Be Smart by Jared Dillian

Be Smart by Jared Dillian


Latest Episodes

Episode 380: Crypto, Google, & the AI Valley of Despair
May 16, 2024

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 gett

Episode 379: The Coffee Debate (#DaveRamseyWouldntApprove)
May 09, 2024

Would you have more money if you didnt buy coffee? Perhaps marginally more, but its a rounding error in the grand scheme of things. Stop focusing on the little things that dont matter. Buying coffe

Episode 378: Do You Create Wealth?
March 08, 2024

Having money in stocks and mutual funds that perform well doesnt mean youre creating wealth. In that case, youre just a passenger along for the ride on the back of someone else. Creating wealth cou

Episode 377: The Three Biggest Financial Decisions You Will Ever Make
February 01, 2024

No, its 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 fi

Episode 376: Stop Complaining About Fees!
January 18, 2024

Mutual fundslet you pool your money with other investors to buy stocks, bonds, and other securities. Theyre run by professional money managers who decide which securities to buy (stocks, bonds, etc.

Episode 375: Does It Bother You That Some People Are Richer Than Others?
January 11, 2024

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

Episode 374: ABC: Always Be Closing
December 28, 2023

In episode 374 of the BE SMART podcast, Jared demystifies the key to deal negotiation for a home and why, as a buyer, you should be making a series of negative comments to your realtor to bring the pr

Episode 373: Elasticity vs. Inelasticity of Demand
December 21, 2023

There are points in time when producers have pricing power, and there are other times when they dont. This concept is known as demand elasticity. If something has elastic demand, companies cant rais

Overcome Catastrophic Thinking
December 07, 2023

Catastrophic thinking is when you believe that something terrible is always going to happen, like a divorce, a fatal illness, or devastating financial hardship. A lot of people suffer from it and are

Blue Chips Are Usually the Best Stocks to Be In
November 30, 2023

No stock is safe, but blue-chip stocks tend to be the safest. Thats why, if you go to a financial advisor, theyre likely to load you up on stocks found in the Dow Jones Industrial Averagethe Boei