Avoiding major investment mistakes (with Jim O'Shaughnessy)

Read the full transcript here. (https://podcast.clearerthinking.org/episode/249/#transcript) • What are the biggest mistakes people make when investing? What's the best thing to do with extra savings? How can we overcome emotional biases that might negatively impact our investment strategies? What is "hyperbolic discounting"? How can you know when to pull your money out of an investment? How can journaling help with investing? Is it irrational to invest only in companies based in your country? What's the optimal mix of stocks and bonds? Are short-term bonds better than long-term bonds, or vice versa? How can you tell genuine growth from too much hype? How predictable is the stock market? If you find an investment strategy that works, should you tell others about it? What's the best way to cope with bubbles? Who should apply for ventures? • Jim O'Shaughnessy was in quantitative asset management for most of his career until selling his company, O'Shaughnessy Asset Management, to Franklin Templeton in 2021. In 2023, he formed O'Shaughnessy Ventures, which is engaged in book publishing, filmmaking, and partnering with podcasters, Substack writers, and other new media ventures. Their venture capital arm invests in companies that they think have winning business strategies in regards to what Jim calls "The Great Reshuffle". O'Shaughnessy Ventures also gives equity-free fellowships and grants ranging from $10,000 to $100,000. Learn more about Jim at O'Shaughnessy Ventures's website, osv.llc (https://www.osv.llc/). • Staff • Spencer Greenberg (https://www.spencergreenberg.com/) — Host / Director • Josh Castle (mailto:[email protected]) — Producer • Ryan Kessler (https://tone.support/) — Audio Engineer • Uri Bram (https://uribram.com/) — Factotum • WeAmplify (https://www.weamplify.info/) — Transcriptionists • Music • Broke for Free (https://freemusicarchive.org/music/Broke_For_Free/Something_EP/Broke_For_Free_-_Something_EP_-_05_Something_Elated) • Josh Woodward (https://www.joshwoodward.com/song/AlreadyThere) • Lee Rosevere (https://archive.org/details/MusicForPodcasts04/Lee+Rosevere+-+Music+for+Podcasts+4+-+11+Keeping+Stuff+Together.flac) • Quiet Music for Tiny Robots (https://www.freemusicarchive.org/music/Quiet_Music_for_Tiny_Robots/The_February_Album/05_Tiny_Robot_Armies) • wowamusic (https://gamesounds.xyz/?dir=wowamusic) • zapsplat.com (https://www.zapsplat.com/music/summer-haze-slow-chill-out-house-track-with-a-modern-pop-feel-warm-piano-chords-underpin-the-track-with-warm-pads-and-a-repetitive-synth-arpeggio/) • Affiliates • Clearer Thinking (https://www.clearerthinking.org/) • GuidedTrack (https://guidedtrack.com/) • Mind Ease (https://mindease.io/) • Positly (https://positly.com/) • UpLift (https://www.uplift.app/) [Read more: https://podcast.clearerthinking.org/episode/249/jim-o-shaughnessy-avoiding-major-investment-mistakes]