2016 was the first year our Old School Value Action Score that you see on the Old School Value stock analysis software took to the streets.
What is an “Action Score”?
In a nutshell, it’s a set of 9 (mostly value based) metrics used to score a stock between 0-100. Stocks are then graded based on their scores.
The #1 goal of the Action Score is to reduce the time spent trying to find ideas.
If you believe in the 80/20 rule, you’ll see that you tend to spend 80% of your time looking for stocks. Less (much less) than 20% of the time is spent on analyzing, thinking, valuing and learning about companies.
The #2 goal of the Action Score is to utilize a mix of uncommon metrics and fundamentals to create a quantitative strategy for people who are short on time, yet enjoy the DIY investing approach.