O'Shaughnessy: OSAM Failed Three Times Attempting Short Strategies Internally
Patrick O'Shaughnessy · Patrick O'Shaughnessy – O'Shaughnessy Asset Management (First Meeting, EP.01) · Jun 10, 2019 · at 1:06:35
Patrick O'Shaughnessy, CEO of O'Shaughnessy Asset Management (OSAM), explains to Ted Seides why the quantitative asset management firm does not run dedicated long/short equity strategies.
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“We've done it with our own capital three times and failed miserably each time, not an absolute return sense, but certainly an opportunity cost sense because it's been during this great run up. So we've lost a lot of return with our own capital trying to do this.”
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