If you look back to the most spectacular blow ups in history, you can always tie them to a couple things: They were extraordinary complicated strategies that maybe even the practitioners themselves didn't understand, and they were overleveraged. James O'Shaughnessy backblowcomplicate share on social
The average investor does significantly worse than a simple index... It's literally because of the way our brains are wired. James O'Shaughnessy averagebadlybrain Change image and share on social
You'll get nowhere buying stocks just because they have a great story. James O'Shaughnessy buygreatstock Change image and share on social
If you're indexing to the S&P 500, you're buying the most expensive names in the market. James O'Shaughnessy buyexpensiveindex Change image and share on social