This is the first episode in a series of podcasts where Phil Town, author of the book and audiobook 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.

In “Two Guys Meet the 4 M’s”, listeners learn more about the 4 M’s – Meaning, Moat, Management and Margin of Safety – while examining real examples from visitors to Phil Town’s blog.

In “Those Yummmmy 4 M’s”, listeners receive a refresher on the 4 M’s – Meaning, Moat, Margin of safety, and Management – which were presented in the 2nd podcast of the series. This podcast also delves deeper into one of the 4 M’s – Meaning.

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.

In “Margin of Safety,” listeners learn more about this key concept and are introduced to the beginning steps necessary to determine sticker price, including the “Rule of 72.”

In “Bet on the Jockey”, Phil Town explores what it means to be a CEO and the various types of CEOs that exist—what works and doesn’t work as a business leader.

Valuing Whole Foods.

Walking through a decision on buying Google using the Rule #1 principles.

Click on the Subscribe link to the right to get the Rule #1 podcast on iTunes. Click on the "Play" buttons below to listen to the episodes here on the site.