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Be Smart by Jared Dillian

Jared Dillian

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Money is hard to make, keep, and control—and almost everyone gets it wrong sometimes. Now, ex-Wall Street trader Jared Dillian is here to talk to you about money: from sorting out your personal finances to killing it on the stock market and everything in between. If you want to own your life—instead of borrowing or renting it—you need to start listening today. Music: Rylan Taggart - Lost Secret
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show series
 
Elon Musk says he plans to award $1 million a day to a randomly chosen voter… this year’s furious rally in US stocks is poised to extend into the final stretch of 2024, even as the US presidential election looms as a major wild card… gold reaches a record high on Monday… and Bitcoin does Bitcoin things, flirting with $70,000 before pulling back. In…
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Private equity pours millions into HVAC and plumbing trades, worldwide efforts to reverse the baby shortage fall flat, and prices ease for used cars and some grocery items as the inflation cooldown continues. In episode 396, Jared discusses how his new site, ShortPrivateEquity.com, complements his Big Short 2.0 idea on the brewing collapse of the p…
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In episode 395, Jared and Cameron cover topics ranging from his short story collection NIGHT MOVES to insights on the bond market and how strong jobs data impacts rate cuts moving forward, oil prices, and the dualities present in the current economic landscape. Jared emphasizes the importance of having cash on hand for emergencies and shares his th…
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Jared and Cameron explore various market trends, including the surprising performance of stocks in September when you look at past performance throughout the years, insights into the energy sector, and the challenges facing the housing market. They discuss the implications of insurance costs in real estate, the political landscape's impact on the e…
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In episode 383 of the BE SMART podcast, Cameron and Jared discuss the release of Jared's new book, NIGHT MOVES, market trends, the bullish momentum of gold, Trump's proposal on credit card interest rates, insights into the job market, and upcoming economic data. They also explore the implications of Fed rate cuts and the current economic environmen…
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In this episode of the BE SMART podcast, Jared and Cameron discuss a range of topics, including the upcoming launch of Jared’s book NIGHT MOVES, the implications of political violence on economic conditions, the relationship between commodities and human progress, market trends and potential interest rate cuts, and strategies for investing in bonds…
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In the first trading week of September, the S&P 500 fell 4.2%, the monthly jobs report showed the labor market added fewer jobs than expected, and weak manufacturing data led stocks to their worst day since early August. In episode 391, Jared discusses market volatility and economic data, as well as topics such as Apple’s AI selling point for its n…
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Jared and Cameron discuss Jared’s upcoming short story collection, NIGHT MOVES, before diving into commodities and skepticism toward Goldman Sachs’ copper forecast. They also discuss the recent decline in Nvidia’s stock price and its implications, the outlook for stocks in September, the use of puts as an alternative to short selling, and the alloc…
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In this episode of the BE SMART podcast, Jared and Cameron discuss various topics, including key market headlines, such as the upcoming Jackson Hole Symposium in Wyoming, the VIX’s unprecedented turnaround, and Kamala Harris's plan to stop price gouging. They also discuss the importance of teaching personal finance in schools before diving into the…
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The collapse of the real estate market in 2008 nearly brought the global economy to its knees, but a few saw it as an opportunity to change their lives. Today, we’re facing a similar moment—this time in private equity. While we might not sink as low as the near-depression levels of 2008, a downturn in private equity could still turn a recession int…
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On Monday, the Dow dropped 2.6%, the Nasdaq lost 3.43%, and the S&P 500 slid 3%. The Dow and S&P 500 registered their biggest daily losses since September 2022. On top of that, cryptocurrencies sank; the VIX skyrocketed; investors piled into Treasury bonds; and Japan’s stock market posted its worst drop since Wall Street’s Black Monday in 1987, con…
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In episode 386, Jared breaks down various topics including market volatility, McDonald's earnings and consumer spending, Bitcoin, mortgage rates, personal finance questions from Reddit, and upcoming events such as the Federal Reserve meeting and the July jobs report. He addresses Reddit users’ concerns such as how to prepare for your parents’ golde…
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In episode 385, Jared discusses recent political developments, their impact on markets, and whether the Trump trade is still in play. He also follows up from last week’s episode on the potential for a rotation into small caps… plus, company-specific headlines surrounding Verizon (VZ) and Delta (DAL), uncertainty and volatility in the market, and wh…
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Following the attempted assassination of Donald Trump, Jared discusses the idea of the “Trump trade” gaining momentum as the US nears its 2024 election, how black swan events tend to cluster, and the mispricing of volatility. He also addresses declining inflation, the potential for the Fed to cut rates, and how small caps are showing signs of a com…
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In this second episode of the Cockroach Series, Jason Buck (Mutiny CIO) and Taylor Pearson (Mutiny CEO) delve into the intricacies of sequencing risk and its profound impact on portfolio construction. They explore concepts like expected value, ergodicity, and the importance of return order on investment outcomes. Whether you're planning for retirem…
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In today’s episode, fresh off an interview at the Schwab Network in NYC, Jared reveals the weirdness of the New York Stock Exchange, as well as topics such as Nvidia’s recent 10-for-1 stock split, California’s bump in minimum wages, greedflation and rising fast food prices, and why it’s a bad idea to finance used cars. He also addresses readers’ qu…
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In episode 382, Jared discusses why he thinks private equity is one of the biggest bubbles of all time, as well as Roaring Kitty’s blatant market manipulation with GameStop, Donald Trump, where to begin your investment journey, and an outlet for market junkies. He also dives into the mailbag to tackle concerns such as cash positions, money market f…
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People pour their hearts out on Reddit. In episode 381, Jared and Cameron tap into personal finance subreddits, addressing questions about payday loan apps, when to repair your vehicle versus buying a new one, mortgages and retirement, negotiating for a higher salary, steps to achieving financial comfort, and… clogged cats?…
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Anytime a new technology is developed, there's an initial hype phase where money pours into the space, which leads to overinvestment and malinvestment. Then you enter the Valley of Despair before getting a second bull market years down the line. In episode 380, Jared clarifies why we may be close to completing the first runup in AI, why crypto has …
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In this episode, Jason Buck (Mutiny CIO) and Taylor Pearson (Mutiny CEO) embark on the first of a series discussing the Cockroach Strategy. They are excited to share insights into the decade-long development of this strategy. Jason and Taylor explore the probabilities of loss over extended time horizons, shedding light on often overlooked aspects o…
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Would you have more money if you didn’t buy coffee? Perhaps marginally more, but it’s a rounding error in the grand scheme of things. Stop focusing on the little things that don’t matter. Buying coffee is peewee stuff that just does not matter, and you have these so-called financial “experts” focused on this kind of stuff, alienating everyone in th…
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Having money in stocks and mutual funds that perform well doesn’t mean you’re creating wealth. In that case, you’re just a passenger along for the ride on the back of someone else. Creating wealth could mean starting a business or showing up to work and producing value that exceeds what you are paid. In episode 378, Jared discusses the difference b…
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No, it’s not choosing the right mutual fund to invest in or opting for a 15-year mortgage instead of a 30-year one. Not even paying off all your credit cards cracks the top three. The three biggest financial decisions you will ever make include choosing the right person to marry, your career, and where to live. In episode 377, Jared breaks down why…
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Mutual funds let you pool your money with other investors to buy stocks, bonds, and other securities. They’re run by professional money managers who decide which securities to buy (stocks, bonds, etc.) and when to sell them. Here’s the thing, though: Mutual funds are not free. That said, they’re inexpensive, but that doesn’t stop people from gettin…
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In episode 375, Jared maps his evolution from “class warrior” as a kid in Connecticut to his college years when he dabbled in objectivism to his present-day views on the likes of Jeff Bezos. He breaks down the philosophical basis for the revolution that swept through the world in the 1970s and ’80s (influenced by prominent figures such as Ayn Rand,…
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