{"podcast":{"title":"Stock Club","slug":"stock-club-682702","podcast_index_feed_id":682702,"rss_url":"https://anchor.fm/s/102e17960/podcast/rss","website_url":"https://www.mywallst.com/podcast","image_url":"https://d3t3ozftmdmh3i.cloudfront.net/staging/podcast_uploaded_nologo/43332984/126637f38d0e3bab.jpg","author":"MyWallSt","episode_count":314,"summary":"Welcome to the Stock Club podcast, where we bring you weekly episodes on the most significant changes in the world of investing. Delve into the inner workings of investing, stock news and strategies, all geared towards helping you become a better investor. Join the MyWallSt team, as they sit down to share the latest investing stories. If you want to stay ahead in the game, this podcast is for you.","last_synced_at":"2026-06-11T16:18:12.979154+00:00","page_url":"https://stenobird.com/podcast/stock-club-682702"},"episode":{"title":"#315: How to Invest Through Booms, Busts & Bubbles (w/ Ben Carlson)","slug":"315-how-to-invest-through-booms-busts-bubbles-w-ben-carlson","published_at":"2026-06-11T06:00:00+00:00","page_url":"https://stenobird.com/podcast/stock-club-682702/315-how-to-invest-through-booms-busts-bubbles-w-ben-carlson","show_page_url":"https://stenobird.com/podcast/stock-club-682702","url":"https://podcasters.spotify.com/pod/show/mywallst/episodes/315-How-to-Invest-Through-Booms--Busts--Bubbles-w-Ben-Carlson-e3kk79n","audio_url":"https://traffic.megaphone.fm/APO3858074048.mp3","summary":"This week, Mike sits down with investor and author Ben Carlson to discuss the habits, mindsets, and mistakes that define successful investing. We start with the two variables Ben believes matter more than anything else: your time horizon and your risk profile. While most investors focus on picking the right stocks, Ben argues that understanding your willingness, need, and ability to take risk is far more important and often the difference between staying the course and making costly mistakes. From there, we talk market history. Ben explains why studying past booms and busts isn't about predicting the future but understanding the range of outcomes markets are capable of producing. History teaches us how quickly sentiment can swing from euphoria to panic and why investors should always expect the unexpected. We also tackle one of investing's most persistent temptations: market timing. Ben argues that trying to jump in and out of markets introduces more problems than it solves, creating a psychological battle that's incredibly difficult to win consistently. To combat the temptation, Ben proposes his concept of a "fun account"—setting aside a small portion of your portfolio for speculation, trading, crypto, or whatever scratches your investing itch. Done correctly, it can help investors stay disciplined with the other 90% of their wealth while learning just how difficult it is to outperform a simple buy-and-hold strategy. With AI stocks soaring and trillion-dollar IPOs dominating headlines, we naturally have to talk today's market environment. Ben reflects on how technological revolutions have always created uncertainty, why comparing today's AI boom to previous market manias is both useful and dangerous, and why keeping an open mind remains essential for investo…","meta_description":"This week, Mike sits down with investor and author Ben Carlson to discuss the habits, mindsets, and mistakes that define successful investing. We start wi…","key_points":[],"chapters":[],"topics":[],"duration_seconds":2850,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/stock-club-682702/episodes/315-how-to-invest-through-booms-busts-bubbles-w-ben-carlson/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/stock-club-682702/315-how-to-invest-through-booms-busts-bubbles-w-ben-carlson.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}