Author Background:
Danielle Town is a New York Times bestselling author and corporate attorney who was afraid of stock markets until she realized she had been abdicating the power of her money and could create impactful generational wealth with an investing practice. She now invests and writes her newsletter, The Invested Practice, from Zurich, Switzerland. She wrote her book, Invested, with her investor father, Phil Town, with whom she also banters about value investing and life on their podcast, InvestED.
Danielle’s Book Recommendation:
Audio Podcast:
Other ways to listen:
* On iTunes
* Right Click + Save As to download as an MP3
* Stream here directly
Five Good Questions:
- What kept you from learning about investing until you were in your mid-30s, despite having a dad who is a value investor? How did “voting with your money” draw you into learning about investing and help you overcome your fears?
- I’ve long been fascinated by the “intangibles” of the investment process, like time management, mental and physical preparation, and environmental design. How did you curate your investment environment for success?
- As a corporate attorney, you got a firsthand view of the asymmetry of information between what gets reported and what’s really happening in the messy world of business. How do you reconcile that in your analysis of a public company where that same asymmetry may exist?
- Charlie Munger recently said, “If you have trouble finding good investments, join the club… my advice to the seeker of high compound interest is to reduce your expectations. Things are likely to be tough for a while.” My impression was that your dad might have piqued your interest in investing by showing you the magic of compounding returns. Do you think the returns of the last 20-30 years be available to us over the next 20-30 years?
- How has your background in meditation helped you in investing?
With gratitude,
