Transitory Bear Markets, the Power of Doing Nothing, & Big Tech's Dominance | Ben Carlson

Ben Carlson, Director of Institutional Asset Management at Ritholtz Wealth Management, joins the show to discuss how understanding the history and cyclical nature of the financial markets can help you be a better investor, why the counterintuitive strategy of sitting on your hands and doing nothing can improve investment decisions and minimize mistakes, big tech's dominance, and disconnecting the definition of wealth from money. Hosted by Morgan Housel and Doug Boneparth. Public.com allows you to invest in stocks, crypto, and alternative assets. Get started by signing up at Public.com with code PODCAST. Public Lives are designed to help you be a better investor through access to context, information, execs, and analysts. This content is for informational purposes only and is not investment advice. Open To The Public Investing is member of FINRA and SIPC. See Public.com/disclosures for more information. Brokerage services for US-listed, registered securities available on Public are offered by Open to the Public Investing, Inc. (OTTP), member FINRA & SIPC. Brokerage services for securities issued pursuant to Regulation A of the Securities Act of 1933 are offered through Dalmore Group, LLC (Dalmore), member FINRA & SIPC. OTTP and Dalmore are not affiliated entities. Alternative assets are self-custodied and are not covered by SIPC. Alternative assets are speculative, involve substantial risks (including illiquidity and loss of principal). The issuers of these assets may be an affiliate of Public, and Public (or an affiliate) may earn fees when you purchase or sell these securities. Cryptocurrency trading provided by Apex Crypto LLC (NMLS ID 1828849). Apex Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Investment services and the Brokerage Accounts for treasury securities are offered by Jiko Securities, Inc. (“JSI”) member FINRA and SIPC. Securities investments: Not FDIC Insured; No Bank Guarantee; May Lose Value. Banking services and the Bank Account are provided by Jiko Bank, a division of Mid-Central National Bank, Member FDIC.