Modern Wisdom

Podcast Notes Key Takeaways

• We are moving from a physical world towards a more digital one and we have to adapt our skillsets to maintain a competitive edge. Some tips on how to prepare:
  • Be endlessly curious. Consume as much knowledge as you can from various sources
  • Your “proof of work” is always on display online and is more important than your Ivy League degree
  • Don’t become prematurely certain. Keep in mind, “We are deterministic thinkers living in a probabilistic world” –  Jim O’Shaughnessy
  • Be responsible and own both your successes and failures.
• If knowing one of your perspectives allows the prediction of all of your beliefs, then you are not a serious thinker
• Wealth and happiness lie in being able to do what you want, when you want, how you want, with who you want.
  • “Do what feels like play to you, but looks like work to others” – Naval Ravikant
• Writing about something is the fastest way to test your understanding. Write about what you want to be and how you will get there
• Always remember, “Play stupid games, win stupid prizes”. The stupidest games multiply your life by zero (e.g., texting while driving)

Read the full notes @ podcastnotes.org

Jim O'Shaughnessy is an investor and the founder, Chairman, and Chief Investment Officer of O'Shaughnessy Asset Management.

Time, space and geography are collapsing. The richest people on the planet are no longer in charge of labour or buildings, they're symbol manipulators. The skillsets we need today are completely different to what was needed 50 years ago, let alone 500. Jim is here to give us some advice on how we can survive this catastrophic reshuffling.

Expect to learn why 2020 was the best thing to happen to talented people in the developing world, the danger of grade-inflation in top flight universities, why we both have a man-crush on Rory Sutherland, why Isaac Newton was a dick and much more...

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Extra Stuff:

Check out Jim's company - https://www.osam.com/ 

Check out Jim's Podcast - https://www.infiniteloopspodcast.com/ 

Follow Jim on Twitter - https://twitter.com/jposhaughnessy

Rick and Morty and The Meaning Of Life 1 - https://hackernoon.com/rick-and-morty-and-the-meaning-of-life-6640df17e263

Rick and Morty and The Meaning Of Life 2 - https://medium.com/@dan.jeffries/rick-and-morty-and-the-meaning-of-life-part-ii-screw-enlightenment-become-an-adult-instead-e1b2ec832e4e

Jim's Superthread - https://twitter.com/jposhaughnessy/status/1343371350493319169

Another Jim Superthread - https://twitter.com/antilibrary_vk/status/1164959690234593280

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