Phil town is an investment advisor, hedge fund manager, 3x ny. Finally, an investment book thats easy to understand and actually works in the real world. Discount prices on books by phil town, including titles like invested. These mutual funds are happy to get a few percent above the markets return. Phil town wants us to vote with our money for the kind of world we want in the future. Phil towns investing strategy takes only 15 minutes per week. On the invested podcast, phil and his daughter danielle shine a light on the successful investing strategies that gurus like. Town opens the book by explaining the basic strategy payback time is. But because many people arent ready to go from mutual funds directly into trading without understanding investing for the long term he created payback time. He is the absolute best person out there for the small investor. Private equity allstar game for the last two years, but come tuesday night, it was payback time.
Warren buffet was right all along, and phil town shares why. Ive had huge success following his investing strategy. As phil town illustrate in payback time, even if your employer matches your contributions, the tax effect essentially nullifies any benefit of the 401k. Does anyone really still believe that methods such as buy and hold investing will protect them from risk. He went from being a nearpenniless river rafting guide to multimillionaire hedge fund manager in 5 years. But because many people arent ready to go from mutual funds directly into trading without understanding investingfor the long term he created payback time. On the invested podcast, phil and his daughter danielle shine a light on the successful investing strategies that gurus like warren buffett have used for 80 years. Join our free webinar with investor and author phil town. Philip bradley town born 21 september 1948 is an american investor, hedgefund manager, motivational speaker, and author of two books on financial investment that were new york times bestsellers. Although as a hedge fund he might have gotten away with it for a while.
In fun, easytounderstand words, phil town tells you how to buy quality stocks at a discount. After four attempts at college, he earned a bachelor of arts degree in philosophy from. Philip bradley town born 21 september 1948 is an american investor, motivational speaker, and author of two books on financial investment that were new york times bestsellers. This is almost exactly what bernie madoff claimed to be delivering to his clients. Boston marketwatch learn how the mutual fund industry is ripping you off. Town uses a variety of factors to identify a moat, such as 10%plus growth rates for 10 years in return on investment capital, sales growth rate, earnings per share, book value, and free cash flow. Today town is worth many multiples of that and appears regularly on the same dais as people like rudy giuliani, tommy franks and colin powell, instructing up to 30,000 people at a time in the art of successful investing. Welcome to the official facebook page of phil town, author of the ny times bestselling book, rule 1 investing and payback time, hedge fund manager, and investment advisor. His methodology allows small investors to know what they are doing. Too often, people see longterm investing as mutual fund contributing. Towns origin story is that casting about after serving in vietnam as part of the green berets, he worked as a river guide in the grand canyon, where an older investor he met offered to teach him the ways of the stock market. Reviewing phil towns book, payback time seeking alpha. Millions of people have done everything recommended by professional financial advisors only to see their retirement funds dwindle or even disappear entirely in the global financial crisis. Phil town is the hedgefund manager behind the rule one method.
The private equity side has dominated the hedge fund vs. Phil town doesnt think traditional 401k plans are the way to go because most give you very few investing options. This complete summary of the ideas from phil towns book payback time shows that, all too often, people put their longterm investment capital into mutual funds and then sit back and hope someone else will make them the millions they need to fund their retirement. Which means in ten years your yield or return on investment from earnings will. Phil town explains payback time and stockpiling rule 1 investing. Capitalistpig hedge fund, and regular contributor to fox news channel.
Phil is suggesting that an individual with little investment. Make millions with value investing with phil town get. Even if we go as low as a 9% annual growth rate, we get an outstanding 5 year payback time. In terms of payback time valuation, the situation here is really great. Payback time explains the concept of stockpiling stocks for long term high returns with low risk. He is a hedge fund manager and licensed financial advisor, and hes saying, quit listening to wall street and take control of your money now before its too late. Forbes i have authored 2 new york times bestsellers.
In payback time, successful investor phil town author of new york times bestseller. While phil town lays out this book in a really easy to read and digest manner, utilizing his method to invest in stocks can be difficult for these reasons. Payback times riskfree approach is called stockpiling and its how billionaires get rich in bad markets. But because many people arent ready to go from mutual funds directly into trading without understanding investing for the long term, he created payback time. Its offers a set of rules for investing not trading but investing.
But because many people arent ready to go from mutual funds directly into trading. On the other hand, if phil town had started a mutual fund and put this paragraph at the start of his sales brochure, government regulators would have shut him down right away. Payback time ebook by phil town 9780307461889 rakuten kobo. Phil town is a hedge fund manager and value investment banker that has devoted his life to teaching others how to make amazing money on the stock market. Payback time by phil town free pdf ebooks downloads. Its a set of rules for investing not trading but investing in the right businesses at the right time. Phil town has already made millions on investing his. But because many people arent ready to go from mutual funds directly into trading without understanding investing for the long term, he created payback time too often, people see longterm investing as mutualfund.