Investing Students Win Big at Phil Town's Rule #1 Workshop
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Atlanta, GA (PRWEB) October 07, 2016
A 2015 survey conducted by Bankrate revealed that more than one in five Americans do not invest in stocks because they "do not know enough about the market". Phil Town, Founder of Rule One Investing and New York Times Best-Selling Author of "Rule #1" and "Payback Time," has made it his mission to educate others so they feel confident enough to invest on their own through his "Transformational Investing Workshop" held in Atlanta, GA.
At the workshop held in September, attendees learned about the myths that most often lead to investing mistakes, how to take ownership of their investment decisions, and how to properly evaluate a company to determine if it's a good addition to their portfolio. After learning these fundamentals, attendees then spend the day evaluating a company of their choice and conducting a presentation on why their chosen company has the qualities that investors like Warren Buffett define as a "wonderful company".
Sherri Gough (shown 2nd from the left) took home the big prize of $1000 for her analysis of Gentherm. According to Town, "Sherri won because her analysis was thorough and showed that not only is the stock currently on sale from a Margin of Safety and PBT standpoint, but there are also plenty of signs that their stock will soon be on the rise again."
Second place was awarded to Rich Smith (shown left) for his analysis of Cal-Maine, while Manisha DeCarlo (shown second from the right) and Kessia Williams (shown right) tied for 3rd place with their analysis of Samuel Adams and Priceline, respectively.
The analysis is based on a number of factors including the company's management, historical data, current market price, and more.
"This contest allows them to see that they are capable of fully understanding a company and making a wise investment decision, all they need to do is look at the right criteria," Town said. "It's a real confidence booster and sets them up for success so they don't have to have to rely on a fund manager to dictate their financial future for them."
Town, who began investing with just $1000 (not coincidentally the same amount he awards the 1st place contest winner), started investing soon after leaving his job as a Grand Canyon river guide in the early 1980s and is now a recognized Hedge Fund Manager. "If I can do it with just $1000, then so can everyone else."
To register for an upcoming Transformational Investing Workshop, visit http://www.ruleoneinvesting.com/transformational-investing-live.
About Rule One Investing
Rule One Investing seeks to educate people interested in financial success, on a value-based investing approach that instills the confidence they need to take control of their own wealth. There is no assurance, however, that you will be a profitable investor based upon what you learn from Rule One Investing", Inc. All trading and investment activity subjects you to the risk of loss, including losses greater than your original investment. For more information, visit http://www.ruleoneinvesting.com.
Read the full story at http://www.prweb.com/releases/2016/10/prweb13747517.htm
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