Jim O’Shaughnessy on Twitter, Navigating the Current Market, and our Artificially Intelligent Future
Best of Panic – Investing for Profit and Joy
In this Best of Panic re-run from November ‘22, Jim O’Shaughnessy came back for a record fourth appearance.
The previous time he was on, we talked about the real panic; I’d come back from vacation fired out of a cannon – only wanting to talk to my close friends or pimp some of our companies. But this time around I had a lot to talk to Jim about. He was guest number one on the show and since then the Fed had hiked another 75 basis points, Meta had imploded (and has since turned around), and we were in the first innings of a new owner at Twitter. It’s fun to jump in a time capsule and explore how we were thinking about things at the time.
Once again, Jim was the calm voice of reason that helped us navigate the turbulent times we found ourselves in.
You can listen to the podcast here on Spotify or Apple podcasts, and now all the episodes are on my YouTube channel as well. You can click subscribe on any of these channels and get the podcast alert each week.
You can also listen right here on the blog:
For more details on today’s conversation read on below…
Guest: Jim O'Shaughnessy
What is Jim Panicked About? I'm panicked about not being panicked.
Welcome Jim (5:29)
Strategy & Tactics (7:46)
Decision time (10:30)
Elon Musk (12:58)
Fixing Twitter (13:39)
Dealing with trolls (17:26)
The real reason Elon bought Twitter (23:06)
Excited about Artificial Intelligence (27:10)
AI ethics (30:02)
AI in medical research (31:45)
AI legal use case (33:15)
An Open AI is critical (36:05)
First $1B single creator LLC (36:34)
Old Models are collapsing (37:25)
A “Thiel-style” scholarship (39:09)
A revolution in Education (45:12)
A real meritocracy (45:56)
Human nature doesn’t change (48:19)
The next Robinhood could be Robinhood (49:46)
Wrapping up (53:05)
Closing thoughts (56:58)