Transcript
Introduction
Patrick
My guest this week is my father, Jim O'Shaughnessy. I debated whether or not to do this interview, but many people have asked for it. I'm glad that I did. I had never heard a few of the stories he tells, which is a testament to the power of this kind of interview.My dad was a pioneer of quantitative equity research, part of an early group of explorers that studied factors which predicted future stock returns. While many of his peers were academics, he was a pure practitioner from day one. Along with others at our firm, we've been through a lot together professionally and everyone would agree that the guy has ice water in his veins and unwavering discipline, two traits that can bring you far as an investor.For those looking for a discussion of factor investing, look elsewhere. Because we agree on just about everything in the world of investing, we chose to instead discuss what has been a fascinating career, chock full of business and life lessons.What's most interesting about our relationship is that he's taught me very few things in particular. Instead, he's opened the doors which have allowed me to learn and experience so much more on my own than I ever could have hoped to learn under his direct tutelage. It's the model for fatherhood that I am using with my kids, and I couldn't be more thankful for the example he has set.We talk about premeditation, business, learning, books, and his wild experience during the tech boom. For show notes on this episode, visit investorfieldguide.com/jim. And now please enjoy my conversation with Jim O'Shaughnessy.