Rule # 1 Investing - Phil Town

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  • blindsquirrel
    Senior Member
    • Sep 2014
    • 286

    Rule # 1 Investing - Phil Town

    A friend recently recommended Phil Town's "Payback Time" and "Rule #1 Investing" books (links below). Essentially it outlines a method for finding value based investment opportunities. I've read the books and enjoyed reading about specific metrics to look for that indicate a stock is under priced. It is definitely not MM's method, but now that I'm digging into it I'm wondering if; any of you guys have read the books, any of you guys use the strategy to select investments, and what do you think about it?

    https://www.amazon.com/gp/product/0307336840/ Rule #1 (his first book)

    https://www.amazon.com/gp/product/1847940641 Payback Time (his second book)
    Math doesn't lie, but people do.
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