Why I am a self-taught value investor

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There are two main ways to learn investing:
  • Classroom setting. You join a group (can be online or physical room) that is led by a course leader (teacher, coach, or lecturer).  He can provide immediate feedback on questions that the class may have. There is a fixed schedule for the classes.
  • Self-study.  The main feature here is that you study on your own. You don’t join a group. There is still a list of subjects that you have to go through although most likely you decide on the pace.

[Image: Self-study-vs-classroom.png]

I must admit that 2 decades ago, there were not that many online courses. Most of the courses were formal classroom types. These were not suitable for me as I had a very tight work schedule.
 
To a great extent, this influenced my decision to self-study rather than attend a formal class.
 
Today there are online courses that are self-study focussed. However, the issue of whether it is self-study or online class still boils down to whether you study on your own time or join a group based on a timetable.
 
I would still have chosen self-study as a fixed schedule would still be a problem for me.
 
I suspect that the majority of you are likely to be working. And then you may have other family and social commitments. If so, go for the self-study route.
 
This is because learning value investing is not something that you complete in one week or month. Be prepared for a least one year of learning. As such you want a course that gives you flexibility over your time.
 
You will of course lose the classroom cum teacher interaction with self-study. But there are ways to make up for this.
 
For more insights go to A comprehensive guide on how to learn investing
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