Average Guy Investing

In this clip James O’Shaughnessey expresses his opinion that we are mid way through the recession.  Jim notes that he is a buyer here. O’Shaughnessey says that like the Fed we are all in. O’Shaughnessey is known for his rigorous analysis of data going back over the last hundred years.

http://www.cnbc.com/id/15840232?video=968736674&play=1

O’Shaughnessey’s book, What Works on Wall Street was listed as recommended reading on the sylabus for Joel Greenblatt’s 2006 Value and special situation investing class at Columbia University.  In this book O’Shaughnessey lays out the performance data for a number of strategies, examining what has worked on Wall Street over the last 50 years. What works on Wall Street is a must have reference work for the long term value investor.