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Old School Value: The past, present, and future.


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Along with the site design, I updated many of the pages and one of them was the about me page. After four years, it needed an update to better reflect what the site stands to achieve.

So let’s take a short break from the regular investment posts and read about the past, present and future of old school value.

Short Background

My dad started “investing” when I was in school but has since turned to day trading in order to pick up daily profits. A profit each day was not guaranteed but I clearly remember the range of emotions he displayed when making and losing money.

Like many people, he acted on stock tips from friends, bought into story stocks and hoped for the lotto stocks.

A lot of our savings was poured in to fund his trading and having witnessed this while growing up, it was no wonder that I grew an incredible negative bias towards stocks.

Stocks were a gamble.

How I got started

But one day, I became an adult and left home. I got a job and started to think about retirement. I got a retirement account through my employer and didn’t know what to do. So I stuck my money in a random mutual fund that had the highest return over the past 3 years.

Around the same time, I also ended up signing up for variable life insurance and realized my returns were 0% while the insurance sales agent collected all the fees and commissions.

I forfeited my $3,000 account and decided to manage my own money.

How Old School Value got started

Without having ever taken a finance, accounting or economics class, I didn’t know where to start, so I started  by reading books. The Intelligent Investor was the first investment book I read, and to be honest, I found it to be the driest, most boring book I have ever read.

But I kept at it and read more books. Finally, it came to a point where I needed a way to record and apply everything I had read. That’s where Old School Value comes in. It started out as a journal to keep track and to share what I had learned.

Old School Value stands for the old school methodologies of value investing. I have no interest in over leveraging, using complicated option strategies or using margin.

Old School Value Today

Old School Value is now in its fourth year.

Over the years, this site has evolved into a value investing service by offering free and paid stock analysis tools, stock screens and a forum for people to share ideas.

However, Old School Value continues to offer timeless educational material in order to bring as many people into the world of value investing.

The focus here is to keep the quality as high as possible. Rather than publish several articles a week with little substance, I prefer to keep quiet if it is of little importance. This way, I won’t be overloading you with information and you can go through the articles at your own pace.

This is the same for the tools I offer. If something is not worth selling, then it is not worth giving away.

Keeping it Real

I am just a regular person. This site is not some second persona where I try to make myself look like a stock picking genius. I’m not.

What I hope people get out of this site is to become open to new ideas, learn new concepts and methods, and then to share it with others. At the same time, I hope people continue to challenge my very own views.

Too many investment sites lack honesty and candidness. If I make a mistake, I will own up to it before anyone else. You will hear about my successes as well as my failures.

My returns are not inflated or displayed in a way to make it seem better than it really is. Being independent, open, honest, transparent and approachable are vital keys for my own development as an investor.

Ethical Investing

Investing in stocks is investing in businesses, and there are certain types of businesses that I do not wish to support in real life which I apply to my investing. The temptation is always there to make money regardless of industry or company, but I believe investing requires social responsibility.

For this reason, I do not invest in any of the following:

  • Gambling stocks
  • Alcohol stocks
  • Tobacco stocks
  • Adult entertainment stocks

My Mission

In case you have not read the footer, my crazy goal one day is to help sponsor 1,000 children around the world. Currently I do this through a Christian organization called Compassion

The experience of having visited three of the children I sponsor in Colombia, really opened my eyes and heart to what is important. My goal could always be to make more money, but there is more to life than self satisfaction and living comfortably.

I’m not a philanthropist or somebody seeking to change the world. Nor am I am better person than anybody else. I just happen to be moved by helping less fortunate people, while other people are moved by different things.

Through Old School Value, I aim to offer quality tools, articles and information for the small investors. On a personal level, I hope to become independent so that I can focus on giving back as much as possible.

You’ve read my background, you’ve read the objective and you’ve read the mission. That’s what old school value is about and me.

What is Old School Value?

Old School Value is a suite of value investing tools designed to fatten your portfolio by identifying what stocks to buy and sell.

It is a stock grader, value screener, and valuation tools for the busy investor designed to help you pick stocks 4x faster.

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7 responses to “Old School Value: The past, present, and future.”

  1. Vince P says:

    Jae, it’s been an honor to learn so much from you the last few years. I appreciate (and my portfolio does as well) all of your hard work. I know I don’t comment much, but I follow and read every single one of your posts. Interesting side note: I mentioned your site to a value equity hedge fund manager I meet with every week and he was well aware of it!

    Keep up the good work and as a soon-to-be college graduate, give me a chance to interview when you’re managing the big money haha.

    -Vince

  2. George says:

    I found you through the Kirk Report and read all your posts. I really appreciate this one. Thanks for all that you share and for your compassionate lifestyle. You have some kindred friends over on Motley Fool. For example see the “Value Hounds” board:

    http://boards.fool.com/value-hounds-118990.aspx?sort=recommendations

    Best, George

  3. Ranajit says:

    Jae,
    I found your blog from F wall Street a couple of years back. I have been reading your blogs since then and even though I have been an investor for the last 5 years I have learned quite a bit from your blog. You have done an excellent job with the site and spreadsheets and hope you can keep doing it.

    One thing which I found interesting in your post today was the ethical part of investing. This has always been an issue of cognitive dissonance for me.

    Do I invest in Haliburton(or any of the defense companies) after everything dark and evil that I know about them. Do I invest in BofA after all the mortgage fraud cases they have been involved with. Do I invest in Nike, which exploits workers in third world countries and run sweatshops (albeit by proxy) with despicable and inhuman living conditions. Do I invest in Bayer(which sold contaminated blood plasma causing thousands of hemophiliac patients to be infected with AIDS) or any of the pharma cos. given their shady past ( just search google and you will find that every drug company have had some scandal or the other).

    I guess investing then is a judgement call and nothing is black and white. A lot of businesses fall in the gray area and very few companies have a perfect/spotless record. I would even argue that at least the adult entertainment industry or the gambling industry, even though they are not perceived to be paragons of morality, are businesses where people have a choice (they can choose not be involved, unlike the drug companies whose products you absolutely need) and are at least not involved in killing thousands of innocent people or destroying the lives and livelihood of honest tax paying citizens without them choosing to be involved.

  4. Rocky says:

    Jae,

    I must say the revamped look of the webpage looks great. I hope you will continue have great success. I enjoy working with your spreadsheets and hope you keep them coming with the great updates.

    You have a very noble goal wanting to sponser 1000 kids. I hope you make it someday.

    Rocky

  5. Jae Jun says:

    @ Vince,
    Thanks Vince. More than appreciate the vote of confidence 🙂

    @ George,
    That link is fantastic. I didn’t know fool.com had a group message board as well. Already went through some posts and the stuff is excellent.

    @ Ranajit,
    My hard rule is to always stay away from those 4 industries. If I find a company that I do not agree with, I usually don’t buy it. I would hate it if a business where I was a partner was involved in unethical practices. If it involved real money, I would most definitely take my money and leave. I see no difference in the stock market.

    Still plenty of opportunities even if I eliminate a handful of companies I do not agree with. Im just very picky regarding this topic.

    @ Rocky,
    My designer friend keeps asking me what people are saying about the design lol. I’ll let him know that it is working out great. Thanks again.

  6. Graeme says:

    New design looks good. Looking forward to getting more involved in the forum too. Nice little community forming!

  7. Jae Jun says:

    Still requires a lot more people to get the snowball effect, but thanks in part to a handful of regular and dedicated people, I have been able to take advantage of some really good ideas.

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