Phil Town
8 statements across 1 episodes · 2 bullish · 3 bearish · 2 people on the record · first statement Feb 16, 2017 by Nathan Latka · said 9 times in 2 episodes since 2017 · across every show →
On the record as a speaker too: Phil Town's record, appearances and statements → this page counts the times other people say the name.
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brought up most by Nathan Latka (9)
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Everything said about Phil Town, oldest first
Feb 16, 2017 positive
Feb 16, 2017 negative
Town: Greedy public company management teams are value investing's biggest risk
“Where we usually end up with trouble is that the management team, whoever's running it turned out to be a bunch of greedy bastards. And then you can get in trouble because they can do things that you don't, they shouldn't do. And they do it for their own benef…”
Feb 16, 2017 positive
Feb 16, 2017
Feb 16, 2017 bearish
Feb 16, 2017
Phil Town: Investing Is Buying Something You Understand for Below Value
“There's no difference between investing in a franchise, starting your own company, buying public stocks, buying private companies. There's no difference whatsoever. Investing is simply buying something that you understand for less than it's worth.”
Feb 16, 2017
Phil Town: 45-Year-Olds Need $2.5M to Retire on $50K Annually
“For example, somebody who's 45 years old right now, who wants to retire in 20 years, is going to need about two and a half million dollars in in retirement capital to make it to 90 years old, spending In today's capital, in today's dollars, about 50,000 a year…”