407- FROM THE VAULT: Speculating vs. Investing

Published: Feb. 21, 2023, 2:07 p.m.

Before buying a company, Rule #1 Investors do a ton of research to ensure the company they are buying meets Charlie Munger\u2019s 4 key principles: meaning, moat, management, and margin of safety.\nFrom blue chip companies to venture capital, the options are limitless in terms of what modern investors can do with their money. In this week\u2019s episode, we discuss the difference between investing and speculating, and why the term \u201crisky investing\u201d is an oxymoron.\nLearn what to watch out for when trying avoid overly risky investments with your own copy of the Must Have Investing Checklist: https://bit.ly/3YRI90n\nTopics discussed:\nCharlie Munger's 4 Principles\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices