“If you’re on a path that’s a good path, you will succeed at it.” – Phil Town
This week on InvestED, Phil and Danielle discover parallels between a hero’s journey and the journey that one takes as a Rule #1 investor.
Just as a hero does, a Rule #1 investor starts as a person in the ordinary world who experiences a call to adventure. They then have to cross the threshold into investing, go through tests, learn, and many times face failure before they find success.
This call to adventure may be a realization that you need to help yourself financially or get yourself to a better life.
But what do you do when others around you including yourself become skeptical? Keep persevering and don’t give up.
By following Rule #1 investment strategies like understanding the business, determining if the moats are strong, and waiting to buy it on sale, you will find success.
If you want to learn more about Rule #1 investment strategy and current financial news, join us on the podcast today!
- The Hero’s Journey: Joseph Campbell on His Life and Work
- The Dhandho Investor: The Low-Risk Value Method to High Returns
- Undaunted Courage by Stephen E. Ambrose
Subscribe & Review in iTunes
Are you subscribed to InvestED? If you’re not, we 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 Phil 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!