Risk and Reward - by Ben Carlson (Paperback)

About the Book

Ben Carlson, one of the best finance writers of his generation, describes the very worst that can go wrong in investing--and why long-term investing still works.

Book Synopsis

"Let me tell you the secret to investing. There is no secret."

When investing your hard-earned money, risk and reward are attached at the hip. There are no shortcuts. Getting rich overnight is a pipe dream.

Author, podcast host, and Director of Institutional Asset Management at Ritholtz Wealth Management Ben Carlson CFA, offers a modern guide to surviving and thriving in the markets by taking a wrecking ball to his own investment philosophy to truly examine the good, the bad and the ugly.

Carlson contextualises the biggest risks of long-term investing by analysing key moments in global financial history. He examines everything from the Great Depression and its aftermath in the 1930s to the Japanese financial bubble of the 1980s, to the bursting of the dot-com bubble in the 2000s, and considers what modern investors can learn from these events to apply to their future trading strategies.

Part practical manual, part economic history, Risk & Reward will give you a better grasp of the biggest risks in investing and teach you how to protect yourself against them so you can survive the short-term, and thrive in the long-term.

Whether you're a first-time saver or a lifelong investor, this book will change how you see risk--not as something to fear, but as the very reason reward exists.

About the Author

Ben Carlson, CFA is the Director of Institutional Asset Management at Ritholtz Wealth Management and advocates long-term investment strategies. He is the author of four previous books including Everything You Need To Know About Saving For Retirement and Risk and Reward: How to handle market volatility and build long-term wealth. He is also the creator of the blog A Wealth of Common Sense, breaking down wealth management and financial markets and the co-host of the popular Animal Spirits podcast which has previously been named in Fortune's Best Business Podcasts.