Enterprising Investor

In this episode of Enterprising Investor, Ben Carlson, CFA, director of institutional asset management at Ritholtz Wealth Management, co-host of the Animal Spirits podcast, and author of Risk and Reward: How to Handle Market Volatility and Build Long-Term Wealth, joins Mike Wallberg, CFA, to discuss why volatility is the unavoidable price of higher returns. Drawing on market history, behavioral finance, and real-world investing examples, Carlson explores the challenges of market timing, inflation, and portfolio construction, while highlighting the habits that help investors stay disciplined through uncertainty.

For investment practitioners, the conversation offers valuable insights into managing client expectations, communicating complex concepts in accessible ways, and designing portfolios that clients can stick with over the long term. Carlson also shares lessons from Warren Buffett, the financial crisis, and his own experience working with institutional investors and wealth management clients.
Listen to the episode to learn how a long-term perspective can help investors navigate market turbulence and build lasting wealth.

Creators and Guests

Host
Mike Wallberg, CFA
Financial services marketing executive by way of investment banking, stock analysis, institutional portfolio management, tv news production (CBC, Global), & content marketing. Award-winning journalist and host of CFA Institute’s flagship investment podcast, Enterprising Investor (top 10% of business podcasts globally). Add 10 yrs teaching Finance at night (CFA prep classes covering Economics, Equity Valuations, Risk Management, Derivatives / Alternative Investments, Portfolio Management) and an equity valuation course to students in SFU's Master of Financial Risk Management program.

What is Enterprising Investor?

Enterprising Investor is the flagship podcast of CFA Institute and the definitive program for the investment management industry. As stewards of the investment industry, Enterprising Investor will feature intimate conversations with some of the most influential people from the world of finance about the topics that matter most to investment professionals.