"just maybe you'll donate some of that to your followers and your viewers and subscribers that are watching stuff like this and be like hey i don't know i don't know i'm making stuff as we go but i wan..."

"this episode of infinite loops jim o'shaughnessy is chairman and co-chief investment officer of o'shaughnessy asset management where jamie catherwood is an associate all opinions expressed by jim jami..."

"i appreciate it really appreciate jim being on the show uh you missed a couple things there but i won't hold it against you i am a i am a perennial learner and so i have found very quickly in life tha..."

"about with you is i read some of your stop well read all your stuff um and and i want to ask you about three of the things you say because again they really resonate with me and like i was telling my ..."

"working or succeeding without you and so i always tell youngbloods especially guys who are asking for money because i'm a vc and guys who are trying to figure out how to build their first startups or ..."

"the way that i try to build cultures and companies yeah and that's also uh the same for me it also is almost taoist in that if you read the dao de jing there's a verse in there about uh you know somet..."

"so i say hold nothing close to the vest give it all away give it your best and so that's my best tip for consultants out there that's very cool and and again uh i we i think we're going to end up agre..."

"things etc now for example that company um i said no because i said the book has to be published but they hired me anyway for something else so probably because you were exceptionally useful to them w..."

"you later down the road and so you know you could say here that you know a little ounce of cure is worth a little ounce of uh medicine right now i guess there's a worth a pound of cure or something li..."

"watching right we can always remember to be self-reflective and remember actually um i'm going to go right to a quote you talked about earlier master your internal self one of the things i have two ki..."

"fortune of being the kid that when he came over for dinner after i lost they lost my grandmother twice a week i got to soak it all in and and one he was very funny but one of his things he taught me t..."

"um learn all of those things and you know what i find interesting is the fact that you know you're young you're 40. yeah did you come to all this yourself or did you have an elder like i had my grandf..."

"hunger for things that i think are interesting interestingly enough and you well know this jim is that if you find something interesting and then you pour a lot of intentional effort in there and then..."

"how i'm built it's like shoot if i'm kind of good at this i think i can sell it and so that's how i started all of my businesses i'll give you a great example uh spin you a yarn in 2007 i saw an ars t..."

"the future of money and let me give you the hook gym as an engineer developer i realized for the first time in forever that as an engineer i could create programmable money and that in 2011 when i rea..."

"i i i think it's we're already seeing small examples of this around the world where big big governments are going into people's accounts and and shutting them off let's i mean we there's stuff on the ..."

"likewise and so i think to answer your question succinctly yeah there's going to be countries that are going to ban bitcoin they're going to be countries that are going to close down bank accounts but..."

"that is fully tracked for example uh there was a study done a couple years ago that showed that when you buy a cup of coffee at starbucks with your amex card between that transaction is anywhere betwe..."

"well i think there's multiple avenues that have emerged over the last decade of bitcoin's existence and certainly for me as a as an operator and venture capitalist as well as vc funded uh building ven..."

"so there's lots of different ways to get into it so so i was on the podcast of peter mccormick who you might know uh and what he did this is when we were still doing them in person um a pre-kovid anyw..."

"brother that's ver that's very cool i might just to temper expectations because we're not going to take this out um i i i as an asset manager i am subject to a variety of massive regulations so i migh..."

"because i wanted to learn about it so i was talking to my guys by the way time space geography all gone like everyone who's a colleague of mine at infinite loops uh two are in india and one is in roma..."

"this uh we included that nft unlocked something and what it unlocked was a guest spot on infinite loops so so what happened was really cool and like talk about a virtuous flywheel so so we put it out ..."

"didn't want to be on the show he wanted to pay it forward so what he wanted to do was pick somebody who he thinks is way under the radar who he thinks should be way above the radar he did that and i d..."

"a platform as a layer two layer one solution with a layer two application layer that allowed people to suddenly start creating amazing dapps these dapps ended up becoming the ico boom where now not ju..."

"something that i'm been i've been stirring up on my side having a large community and a large network all around the world is i want to do something like that i want to create nfts where if you buy th..."

"identity in my opinion interesting and uh wasn't it a peter thiel uh uh winner of his uh don't go to college via entrepreneur who came up with ethereum i think it was uh vitalik vitalik buterin yeah y..."

"since 2016. so you know one of my little other themes is these guys are making a huge mistake and and the mistake that they're making is what just happened to you right so um if you think controlling ..."

"source and i also have my own domain that allows me to have control over it so i i i think i think many content creators will end up hitting those walls as they as they start to see that frankly it's ..."

"giving us nothing in return and frankly for people like you and i who sometimes can offend people uh we we're just gonna have enough you know we we want the ability to speak freely about who we are wh..."

"because like we were the fourth estate we were important we had status we matter and now everyone's just like yeah go away and so i haven't but isn't it grand watching them implode though i mean i thi..."

"on but peter here's the difference we would have given you 20 minutes on tv to have to have a conversation with me and mark and the other people who want to chime in we would have given you time to ou..."

"tail end of his tenure there by telling him that i said you're not actually a reporter you're not actually a journalist and he looked at me and he was like what i was like i studied for that and i sai..."

"journalists out there who do their diligence for months to make the story right they are not appreciated in the new model of news which is just like you said a 15-second clip it's got to be click-bait..."

"so i i'm curious because you brought this up and this is just rising up in my gut here jim with this and i wrote it down because i just loved it the internet is the is is the the the variable amplifie..."

"care i just don't care what i will do is they're gonna have to make it through so i i i'm very lucky to have some like really you know elite programmers as friends and so they're gonna have to make it..."

"get their bonafides i'm going to provide a platform that is going to allow them to do that there too they're going to get a piece of if i manage to sell it they're gonna see their percentage of that u..."

"wouldn't mind abs absolutely and and i would i would have to harken back and say that that quote that tweet of mine was probably inspired by some stoic reading um some marcus aurelius probably uh is i..."

"ask why i i would prefer to say why not this new thing okay so rhetorical flourishes aside listen human os doesn't have an operating manual and you got to study it and and not only and not only do you..."

"time again that means you get saturated intuition you always got to check right but um you you you it it just does very very bad things so i think that having that as one of in your tool kit is is rea..."

"this for just a second i'll let you respond i believe in and what i what i love to quote and i'll i hope i can own this because i say it all the time but i love smashing atoms together for me smashing..."

"there you go and like i i have a similar belief for somewhat slightly different reasons uh so my reasoning is we are losing a ton of uh nuance through screens and um you know evolution made us particu..."

"encouraging and insightful ah no it's fantastic i don't want to steal more of your time than i need um but i think you know the the cool thing that i'm hearing you say is like everything you've just s..."

"you can do to stop it like i always loved the ricky gervais uh little bit that he did which i think like just encapsulates internet culture better than anything and and it's like he he he does this ro..."

"has been absolutely fantastic um one more question and then i'm going to ask you the final question that we asked everyone um so so what do you think you seem really sympatico with the way i look at t..."

"always tell these young guys you're never at a lack of resources you're just lacking resourcefulness because everything that you want is already in existence actually frankly speaking there are people..."

"and now you have all of these tools which make you like ridiculously powerful you've got to learn how to use them you've got to be resourceful and as far as the manifesting thing goes so i tease peopl..."