James P. O'Shaughnessy is a renowned investor and author, widely recognized for his expertise in quantitative analysis and financial markets. He founded O'Shaughnessy Asset Management and authored influential books like "What Works on Wall Street," which explores successful stock market strategies. With decades of experience, O'Shaughnessy has become a respected voice in investment circles, known for his data-driven approach to stock selection and market analysis.
Investing is not about beating others at their game. It’s about controlling yourself at your own game.
The single greatest edge an investor can have is a long-term orientation.
Risk comes from not knowing what you are doing.
An investment in knowledge pays the best interest.
The four most dangerous words in investing are: ‘this time it's different.’
Successful investing is about managing risk, not avoiding it.
The goal of a successful investor is to make the best trades. Money is secondary.
The stock market is a device to transfer money from the impatient to the patient.
Your success in investing will depend in part on your character and guts and in part on your ability to realize at the height of ebullience and the depth of despair alike, that this too shall pass.
Time is the friend of the wonderful business, the enemy of the mediocre.
In investing, what is comfortable is rarely profitable.
The investor’s chief problem—and even his worst enemy—is likely to be himself.