Philip Bradley Town is an American investor, motivational speaker, and author of two books on financial investment that were New York Times best-sellers. He is also a co-founder and co-host of Invested: The Rule #1 Investing Podcast.
For show notes and more information, visit www.investedpodcast.com. This week Phil and Danielle finish up the final episode of a four-part series on buybacks. A significant question that arises during their conversation is whether or not buybacks are driven by a lack of integrity with management. The resulting answer is, unfortunately, more often than not.Learn more about your ad choices. Visit megaphone.fm/adchoices
For show notes and more information, visit investedpodcast.com. Phil and Danielle continue their four-part series on buybacks in this episode of InvestED. They use common situations to illustrate exactly what a buyback is and what occurs when a company buys back its shares of stock. Companies distribute shares such as a pizzeria selling pieces of a pie, issuing slices of its ownership when it becomes public. When a company retires two pieces of its pizza pie by buying them back, what then happens to the remaining slices? The discussion proceeds as Phil and Danielle explain why companies decide to buy back shares with their extra money. They explain why companies bother with buying back their shares, and additionally cover the 4 basics of what a company can do with its extra money.Learn more about your ad choices. Visit megaphone.fm/adchoices
This week Phil and Danielle continue their conversation by talking about companies using their extra money to buy back their own stock. The conversation shifts when they discuss varying choices that companies make when board members want to retain or increase their control.Learn more about your ad choices. Visit megaphone.fm/adchoices
For show notes and more info visit www.investedpodcast.comThis week, Phil and Danielle talk about companies using their extra money to buyback their own stock.Phil also talks about what a company being “too hard” means. A company is too hard when you can’t understand it, you can’t predict where they’re going to be in 10 years, or even companies you can’t figure out what they’re worth. Keep it simple. If there’s something about a company that you can’t understand, it’s simply, too hard.Here are a few options that companies have to do with their extra cash. They can issue dividends, which many companies do. They can buy back their own stock and they can just keep it and you use it for acquiring other companies or putting extra money into growing the company.Learn more about your ad choices. Visit megaphone.fm/adchoices
For show notes and more information visit www.investedpodcast.com.This week Phil and Danielle continue their From the Vault series and reintroduce Justin’s Nut Butter. In this episode, they go through a brief history of Justin’s Nut Butter, discuss how to evaluate a company for investing, and explain how to “dig your canyon.”Learn more about your ad choices. Visit megaphone.fm/adchoices