successful Investing-in Only 15 Minutes a Week!-logo

Rule #1 - The Simple Strategy for Successful Investing-in Only 15 Minutes a Week!

Phil Town

Phil Town is now a very wealthy man, but he wasn't always. In fact, he was living on a salary of $4000 a year when some well-timed advice launched him down a highway of investing self-education that revealed what the true "rules" are and how to make them work in one's favor. Chief among them, of course, is "rule #1": "don't lose money." Other rules are: don't diversify...think like an owner, not an investor ... never, ever be seduced into thinking the market is efficient. Town also believes strongly in "betting on the jockey," putting your faith in managers who've proven their financial mettle. Not only does Town reveal fresh methods for identifying who the truly reliable managers are, but he shows you how to test whether they really have faith in the businesses they're running. By far, the most controversial of the audiobook's assertions will be that giant 401(k) type mutual funds can't help but regress to the mean, and in the next twenty years, the mean could be very disappointing indeed. There's a very real chance that a 401(k) investor could see his holdings not grow at all in the next few decades. Fortunately, Town's stockpicking techniques are meant to walk investing phobes through the do-it-yourself process, equipping them with the tools they need to make quantum leaps toward financial security. Rule #1 says something new, and it says it in a way that every listener can understand. From the Compact Disc edition.

Phil Town is now a very wealthy man, but he wasn't always. In fact, he was living on a salary of $4000 a year when some well-timed advice launched him down a highway of investing self-education that revealed what the true "rules" are and how to make them work in one's favor. Chief among them, of course, is "rule #1": "don't lose money." Other rules are: don't diversify...think like an owner, not an investor ... never, ever be seduced into thinking the market is efficient. Town also believes strongly in "betting on the jockey," putting your faith in managers who've proven their financial mettle. Not only does Town reveal fresh methods for identifying who the truly reliable managers are, but he shows you how to test whether they really have faith in the businesses they're running. By far, the most controversial of the audiobook's assertions will be that giant 401(k) type mutual funds can't help but regress to the mean, and in the next twenty years, the mean could be very disappointing indeed. There's a very real chance that a 401(k) investor could see his holdings not grow at all in the next few decades. Fortunately, Town's stockpicking techniques are meant to walk investing phobes through the do-it-yourself process, equipping them with the tools they need to make quantum leaps toward financial security. Rule #1 says something new, and it says it in a way that every listener can understand. From the Compact Disc edition.
More Information

Description:

Phil Town is now a very wealthy man, but he wasn't always. In fact, he was living on a salary of $4000 a year when some well-timed advice launched him down a highway of investing self-education that revealed what the true "rules" are and how to make them work in one's favor. Chief among them, of course, is "rule #1": "don't lose money." Other rules are: don't diversify...think like an owner, not an investor ... never, ever be seduced into thinking the market is efficient. Town also believes strongly in "betting on the jockey," putting your faith in managers who've proven their financial mettle. Not only does Town reveal fresh methods for identifying who the truly reliable managers are, but he shows you how to test whether they really have faith in the businesses they're running. By far, the most controversial of the audiobook's assertions will be that giant 401(k) type mutual funds can't help but regress to the mean, and in the next twenty years, the mean could be very disappointing indeed. There's a very real chance that a 401(k) investor could see his holdings not grow at all in the next few decades. Fortunately, Town's stockpicking techniques are meant to walk investing phobes through the do-it-yourself process, equipping them with the tools they need to make quantum leaps toward financial security. Rule #1 says something new, and it says it in a way that every listener can understand. From the Compact Disc edition.

Language:

English

Length:

4h 24m


Chapters

Chapter 1
Chapter 1

04:40


Chapter 2
Chapter 2

04:29


Chapter 3
Chapter 3

03:53


Chapter 4
Chapter 4

04:38


Chapter 5
Chapter 5

04:13


Chapter 6
Chapter 6

04:08


Chapter 7
Chapter 7

03:07


Chapter 8
Chapter 8

03:32


Chapter 9
Chapter 9

02:49


Chapter 10
Chapter 10

04:59


Chapter 11
Chapter 11

02:56


Chapter 12
Chapter 12

03:06


Chapter 13
Chapter 13

04:01


Chapter 14
Chapter 14

04:10


Chapter 15
Chapter 15

04:23


Chapter 16
Chapter 16

02:43


Chapter 17
Chapter 17

04:09


Chapter 18
Chapter 18

02:49


Chapter 19
Chapter 19

05:19


Chapter 20
Chapter 20

04:14


Chapter 21
Chapter 21

04:29


Chapter 22
Chapter 22

03:33


Chapter 23
Chapter 23

03:56


Chapter 24
Chapter 24

04:24


Chapter 25
Chapter 25

04:38


Chapter 26
Chapter 26

05:59


Chapter 27
Chapter 27

04:21


Chapter 28
Chapter 28

02:55


Chapter 29
Chapter 29

04:44


Chapter 30
Chapter 30

02:46


Chapter 31
Chapter 31

03:21


Chapter 32
Chapter 32

05:07


Chapter 33
Chapter 33

05:36


Chapter 34
Chapter 34

01:18


Chapter 35
Chapter 35

04:34


Chapter 36
Chapter 36

04:32


Chapter 37
Chapter 37

03:22


Chapter 38
Chapter 38

04:08


Chapter 39
Chapter 39

04:52


Chapter 40
Chapter 40

03:39


Chapter 41
Chapter 41

02:58


Chapter 42
Chapter 42

03:08


Chapter 43
Chapter 43

05:16


Chapter 44
Chapter 44

03:53


Chapter 45
Chapter 45

03:21


Chapter 46
Chapter 46

04:10


Chapter 47
Chapter 47

03:36


Chapter 48
Chapter 48

05:28


Chapter 49
Chapter 49

04:54


Chapter 50
Chapter 50

02:10


Chapter 51
Chapter 51

03:15


Chapter 52
Chapter 52

04:40


Chapter 53
Chapter 53

02:31


Chapter 54
Chapter 54

05:16


Chapter 55
Chapter 55

02:05


Chapter 56
Chapter 56

05:33


Chapter 57
Chapter 57

06:11


Chapter 58
Chapter 58

04:18


Chapter 59
Chapter 59

04:06


Chapter 60
Chapter 60

04:02


Chapter 61
Chapter 61

05:00


Chapter 62
Chapter 62

03:26


Chapter 63
Chapter 63

04:24


Chapter 64
Chapter 64

03:55


Chapter 65
Chapter 65

02:22


Chapter 66
Chapter 66

04:18