What Works on Wall Street | Jim O'Shaughnessy | Talks at Google

[@animemilkmann5041]

It's over Jim!

[@Elaba_]

It tried also a couple of days ago. All of the sudden Instagram and Facebook shut down.

[@RumpIeForeskln]

Dude its him. Its the leader of the sweetie squad.

[@grosslyoffensivelizard-man3438]

⚡️🎴⚡️

[@mmabagain]

You must have lost a lot of money because you didn't follow his advice. Therefore you are mad at him???

[@sooljim]

*chuckles* Not even wearing a suit are we Jim?

[@buldren0101]

[Smugness intensifies]

[@Azidoazideazide.]

Jim doesn't own a suit.

[@waynewhite2323]

Or a red T-shirt cap and headset!

[@GeorgetheArchitect]

This is google. He did himself a favor by not wearing a suit

[@frankmathews1358]

lol

[@The0rangeCow]

Jade's cooking has really aged you, Jim.

[@philosopherofapplebees7775]

We could have ruled the world together Jim!!!!

[@sheffield8947]

This man groomed me and all my friends. Thanks big guy

[@dongiovanni-m3i]

It all makes sense, this is definitely metokur.

[@cherrycherrycherrycherry1]

Now this is in my recommendations. Fantastic.

[@qaisurrehman]

He is my summary of the video: Contrary indicator - 3 year performance Passive investor face panicking and selling low as a point of failure Active investors face the above and comparing to the benchmark, russel 2000, russel small or large cap Base Rates; How often does the strategy beat the benchmark and by how much? Base rates are vital while managing money Think in terms of probabilities not possibilities best investors value Process over outcome Recency bias is a killer, you need to think long term Long term data is essential Don't pay attention to forecasts, they are useless. Shareholder yield= Buy backs + Dividend yield

[@thschnick]

Wow Metokur's mic must be shit. He sounds a lot more rough on streams.

[@MorteoLX]

Schnick he sounds different without all the meth and nitrous he huffs on streams

[@heyhackurs]

Great advice, glad he could help.

[@snacksheet]

Watched the killstream yesterday, and this came up in my suggestions. Bloody hell KZbin.

[@nicklandable]

It's an Honor to see the leader of Sweetie Squad's face.

[@Andrzej108]

What a wise and modest man! Thank you for the talk. It was one of the best I've ever heard.

[@shanijayarathne5631]

He directly stands against the principles of Benjamin graham and warren buffet. Two of his funds sank do bad in 2000 that they had to shut down. His principles on what works was absolutely ridiculous.

[@somerando8615]

Jim thank you for your crusade against pedophiles and dog rapists, you are a national treasure. 7/10 market advice though.

[@nicholasmorgan7609]

Fascinating. So this is Mister Metokur?

[@schwartsbruder]

Jim's dad?

[@DKshad0w]

That was my first thought lel

[@basketballbroson620]

YOU REALLY NAILED THAN OPENING JOKE, JIM!

[@piazziolbers8984]

Metokur triggering the libz.

[@MagnusAnand]

What a fantastic conference. Humility in it’s greatness.

[@robliez8655]

Wow. Those guys are lucky. One of the smartest man alive today. I love rereading his books. The information in his books is worth more than gold.

[@dmtdave207]

Pedo's and furred degenerates quake at the sight of him! Shame that his crimefighting alter-ego has been revealed. Now the sickest perverts have noone to fear. RIP metokur. Thanks for your service Mr O'shaughnessy. We will never forget.

[@rajjtheman1867]

Fuck off NPC.

[@grosslyoffensivelizard-man3438]

His best stuff is found on his other channels, Hal, and Mister Metokur.

[@snufkin-w7n]

He is on KZbin, look up MisterMetokur.

[@mmabagain]

One of the smartest man alive today. One of the smartest men alive today.

[@coolguycrusader4218]

Who knew this is the guy who makes fun of furries on the internet

[@buldren0101]

RIP Metokur's anonymity

[@PrincipledUncertainty]

His next talk is on cub porn.

[@jdp0359]

Being disciplined and believing in your system. Great advice!

[@atjshow]

damn well i guess Jim really is a boomer.

[@Luke-xi2pq]

Exactly as I thought Jimbo would look like! Say hi to Jade for us, Jim!

[@irvine175]

Mr metokur revealed

[@waynewhite2323]

How's the KickFundMe going???

[@jonaheal11]

Jim's rigorous US value index and growth funds ( sold via RBC) cost me a pretty penny during 2008 downturn. Math lesson: if you invest $100, and it goes down to $30, that's market down 70%. To go back to $100, market has to climb 300%.

[@rajjtheman1867]

I will have those Donga berries for our sweety squad. Jim, keep being a good boy.

[@kaitlinriedel]

Where's your suit, Jim?

[@ganoshaughnessy904]

God bless you too. Thanks for your support and encouraging comment, you can talk or chat me on my private email address:[e-mail]

[@Luke-xi2pq]

He doesn't even own one. Completely blown the fuck out of the water.

[@bane4490]

Omg is this mister metokur

[@aidanferguson1601]

no lmao

[@mr.wizard6891]

Aidan Ferguson this man shares the exact same address as Jim’s girlfriends listed address on the Minnesota voter registry.

[@mr.wizard6891]

Actually forget what I said earlier, Mr. Metokur shares the exact same name as this man and Kiwifarms lists that dude in the address, not this one.

[@firstborn9419]

Lol alot of people are saying its his father.

[@grosslyoffensivelizard-man3438]

It certainly is. Good ol papa Osheanassy of the bully cabal.

[@claudiodemb4453]

excellent and very worth your time and money. Spot on!

[@doomeddoomer2896]

Wow this is actually a pretty interesting talk jim, who knew my favoreite shitposting eceleb would actually end up teachin me about investing 💲💲✡

[@yhhyy]

Jimmy boy is done for. We all knew he was a literal boomer.

[@mmabagain]

LOL, magnitudes wiser than yourself.

[@wadetheman1607]

Time to say goodbye Jim

[@audreydempsey247]

Wade TheMan You miserable aids ridden leftists wish.

[@ciceroaraujo5183]

His narrative is amezing

[@dominicpattberg3537]

you guys need to look for Patrick O'Shaughnessy. that´s the one who sounds more like Jim.

[@franklydum5056]

This man groomed me online.

[@avradeepdas2427]

One of the best takes on value investing #Theoriginalquantking

[@thevoxdeus]

It's easy to grin, when your ship comes in, and you've got the stock market beat; But the man worthwhile, Is the man who can smile, when his shorts are too tight in the seat.

[@joshua1auhsoj]

this was a very good video. Thanks!!

[@thomastom4232]

most important question: where do you get the historical data?

[@howdoilogin]

This is Jim's dad gais I'm sooper cereal. Like he has a voice and Jim has a voice and I found the name of someone somewhere named Jade who lives in the center of a lake and Jim has a girlfriend named Jade it's 100% proven now.

[@fekafie]

brilliant! patience is key to long term results...

[@grosslyoffensivelizard-man3438]

Indeed. Soon all the pieces shall be in place and the holocoaster will do loop-the-loops over fields of burning furry carcasses! 🎢🔥🔥🔥🔥🔥🔥🎢

[@glendmaatita4936]

very good talk! gave me a lot of insight and idea

[@grosslyoffensivelizard-man3438]

Glend Maatita If you liked this, check out his Deviants series on his alt channel, Mister Metokur.

[@smurfekidsa]

Great talk. But om qeustion on if he had a concentraded strategy he Said yes, 50-75 stocks. For me thats pretty diversified. I guess the quants have a different opinion on what concentrated is than a typical Value investor.

[@SEANAM]

Jan Fredrik A quant fund uses statistical inference of betas, correlation and standard errors to improve on the odds beyond random noise in portfolio return. Therefore, you should expect 1.0 standard deviation to explain 0.78 of the observed population parameters (statistically). As an example, if the S&P 500 is the benchmark that OSAM is measured against 50-75 security choices is only about 10-15% of the population sample (S&P 500 securities). To be able to select a (concentrated) portfolio with better risk/return profile than the index over long period of time consistently, is difficult and impressive.

[@thevoxdeus]

Considering you can buy an index for 500 or 1000 stocks at a time, 50-75 is VERY concentrated. As an individual retail investor, holding a significant position in even 50 stocks would be very difficult (since you do still want to watch the fundamentals, and you have a job in addition to your investments), but for a fund manager or institutional investor with billions in assets, it should be trivial.

[@Thebeancrusader]

Welcome to outer heaven

[@herpittyderpitty5309]

But does he glow in the dark?

[@iluvmycountry100]

⚡⚡

[@tubermensch3503]

Did anyone else laugh their fucking ass off seeing this in their recommended videos?

[@shademaster6]

Remember kids : just don't.

[@delroyterrelonge6085]

Is this really Jim?

[@buldren0101]

Yes, and it's not just any Jim, it's THE Jim!

[@delroyterrelonge6085]

No way this is metokur lol

[@delroyterrelonge6085]

@quotetheraven90 wrong Jim I'm talking about some else nvm

[@grosslyoffensivelizard-man3438]

Definitely. Kiwi farms is never wrong. Not ever.

[@ravindertalwar553]

I LOVE BEAUTIFUL INDIA AND ALL INDIANS OF SOVEREIGN, SOCIALIST, SECULAR, DEMOCRATIC AND REPUBLIC OF INDIA

[@Yondayme666]

Bike pump stocks are in the rise after this.

[@subtletube123]

He talks a lot about staying the course but how do you know you are on the right course to start with? Maybe you have a system for outperforming the market. Maybe you lose money. You stick with it. You lose more money. Maybe it was just a bad system.

[@sillybobby5189]

who is jim's dad and why is it over for him

[@RonnieMcSneed]

We're awaiting your orders, Sir Boomer Groomer.

[@alachance2010]

Follow him on twitter if you guys want more!

[@williamkim5016]

Principal O’Shaughnessy

[@pennystriker]

the engineers vs lawyers story is incorrect: why would it be rational to pick 100pct lawyers in the group of 10? this is a Bernoulli experiment with 70 pct chance of success and 10 trials and 10 out of 10 lawyers is NOT the most likely scenario... given this is a respected quant guy is concerning... I'm a fan btw

[@thevoxdeus]

I think your understanding of the problem being solved is not the same as the problem being solved.

[@tohopes]

Was Jim named after this guy because Jim's parents thought it would be fun to troll Mr. Billionaire Investor with stories about diaper-furs 37 years later?

[@EricHNelson206]

Are Jim's slides available for download anywhere?

[@siafin3805]

they are available at OSAM blog. osamblog.azurewebsites.net/wp-content/uploads/2017/04/2017-03-21_Talks-at-Google_JimOShaughnessy.pdf

[@grosslyoffensivelizard-man3438]

Yes, they’re all compiled on his primary channel, Mister Metokur. Glad I could help.

[@goobydntfear]

so this is jims dad, not actually jim right?

[@thomastom4232]

I'm in my 5th year of underperformance

[@Milligan777]

Obviously this isn't Metokur, but if the name is correct, Metokur is probably some distant family member, or a cousin, or nephew or something. That would explain the Minnesota connection as well. Metokur is probably old money, lives on a trust fund, has some degree of education, and might not be a millionaire, but not far. That being said, Metokur just doesn't give a shit and prefers to fuck around on the internet all day. I honestly can't say I blame him.

[@JH-bb8in]

What works on Wall St. Charge 2% and 20% while underperforming S&P500

[@queefburglar6996]

Hey! Its Patty O'Furniture

[@Jay_Baumans_Stuntdouble]

JIM!?! Is that you?

[@chronosxun]

Imagine the people scratching their heads not knowing who the fuck mister metokur is

[@elninogb]

Agree with a lot he said but the response to the last question was weak. The bet started before the big crash so the HFs should have had a great head start from year 2 or 3 onwards. Talking about risk adjusted returns over a 10 year period to justify the dismal performance is clutching at straws imo. Great talk in general though.

[@jepayotei8659]

I think a longer and more interactive treatment of that question would have been good too. I was glad someone asked it. The takeaway from Jim's answer though was that the Hedge Fund choice was less volatile, so if you can't afford a large drop and are willing to give up larger returns over time, it may be for you. It does bring into question the whole active management strategy for me because if fees can eat your profit, what chance does a self managed investor have to do out perform the S&P!

[@SEANAM]

Fid The fact that Zero coupon bonds outperform all other asset classes because of the YTM (pull to par value) and no reinvestment choice necessary show how much of an aberration risk/return and pricing of security was during the 2008-2009 period. He did acknowledge the fees, selection of HF instead of FoF, and QEs monetary support for equity market distortion each time there was a correction. The Fed ensure that the long (S&P bullish) strategy was to be the best portfolio and not risk/return measure such as Sharpe's ratio or Sortino's ratio that consider return odd against drawdown (potential losses). Jim answer was complete, candor and very robust.

[@thevoxdeus]

Unless investing is your full time job AND you have the chops (IQ and emotional discipline AND significant capital to manage) you shouldn't be actively investing at all, or so said Benjamin Graham. He did add the caveat that you might consider actively investing no more than 10% of your total investment pool (with no rebalancing between active and passive sides) if that's what would keep you engaged, since you would probably fail to match the market, but at least your losses would be fire walled.

[@Ziggy_Rotten]

Imagine all the non sweetie Squad people coming to watch this video and then reading the comments and trying to figure out what the fuck we're all talking about. lol.

[@HuriKhanD]

Jim's shitty 20 dollar mic really makes him sound different

[@valikb]

I like the phrase a lot: "Smartphones... are reducing our attention span from quarters to quarter of second" : kzbin.info/www/bejne/rWrbYWyFYsime7s 11:38

[@nagisashiota417]

The comments sent my sides into orbit

[@Luke-xi2pq]

Glad we could help.

[@mindaza0]

genius

[@inyoung84]

애플판

[@Barbaryotaku]

Sounds like Jim before he took up smoking

[@worstthereeverwillbe1223]

Even if he uses something to change his voice, his cadence seems off from metokur.Trying to keep an open mind but I don’t think it’s him

[@Jim-pq9pm]

Don't doubt the Kiwi's.

[@vrshingh2767]

Principal O,Shaghennsey....

[@gecalebsmith]

Jim is that you?

[@1456dockbuilder]

24:21 he really goes into wiping out those degenerate furries .

[@billtomson7514]

This guy has a narrative ie the base rate narrative.

[@jimtwisted1984]

Cicero was Roman not Greek.

[@mattsanzen]

Jim youve been doxxed

[@peoriaos6627]

When you hear somebody this rich speak, you have to wonder what he's trying to do to you that benefits him... and here it is... he makes the majority of us think we are not smart enough to actively invest thus we just stick our money in a fund. This fund of course supports his investments. Thus instead of investing in things that make you rich, you are investing in things that make him rich and lessen his volatility. Buffet has the same message.

[@mmabagain]

Wow!! Who knew you were so smart? You're amazing! Smarter than Buffet, Bogle, Dalio, etc. LOL! 🤣

[@asdgasdf9580]

Q: What do you call two gay Irish men? A: Patrick Fitzgerald and Gerald Fitzpatrick.

[@Crystalhertz]

This shit is far more entertaining, when you think that people think this is MisterMetokur

[@CJinsoo]

at 7:46 Jim Kramer is clueless

[@sleepless2541]

15:42

[@user-ov5nd1fb7s]

Average IQ is 100, not 120.

[@rocksownstone9491]

Damn that silky voice just runs in the fam, huh? The billion dollar fam, not proud of their black sheep haha

[@bicflameislindy3090]

Games good me bad , you're time is up

[@spacejew400]

grandpa metokur

[@ravisamsung1778]

Any one from grow channel❤️

[@omergolani1655]

Can someone explain to me what the fuck is up with the comment section??

[@youdontseeanoldmanhavinatw4904]

People actually think this is metokur smh

[@prayerforthesick1713]

All the bushes in Africa? Do you people ever get tired?

[@MrAlexLowen]

what's the problem with the comment section here?

[@vvkhari1]

Can someone read page 42 and 43 of "THE INTELLIGENT INVESTOR" again? FFS, this guy managed 4 mutual funds, out of which 2 were closed by 2000 as they stanked so badly and 2 others he sold to a new manager and moved on. The passive s & p 500 index walloped his every fund yoy for 5 years straight. The audacity with which he still speaks here and supports active investing perplexes me. Shameless. This man made public loss 175 million usd in 5 years and does not remorse one bit. zero integrity, zero accountability.

[@sleepless2541]

his funds did outperform the market after the 2000s for a while though, guy just didn't have the discipline to employ his own thesis, im willing to bet big money that buying a group of stocks with relatively low valuation multiples would beat the market over a 50 years time horizon, and also in the book Jason Zweig was criticizing data mining, meanwhile actual accounting ratios reflecting relative valuation isn't data mining at all, what if you're buying stocks beginning with the letter "A"? then yes, that's data mining