
Risk and Reward
How to Handle Market Volatility and Build Long-term Wealth
Harriman House · Print & ebook · May 12, 2026
"One of the greatest financial writers of this era" –Downtown Josh Brown, star of CNBC's The Halftime Report, co-founder and CEO of Ritholtz Wealth Management *********** Let me tell you the secret to investing.
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- Who it’s for
- Financial history puts long-term investing risks in context and informs future strategies.
- Themes
- investment risk, financial history, wealth management
- Pacing
- Steady
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Start with this bookAbout this book
"One of the greatest financial writers of this era" –Downtown Josh Brown, star of CNBC's The Halftime Report, co-founder and CEO of Ritholtz Wealth Management *********** 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.
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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. *********** "If you want to get better at managing your money, Risk & Reward is a must-read" –Nick Maggiulli, author, Just Keep Buying
Market History
Financial history puts long-term investing risks in context and informs future strategies.
Come here for
- The Great Depression and its aftermath
- The Japanese financial bubble of the 1980s
Expect
- Context for the biggest risks in long-term investing
- Ways to protect against investment risks
Where it sits
| Investing (Personal) | 79% |
|---|---|
| Financial Risk Management | 58% |
| Economic History | 34% |
Percentages are BookFrontier’s reading of the book.
Publisher categories
- Economic History
- Wealth Management
- Stocks
- Authors
- Ben Carlson
- Publisher
- Harriman House
- Published
- May 12, 2026
- Format
- Print & ebook
- Theme
- investment risk · financial history · wealth management
- Reading lane
- Economic History