James O'Shaughnessy Quotes
It seems that the one thing that doesn't change is people's reaction to short-term conditions and their axiomatic ability to perpetuate them far into the future.
Topics
Change
Human Nature
Status Quo
Human Behavior
The One Thing
Adaptation Failure
Behavioral Patterns
Change Resistance
Cognitive Biases
Cognitive Error
Future Consequences
Habitual Behavior
Long-Term Consequences
Predetermined Outcomes
Reactive Thinking
Self-Perpetuating Cycle
Short Term Thinking
Unconscious Motivations
Unwillingness to Change
Psychological Bias
Static Mindset
Citations
O'Shaughnessy, James. What Works on Wall Street, Fourth Edition: The Classic Guide to the Best-Performing Investment Strategies of All Time. McGraw-Hill, 2011, p. 5.
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James Patrick O'Shaughnessy is an American investor and the founder, Chairman, and Chief Investment Officer of O'Shaughnessy Asset Management, LLC (OSAM), an asset management firm headquartered in Stamford, Connecticut.