The Meb Faber Show: “Ben Carlson: The Most Dangerous Investing Myth We All Love”
The Meb Faber Show: “Ben Carlson: The Most Dangerous Investing Myth We All Love”
Today’s guest is Ben Carlson of Ritholtz Wealth Management, author of A Wealth of Common Sense and host of the Animal Spirits podcast.
In today’s episode, Ben unpacks the counterintuitive math behind long term investing. He reveals that picking the wrong asset every year still makes money, that the average up year tops 20%, and that stocks grow less volatile than bonds the longer you hold. To close, Ben explains why patience has never been harder.
To see links or read the transcript of the episode, visit us at: https://www.themebfabershow.com/episo…
(0:00) Starts
(2:05) Ben Carlson on the secret to investing
(5:00) The worst investor ever
(15:20) Tax management as new alpha
(17:12) Inflation’s impact on asset classes
(21:06) “Now do Japan”
(33:02) Lessons from bear markets
(41:54) Discretionary investing challenges
(46:31) Poor performance of hyperactive traders
Pre-order Investing in America: The Rise Of A 250-Year Bull Market https://amzn.to/4dNRKOt
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