Episode 4 In “The Moat’s the Thing. Or At Least One of Them.", listeners are given a crash course in the basics of identifying and verifying a moat—a sort of protection by which a business automatically wards off competitors.

Phil Town's Rule #1 Podcast

The Moat's the Thing. Or at Least One of Them

In this series of podcasts Phil Town, author of the book and audiobook entitled RULE #1, introduces listeners the first rule of investing, one that was pioneered by Columbia University's Benjamin Graham and strictly followed by famed investor Warren Buffett - Don't Lose Money. Listeners will quickly learn that not losing money is more revolutionary and less obvious than it sounds--and it can result in making more money than you ever imagined.

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Phil Town's Rule #1 Podcast