Jim O’Shaughnessy wrote the wildly popular investing book, “What Works on Wall Street,” in which he documents the strategies that sank or soared during over long periods, with some surprising results. In the podcast with GuruFocus, Jim expounds on the follies of predicting markets and how a composite approach outperforms. It’s only possible, he says, if you can eliminate those pesky emotions.
Jim also touches on why Apple (AAPL, Financial) should not make acquisitions, which ratios aren't all they are touted to be and what Warren Buffett (Trades, Portfolio) may be wrong about.
Currently, Jim invests at the firm he founded, O’Shaughnessy Asset Management, where his five quantitative funds consistently beat the market. Rather than relying on single market indicators or an opaque, black-box strategy, Jim uses a proprietary composite of factors to analyze stocks. His strategies are based on extensive, historical research and a combination of growth and value.
Jim will also give a presentation at the 2018 GuruFocus Value Investing Conference.
Listen to the podcast episode here. To never miss upcoming episodes, follow the podcast on Twitter here. Don't forget to share with your friends!
