TIP 057 : What Works On Wall Street with James O'Shaughnessy (Business Podcast)

The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network

Stig Brodersen

Business, Education, Investing

4.6 • 3.6K Ratings

🗓️ 23 October 2015

⏱️ 46 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

IN THIS EPISODE, YOU’LL LEARN: Which type of American companies James O’Shaughnessy’s right now deem to yield the highest returns. How to be humble about stock investing, and how you are likely to beat the stock market by taken yourself out of the equation. Why James O’Shaughnessy doesn’t include the interest rate and other macroeconomic factors in his investment models. How to profit from momentum stocks and if that corresponds to the current market conditions. The two biggest mistakes investors make when implementing a purely quantitative strategy. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. James O’Shaughnessy’s book, What Works On Wall Street – Read reviews of this book. Tobias’ Investing Site, The Acquirers Multiple. Who James O’Shaughnessy’s pay attention, www.aqr.com. Who James O’Shaughnessy’s pay attention, www.lsvasset.com. Tobias’ book, Deep Value – Read reviews of this book. Tobias’ book, Quantitative Value – Read reviews of this book. Benjamin Graham’s book, The Intelligent Investor – Read reviews of this book. Benjamin Graham’s book, Security Analysis – Read reviews of this book. Edwin Lefèvre’s book, Reminiscences of a Stock Operator – Read reviews of this book. David Dreman’s book, Contrarian Investment Strategies – Read reviews of this book. Benoit Mandelbrot’s book, The Misbehavior of Markets – Read reviews of this book. NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. 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Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. 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Transcript

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0:00.0	We study billionaires and this is episode 57 of the Investors Podcast.
0:06.0	Broadcasting from Bel Air, Maryland. This is the Investors Podcast.
0:14.0	They'll read the books and summarize the lessons. They'll test the waters and tell you what it's called.
0:19.0	They'll give you actionable investing strategies.
0:23.0	Your host Preston Pish and St. Broderson.
0:28.0	Hey, how's everybody doing out there? This is Preston Pish and I'm your host for the Investors Podcast.
0:34.0	As usual, I'm accompanied by my co-host St. Broderson, out in Denmark.
0:38.0	I'll tell you folks, this one here is a really exciting episode for Stig and I because we have one of the most influential investors we've ever interviewed on our show.
0:49.0	That is Jim O'Shennessy. Jim really has quite a background.
0:54.0	He's the chairman, CEO and CIO and senior portfolio manager for O'Shennessy Asset Management.
1:00.0	Now, if you're saying to yourself, Jim, his name sounds familiar. I've heard his last name before.
1:05.0	It's all because of the fact that he wrote this book called What Works on Wall Street.
1:10.0	It's one of the best-selling investment books that you'll find on Amazon.
1:14.0	I know Stig and I both own copies of this.
1:17.0	We also have Toby Carlyle with us who's the author of Deep Value and Quantitative Value because Toby is a huge fan of Jim's along with Stig and I.
1:27.0	We felt like Toby would be one of the great people to bring on the show to help us ask questions for Jim.
1:33.0	If you don't know who Jim is, he has been recognized as one of America's leading financial experts and a pioneer in the quantitative stock analysis realm.
1:42.0	He's been called one of the world beaters and statistical gurus by Barons.
1:47.0	In February of 2009, Forbes.com included Jim in a series on legendary investors along with Benjamin Graham Warren, Buffett, Peter Lynch.
1:57.0	And to say that he's one of the best in the field is totally an understatement.
2:01.0	So Jim, we are so thrilled to have you on the show and thank you so much for taking time out of your busy schedule to talk to Stig myself and Toby.
2:10.0	We just really appreciate it.
	...

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