Be Smart by Jared Dillian
Latest Episodes
Episode 380: Crypto, Google, & the AI Valley of Despair
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)
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?
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
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!
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?
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
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
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
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
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