In this video I review Phil Town’s Rule #1 Free Investing Workshop in Atlanta. I give my experience of attending the in-person workshop in Atlanta back in July 2019. Find out what I learned, and if it’s worth attending!
*Phil is currently holding these online so there may be elements which are slightly different in terms of the delivery but I believe the content is very similar to everything I mention in the video.
The workshop includes key elements from Phil Town’s Rule #1 Investing including the 4M’s.
- Meaning
- Moat
- Management
- Margin of Safety
It also focusses on the 3 valuation methods which Phil uses.
- 10 Cap
- Payback Time
- Margin of Safety
Once you have applied all of the above methods you need to counter your reason for wanting to buy the shares of your wonderful company. These are called the inversions and rebuttals. You need to flip the story on its head and look at why you should not to buy the stock, and then come back with a reasoned argument on how the company can overcome any of these problems.
Once we have found a wonderful company, have a valuation, and have completed the inversions and rebuttals we just need to wait for an event to put the company on sale so we can buy at our margin of safety price.
One part of the course I found really interesting was looking into different options trading strategies to complement the value investing approach. Phil makes a key differentiation between the long term investing and short term trading mindset. This is something which you need to master to be successful in each discipline.
You will cover call and put options and also get introduced to some basic options trading strategies such as a Bull Put Spread and Iron Condor.
Check out the video for my thoughts on the course and if it’s worth attending!
Please subscribe to the channel for more content like this.
[ Ссылка ]
Follow me on Instagram
[ Ссылка ]
Let’s connect on Twitter
[ Ссылка ]
Phil Town’s Rule #1 Website
[ Ссылка ]
Phil Town's Rule #1 Investing Workshop Review (Atlanta)
Теги
Financial Interestrule one investingRule 1 InvestingPhil Town’s Rule Number One InvestingPhil Town's Rule 1 Investing Workshop4MsMeaningMoatManagementMargin of safety10 Cap ValuationPayback Time ValuationMargin of Safety ValuationInversions and rebuttalsEventsOptions 101Call optionsPut optionsBull put spreadLong term investingShort term tradingOptions tradingThink or SwimValue investingHow to investTD Ameritrade