Stock Market Returns Are Anything But Average

A reader asks: Ben, I believe you have written at least once about how surprisingly few times the stock market has grown near its long-term average in a given year. In other words, its typical annual returns are well above its long-term ~10% average, or well below. I’m searching for it on your blog site…

Animal Spirits: The YOLO Economy

This week’s Animal Spirits with Michael & Ben is supported by YCharts: Mention Animal Spirits and receive 20% off your subscription price when you initially sign up for the service. If you’re looking for a new job at a fast-growing investment research firm, YCharts is hiring. We discuss: Why would you use leverage to trade crypto? Why making a…