May 21, 2020
Introduction
It is my third vacation day to learn how to live with hay fever, so I can go back to work full time in short future. Also I like to learn one more time to replay one hour webinar from Phil Ruleoninvesting.com
Add more notes based on the first play
I choose red color for notes added in the second play. I started from 10:00 AM on May 21, 2020.
21% American retire comfortably, easy steps to take to learn how to invest on stock market.
Business approach - prove there things
- Teach you, we can
- You can learn by yourself
- ...
By the end of this webinar, you are going to KNOW...
- How to reduce your risk in the stock market
- How to protect yourself from the downward moves that regularly come in the stock market
- How to generate returns of 15% or more by doing something really simple... while even the top mutual fund managers get just 5%
- How you can be just as successful as "rock star" investors like Warren Buffett by doing what they do... and I'm going to tell you how they do this.
Rule #1 virtual workshop event
May 21, 2020
It is one hour virtual workshop event. I like to take some notes what I learn from this presentation.
79% - run out of money in retirement
21% - doing great and can enjoy the money whenever how long they live
Jack Meyer - Harvard investor
Sec filing of Warren Buffet
Moat of the company - how to find the company?
10 dollars to buy using 5 dollars
Mutual fund manager - value is questioned, and cost of management fee is questionable.
Charlie Munger - 60 year partner of Warren Buffet
I have a life, and I like to relax and sit them wait. Event -> It's time to be greedy when other people are fearful.
Market - sell half price -> dream price, disaster helps - global things - Greece 2001
Industry crisis - 2010 Mexico well broke
IBM - shift - radically things
Recession
They have to beat those competitors ...
Rain gold -> time to go out with a bucket ...
Wash tub -> fill wash tub with gold
Three day workshop -
Focus - each punch, 20 punch whole life - 20 companies in life time, 4 or 5 of them, big margin of safety in the life
You have to have a lot of ...
Here's a recap of how this works
Rule #1 strategy: R.U.L.E.R.
Introduction
It is one hour virtual workshop event. I like to take some notes what I learn from this presentation.
Ideas I like
79% - run out of money in retirement
21% - doing great and can enjoy the money whenever how long they live
Jack Meyer - Harvard investor
Sec filing of Warren Buffet
Moat of the company - how to find the company?
10 dollars to buy using 5 dollars
Mutual fund manager - value is questioned, and cost of management fee is questionable.
Charlie Munger - 60 year partner of Warren Buffet
I have a life, and I like to relax and sit them wait. Event -> It's time to be greedy when other people are fearful.
Market - sell half price -> dream price, disaster helps - global things - Greece 2001
Industry crisis - 2010 Mexico well broke
IBM - shift - radically things
Recession
They have to beat those competitors ...
Rain gold -> time to go out with a bucket ...
Wash tub -> fill wash tub with gold
Three day workshop -
Focus - each punch, 20 punch whole life - 20 companies in life time, 4 or 5 of them, big margin of safety in the life
You have to have a lot of ...
Here's a recap of how this works
- Get the stock on your radar
- Understand the company in great detail... including its values
- Make sure the company meshes with your value system
- Wait for an event
- Understand the event and why the price of the company has plummeted
We are actually human. We are not genius. We are reducing the risk of the money on the table.
Minimize the risk, take some money out of the market at right time.
You cannot time the market - huge advantage - be nimble? Too big, it will crash the market - Warren Buffet for example
IBM - buybacks: Reduce risk
- Radar
- Understand
- Love
- Event
- Reduce risk
2011, 2012 tools for your 401 K could save you big drop in the market
51:50 Here's what you will learn:
- How to buy a wonderful company for half the price
- Know when to get out
Rule #1
Here's what you're going to discover in our three days together
- Which companies to radar and how to find them, so you have about 50-100 target companies.
- How to know the company is wonderful and the reliable sources to help you find these companies so that you only use correct information
- How to match your values with your money. People who attend the workshop especially love this.
- How to find an EVENT, which is huge, because this means you buy a $10 note for $5.
- How to maintain your margin of safety so you protect your capital.
- And then we'll get into some of them ore advanced financial tools including derivatives, which is just basically options. Understand these and you'll reduce your potential exposure to zero, faster.
- How to create a high cash flow in retirement so you're not eating beanie-weenie and struggling to survive
People pay $5000 dollars to attend. Best education to get. Warren Buffet tried to teach in 50 years.
Spend three days with me. Turn into low risk and high return.
Actionable Items
It is similar to boot camp. I do think that it takes time to learn and no one can be a super talent learner by going through 3 days training, $5000 dollar cost.
Teacher is the best. But reality is tough for any one to be a naive investor in stock market.
Teacher is the best. But reality is tough for any one to be a naive investor in stock market.
Ruleoneinvesting.com
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