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No. of Recommendations: 11
In 2010 the best thing I spent money on was a trampoline for our son. Ben and his pals have bounced almost every day since July, when we assembled the contraption. Ben even wanted to jump yesterday, despite a fresh coat of 18 inches of snow. (I, on the other hand, made the mistake of bouncing 5 days before Ironman Lake Placid, and pulled a muscle that hadn't been used in 30 years.)

What will be my highest-return purchase in 2011? Pretty sure it will be the Old School Value spreadsheet, which I bought last week. Built by Jae Jun, whose articles you may have read on Seeking Alpha, this tool downloads 10 years of annual numbers, as well as the last four quarters, in 30 seconds. Then, OSV runs these numbers through a gamut of screens, including DCF, Piotroski, Graham valuation, and net-net. The SS also includes a couple of earnings quality calculations, like Altman Z.

The website is here: http://www.oldschoolvalue.com/intrinsic-value-spreadsheets

I have taken OSV SS and added a bunch of my favorite formulas. For once, I feel like I can stay up-to-date with the companies I own, as well as also study the myriad interesting opportunities that I read about on Motley Fool and in other venues.

If there is interest, I will run Tim Beyers' 2011 Scrooge picks thru the OSV model, and share the findings.

In short, if you are entering financial data into your spreadsheet by hand, spend the $100-$150 to buy your own version of OSV. Then customize with your favorite ratios. Even if you do not buy the SS, Jae has several screens to find statistically-cheap companies.

Best wishes for a prosperous 2011.


Hewitt
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