How Stocks Relate to Baseball | Phil Town

Thanks for watching today folks! What do you think, do you have the patience to wait for the right companies that you only truly understand? Use my quick start guide and get on track for a home run >> http://bit.ly/rule1baseball

This is great there is so much you can learn from baseball that you can apply in daily life! I always wanted to be a MLB player , couldn’t make it but I still have the same mentality to reach the big leagues but now in a different sport… (Investments). Once I was struggling with my batting average and my older brother showed me that video that of Ted Williams that explain this method and then I started to have so much better results! Since I’m just starting to learn about stocks this analogy was so easy to understand is very good

Your the the best phil. Hands down!!!!#

I hope so! Thanks so much for the info!!

but how deep understanding should i have in order to invest in a company? for example I do understand how telecom companies work in general but I am not that aware of technologies or utilities they are using.

is there any brokers you guys recommend?

Always harder to do than to say. Watching companies become irrational is my favorite past time while sitting on the sidelines.

I loved this video! I'm a big sports fan, and this analogy made a lot of sense!!

Phil, I agree, but I want to ask you about you and your daughters new book. I read Rule #1 and it was very helpful on where to go to find the info you need to evaluate companies. That information is now dated because of the amount of time that has gone by. Does this new book update the Rule #1 info? Thanks! Robert.

Thank you

I just love how you teach Phil. You make it so understandable and easy.  I can't wait until March when I get to take you live event!

I love this one! I use this one on a daily basis to help people understand their chances in the stock market.

Charlie Munger quote, the hardest thing in investing, is to do nothing….

well sounds like the same marshmallow experiment for school children, delayed gratification >>>> instant gratification

Love the analogy and makes complete sense

How do you tell if a stock on sale like if its is $45 for expamle

Great video Phil, discipline and patience are fundamental to investing successfully.

Amazing analogy. I totally get the idea of waiting for the right moment. I would like to ask if you can give me advise, or maybe make a video later on, on how to get more feel a "fat pitch" is coming your way. Thanks Phil.

Is patience is the cost, then definately!

No. I think it would take a lot of success small hits before trying for a big hit.

patience Is hard, former I was 100% in Stocks, now I know it is better to hold cash for opportunities

Great advice! Patience is key. And smash it like a beast when there is a "big hit". ?

I am waiting (not so patiently), but it still feels difficult to know that a stock is going to go up even if it is undervalued and managed very well. What do you do with companies in that category that are also in the midst of a potentially long sales slump like AOBC or RGR? Or with companies that have a long history of strong growth of all the Rule 1 numbers, but haven't shown large share price increase over any of that last 10 years?

I'm half in cash, half in a short ETF on the CAC40 (French index). Let's see how it goes ! Time to go play 🙂

NOOOO, I just started learning bout the stock market. invested 1075$ in GE down almost 25%…but I have learned…

Yes, Sir.

How do you find the intrinsic value of a stock?