{"id":30174,"date":"2024-01-04T00:05:00","date_gmt":"2024-01-04T05:05:00","guid":{"rendered":"https:\/\/einvestingforbeginners.com\/?p=30174"},"modified":"2024-01-04T09:33:03","modified_gmt":"2024-01-04T14:33:03","slug":"wisdom-from-buffett-and-munger-brian-feroldi-talks-quality-investing","status":"publish","type":"post","link":"https:\/\/einvestingforbeginners.com\/wisdom-from-buffett-and-munger-brian-feroldi-talks-quality-investing\/","title":{"rendered":"Wisdom from Buffett and Munger: Brian Feroldi Talks Quality Investing"},"content":{"rendered":"\n<p><iframe src=\"https:\/\/playlist.megaphone.fm\/?e=GLSS4027573162\" width=\"100%\" height=\"200\" frameborder=\"0\" scrolling=\"no\"><\/iframe><\/p>\n\n\n\n<p>Welcome to The Investing For Beginners Podcast. I&#8217;m Dave, and with me is Andrew. Today&#8217;s episode, features special guest Brian Feroldi, who joins us to explore the wisdom of capital efficiency through the lens of storied investments like See&#8217;s Candy. We pay tribute to investing legend Charlie Munger and discuss how his teachings have influenced the most successful investors.<\/p>\n\n\n\n<p><br>Diving into the strategies of investing, Brian gives us his take on the risks and considerations of averaging down in the stock market. We look at cases like Uber&#8217;s financials versus its stock price as we untangle the complex relationship between a company&#8217;s story and market perception.<\/p>\n\n\n\n<p><br>Brian also shares his educational endeavors and disciplined investing approach, emphasizing the significance of business fundamentals over market noise. Expect a wealth of knowledge and actionable insights for your investment journey. Let&#8217;s jump right in!<\/p>\n\n\n\n<p>00:00 Buffett led me to Munger; invaluable financial wisdom.<br>04:23 Munger influenced Buffett&#8217;s value investing strategy.<br>07:56 Buffett emphasizes importance of capital light businesses.<br>12:05 Investing in index funds is safer than stocks.<br>16:14 Uber stock improving despite past profitability concerns.<br>17:24 Stock&#8217;s value = today&#8217;s numbers x future story.<br>20:37 Focus on financial fundamentals and business stability.<br>25:58 Limit capital allocation to 3% portfolio.<br>28:22 Tech stocks driving market, reminiscent of dotcom boom.<br>31:07 Free 5-day stock investing school course offered.<\/p>\n\n\n\n<p>More from Brian:<\/p>\n\n\n\n<p>Twitter (X): <a href=\"https:\/\/twitter.com\/BrianFeroldi\">@BrianFeroldi<\/a><\/p>\n\n\n\n<p>LinkedIn: <a href=\"https:\/\/www.linkedin.com\/in\/brianferoldi\/\">Brian Feroldi<\/a><\/p>\n\n\n\n<p>For more insight like this into investing and stock selection for beginners, visit&nbsp;<a href=\"https:\/\/get.einvestingforbeginners.com\/podcast-pdf\/\"><u>stockmarketpdf.com<\/u><\/a>&nbsp;<\/p>\n\n\n\n<p>Find great investments at <a href=\"https:\/\/valuespotlight.com\/\">Value Spotlight<\/a><\/p>\n\n\n\n<p>Have questions? Send them to <a href=\"mailto:newsletter@einvestingforbeginners.com\">newsletter@einvestingforbeginners.com<\/a><\/p>\n\n\n\n<p>Today&#8217;s show is sponsored by:<\/p>\n\n\n\n<p>Get a 30-day free trial at <a href=\"https:\/\/shipstation.com\/investing\">www.shipstation.com\/investing<\/a>. Thanks to ShipStation for sponsoring the show! <\/p>\n\n\n\n<p><strong>Get 55% off at&nbsp;<\/strong><a href=\"https:\/\/babbel.com\/BEGINNERS\"><strong>Babbel.com<\/strong>\/<strong>BEGINNERS.<\/strong><\/a><\/p>\n\n\n\n<p><strong>SUBSCRIBE TO THE SHOW<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/investing-for-beginners-podcast-your-path-to-financial\/id1210741497\"><u>Apple<\/u><\/a>&nbsp;|&nbsp;<a href=\"https:\/\/open.spotify.com\/show\/3sIN6k0aT6cCWP2AJRvHEK\"><u>Spotify<\/u><\/a>&nbsp;|&nbsp;<a href=\"https:\/\/podcasts.google.com\/feed\/aHR0cHM6Ly9laW52ZXN0aW5nZm9yYmVnaW5uZXJzLmNvbS9mZWVkL3BvZGNhc3Qv\"><u>Google<\/u><\/a>&nbsp;| <a href=\"https:\/\/music.amazon.com\/podcasts\/a4ecc225-5edf-428b-8a3c-feaea869f867\/the-investing-for-beginners-podcast---your-path-to-financial-freedom?ref_=dmm_acq_mrn_d_ds_rh_z_-c_c_632479632893_t_dsa-839323335513\">Amazon<\/a>&nbsp;|&nbsp;<a href=\"https:\/\/tunein.com\/podcasts\/Podcasts\/The-Investing-for-Beginners-Podcast---Your-Path-to-p965246\/\"><u>Tunein<\/u><\/a><\/p>\n\n\n\n<p>You can find the transcript of today&#8217;s show below:<\/p>\n\n\n\n<div data-wp-interactive=\"core\/file\" class=\"wp-block-file\"><object data-wp-bind--hidden=\"!state.hasPdfPreview\"  class=\"wp-block-file__embed\" data=\"https:\/\/einvestingforbeginners.com\/wp-content\/uploads\/2023\/12\/Wisdom-from-Buffett-and-Munger-Brian-Feroldi-Talks-Quality-Investing.pdf\" type=\"application\/pdf\" style=\"width:100%;height:600px\" aria-label=\"Embed of Wisdom-from-Buffett-and-Munger-Brian-Feroldi-Talks-Quality-Investing.\"><\/object><a id=\"wp-block-file--media-350b56f3-4560-4355-8fad-2656d199e394\" href=\"https:\/\/einvestingforbeginners.com\/wp-content\/uploads\/2023\/12\/Wisdom-from-Buffett-and-Munger-Brian-Feroldi-Talks-Quality-Investing.pdf\">Wisdom-from-Buffett-and-Munger-Brian-Feroldi-Talks-Quality-Investing<\/a><a href=\"https:\/\/einvestingforbeginners.com\/wp-content\/uploads\/2023\/12\/Wisdom-from-Buffett-and-Munger-Brian-Feroldi-Talks-Quality-Investing.pdf\" class=\"wp-block-file__button wp-element-button\" download aria-describedby=\"wp-block-file--media-350b56f3-4560-4355-8fad-2656d199e394\">Download<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Welcome to The Investing For Beginners Podcast. I&#8217;m Dave, and with me is Andrew. Today&#8217;s episode, features special guest Brian Feroldi, who joins us to explore the wisdom of capital efficiency through the lens of storied investments like See&#8217;s Candy. We pay tribute to investing legend Charlie Munger and discuss how his teachings have influenced [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[5972,1178],"tags":[],"yst_prominent_words":[],"_links":{"self":[{"href":"https:\/\/einvestingforbeginners.com\/wp-json\/wp\/v2\/posts\/30174"}],"collection":[{"href":"https:\/\/einvestingforbeginners.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/einvestingforbeginners.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/einvestingforbeginners.com\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/einvestingforbeginners.com\/wp-json\/wp\/v2\/comments?post=30174"}],"version-history":[{"count":3,"href":"https:\/\/einvestingforbeginners.com\/wp-json\/wp\/v2\/posts\/30174\/revisions"}],"predecessor-version":[{"id":30183,"href":"https:\/\/einvestingforbeginners.com\/wp-json\/wp\/v2\/posts\/30174\/revisions\/30183"}],"wp:attachment":[{"href":"https:\/\/einvestingforbeginners.com\/wp-json\/wp\/v2\/media?parent=30174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/einvestingforbeginners.com\/wp-json\/wp\/v2\/categories?post=30174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/einvestingforbeginners.com\/wp-json\/wp\/v2\/tags?post=30174"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/einvestingforbeginners.com\/wp-json\/wp\/v2\/yst_prominent_words?post=30174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}