"yeah you should get a finder's fee no he shouldn't no he actually he should not get a finder in fact thank you david i appreciate it i'm going to charge him a fee [Music] hi i'm jim o'shaughnessy and ..."

"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..."

"millennial money fix now you wrote that with your wife heather right yeah we you wanna you wanna have a fun experiment write a book with your spouse yeah so i um my my wife edited all of my books so l..."

"one and jim do you remember what the most like uh painful argument was about like what section you thought that she said was bad actually jamie i do um and it wasn't even the book yet it was the artic..."

"what you dealt with there jim um we're survivors we are we are but you know it was an actually excellent exercise for me because it was one of those wake-up calls that i had gotten i i was the editor ..."

"now being listed as one of the best photographers in the world which i think is awesomely cool but she does it with her photos too her ability to ruthlessly edit both me but also herself is like i was..."

"perfected i think like you have 170 000 followers on twitter and and you use humor extensively um in your in your twitter feed uh which presumably is also part of your digital marketing strategy right..."

"other advisors on there and are they the guys who are smashing the like button that's a really good question like who the audience is um at least on the second one so is that pandering to other profes..."

"importance than people dming me saying hey can we set up a console or setting up a console through the website and saying hey i like your feed so if i would break it out for you i would say over the l..."

"next and somewhat obvious question i mean how do you scale this is is that a possibility do you expand you hire other advisors what's the plan yeah we just hired our first associate last summer um con..."

"jamie jamie who would be so stupid oh god some [ __ ] no doubt jamie showed up yeah jamie showed up in my office one day you know before you hired him he's good at that yeah he's really good at that i..."

"zoom is native to us you know i'm working with a 28 to 42 year old demographic here literally very very busy people who would prefer not to schlep my office to go do something when we can just do this..."

"it's like to get the stink eye to get the who are you sit in the meetings where you know when i was early in my career working with my father i remember just clients being uncomfortable i was there yo..."

"so so i'm gonna i'm gonna be the guy uh to to prove a point that why what i think i don't deal with end clients as you know i deal with people like you and other advisors etc but i have dealt with end..."

"yeah we've made this really easy for the public to understand who's what i mean no we've done an absolutely terrible job with the amount of jargon not just in our respective crafts right in financial ..."

"we've been very effective at not just being a first mover in getting an underserved demographic you go back six years saying you're gonna go work for millennials any manager at a shop would laugh at y..."

"your you know trusts are integrating with your tax planning and why we need to you know gift them right now you'd be like yeah i'm looking for alpha you know like yeah what the hell are you talking ab..."

"and it was a guy at undisclosed brokerage who said i said bud light literally i didn't even know that the challenger had exploded and like he's already on the phone making jokes and i'm like this is y..."

"because money's the last taboo right it seems to me and and people will openly talk about their sex lives but man you try to get them to talk about money and there's just so many things like lurking i..."

"consistency goals repeat it's easy to say but doing it humans are terrible at this particularly with money um i'm numb to my marrow when it comes to market volatility uh you you you do personal financ..."

"destruction option uh that we could deploy listeners i'm kidding morgan does not have a restraining order no he does not we and we uh give him a hard time because we love him so much but enough of tha..."

"not the piece that is the or anything that could become commoditized and there's a lot of things that have become commoditized yeah so i i've said often that arbitraging human nature is the last susta..."

"um and probably i'm gonna go on to some real whoppers uh but uh one of the ones i made was merrill lynch i i had uh an arrangement with them i was a consultant to merrell providing them with stocks fo..."

"people i saw freaking out did not there it is that's that's right there and i got to i got to sharpen my saw on that in 2008 nine moved to new york you know left south florida moved to new york city i..."

"again so for literally 13 years of shaping and building myself into you know the advisor and the firm that i have today um i i was i was prepping clients in the conversations finessing how to not terr..."

"i thought i was going to be very effective given i had a decade to prep train plan around an event like this and i thought i could get a lot more people than i did to take that dry powder or to really..."

"yeah 80 of the practice you know i forced them to buy that dip that would just be terrible right yeah um and listen uh you know again not my first rodeo and like when you see it time and time and time..."

"at me and crickets man i actually went down to one of our longest term advisors in washington dc um and i was with my my my rep uh who normally would call on him we we step into his office and i'm rea..."

"this was a guy who could tell our story backwards better than me and like people just like during that those crunch times he got shook yeah if you can say if you can save people during those times man..."

"the world of crypto most specifically bitcoin i had a really smart friend who i love uh very dearly um call me up one day shortly after getting married in 2013 start you know going on about hash rates..."

"for doing nothing and same spot because that minor is going to turn obsolete in six months it's hashing power you know degrades as the algorithm gets harder to solve or the the equation gets harder to..."

"know uh wow that was a while back anyways going going long here i've been playing around in this space for for eight years and observing and then these nfts come along you know last year um i got a ca..."

"crying out loud i'm like wow yeah i'm an idiot so um i was like okay i get it i i think i get it you know wait i think what i get is that if this is really about this is what i did know if it's about ..."

"an owner another nft that you could burn at any time and get a real pair of socks drop shipped to you with toads on it and then you were laughing it sounds so silly but that was the light bulb that we..."

"player 1 metaverse you know out in some it's not that it's not that i saw really good tweet threads about it just just think integration digital to real world and that requires bridges between the two..."

"type activity so you're safe with coffee not that i was gonna do the other two um so you're safe with coffee here um i'm gonna i'm gonna edit this to make a team like specifically say that yeah [Music..."

"straight you just got to get good at putting stuff out there and knowing 80 of it's gonna suck and this could have this could have sucked a star is a line heathers has a connection from childhood who'..."

"game the people who do are probably i've already been building something in this space well before you because they're a lot smarter at it than you but it shouldn't stop you from taking it so what we'..."

"experience is a big big problem discord servers and people getting you know clicking on stuff that robs them up their wallet is a massive problem this isn't stuff you want to get your sister brother a..."

"one of the worst things i see is maximalist type thinking which is likely the most toxic and exclusive behavior out there even the best biggest religions in the world figured out that you should proba..."

"childini that that is a viable strategy for a very very tiny segment of the market right that excellent this isn't it yeah and this isn't it i but i also feel compelled to ask you do you have in this ..."

"just build it for the you know the silo you're never escaping the silo so we're building it for for the coffee population and showing ultimately how roasters businesses can tap into something like sta..."

"that drip token right and basically you can earn coffee anywhere doing the things you ordinarily do what if you finished a 5k run up the east side river and said congratulations here's some drip in fo..."

"coinbase gemini account for the first time experience that go buy a token learn to trust a trustless system there's no 1 800 blockchain to call you gotta you gotta you know trust math now you should b..."

"made absolutely absolutely all day all day and and so so that message which i think is the most important message like how [ __ ] up does it get from these guys who who got inducted into these cults l..."

"remove them from the game altogether that's what someone i don't i you know let's be very very clear i want everyone to win i want everyone to make money of course guess what guess what's also true no..."

"that could could be really fun to play and that like everyone started when they were 18 and by the time they were 28 they were already investing money and they like they didn't even know it that'd be ..."

"didn't even lose seven it wasn't even a 730 it wasn't even real it wasn't even real they thought they were in over their head and then you you know i was extremely critical of robin hood here now pair..."

"this is one of our own where it hit home and i was just like i talked to him i said bill can i write this thing i want to make sure i'm not he's like no no we need you know we need that go for it got ..."

"guests and a good friend of both of us you know tyrone and i have gotten into heated arguments on my earn the right to invest and he'll come from the stance that access above all else and he'll be lik..."

"right to invest everybody wants to jump into the hot sexy sizzle you know uh zero commission free trading platforms with confetti finally i know they don't do that anymore it's a good joke but confett..."

"change their lives um i i always want to i never want to rob an organization or a person who's coming from a place of financial responsibility and financial literacy it's like fire movement like yeah ..."

"know i want to get out there give him give him like give him uh just a couple of tips on on how not to suck on twitter oh wow um how much time do we have left no i'll give you a few definitely give yo..."

"at i learned very quickly i'm never going to write like some of our friends and peers who are absolutely amazing at it right they're going to write like morgan right and by the way that's what he lite..."

"tell you um as an immediate tip is before you dive into that thing you think you're good at um i literally networked my way into thin twit like shamelessly sliding i mean it was work i found you i fou..."

"behavior jim i agree i creeped in i i i agree and and and like a total number of followers i could care less i um likes i could care less right i i just like you know it's like i'm jealous of that i i..."

"jokes themselves are 40 formats that i know always work and that that i call that pandering jokes versus the google one you did at the beginning of this yeah that was just whimsical like oh cool circu..."