IFB104: Intrinsic Value Warren Buffett Style
Announcer: 00:00 You’re
tuned in to the Investing for Beginners podcasts. Finally, step by step premium
investment guidance for beginners led by Andrew Sather and Dave Ahern. To
decode industry jargon, silence crippling confusion and help you overcome
emotions by looking at the numbers, your path to financial freedom starts now.
Dave: 00:36 All
right folks, we’ll welcome Investing for Beginners podcast, this is episode 104
tonight, Andrew and I are going to talk about in terms of Warren buffet style.
So I recently wrote a post, I had this idea and I ran it by Andrew to see what
his thoughts were. So I kind of, and he liked it. So I kind of flushed it out
and posted a blog post on his website. It’ll probably be up sometime next week
and Andrew and I thought we could talk a little bit about it and I could kind
of go through my idea and my thesis and then Andrew can try to pick it apart.
Ala Charlie Munger style.
Andrew: 01:08 So,
um, can I say, yeah, of course. I just want to, um, I’m excited for this. First
off, um, be, I think it’s very important that we talk about this and we haven’t
really, I don’t think we’ve really talked about DCF at all. So I’m excited for
this and I guess, see, I’m going to interrupt you at times just because I think
we need to think about the beginners who don’t know some of these terms at you
and I are so familiar with. Right. So if you don’t mind, I’m uh, I’m going to
interrupt you here and there to hopefully give context and help people
understand better because I think if there could be a podcast episode that like
makes DCF easy. I know for me, I try to learn DCF many times and vitality’s
book, um, we had the telly on several episodes ago, his book, something about
it just made it so simple that it all made sense to me. So maybe this episode
can be that way for some other people. Plus it’s just a fascinating idea on
topic. So I’m just really, really excited. Thanks. Yeah, I agree with you. Yes,
of course. You can interrupt me at any time. Uh, and it is, you know, it is
something that can be very daunting and hopefully I can shed a little light on
kind of how this works and, and make it a little bit easier for everybody.