Jose Najarro

I wasn't really kind of swallowing the pill, as I like to call it.

So in the case of, for example, finance,

Well, value investing is not precisely mainstream, and unless you go to Columbia University or some other few places, you're not necessarily going to be taught value investing.

So I was reading value investing philosophy and books as I was studying the more mainstream in college, for example, and in CFA.

And so that kind of really gave me a perspective.

and helped me really think independently because I could see how different approaches could lead to different answers.

And I had to always question myself, okay, what's good about this approach?

What's bad about that approach, et cetera.

And in terms of economics, not to side rail the conversation too much, but in terms of economics, it was similar.

So mainstream economics, it's mostly going to Keynesian economics.

There's different schools of thought, but Keynesian economics is the more mainstream or a variation of it.

And I wasn't a big fan of the explanations of Keynesian economics, of how it described the real world.

I don't think it's accurate in many respects.

And so I was doing kind of my parallel studies in other schools of thought of economics, Chicago School, and most importantly, the Austrian School of Economics, which is where I eventually landed.

And that's why I went to do my master's in economics in Spain, because it's one of the few programs that really teaches Austrian economics in depth.

So anyway, that's a little about my background, but pretty much all throughout it's been finance and econ.

Yeah, and I'm glad you asked that question because value investing is either often misunderstood or at the very least reduced to a much smaller and narrower field than what it really is.

And value investing to me is just really the idea of trying to buy an asset, typically a stock or a business,

uh at a price that is below what it's actually worth right so it's you're trying to get value the same way when you go to the supermarket and you're trying to look for discounts you're trying to find value maybe you go and buy a brand that is not as well known but it's half the price and the value proposition there is better uh than the standard kind of more known brand for example so value investing is kind of similar where

You're not necessarily going towards investing for what's popular at the moment.