"i was talking to an asset allocator and twitter came up and he goes you know my how times have changed i said well why and he goes five years ago if you had a twitter account you were eliminated from ..."

"hi i'm jim o'shaughnessy and welcome to infinite loops sometimes we get caught up in what feel like infinite loops when trying to figure things out markets go up and down research is presented and the..."

"look at them through a multi-faceted lens including history philosophy art science linguistics and yes also through quantitative analysis and through these discussions help you not only become a bette..."

"well hello everyone it's jim o'shaughnessy with yet another infinite loops and today i have a person a personage a very famous person in canada that's like being famous in minnesota right dave i have ..."

"we we do that all the time man you know we took jim carrey from you we took him you did we took second element it's like you know so many very very famous americans are actually canadians so well a lo..."

"a good friend as he worked with us for a while uh but but uh welcome first of all and then let's talk a little bit because we'll get into the wealthy bar yeah i reread parts of it and man it's still f..."

"turned into funds in canada and i'm going to talk to a few of the banks and i was well connected at that point and i remember i phoned td bank first and they didn't really get it you know they thought..."

"the aging and i think that was very prudent i tell you when my wife uh was when i was launching my career and she's like well jim like you're 28 years old no one's going to take you seriously and i sa..."

"had to get to the airport and he looks at me he goes yeah so i love this uh let's do it and i'm like let let's do it he goes yeah reaches out shakes my hand deal was done i mean obviously we papered i..."

"i think he's a very fine man and i think he's always looking to add value in whatever he does to make people's lives better to make them more interesting he's a great interviewer he's just a very clev..."

"and i remember that vividly you're asking about fernando arch duke and all that stuff you remember we were going through all of that and uh yeah i know it's a lot of fun are you still a big historian ..."

"his podcast to some extent is the podcast the trailblazer in terms of that whole business model and so again he should be very proud of that and i know so many people who listen to his podcast and i g..."

"have i say that every day uh when i wake up and i say it every evening when i go to bed i really really am and i have you know not only are they so accomplished my three kids patrick and and kate and ..."

"whatever happened to your lawyer is he still a part of your life he absolutely is yes i certainly will hillary miller who uh uh we're going to do a little inside baseball here um hillary can can be ve..."

"remember the first one is hey jim it's dave hey so this hillary guy and first off weird that his name is hillary [Laughter] you hadn't met him yet and you go you tell that so and so when i meet him i'..."

"insights of others totally agree and um i would i have said in the past and i will say it again i i honestly believe and you know putting aside the whole elon is he going to buy it or not if he does w..."

"quite astonishing in a lot of ways like a lot of the people you're most well connected with now in finance you got to know them through twitter absolutely and in fact my entire staff that works with m..."

"friend now um we we raised his first fund yes um and patrick talked him into taking public money brent did not want to take public money because he thought that the whole structure of private equity w..."

"totally agree with you and um you know i think your career is another great illustration of the power of being kind the the power of not being an just just don't be an okay get gets you so far in life..."

"isn't it right and even when they are it's bleeding exactly you know my first review bruce cohen a great guy i haven't seen him in years but he ended up doing a lot of revisions to the original wealth..."

"down to the reader and and i remember when i first uh when you first called me and and my joke was who is this wealthy baker guy that's right but but so i went out and got the book and i'm like missy ..."

"it's exceptionally well done he i tried to hire him uh like six or seven years ago and and what was cool about it was like he was very kind in his answer he's like that's very flattering but like i al..."

"there i used to make a lot of u.s jokes and the audience has handled all those extremely well and so nothing but good memories yeah well you know that was uh we were talking before we came on and like..."

"in a suburb outside of toronto and and several people came up and they're like this is fantastic how come you moved to america and i'm like um [Laughter] because i was born there and they're like you'..."

"really does share a tremendous number of similarities whole canada weather obviously included and i used to get down there a tremendous amount and they were one of the pbs affiliates that aired the sh..."

"really really love and sometimes that doesn't work too well but for the most part exactly but that's the whole point your whole mental attitude which i admire intensely is just what you just said some..."

"so so your new business let's and i want to come back to the books too because i know you're writing a new one and it it has to do with you a story your dad told you which i love but but right now wha..."

"day uh you know something i'd forgotten about to be honest with you i stopped that about a decade ago and also for the first time even though i'm a hard worker i don't control my own schedule you know..."

"i haven't loved that aspect of it but it has got me thinking again i might go back to the buy side and invest in private companies again something i've had good success with i may just write again i'v..."

"very lucky at the same energy now i had a 25. yeah you absolutely grind it out and i'm very fortunate that way yeah you absolutely do and it's like missy when i told her i was coming to talk to you wh..."

"fed up with uh the the m a guys and the burgers up there what you know did you write down and write to sit down and write a manifesto you know uh jerry maguire like or how how did it get a little bit ..."

"parts of this i really liked i mean you're dealing with entrepreneurs all the time but i think i'm more student to the the buy side not buy side advice but actually buying the businesses because i lik..."

"we're all unemployable i mean unemployable exactly so we all work for ourselves but i was thrilled the course went over well and i kind of pushed people to it now but i still love the book industry an..."

"cracked through it is one of them but in general it's very very difficult it's you know it's a pareto distribution and like i saw a stat that i just like found it really hard to believe you know uh th..."

"percent right right and so so so like it's a funny story when i was when jamie cather he was the guy who talked me into doing infinite loops right he's like i'm like i don't want to do a podcast i don..."

"i don't know if you remember that movie yeah but and i said exactly my goal with this particular podcast was i'm never going to monetize this at least i'm not going to i mean if it gets it's like i le..."

"about an esoteric religion uh that uh the author uh who's a brilliant guy uh the the religion with no name is the name of his book i'd read it i was fascinated by it you know he himself is incredibly ..."

"but anyway we we do that and like even even people who know me well they're like so you think that that one's going to be popular i said i think it should be because it's so interesting and well long ..."

"infinite loop so so uh i have not yet i am going to ultimately in fact i was i was at dinner at patrick's last night um and uh was saying you know by the way come on man uh you've had me on your podca..."

"the big she was the first person ever picked on her first submission of material good for her and like we went up and it was fun it was really great she was on but what's so funny is like when we're t..."

"hard you know that that gift wrecked you know horrible you know totally you know and that's lail when she turns her attention on her father and and i love it of course because she's so damn funny but ..."

"chip properly i'm taking lessons and this is him on a daily basis so he never he never changes i love it and and so tell the story because you're going to tell it better your dad was with your son in ..."

"happy in life and didn't define themselves at all by stuff or anything along those lines and he just enjoyed life immensely my father recently stopped driving by the way and uh that was a very good th..."

"getting ready to talk to you i'm like reading it and i was like i gotta just say this is like it shows you what happens when you don't fall get crazy about sunk costs right in other words it's it's li..."

"other thing i love is he reframes it instantly i love the instant reframing of these guys were so talented and you know it's just like i i love that and then the kind of very stoic attitude right it's..."

"his ability to change so quickly as you say to acceptance i mean you're you're actually thinking about or are actually writing a book with that this event spurred on yeah yeah it is i'm taking a colle..."

"that way and he learned to get that way but again it's increased his happiness tremendously because he's not living in the past he's always thinking about the moment living in the moment or what's nex..."

"biggest blessings i stepped into two very fine parents people who cared people who taught well uh the opposite of helicopter parents in the case of my dad my mom did my laundry until she passed away a..."

"mad in fact i've never heard him raise his voice can you imagine that i've never heard my father raise his voice but you knew that it was your job to fix those cars you were the one calling the insura..."

"didn't hear a word you said i'll tell you i gotta tell you one more classic i was only i was only 12 years old in grade nine at the start of the year i'd started school yearly and skipped a grade and ..."

"certain things don't do right don't marry a bad person don't get involved in addiction like i mean stay away from the big four or five don't do's you're probably going to have a pretty good life and m..."

"they did because they've grown up very very polite as well you know and it's it's those it is i i i love your monger example um hey my friend uh chris williamson who's the uk king of podcasts uh he's ..."

"get in the way i'm wearing them now i'm not going to say anything i knew you're heading there though but but but the point is i i really wanted to both of us really wanted to like so what do we you kn..."

"hastings yeah i knew you'd know in uh in europe and so we have a huge bookcase here and i always said to all three of my kids the same answer look it up in there right and like they get pissed and the..."

"first got popular of course absolutely i'll tell you a really funny story so um in our family at ala you're talking and and and being together without devices we did that a lot and we played my kids l..."

"i'm an easy mark for this but the ir we're just talking about him last night with a friend of the family i mean if you've never been there you would love the irish because you know what happened after..."

"love your flag because it's all the yi jing symbols and he's like it's what you and i went for dinner one of the trivia questions i brought up and you got it right except that 99 of people don't know ..."

"fascinated by andy warhol for years you're really interested you must be doing well right now it's doing okay yeah do you ever sell any of it or do you buy and hold it for the very very long term uh f..."

"right um a famous example totally agree yeah famous example was uh basquiat um what i didn't know was that he had a partner um when they were just doing the spray can art in new york city and his part..."

"incredible but one thing i do have that i love is we have the original model sheets the original drawings of the jetson characters oh wow that's yeah and i love that yeah so that is the one thing we'v..."

"no kidding and and i had her and an uh an osm research partner jesse livermore not his not his real name and i and i recorded a podcast with them and it was just the easiest podcast i ever had because..."

"the end the market ran into all those problems and i think that kind of sentiment indicator i've benefited from over the years in fact you know what's interesting in this world of big data and algorit..."

"come from just paying attention and watching i'm not timing markets on an ongoing basis nobody can do that well i'm not saying they can't i tend to use a lot of long-term index funds etc but when i ha..."

"i i love that expression and i think unfortunately for us it really does come when you get older yeah you've seen a lot of this before in fact recently when you look at some of the valuations in the t..."

"happened quickly yeah and uh i was before we started recording i was telling you about a okay i met on twitter good friend now he's a doctor in manhattan and he had the greatest phrase for it he was l..."

"she says um could you tell me whether i whether this is a good idea he's like i'm out exactly well listen man this has been so much fun i hope uh when you're next in new york or i'm next in uh near wa..."

"you can't kill anybody you can't put anybody in a re-education camp but what you can do is incept them you've seen that movie i i would guess right now where okay so inception is creating in a dream s..."