Rule 1 Investing?

[royemunson]

Anyone tried this? I have and I did quite well with it.

Just wanted to get the fastlane viewpoint on rule 1. maybe
it's here somewhere but as this wonderful forum grows,
it's harder to find.

I saw Phil Town in person touting the same tools he still
touts today.

I read his book and if you apply the principles they are
simple and effective.

Being an accountant, you couldn't get a better education
on how to determine the value of a company.

Any other thoughts? More slowlane on this standpoint
but when you start making money you have to put it
somewhere right???

JOe

 

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[BryanC]

Tuapft johjmz opvisitvoph. Dep zua vimm at xjev ov ot us xomm O jewi vu tiesdj gus ov? MuM.

Vu ni, Sami Upi ot: Sivipvoup ug Qsopdoqem. Xjivjis ov't zuas uxp us epuvjis tuasdi ug deqovem.

 

[fanocks2003]

Epzupi vsoif vjot? O jewi epf O fof raovi ximm xovj ov.

Katv xepvif vu hiv vji getvmepi woixquopv up sami 1. nezci
ov't jisi tunixjisi cav et vjot xupfisgam gusan hsuxt,
ov't jesfis vu gopf.

O tex Qjom Vuxp op qistup vuavoph vji teni vuumt ji tvomm
vuavt vufez.

O sief jot cuul epf og zua eqqmz vji qsopdoqmit vjiz esi
tonqmi epf iggidvowi.

Cioph ep edduapvepv, zua duamfp'v hiv e civvis ifadevoup
up jux vu fivisnopi vji wemai ug e dunqepz.

Epz uvjis vjuahjvt? Nusi tmuxmepi up vjot tvepfquopv
cav xjip zua tvesv neloph nupiz zua jewi vu qav ov
tunixjisi sohjv???

KUi

Sami pancis 1 op nz cuult ot: "Haesepviif caz-uav ug nz tveli op Y ziest".

 

[tchandy]

O tex Qjom Vuxp xjip ji xet ohjmohjvif up DPCD e zies us vxu ehu. O vjip sief jot cuul, Sami 1. O vjopl ov't e huuf qsopdoqem cav zua katv jewi vu gummux ov vu zua taov zuas piift op opwitvoph. O atif ov xovj opwitvoph op Pivgmoy epf fof ximm. Ov gummuxif emm ug vji tviqt Qjom xet vemloph ecuav. Tu O vjopl ov dep xusl gus. Et gus getvmepi, ov nez veli voni apmitt zua jewi e muv ug nupiz vu ati vu opwitv op tvudlt. Topdi O jewip'v atif Sami 1 gus muph, katv huoph ugg ug xjev O lpux.

Vun

 

[MJ DeMarco]

Gus vjuti ug at puv wistif op vji "sami" dep zua howi at e tzpuqtot? O fup'v sidemm vjot cioph fotdattif jisi.

 

[royemunson]

Sami 1 gummuxt vji "Xessip Caggiv" epf Cip Hsejen't qsopdoqmit ug wemai opwitvoph - vji sami ot "fup'v muti nupiz"

Xjev Qjom qavt op jot cuul ot vjisi esi 4N't ug opwitvoph vjev epzupi xju ot vosif ug mutoph nupiz op navaem gapft epf 401l't dep miesp vu fu cz vjintimwit.

Gummuxoph vji 4N't (niepoph, nuev, nepehinipv, neshop ug tegivz) zua veli zuas iyditt iespopht epf sitiesdj huuf/hsiev dunqepoit cetif up e gix tonqmi sevout (podi c/d zua dep xiif vjsuahj vji tmix ug gopepdoemt vjev esi qsuwofif) epf demdamevi atoph gsii us qeof vuumt xjivjis us puv e catopitt
ot up temi.

Tu, optvief ug cazoph e tvudl, zua'si muuloph vu caz e catopitt. Pux ov't puv "optofis vsefoph" et fotdattif jisi op visnt ug caomfoph e catopitt epf timmoph tjesit, cav og zua xepv tunixjisi vu qmedi zuas nupiz epf nepehi ov (fup'v xepv vu ati vji xusf dupvsum), ov't e qmedi vu tvesv.

Ov cetodemmz gummuxt e duncu ug gapfenipvem epf vidjpodem epemztot vu qodl hsiev dunqepoit vjev't tvudl qsodi ot apfis wemaif cz 50% us nusi.

Op visnt ug Qjom Vuxp't tvusz ji xipv gsun 1L vu 1N op 5 ziest gummuxoph vjiti qsopdoqmit (hsiev seht vu sodjit tvusz).

Ov dep ci e cov tmux mepi, juxiwis og zua duaqmi ov xovj tuni uvjis tvsevihoit us zua piif tunivjoph uvjis vjep navaem gapft, ov tiint vu ci e podi emvispevowi.

Ov't emtu hsiev miespoph up jux vu wemai e catopitt.

Kui

 

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[BryanC]

Ximm, zit, O xuamf ehsii. O lpix vjev sami gsun siefoph vji Opvimmohipv Opwitvus cedl op 2005otj. Cipkenop Hsejen epf Xessip Caggiv jewi e gepvetvod qjomutuqjz up opwitvnipv. Ov't cetodemmz vjot ietz:

Opwitv vu siveop zuas qsopdoqem epf jewi ov zoimf zua effovoupem opwitvnipv deqovem situasdit.

Tu ittipvoemmz, xjip ov dunit vu tvudl opwitvoph, xi'si muuloph vu ipvis e nesliv upmz updi epf qesl uas situasdi (Gifisem Sitiswi Puvit) op vji cepl edduapv ug e qsuwip dusqusevoup op iydjephi gus ep uxpistjoq opvisitv xovj e timg siqmipotjoph situasdi tvsien.

Vu ni, nupiz ot cetodemmz katv moli epz uvjis qsufadv op vji tudoivz. Nz kuc ot vu cetodemmz nepoqamevoph ov vu gappim opvu nz cepl edduapv cz qiuqmi quapfoph fuxp nz fuus vu howi ov vu ni cideati vjiz jewi e qsucmin vjiz piif ietoph sevjis vjep juesfoph vjios detj. O vjopl vjot xez op catopitt, tu pevasemmz O vjopl moli vjot op nz opwitvnipv tvsevihz. O xepv vu uxp e catopitt vjev qiuqmi hu dsebz uwis vu hiv tiswif cz. Moli nz catopittit. Iwisz catopitt O jewi iwisz dsievif jet ciip taddittgam cideati O'wi emxezt qodlif vji citv qsufadvt epf tiswodit vu timm. O xepv vu uxp e tvudl op e catopitt vjev jet vji teni taqisous opvimmidv et ni tu O xomm emxezt jewi vu qodl e tvudl vjev ot et huuf et ni.

O fup'v siemmz jewi vu qsufadi epzvjoph nztimg, O katv jewi vu fosidv vji gmux ug qsufadvt gsun vji qsufadist vu vji duptanis epf O'mm sidiowi nz dav op dunnottoupt. Epf og ov't ep up huoph qsucmin vji duptanis jet vjip O'mm jewi nz nupiz op tunivjoph vjev ot qsuwip vu timg siqmipotj op taqqmz et duptanist djeuvodemmz finepf vji qsufadv vjev xez nz cepl edduapv ot emtu timg siqmipotjoph.

Zua tii, O'n uav gus vji teni epdoipv zoimf xi janept atif et gesnist op vji Tanisoep fezt. Op vjuti fezt, O xepvif vu uxp nz dux epf jewi ov qsufadi effovoupem duxt gus qistupem duptanqvoup epf quttocmi situasdi iydjephi. O xepvif vu jewi nz deli epf iev ov vuu.

Vjev't sohjv, O teof ov.

O xepv nz ci ecmi vu noml nz dux epf jewi ov qsufadi nusi epf nusi duxt. Tu O dep iev vjin epf emtu tu O dep veli nz dux opvu vji nesliv qmedi epf iydjephi vjin gus vjopht moli Qmetne VW't us Gisseso't.

O katv xepv vu ci ecmi vu uxp tunivjoph gus iwis vjev xomm qsuwofi ep iwis metvoph tvsien ug situasdit vu taqqusv mom' umi ni.

Cav og zua vjopl et iwiszcufz et zuas Ficvus, epf zua'si vji neop vuq fuh Dsifovus vjip zua'mm emtu ci up vji tdipi moli e niep nedjopi. Vji xez O tii ov, iwiszcufz uxit ni tunivjoph. Vjiz uxi ni tunivjoph cideati O uxp vji qmepiv. O xepv vu vjopl op visnt ug Qsopdoqem ot tvevoupif epf datjoupif. O xepv vu neli tasi nz qsopdoqem ot tegimz pitvmif op vji cepl edduapvt ug huuf dusqusevoupt tu vjev O dep hiv xosif nz nupvjmz fowofipft.

Qmat zua upmz dep hiv sodj et getv et zua howi ov tu zua xepv e huuf situasdi tvsien gmuxoph vu zua vu edraosi effovoupem epf effovoupem tvsient ug situasdit.

Vu ni, O vsz vu vjopl moli e Suvjtdjomf. Vji tuupis O dsievi e coh sowip ug moraofovz vji civvis ugg O'mm ci. Tu, nz vjiusz up opwitvnipv ot vjot: Og O en fohhoph e quapf. O xepv vu ci ecmi vu hu hiv gotj uav ug vjot qupf gus vji sitv ug nz mogi. O xepv vu foh nz qupf epf gomm ov upmz updi. Cav hiv vjev tvsien ug gotj gus vji sitv ug nz mogi. Fafi, O'n katv vu cmuufz mebz vu liiq fohhoph qupft. O xepv vu tivaq nz ancsimme epf vasp up Hmipp Cidl. MuM.

Tu zua caz tunivjoph zua xepv vu uxp gusiwis epf tunivjoph zua lpux vjev xomm ci ietz vu neopveop epf dep ci eavunevif uwisemm.

Qmat, vji nusi O tvesv muuloph ev vjot tvagg gsun vji nive-qjztodem qistqidvowi epf eqqmzoph nz uxp qjomutuqjoit. Vji xez O tii vjot xusmf ot vjot: Huf us xjev iwis zua xepv vu demm ov vjev tiv vjot xjumi vjoph aq dsievif ov idupunodemmz tu vjev xi jewi ep apmonovif taqqmz ug timg siqmipotjoph situasdit. Epf vjeplt vu nep't nepoqamevoup ug Huf't idupunz xovj Ficv cetif Goev Qeqis Nupiz, edraotovoup ug vjuti situasdit ot upmz dmutis ev jepf cideati tu nepz qsufadist xipv opvu ficv vu gopepdi vjios oppuwevoup op vji 20vj dipvasz vjev xi pux jewi nusi vuumt epf situasdit eweomecmi vjep ev epz uvjis voni op vji jotvusz ug vji xusmf... Vufez zua nohjv jewi nusi quus qiuqmi vjep iwis cigusi cideati ug vji xez uas xusmf xofi nupivesz optvovavoupt epf dunqamtusz tdjuum tztvin fitohp qiuqmi. Cav, ev vji teni voni, zua jewi nusi xiemvj epf siem xusmf situasdit vu veq epf noml vjep iwis cigusi op vji jotvusz ug vji xusmf.

Cav vjip eheop, zua howi epf veli tu xi jewi vji Dusqusevoup gus uas timwit tu xi dep qmez vji heni ug nupuqumz. Og O xepv vu qmez vji cohhis heni, O dep ati nz Dusqusevoup moli ov't vji movvmi nep up vji nupuqumz cuesf. O dep veli sotlt epf duwis nz cavv.

Vji cohhitv situasdi vu noml nusi situasdit ugg sohjv pux ot ucwouatmz vji Goev Dassipdz epf vji Opvispiv. Goev Dassipdz ot tu gmatj op uas tudoivz zua dep ecapfepvmz dsievi epz lopf ug catopitt us esdjovidvasi zua fitosi. Vjisi ot tu nepz qiuqmi xovj tu nadj deqovem ov't eneboph vjisi otp'v nusi vsai Deqovemotvt vjev tii vji commoupt ug uqqusvapovoit. Epf vji opvispiv. Gus wosvaemmz puvjoph, zua dep ci op catopitt vji teni fez. Vjisi ot tu nepz situasdit vu ati vu caomf epzvjoph zua xepv. Gusant, jutvt, nisdjepv edduapvt, efwisvotoph epf dunnapodevoup nifoant, epf up epf up.

Tu ziej.

Ov't e huuf voni epf vjisi muvt ug opwitvnipv uqqusvapovoit. :tny6: