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
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,
add design ideal people sit
I tell people to design their ideal life. What do you want to do? What do you want to be? ... Sit down, add up your expenses, write out your life.
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.
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.
advise benefit best committed continue investors market outlook remain stocks tested variety
We continue to advise that investors remain committed to a patient, long-term outlook and that the best way to do well in stocks is to use a disciplined, time-tested strategy that has the benefit of empirically tested results over a variety of market environments.
great stocks
You'll get nowhere buying stocks just because they have a great story.
number saving start tip
Tip number one is you have to start saving immediately,
allow data free gut information lead rather relying remain time ways
By relying on the statistical information rather than a gut feeling, you allow the data to lead you to be in the right place at the right time. To remain as emotionally free from the hurly burley of the here and now is one of the only ways to succeed.
aware fluctuate goals market terms thinking
In terms of thinking about market valuations, think, do I care? My goals are 10, 20 years from now, not now. If you have shorter-term goals, you should be aware that market valuations fluctuate wildly.
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,
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.
buying expensive names
If you're indexing to the S&P 500, you're buying the most expensive names in the market.