Episode
#326 - Jim O'Shaughnessy - Surviving The Great Reshuffle
1:27:02
Published: Thu May 27 2021
Description
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... Sponsors: Get over 37% discount on all products site-wide from MyProtein at http://bit.ly/modernwisdom (use code: MODERNWISDOM) Get 20% discount on Reebok’s entire range including the amazing Nano X1 at https://geni.us/modernwisdom (use code MW20) 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 Get my free Ultimate Life Hacks List to 10x your daily productivity → https://chriswillx.com/lifehacks/ To support me on Patreon (thank you): https://www.patreon.com/modernwisdom - Get in touch. Join the discussion with me and other like minded listeners in the episode comments on the MW YouTube Channel or message me... Instagram: https://www.instagram.com/chriswillx Twitter: https://www.twitter.com/chriswillx YouTube: https://www.youtube.com/ModernWisdomPodcast Email: https://www.chriswillx.com/contact
Chapters
In this podcast highlights, Chris Williamson discusses how 2020 was the best thing to happen to talented people in the developing world, the danger of grade inflation in top-flight universities, and more.
00:00 - 02:46 (02:46)
Summary
In this podcast highlights, Chris Williamson discusses how 2020 was the best thing to happen to talented people in the developing world, the danger of grade inflation in top-flight universities, and more.
Episode#326 - Jim O'Shaughnessy - Surviving The Great Reshuffle
PodcastModern Wisdom
Get 20% discount on all products including clothing, footwear, weight belts, and lifters by using the code MW20.
02:46 - 07:23 (04:36)
Summary
Get 20% discount on all products including clothing, footwear, weight belts, and lifters by using the code MW20. The code "modernwisdom" will provide the maximum discount available throughout the year. Also, check out the new vegan pair of float rides.
Episode#326 - Jim O'Shaughnessy - Surviving The Great Reshuffle
PodcastModern Wisdom
The advancement in technology has transformed the way people think about creating wealth.
07:23 - 12:04 (04:40)
Summary
The advancement in technology has transformed the way people think about creating wealth. The digitization of ideas has created opportunities for people with unique skills and characteristics to turn their thoughts into billions of dollars.
Episode#326 - Jim O'Shaughnessy - Surviving The Great Reshuffle
PodcastModern Wisdom
Covid-19 had a disparate impact on individuals with talent in developing countries versus those without talent in developed countries.
12:04 - 18:23 (06:18)
Summary
Covid-19 had a disparate impact on individuals with talent in developing countries versus those without talent in developed countries. The pandemic provided opportunities for talented individuals through multiple distribution channels while simultaneously highlighting the limitations of linear thinking.
Episode#326 - Jim O'Shaughnessy - Surviving The Great Reshuffle
PodcastModern Wisdom
The ability to frame things well is a powerful tool in helping people understand complex ideas.
18:23 - 23:35 (05:12)
Summary
The ability to frame things well is a powerful tool in helping people understand complex ideas. This is exemplified in the discoveries made during the Enlightenment, which were due to Sir Isaac Newton's ability to build intellectual scaffolding.
Episode#326 - Jim O'Shaughnessy - Surviving The Great Reshuffle
PodcastModern Wisdom
Joe Rogan and his wife question the use of the term "enlightenment" and discuss how spiritual teachers can monetize their reputation with devoted followers, using Andrew Yang's campaign as an example.
23:36 - 31:40 (08:04)
Summary
Joe Rogan and his wife question the use of the term "enlightenment" and discuss how spiritual teachers can monetize their reputation with devoted followers, using Andrew Yang's campaign as an example.
Episode#326 - Jim O'Shaughnessy - Surviving The Great Reshuffle
PodcastModern Wisdom
The nuance of political opinions can not be categorized simply as left or right wing ideology.
31:40 - 38:22 (06:42)
Summary
The nuance of political opinions can not be categorized simply as left or right wing ideology. Opinions on different political issues such as immigration or gun rights should not be impacted by each other.
Episode#326 - Jim O'Shaughnessy - Surviving The Great Reshuffle
PodcastModern Wisdom
A journalist recounts the decision they made in the past to prioritize influence and networking over making money, and how personal relationships can enhance the trade-off.
38:22 - 45:49 (07:26)
Summary
A journalist recounts the decision they made in the past to prioritize influence and networking over making money, and how personal relationships can enhance the trade-off.
Episode#326 - Jim O'Shaughnessy - Surviving The Great Reshuffle
PodcastModern Wisdom
The speaker discusses the cultural belief that intelligence is fixed, and even highly educated people can still hold onto these beliefs.
45:49 - 55:41 (09:52)
Summary
The speaker discusses the cultural belief that intelligence is fixed, and even highly educated people can still hold onto these beliefs. Smart people are also revealed to be the easiest to fool.
Episode#326 - Jim O'Shaughnessy - Surviving The Great Reshuffle
PodcastModern Wisdom
The speaker suggests watching and reading broadly, taking recommendations from people you resonate with on social media, and listening to podcasts of people that interest you.
55:41 - 1:02:55 (07:13)
Summary
The speaker suggests watching and reading broadly, taking recommendations from people you resonate with on social media, and listening to podcasts of people that interest you. One of the most common ways that people in his age group get injured is when they get back into a sport they used to play as a kid, after a long break.
Episode#326 - Jim O'Shaughnessy - Surviving The Great Reshuffle
PodcastModern Wisdom
The key to happiness is being able to do what you want, when you want, with who you want for as long as you want, and no one can tell you otherwise.
1:02:55 - 1:08:55 (06:00)
Summary
The key to happiness is being able to do what you want, when you want, with who you want for as long as you want, and no one can tell you otherwise. It's important to not let survivorship bias or a narrow worldview hold you back from pursuing what animates you.
Episode#326 - Jim O'Shaughnessy - Surviving The Great Reshuffle
PodcastModern Wisdom
When you think like an owner instead of an employee, you naturally retain more agency in yourself, and what might seem like a bad grind can actually spark joy.
1:08:55 - 1:14:49 (05:53)
Summary
When you think like an owner instead of an employee, you naturally retain more agency in yourself, and what might seem like a bad grind can actually spark joy. This mindset can help you understand why you have strong brand loyalty and see synchronicities in your life.
Episode#326 - Jim O'Shaughnessy - Surviving The Great Reshuffle
PodcastModern Wisdom
The speaker gives a tip on the fastest way to know whether you know something or not - write it out.
1:14:49 - 1:19:51 (05:01)
Summary
The speaker gives a tip on the fastest way to know whether you know something or not - write it out. He also talks about a brilliant professor at Harvard who liked the limelight.
Episode#326 - Jim O'Shaughnessy - Surviving The Great Reshuffle
PodcastModern Wisdom
Linguistics plays a pivotal role in shaping our thoughts as it provides a way to express our ideas, concepts, and emotions with others.
1:19:51 - 1:25:08 (05:17)
Summary
Linguistics plays a pivotal role in shaping our thoughts as it provides a way to express our ideas, concepts, and emotions with others. Without language, our ideas remain trapped within us, highlighting the significance of a good vocabulary in communication.
Episode#326 - Jim O'Shaughnessy - Surviving The Great Reshuffle
PodcastModern Wisdom
Colossus.com is a platform where users can search for domain experts' conversations on a particular topic, find the corresponding transcript and read compelling stories on modern wisdom.
1:25:08 - 1:27:01 (01:53)
Summary
Colossus.com is a platform where users can search for domain experts' conversations on a particular topic, find the corresponding transcript and read compelling stories on modern wisdom. An ad for Reebok's site-wide sale with a discount code is mentioned at the end of the transcript.