• Leanne Fretz

Rule #1 Transformational Investing Workshop: A Review📏

Updated: Oct 20, 2019

Last weekend I attended my third Rule #1 Transformational Investing Workshop in gorgeous San Diego, California. Every month, this workshop is hosted by hedge fund manager, New York Times Best Selling Author and motivational speaker, Phil Town and his family of instructors (“Rulers”) with the goal of evangelizing investing literacy.

Tl;dr I STAN this workshop fam. I first discovered Rule #1 last year when I was looking to step up my investing game, and stepped it up I did. Tbh I’m always skeptical of “investing workshops” - they conjure up images of day trading tutorials that promise a “get rich quick” heaping pile of BS. Like, how are they going to scam me out of my money this time? But this workshop is not that at all; it’s truly what it says it is: transformational. And the best part? It’s FREE.

This workshop is transformational because it provides more than some glib, basic investing advice; rather, it disseminates sacred, financial gospel. I know, sounds dramatic af, but by the end of the weekend, attendees are armed with Warren Buffett-esque tricks of the trade that have allowed many investors, who, let’s be honest were previously just average Joe’s, to consistently beat the market.

I will not speak to the specifics of what is preached during the workshop, that is for you to attend and find out for yourself, but I can tell you that this workshop has changed the course of my life.

Rule #1 Transformational Workshop is more than just an educational workshop, it’s a path to financial enlightenment.

Spirituality is a distinctive feature of the workshop - and not in the Christian, praise Jesus kind of spiritual. It’s the kind of spiritual energy that arises from a focused, eager, hungry room of people - some of whom are on their last legs, desperate to change their lives. Phil Town is a gorgeous, captivating man, spewing wisdom (or Phil-osophy, if you will) as the audience hangs on every word. He has his army of coaches and instructors speak to his power and how their own lives have transcended since experiencing his teachings. They’re all but his disciples (I swear this shit’s cult-like), and even as an extreme skeptic, I am drinking this Kool-Aid.

The workshop allows its attendees to visualize a life of financial freedom (and for me personally, luxury - see you next year, yacht week) and lays out a crystallized path to this freedom and to financial enlightenment. “It’s not easy, but it’s simple.”

The workshop is chalk-full of detailed, hardcore investing information of which is largely proprietary. Because of this, I can’t go into the details of what is taught, but I implore everyone to attend for the chance to change their own lives.

Here are some key Phil-osophies I took away from the workshop:

“Think about walking through an open door: be brave and walk through it, sometimes, that’s all you need.”

Simply showing up is SO critical to attaining any sort of success in life. You never know who you’ll meet, what connection you could make, or even what one piece of information you could obtain that’d positively affect your life or set yourself on a different course. A LOT of people don’t choose to show up in the first place because it’s inconvenient, scary, vulnerability-inducing, expensive, risky, etc. Phil attributes much of his success to being in the right place at the right time because he was brave enough to walk through the door. Booking the plane ticket to attend this workshop is a great way to start showing up.

“A goal is an intention. The road to Hell is paved with good intentions. Good goals can be worse than no goals. A promise is what gets you there - it can’t be in the form of a goal.”

The workshop concludes with all of us making a promise to ourselves to commit to our financial futures. The attendees receive a small card stating “I (insert name) promise myself to…” with signature and date lines. We take a moment to write down our promises. These are not goals, goals can be broken or not achieved - these are commitments. The “burn the ships” type of commitments. These are tokens to look at everyday when sitting down to practice investing the way we're taught at the workshop. Whether it’s “I’ll be debt free one year from now,” or “I will turn $1,000 into 1 million dollars 5 years from now,” we know that we have to do whatever it takes to get us there because we’ve promised ourselves to do so.

There are three stages of being a researcher:

1. People are going to tell you that you’re going to fail

2. You’re going to be minorly successful and people will say it’s trivial

3. You’re going to be incredibly successful and people are going to tell you that they knew you’d be successful all along.

Phil tells of his time working with Dr. Jonas Salk, the doctor who discovered and developed the polio vaccines (aka big fucking deal). He summarizes what Dr. Salk told him were the three stages of being a researcher. Phil explains how those three stages can be applied to any path to which you’ve committed yourself. Investing is a great example. Now that we’re in the thick of practicing our investing strategies, we have to be aware of how other people are going to react. It’s easy to take it personally and get riled up (re: all the mansplainers coming at me in my DMs 🤦‍♀️), but it’s important to keep the faith in the process and ourselves.

Dharma: the eternal and inherent nature of reality, regarded in Hinduism as a cosmic law underlying right behavior and social order.

Phil also speaks to his interpretation of Dharma. He explains how life ebbs and flows and how we should listen to when it’s signaling us to change course. For Phil, for his daughter, Danielle, and for me, investing came into our lives when we hit mad struggle. I found Rule #1 when I was coming off the most suffering in my life I had ever endured (more on this in a future post). Fortunately, I was able to listen to what “God,” the “Universe,” “Surrounding Energy” - or whatever you want to call it was telling me and open myself up to a big positive change. I trusted myself to embrace this new way of living life.

Practice gratitude

Finally, Phil talks about a principle he learned from his friend, Wahei Takeda (aka the Warren Buffett of Japan). The principle is called Maro, or being thankful. Before he died in 2016, Takeda practiced being thankful 1,000 times a day. Phil talks about how regularly practicing gratitude has brought much of his success and he challenges us to do the same, working our way up to find 1000 things to be grateful for a day. I’ve started a morning gratitude journal, writing down 10 things, and it’s vastly changed the way I start out the day. Imagine if I were to think of 990 more...

Watch Phil speak about Takeda and Maro in his video, “How to be Thankful in Life & Investing.”

I am thankful for my Skinny Bitch Pizza order,


Start your investing journey today and learn all about Rule #1 style of investing in Phil Town’s book, Rule #1: The Simple Strategy for Successful Investing in Only 15 Minutes a Week!

#stocks #stockmarket #retireearly #mindset #investing #growwealth #FIRE #financialindependence #Blog #finance #financialfitness #financialfreedom

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