325. Ben Carlson: common sense rules for the perfect portfolio
Ben Carlson is one of the most respected voices in personal finance and investing. He is the author of Risk and Reward, Director of Institutional Asset Management at Ritholtz Wealth Management, and creator of the widely acclaimed blog A Wealth of Common Sense. In this episode, we discuss risk, returns, inflation, bonds, stocks, and investor psychology. We explore why risk is the unavoidable price investors must pay to achieve higher returns, how to live with market uncertainty, and what it truly means to invest with a long-term perspective. We talk about the famous “Bob, the world's worst market timer”, the importance of staying committed to your investment plan even when the urge to act is strongest, and how to build a portfolio capable of withstanding the changes and crises of the coming decades. We also discuss AI, markets at all-time highs, elevated valuations, and the challenges investors face in an environment that is becoming increasingly fast-paced, complex, and noisy. This episode is packed with practical insights, timeless reflections, and lessons in common sense from one of the world’s most respected financial educators. 📖 Risk and Reward by Ben Carlson: https://amzn.to/4fM5Lig (00:00) Why does doing nothing feel so irresponsible — even when it's the smartest move? (01:21) Risk and Reward: why risk is the most important word in investing (04:11) The pendulum between fear of volatility and fear of missing out (09:53) Passive investing is not lazy. It's the hardest work you'll ever do (18:01) Recency bias: why your brain is wired to repeat the last trade forever (25:20) The best inflation hedge nobody talks about: a good job (35:36) OpenAI, Anthropic, SpaceX IPOs: should index investors be worried (39:37) One rule to survive the next decade: less is more Prodotto e distribuito da Corax. 🔔 Segui The Bull per non perdere i prossimi episodi! Vuoi rimanere aggiornato sui mercati? Ogni domenica mattina la newsletter di The Bull: analisi dei mercati, letture consigliate e i rendimenti degli indici principali. Iscriviti gratis qui! 📲 Ascolta “The Bull” su YouTube, Apple Podcasts e su tutte le altre piattaforme dedicate! Instagram LinkedIn TikTok YouTube Apple Podcasts Amazon Music =============================================== ATTENZIONE: I contenuti di questo canale hanno esclusivamente finalità di informare e intrattenere. Le informazioni fornite sul canale hanno valore indicativo e non sono complete circa le caratteristiche dei prodotti menzionati. Chiunque ne faccia uso per fini diversi da quelli puramente informativi cui sono destinati, se ne assume la piena responsabilità. Tutti i riferimenti a singoli strumenti finanziari non devono essere intesi come attività di consulenza in materia di investimenti, né come invito all'acquisto dei prodotti o servizi menzionati. Investire comporta il rischio di perdere il proprio capitale. Investi solo se sei consapevole dei rischi che stai correndo. Learn more about your ad choices. Visit megaphone.fm/adchoices