stock market
Equities as a whole: what returns have been, whether prices carry information, and what attention does to them.
FilterEveryone, all time46 from 27 people
- BD
Brad DeLong quoted
Economics professor at the University of California
Their wordsThe proportional response of their prices to changes in interest rates should therefore be by far the highest. Interest rates go up. Their prices should go down, proportionately, the most. And yet it hasn’t happened.
↗Katie Martin & Rob Armstrong: There Is Only One Trade: PODCAST OF THE DAYbraddelong.substack.com
- DT
Derek Thompson quoted
Writer and podcaster; co-author of Abundance with Ezra…
Their wordsThe winners of the AI boom dominate stock market returns in 2026.
↗The 26 Most Important Facts About AI and the Economyderekthompson.org
- 3 days earlier
- PL
Pieter Levels quoted
Dutch bootstrapper who builds and runs his internet startups alone
Their wordsI love ETFs as much as the next guy but they do put a pressure on stocks to grow by 10%/year or more
- 8 days earlier
- PK
Paul Krugman quoted
Trade economist, Nobel laureate in 2008 for his work…
Their wordsStock prices are, after all, a notoriously unreliable indicator of the state of the economy. Too often reflect by fads and fantasies, with online trading driving them to greater extremes.
↗Booms, Bombs and Bonds: Interest Rates, Part Ipaulkrugman.substack.com
- 2 days earlier
- MM
Mr. Money Mustache quoted
Pen name of the writer behind mrmoneymustache.com
Our readingA society's prosperity comes from its productivity, not from the financial system or stock market.
Their wordsour prosperity does not come from the financial system or the stock market, which are just some made-up numbers on some computers.
↗Will the AI Bubble Destroy our Retirement?mrmoneymustache.com 1st of 3 in this piece
- BC
Ben Carlson quoted
Director of institutional asset management at Ritholtz…
Their wordsI suppose it's possible mega caps will rule the stock market for all of eternity but I wouldn't bet on it.
↗Most Stocks Are Losersawealthofcommonsense.com 3rd of 3 in this piece
- 3 weeks earlier
- BC
Ben Carlson quoted
Our readingRising concentration in the stock market is a feature of bull markets rather than a warning sign.
Their wordsStock market concentration is a bull market phenomenon.
↗It’s a Concentrated Worldawealthofcommonsense.com 1st of 3 in this piece
- BC
Ben Carlson quoted
Their wordsEven if AI makes the pie grow bigger, it feels like a better bet that it will only increase the level of concentration in the stock market and economy if the past is a good predictor of the future.
↗It’s a Concentrated Worldawealthofcommonsense.com 3rd of 3 in this piece
- 10 days earlier
- BC
Ben Carlson quoted
Their wordsOccasional downturns in the stock market are perfectly normal. You have to get used to losing money if you want to survive the stock market.
↗10 Things You Need to Know About Investing in Stocksawealthofcommonsense.com 1st of 3 in this piece
- BC
Ben Carlson quoted
Their wordsThere is no such thing as an average experience in the stock market until you’ve been investing for a very long time.
↗10 Things You Need to Know About Investing in Stocksawealthofcommonsense.com 2nd of 3 in this piece
- BC
Ben Carlson quoted
Their wordsBut if you think about this another way, there have only been three non-overlapping 30 year periods in modern stock market history.
↗10 Things You Need to Know About Investing in Stocksawealthofcommonsense.com 3rd of 3 in this piece
- 1 day earlier
- MF
Meb Faber quoted
Co-founder and chief investment officer of Cambria Investment Management
Their wordsStock investors spend about 80% of their time below their previous peak wealth. Only 20% of the time are you sitting at an all-time high.
↗10 Stats from Investing in Americamebfaber.com 1st of 2 in this piece
- MF
Meb Faber quoted
Their wordsIn the last 225 years, the global stock market has never experienced a 20-year period where stocks lost money in nominal terms.
↗10 Stats from Investing in Americamebfaber.com 2nd of 2 in this piece
- 1 day earlier
- NM
Nick Maggiulli quoted
Writer of the personal-finance blog Of Dollars And Data…
Our reading · no longer heldThe froth visible in US markets in 2025 was the 2021 mania returning, and reason enough to take risk off.
No longer holdsSince then U.S. stocks are up 16% (total return) and my bearish prediction turned out to be misguided.
SaidMy issue wasn’t that the parallels didn’t exist—they did. My issue was that much of the speculative stuff of 2021 ended up failing (NFTs, DeFi, etc.) while much of the speculative stuff of 2025 (AI) seems to be succeeding.
↗Why I Was Wrong to Be Bearish on U.S. Stocksofdollarsanddata.com 1st of 5 in this piece
- NM
Nick Maggiulli quoted
Their wordsTherefore, the only correct interpretation of the P/S ratio over the last decade is that it doesn’t signal what it used to.
↗Why I Was Wrong to Be Bearish on U.S. Stocksofdollarsanddata.com 2nd of 5 in this piece
- NM
Nick Maggiulli quoted
Their wordsthe base rate for U.S. stock performance (in aggregate) over one year is that they go up
↗Why I Was Wrong to Be Bearish on U.S. Stocksofdollarsanddata.com 3rd of 5 in this piece
- NM
Nick Maggiulli quoted
Their wordsit’s better to have a portfolio that can handle stocks whether they are overvalued or not
↗Why I Was Wrong to Be Bearish on U.S. Stocksofdollarsanddata.com 4th of 5 in this piece
- 4 weeks earlier
- NM
Nick Maggiulli quoted
Their wordsIn investing, non-commitment leads to better than average outcomes for the typical investor.
↗The Problem with Optionalityofdollarsanddata.com 1st of 2 in this piece
- 7 weeks earlier
- BG
Bill Gurley quoted
General partner at Benchmark Capital for over two decades
Their wordsI think it is insanely unfair to the companies the way they're forced to go through this process where the bankers pick the price and pick the shareholders. There's just no need to do that. If you took a freshman computer science student and a freshman finance student and said, you know, imagine how a company should go public. They would match supply and demand anonymously like you would in any auction.
↗Mental Models That Change How You Think | Bill Gurleyyoutube.com 10th of 16 in this recording
- 5 days earlier
- PT
Phil Trammell quoted
Economist working on the economics of transformative AI
Their wordsif I had to guess I would guess that the kind of long kind of general trend of just like lowering those frictions and making it easier for more and more people to index more and more will continue despite the recent bump in the other direction.
↗The better AI gets, the smaller its share of the economy might get – Alex Imas and Phil Trammellyoutube.com 32nd of 33 in this recording
- 11 days earlier
- DS
Dan Shipper quoted
Co-founder and chief executive of Every
Our readingSaaS stocks are a buy right now.
Their wordsSo, this is another good prediction. I would buy SAS stocks right now.
↗AI predictions: Job markets, Codex beats Claude, and the death of org charts | Dan Shipperyoutube.com 11th of 24 in this recording
- 3 months earlier
- SB
Sanjay Bakshi quoted
Indian value investor who taught Behavioural Finance…
Their wordsThe downside risk is substantially lower than for "growth stocks," (which pay no or very little dividends) because the stock's valuation is anchored by its dividend yield, not by speculative earnings growth assumptions.
↗The Misunderstood Role of Dividends in Long-term Stock Returnsfundooprofessor.wordpress.com 3rd of 3 in this piece
- 3 months earlier
- RS
Rory Sutherland quoted
Rory Sutherland is vice chairman of Ogilvy UK
Their wordsthe shareholder value movement is totally incoherent because over what time frame which shareholder is what are you optimizing for? It's a completely incoherent nonsense which is very very friendly to stock market analysts who want a ready supply of quarterly data
↗Marketing Expert: The Playbook Behind Every Great Campaign | Rory Sutherlandyoutube.com 7th of 16 in this recording
- 3 months earlier
- NM
Nick Maggiulli quoted
Their wordsIt’s not that any one of these things represents a mania, but collectively they do. And I know what can happen after that mania.
↗Why I’m Bearish on U.S. Stocks (for the Second Time Since 2017)ofdollarsanddata.com
- 8 days earlier
- BT
Bret Taylor quoted
Co-founder and chief executive of Sierra
Their wordsIf you look at the S&P 500 now and you look at the amount of value from companies created in that, one could argue that actually almost all of the exuberance and hype was totally warranted and it in fact did change commerce in fundamental ways.
↗How is AI Different Than Other Technology Waves? (With Bret Taylor and Clay Bavor) [ACQ2]youtube.com 2nd of 22 in this recording
- 5 weeks earlier
- JD
Jamie Dimon quoted
Chairman and chief executive of JPMorgan Chase
Their wordsif we if if today PEs were 15 as opposed to 23, I say that's a lot less risk. A lot less to fall and you have some upside. I would say at 23, there's not a lot of upside and there's a long way to fall.
↗The Jamie Dimon Interview: How JP Morgan Became an $800 Billion Bankyoutube.com 13th of 19 in this recording
- 10 days earlier
- LA
Lyn Alden quoted
Investment researcher and engineer who runs Lyn Alden Investment Strategy
Their wordsSo, daily leverage is pretty bad unless you're a short-term trader. Volatility hurts that type of leverage.
↗The Rise of Bitcoin Stocks and Bondslynalden.com 1st of 3 in this piece
- 7 weeks earlier
- EZ
Ed Zitron quoted
Writer and public-relations executive
Their wordsthe definition of a “good business” has changed from one that makes good products at a fair price to a sustainable and loyal market, to one that can display the most stock price growth from quarter to quarter.
↗The Era Of The Business Idiotwheresyoured.at 3rd of 7 in this piece
- 9 days earlier
- JC
JL Collins quoted
Author of The Simple Path to Wealth…
Our readingNobody can reliably predict when market drops will occur, how deep they'll go, or when they'll end.
Their wordsYou can't predict when they happen, how deep they'll go, or when they will recover.
↗The one thing that will determine whether the market makes you wealthy or leaves you bleeding on the side of the roadjlcollinsnh.com 2nd of 2 in this piece
- 8 months earlier
- LA
Lyn Alden quoted
Their wordsSince then, these unconventional monetary policies have increasingly become the dominant force moving asset prices.
↗Bitcoin: A Global Liquidity Barometerlynalden.com 2nd of 3 in this piece