Masters in Business

A Timeless Collection of Infinite Wisdom with Jim O'Shaughnessy

60 snips
Mar 20, 2025
Jim O'Shaughnessy, Founder and CEO of O'Shaughnessy Ventures LLC, shares insights from his journey in finance and entrepreneurship. He discusses the impact of the financial crisis on his investment philosophy, emotional decision-making in finance, and the significance of clear communication in earnings calls. O'Shaughnessy also explores the enduring charm of physical books in a digital age, the evolution of investment tools like Canvas, and the role of AI in enhancing creativity across sectors.
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ANECDOTE

First Encounter

  • Jim O'Shaughnessy's first encounter with Barry Ritholtz was in a TV green room after the dot-com crash.
  • This led to a 25-year friendship and multiple podcast appearances.
ANECDOTE

Early Quantitative Inspiration

  • At 16, O'Shaughnessy suggested analyzing IBM by the numbers, which his family dismissed.
  • This inspired him to research the Dow 30, discovering the impact of P/E ratios on returns, which led to "What Works on Wall Street".
INSIGHT

Revealing Secrets?

  • Many firms interested in hiring O'Shaughnessy wanted him to suppress his book's publication, fearing he was revealing secrets.
  • He argued that even with readily available information, most people won't change their behavior.
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