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Stock market history is too short to settle much: it holds only three non-overlapping thirty-year periods.

Drawn from what Ben Carlson said

Subjectstock market
What this subject means

stock market Equities as a whole: what returns have been, whether prices carry information, and what attention does to them.

Interesting
A private bookmark. Not a position, and never counted.

What Ben Carlson actually said

Word for word, with the source under each one. They did not write this page.

  1. Ben Carlson

    Director of institutional asset management at Ritholtz…

    But if you think about this another way, there have only been three non-overlapping 30 year periods in modern stock market history.

    Where this was said

    ↗10 Things You Need to Know About Investing in Stocksawealthofcommonsense.com

    All 3 korrents from this piecethis one is 3rd

Added to korrents 27 Aug 2026 · How quotes work · Something wrong? Tell us

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17 connected korrents · 13 moments on record from 14 Mar 2014 to 6 Sept 2026.

Everything filed under stock market stock market Everything filed under SaaS SaaS Everything filed under market efficiency market efficiency Everything filed under value investing value investing Same subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subject Read this korrent: Stock market history is too short to settle much: it holds only three non-overlapping thirty-year periods. Stock market history is too short tosettle much: it holds only threenon-overlapping thirty-year periods. Last stated 2 weeks ago 27 Aug 2026 BC Ben Carlson — holds since 2026-08-27 — tap for who they are Same subject: Almost all of the dot-com era's exuberance turned out to be warranted; we remember the failures and forget the value that era created. — tap to centre the map on it Almost all of the dot-com era'sexuberance turned out to bewarranted; we remember the failuresand forget the value that eracreated. Last stated a year ago 18 Aug 2025 BT Bret Taylor — holds since 2025-08-18 — tap for who they are Same subject: Almost no mutual fund earns the fees it charges, so most investors are better off buying an index fund. — tap to centre the map on it Almost no mutual fund earns the feesit charges, so most investors arebetter off buying an index fund. Last stated 3 years ago 20 Feb 2024 BA Bill Ackman — holds since 2024-02-20 — tap for who they are Same subject: An investor's starting point should be the portfolio that is best to hold independent of any tactical market view — tap to centre the map on it An investor's starting point shouldbe the portfolio that is best tohold independent of any tacticalmarket view Last stated 2 weeks ago 25 Aug 2026 RD Ray Dalio — holds since 2026-02-19 — tap for who they are NM Nick Maggiulli — holds since 2026-08-25 — tap for who they are Same subject: Cash transfers are the index fund of development: the benchmark every actively managed aid programme should have to beat. — tap to centre the map on it Cash transfers are the index fund ofdevelopment: the benchmark everyactively managed aid programmeshould have to beat. Last stated 12 years ago 14 Mar 2014 CB Chris Blattman — holds since 2014-03-14 — tap for who they are Same subject: Investing well requires reversing the human instinct to grow excited as prices rise and fearful as they fall. — tap to centre the map on it Investing well requires reversingthe human instinct to grow excitedas prices rise and fearful as theyfall. Last stated 3 years ago 20 Feb 2024 BA Bill Ackman — holds since 2024-02-20 — tap for who they are Same subject: Losing money periodically is a normal part of owning stocks, not a sign that something has gone wrong. — tap to centre the map on it Losing money periodically is anormal part of owning stocks, not asign that something has gone wrong. Last stated 2 weeks ago 27 Aug 2026 BC Ben Carlson — holds since 2026-08-27 — tap for who they are Same subject: Rising concentration in the stock market is a feature of bull markets rather than a warning sign. — tap to centre the map on it Rising concentration in the stockmarket is a feature of bull marketsrather than a warning sign. Last stated yesterday 6 Sept 2026 BC Ben Carlson — holds since 2026-09-06 — tap for who they are Same subject: SaaS stocks are a buy right now. — tap to centre the map on it SaaS stocks are a buy right now. Last stated 3 months ago 24 May 2026 DS Dan Shipper — holds since 2026-05-24 — tap for who they are Same subject: Even the most advanced AI cannot be followed blindly in investing, where value added is zero-sum and what is widely known is therefore worth little. — tap to centre the map on it Even the most advanced AI cannot befollowed blindly in investing, wherevalue added is zero-sum and what iswidely known is therefore worthlittle. Last stated 3 months ago 10 Jun 2026 RD Ray Dalio — holds since 2026-06-10 — tap for who they are Same subject: Technology has made markets less efficient at long horizons rather than more efficient. — tap to centre the map on it Technology has made markets lessefficient at long horizons ratherthan more efficient. Last stated 2 years ago 3 Sept 2024 CA Cliff Asness — holds since 2024-09-03 — tap for who they are Same subject: The efficient market hypothesis is at best a very lossy heuristic — tap to centre the map on it The efficient market hypothesis isat best a very lossy heuristic Last stated 3 days ago 4 Sept 2026 NF Nat Friedman — holds since 2026-09-04 — tap for who they are Same subject: A portfolio you cannot hold through an ordinary market cycle is not a portfolio but a bet. — tap to centre the map on it A portfolio you cannot hold throughan ordinary market cycle is not aportfolio but a bet. Last stated 2 weeks ago 25 Aug 2026 NM Nick Maggiulli — holds since 2026-08-25 — tap for who they are Same subject: Readily measurable indicators of cheapness are no longer sufficient on their own to produce a sustainable investing edge. — tap to centre the map on it Readily measurable indicators ofcheapness are no longer sufficienton their own to produce asustainable investing edge. Last stated 6 years ago 11 Jan 2021 HM Howard Marks — holds since 2021-01-11 — tap for who they are Same subject: The value-versus-growth distinction does not serve investors well in a fast-changing world. — tap to centre the map on it The value-versus-growth distinctiondoes not serve investors well in afast-changing world. Last stated 6 years ago 11 Jan 2021 HM Howard Marks — holds since 2021-01-11 — tap for who they are Same subject: Agents will increase the number of users of SaaS rather than get rid of it. — tap to centre the map on it Agents will increase the number ofusers of SaaS rather than get rid ofit. Last stated 3 months ago 24 May 2026 DS Dan Shipper — holds since 2026-05-24 — tap for who they are Same subject: AI companies are disrupting entire industries, causing a partial collapse of the traditional SaaS business model. — tap to centre the map on it AI companies are disrupting entireindustries, causing a partialcollapse of the traditional SaaSbusiness model. Last stated 6 days ago 1 Sept 2026 PL Pieter Levels — holds since 2026-09-01 — tap for who they are Same subject: AI-assisted ('vibe') coding has made it so easy to build competing SaaS apps that a plain, unremarkable SaaS product can no longer easily attract signups. — tap to centre the map on it AI-assisted ('vibe') coding has madeit so easy to build competing SaaSapps that a plain, unremarkable SaaSproduct can no longer easily attractsignups. Last stated 6 days ago 1 Sept 2026 PL Pieter Levels — holds since 2026-09-01 — tap for who they are
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