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5:03 pm
October 21, 2009


Shonen

New York

Member

posts 15

4

I share the same sentiments. Just substitute engineering above to accounting (specifically taxation). I've had thoughts about possibly going back to school or switching careers. As many of Buffett's shareholder letters have summed up, it's always best to work in something you love. The fact that I don't have a passion in my current field makes me approach it, like, well, a job. My feeling is that I can always use accounting as a fall back. However, it does seem that once you're labelled an accountant, it's difficult to changed that perception. The kicker to me is that I always viewed finance and accounting as working hand in hand, one doesn't really operate without the other.

I do enjoy investing, specifically value investing since it resonates with me quite well. For now, I invest on a personal level as well. I appreciate what you've done with your website and feel like it's been very useful/helpful. To your credit, there are successful practitioners that make terrible teachers. I think you'd do a fine job as both. Laughing

1:17 am
October 21, 2009


Jae Jun

Admin

posts 1453

3

Hi jmoy911,

Although I've studied and practiced engineering, it's not something I want to pursue further. Sure it's stable and there are plenty of jobs for me but I don't have a passion for it as much as investing or even my own business.

If somebody offers me a job at a value investing firm, I wouldn't mind a career change but I wouldn't want to start my own fund. There are some personal and family implications involved in that and I've never felt very comfortable accepting peoples money for me to invest in.

I just enjoy helping or teaching others make money themselves. I like to think of myself more of an educator rather than practitioner. After all, those who can't do, teach. Wink

What about yourself? What field are you in right now? and how much investing do you want to be involved in?

5:46 pm
October 20, 2009


Shonen

New York

Member

posts 15

2

Hey Jae,

I noticed that your background is in the engineering field. Do you plan on pursuing something in the field of value investing career wise or will you keep investing on a personal/hobby level? If not, what's stopping you? I'm always interested in hearing peoples backgrounds/inputs on the subject.

Thanks,

Jason

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