Why Rule #1 Investors Don't Invest In IPOs

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"Our investing style is laziness, bordering on sloth." - Warren Buffett

IPOs are often painted to retail investors as amazing opportunities, but Rulers know not to act so fast. Value investors want a company with at least 7 years of financial data on the public market, to ensure our investment is a good one.

Listen in to hear from Austin on how a Ruler should approach new public companies.
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Phil, you and your team are so unique in this scam market world. Your honesty and integrity are so refreshing. Your advice is sound and logical. You are my hero's!

Jo-AnnMicciulla
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You forgot the buzzword, IPOs do not possess a moat and competitive advantage but Rule 1 is right; patience is key! 🤜🚨

poultonreal
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