This style folder is exactly what I wanted. I used this type folder in both high school, college and grad school because I found it both the most useful and versatile in holding my classroom notes and other paperwork. As a teacher, I had all my students use this type of folder to hold all the paperwork they did or received because none of the papers would come loose as would often happen with other style folders. I now use this style folder to hold all my stock paperwork I get from my stock broker.