The Rule #1 Investing method is a lot of research and waiting for the right time. But when is the right time? Is it okay to compromise somewhere throughout your journey?
This week on InvestED, Phil and Danielle discuss using the “margin of safety” when looking to buy their stocks. Truth is, while the Rule #1 Investing Method will put you on the right track, there’s still so much opportunity to be flexible depending on your own situation and values.
Tune in to learn how to define your margin of safety to help you avoid investing mistakes – whether it be ignoring your margin of safety, or staying too far within the lines of it.
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Topics discussed in this podcast:
- How to tell if you’ve made a mistake
- Defining your own investing rules
- Difference between founder-led and non-founder led companies
Additional resources discussed in this podcast:
- Lou Simpson Passed Away
- Activision Scandal & Stock Patterns
For show notes and more information visit www.investedpodcast.com.
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