Currency quoting conventions (some as foreign per dollar, some as dollar per foreign) create unnecessary cognitive friction that persists despite being 'dumb'; O'Shaughnessy still has to think about which direction he wants even after 35 years, and firms won't change because they'd eventually make errors due to muscle memory.

factualpending

Speaker

Jim O'Shaughnessy

Evidence Quote

CUZ WE'RE GOING TO TRADE IT and do the opposite of what we intend at some point.

Source

Surviving the Meme Stock Bubble | Cliff AsnessInfinite Loops
Created: 8/12/2026, 5:59:18 PM

My Notes

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