Rule #1 Finance Blog

With Investor Phil Town

InvestED: Ep 198- IPOs & Uber

“When we value a company we want to look at a company that has a track record of 10 years. Especially, the last 10 years. IPOs are in the risky biz portfolio for lack of a long track record. ” – Phil Town

This week we discuss why we’re in such a wild stock market. The market dropped 15% and is working its way back up. We’ve got the “Trump Effect” going on and we’re in our 10th year of no recession. That’s the longest in American history. We’re also at a Shiller PE that hasn’t been this 140 years it’s only been where it is now 4 other times.

Although Phil is pretty reluctant to talk about it, we do talk about upcoming IPOs and if an IPO is mature enough to do a Rule #1 analysis on them.

An IPO means is that the company is handling stock over to the public in exchange for money and there’s a couple of major reasons why they would do this. The first major reason is they need cash! It’s a battery.

Want to learn what we think of IPOs? Join us on the podcast today!

If you want to learn how to evaluate companies, join Phil for a free investing webinar where he’ll teach you all the basics.

Subscribe & Review in iTunes

Are you subscribed to InvestED? If you’re not, I want to encourage you to do that today because we don’t want you to miss an episode. Our episodes are weekly and are sometimes multiple parts and if you’re not subscribed there’s a good chance you’ll miss out on current events happening in the market. That would be a major bummer. Click here to subscribe in iTunes!

Now if you’re feeling extra loving, it would be awesome if you left us a review on iTunes, too. Those reviews help other people find this podcast and Danielle and I also love reading them so that we can improve your listening experience. Just click here to review, select “View in iTunes”, then “Ratings and Reviews”, and “Write a Review” and let me know what your favorite part of the podcast is.

Now go play!

On the InvestED podcast, Phil and his daughter Danielle shine a light on the successful investing strategies that gurus like Warren Buffett have used for 80 years. Listen in for a great stock market education on basics, learn how to invest on your own, and follow along with real-time examples and investing tips from week to week.