Jim O'Shaughnessy developed his passion for money management as a teenager, listening to his uncles argue about their stock portfolios. The discussions were heated and passionate, and revealed strong opinions about which CEO was smarter or what business model was better. Jim started to question if there might be a more scientific and less emotional way to invest.

In 1987 he founded O'Shaughnessy Capital Management. At this new equity research firm he began to put some of his investment theories into practice. The evidence he found supporting empirically tested, disciplined and quantitative investing began to mount. In his 1994 book, "Invest Like the Best," Jim revealed that you could outdo the world's best portfolio managers by simply copying their fundamental stock selection principles, and then implement their ideas with more rigorous discipline.

In 1996 he published the bestselling "What Works on Wall Street," a methodical, empirical research study that uncovered the best fundamental characteristics for buying stocks over the last 50 years. The book cemented O'Shaughnessy's belief that a quantitative, disciplined and emotionless investing process was superior to conventional active management. The publication also marked O'Shaughnessy's entry into the asset management business.

In 2001, Jim and his team joined Bear Stearns Asset Management (BSAM), thereby gaining greater access to the high net worth investor and institutional marketplaces. Through a combination of continued strong performance in the O'Shaughnessy portfolios and a longer real-time track record, assets under management grew faster than any other manager at the firm, growing from under $1 billion in 2001 to over $13 billion in 2007.

In 2007 BSAM and the O'Shaughnessy team agreed to an amicable separation, allowing Jim and his team to return to their entrepreneurial roots. In return for a minority ownership position in the new firm, O'Shaughnessy Asset Management (OSAM), BSAM agreed to let the entire portfolio management team join OSAM with the strategies' full track records in place. OSAM remains the sub-adviser to a number of BSAM clients. Other clients are contracting with OSAM directly.

As of June 30, 2007 Jim and his team managed $13.1 billion across more than fifteen quantitative equity strategies. Our clients include financial companies, institutional investors, financial advisors and their high net worth clients.

AUM for total assets, individual strategies, and other strategy statistics are based on investments managed by Jim O'Shaughnessy's Systematic team at Bear Stearns Asset Management (BSAM) as of 6/30/07. In September, 2007 Mr. O'Shaughnessy and his portfolio management team will become dual employees of both BSAM and O'Shaughnessy Asset Management, LLC (OSAM), and will remain as such until trading and portfolio management systems are fully operational at OSAM, and most accounts have been transferred (on or about 12/31/07). These strategies are all based on quantitative models that will not deviate upon conversion to OSAM. Mr. O'Shaughnessy and his entire portfolio management team will be joining OSAM, and the track records for his strategies will be transferred as well. OSAM has received strong indication from our clients that after the transition from Bear Stearns is complete OSAM will manage over $11 billion.