James Patrick O'Shaughnessy (born May 24, 1960) is an American investor and venture capitalist, currently serving as the CEO of O'Shaughnessy Ventures. He is the founder of O'Shaughnessy Asset Management, LLC (O'Shaughnessy Asset Management, LLC|OSAM), an asset management firm that Franklin Templeton later acquired.[1]
O'Shaughnessy started his own mutual funds under the names Cornerstone Growth and Cornerstone Value in 1996.
In 1997, the Royal Bank of Canada (RBC) launched the RBC O'Shaughnessy mutual funds for Canadian investors. Currently, there are seven mutual funds in the RBC O'Shaughnessy funds family.
O'Shaughnessy Capital Management
After graduating, O'Shaughnessy worked for a family-owned venture capital firm. During this time, his interest in quantitative research was recognized by a colleague who was on the board of directors with O'Shaughnessy at the St. Paul Chamber Orchestra. The colleague suggested that O'Shaughnessy's research might be well suited for pension plan management. In 1988, O'Shaughnessy started O'Shaughnessy Capital Management, Inc. and began consulting large pension funds and foundations.[2]
Netfolio
In 1999, O'Shaughnessy started Netfolio, The Personal Fund Company, to offer individual investors the ability to build their own diversified portfolio over the internet.[4] The company was closed in 2001.[5] As part of Netfolio's concentration on "personal funds", O'Shaughnessy Capital Management sold its mutual fund family to Hennessy Advisors in June 2000.[6]
In 2007, O'Shaughnessy reached an agreement with Bear Stearns to spin his Systematic team out of BSAM to form O'Shaughnessy Asset Management, LLC.[7][8] O'Shaughnessy Asset Management was acquired by Franklin Templeton in 2021.[9] O'Shaughnessy later announced that he'd retire at the end of 2022.[9]
O'Shaughnessy Ventures
In January 2023, O'Shaughnessy launched his self-described passion project, O'Shaughnessy Ventures, a "creative company that inspires creators". O'Shaughnessy Ventures focuses on 4 specific areas: Infinite Adventures, Infinite Films, Infinite Media, and the O'Shaughnessy Fellowships program.[10]
In addition to its flagship investment into Stability Ai, O'Shaughnessy Ventures' other key investments include Positive Sum, Chaotic Capital, Permanent Equity, Anchorless Bangladesh, Prefect, Synthesis School, Eighty-Seven Capital, Entrepreneur First, and Ladder.[10]
Personal life
O'Shaughnessy married his wife Melissa in August 1982. O'Shaughnessy has 3 children and 5 grandchildren.
In 1991, O'Shaughnessy moved his family to Greenwich, Connecticut, to be closer to the New York area, where most of his business was located.
Predicting the Markets of Tomorrow: A Contrarian Investment Strategy for the Next Twenty Years, 2006, Penguin Group. ISBN1-59184-108-9.
Commentary authored by
"A Generational Opportunity." Yahoo! Finance, March 17, 2009.
"Successful Active Stock Investing is Hard: Here are Seven Traits that I Believe are Required for Active Investors to Win in the Long Term." Yahoo! Finance, March 13, 2017.
"What Works on Wall Street." Talks at Google, March 21, 2017 (Published April 5, 2017).
Books about
Angenfelt, Magnus (2013). The World's 99 Greatest Investors: The Secret of Success. Sweden: Roos & Tegner. pp. 158–159. ISBN978-91-86691-53-0.
Reese, John P.; Todd Glassman (2002). The Market Gurus: Stock Investing Strategies You Can Use from Wall Street's Best. Chicago, IL: Dearborn Trade Publishing, a Kaplan Professional Company. ISBN0-7931-4595-3.
Reese, John P.; Jack M. Forehand (2009). The Guru Investor: How to Beat the Market Using History's Best Investment Strategies. Hoboken, NJ: John Wiley & Sons. ISBN978-0-470-37709-3.
