James O'Shaughnessy
James O'Shaughnessy
James Patrick O'Shaughnessyis an American investor and the founder, chairman, and CEO of O'Shaughnessy Asset Management, LLC, an asset management firm headquartered in Stamford, Connecticut...
NationalityAmerican
ProfessionBusinessman
Date of Birth24 May 1960
CountryUnited States of America
bit investor likes pursue wants
If you're an investor who wants a little bit more from the capital-appreciation side of things, but still likes this concept of getting 'paid by the company,' then we would tell that investor to pursue shareholder yield.
believe overweight people
We believe that people moving their portfolios to an overweight in bonds will be disappointed over the long-term and will significantly underperform an asset allocation that over-weights equities.
criteria data focus momentum selection turned works
Momentum as a selection criteria works very well. My data suggests that you don't want to focus on laggards, even after they've turned the corner,
goods industries people regardless services
Industries that make goods and services that people have to buy, regardless of economic circumstances, are bound to do well whatever the economic conditions.
income investor retired
If you are an investor who's retired and hopes to live off the income that your portfolio is generating, then we would focus just on the dividend yield.
literally money walking work
If you have a 401(k) at work and you don't use it, it's like literally walking by buckets of money every day,
buying expensive names
If you're indexing to the S&P 500, you're buying the most expensive names in the market.
blow couple history maybe strategies themselves tie ups
If you look back to the most spectacular blow ups in history, you can always tie them to a couple things: They were extraordinary complicated strategies that maybe even the practitioners themselves didn't understand, and they were overleveraged.
certain change fullness good industries reasons remain reveals stocks time underlying
Stocks change. Industries change. But the underlying reasons certain stocks are good investments remain the same. Only the fullness of time reveals which are the most sound.
investor literally worse
The average investor does significantly worse than a simple index... It's literally because of the way our brains are wired.
depression destroyed fear greed hope portfolio recession value
Fear, greed and hope have destroyed more portfolio value than any recession or depression we have ever been through.
above bad great next seen stocks tend turn unusually
Historically, we have always seen reversion to the mean. After stocks have had an unusually great 10 or 20 years, they typically turn in subpar results over the next 10 or 20, and after bad 10- to 20-year stretches, the next 10 to 20 tend to be above average.
number saving start tip
Tip number one is you have to start saving immediately,
ego fight model night partying prove time wants
The model never varies. It never has an ego problem; it never has a fight with its spouse; it never wants to prove that it's right. The model is never hung-over after a night of partying -- it just does the same thing, time and time again. Very boring, very profitable.