Jamie Catherwood, Vice President, O’Shaughnessy Asset Management, Applies Buffett's 'innovator, imitator and idiot' concept, Episode 56

Investing Matters

Here is a wonderful opportunity to gain insight into the fantastic and hugely successful journey of Jamie Catherwood, a Vice President at O’Shaughnessy Asset Management, a quantitative long-only equity firm and leading Custom Indexing provider. Whilst also being the founder of Investor Amnesia LLC, a company dedicated to financial history content with over six-figures in revenue since its 2020 launch.

Investor Amnesia has a weekly newsletter with 15,000 subscribers, thousands of monthly web visitors, and two online history courses featuring lectures from Marc Andreessen, Jim Chanos, Niall Ferguson and more. Its success and rapid rise have led to Jamie gaining multiple appearances on BloombergTV, the Bloomberg OddLots Podcast, annual guest lectures at Yale University’s School of Management, and keynote presentations at finance conferences across America.

Jamie’s interests in finance and investing began whilst he was History student at Kings College, London. However, he didn’t any real opportunities to learn about investing outside of a few economic history courses he took. On advice from a close friend, Jamie began listening regularly to two podcasts: Invest Like the Best by Patrick O’Shaughnessy & Masters in Business by Barry Ritholtz to enhance his knowledge of finance, investing, the markets and he would research every term he did not understand.

After graduating with his BA Honours History Degree, Jamie got his first job at Arthur J. Gallagher in their Institutional Investment Consulting division. Which managed portfolios for large pension plans and other institutions, handling asset allocation, manager due diligence and selection.

Jamie’s serendipitous journey from A J Gallagher to being headhunted to join O’Shaughnessy Asset Management by Patrick and Jim O’Shaughnessy by March 2019 is a fantastic and must listen.

This fascinating and inspiring Investing Matters interview with Jamie Catherwood (also known as the Finance History) also includes our discussion on:

- What is the biggest risk to your portfolio?

- The Magnificent 7 outperformance: Amazon Apple Google Meta Microsoft Nvidia Tesla;

-Quantitative equity management;

-Book by Jim O’Shaughnessy, “What works on Wall Street”

-Overview of O’Shaughnessy Asset Management & its services;

-Canvas & Custom indexing;

-Direct indexing;

-Factoring investing;

-Tax efficient investing;

-Quantitative investing factors / characteristics;

-History of human behaviour / emotional;

-Jamie’s personal investing strategy & lessons;

-Crypto & Bitcoin

-Compounding investing returns;

-The rapid rise of Investor Amnesia, plus an overview of its offerings;

-Financial history;

-Historical bubbles and mania;

-The importance of Dutch financial innovation;

-Anne Golgar’s book, “Tulip Mania: Money, Honor, and Knowledge in the Dutch Golden Age”

-What are Warren Buffett’s Three I's?

-Why history should be thought of as a compass and much more.

We hope you enjoy this podcast, and we look forward to hearing your feedback.

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