korrents

What Ben Carlson thinks about stock market

@ben-carlson · 11 positions · 0 changes of mind

Director of institutional asset management at Ritholtz Wealth Management and author of the blog A Wealth of Common Sense, which argues most of investing is behaviour rather than analysis.

Everything they publish, on ppll ↗

Ben Carlson did not write this page.

We collected these quotes from things they published elsewhere, and every quote links to where it was said. They have no account here and have not endorsed this site. Quotes are word for word; the short line under each one is our own restatement, not their wording. Their own site. Is this you? Claim it or ask us to remove it. Or tell us what is wrong here.

5 dated positions, 2026, in their own words. Our reading of what Ben Carlson has said — not written or endorsed by them.

  1. 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

    Interesting

  3. Our readingWhatever AI does to the size of the pie, it will most likely increase concentration in the market and the economy.

    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

    Interesting
  4. 10 days earlier

  5. Our readingLosing money periodically is a normal part of owning stocks, not a sign that something has gone wrong.

    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

    Interesting

  7. Our readingThere is no average year in the stock market; the long-run average only shows up over a very long horizon.

    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

    investing

    Interesting

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

    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

    Interesting