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Latest Commentary

The Higher Education Bubble That Everyone Forgot About

Higher education was in the news during the Biden administration because the Supreme Court ruled that student loans could not be forgiven, and Biden subsequently sought end-arounds to forgive as many as possible anyway.

Ridiculous Hangups About Self-Driving Cars

Self-driving cars are getting a lot of bad press. You may not be one of them, but I’m sure there are lots of people on this list who think that human drivers are better than a computer.

50-Year Mortgages

I’m trying to stay away from personal finance in this newsletter to focus on markets, but this time, I can’t resist.

The Good, the Bad, and the Ugly

Some things are really good in the economy right now, and some things are really bad.

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Jared Dillian

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Jared Dillian

About Jared

Jared Dillian went from growing up with limited means to creating one of most well-known financial publications in the world, The Daily Dirtnap. Thousands of professional investors and everyday folks subscribe to Jared’s writing and podcasts to keep their investments right, and their finances healthy.

With over 20 years of experience in the finance industry and drawing from his own background — Jared helps people remove financial stresses from their lives by challenging the common misconceptions about how money really works.

Jared’s unique takes on personal finance and the markets will broaden your perspective, sharpen your mind, and will always be entertaining to read. 

“At the end of the day what I’m most proud of is helping others make money—people like yourself.” –Jared Dillian

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Announcing SHORT PRIVATE EQUITY: Our New Hub for Private Equity News

Based on Jared Dillian's well-known prediction—one of the few voices currently warning about the looming private equity collapse—this news aggregation site updates nearly every day, tracking what Jared calls "The Next Big Short."

PERSONAL FINANCE

INVESTING

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Be Smart Podcast

In this episode of the BE SMART podcast, hosts Jared and Cameron discuss a range of topics from sports to market trends. They analyze the current state of the stock market, the implications of rising gold and silver prices, and the impact of political investing. Jared shares his insights on hedging strategies and the importance of being prepared for market volatility. The episode concludes with an announcement about the podcast's future direction.


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  • Keeping your head when everyone around you is losing theirs—an old stock market adage. Really, what this is saying is that you should be rational when everyone else is being irrational. Good advice for today’s markets.

  • Read about Jared’s Strategic Portfolio for timely, actionable investment ideas on exchange-traded funds that can help you mitigate volatility and build a resilient and profitable core portfolio.


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Jared and Cameron discuss the current state of the market, the AI bubble’s impact on the economy, private equity challenges, trends in precious metals and cryptocurrencies, banking consolidation, and the implications of the ongoing government shutdown and economic data blackout.


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  • Instead of dorking around with capital gains taxes on real estate, why not lower marginal rates? Read Jared’s free article, “Capital Gains Taxes on Houses,” here.

  • If you see something that is mispriced, you should take advantage of it. The Daily Dirtnap has you covered.


Want to hear more from Jared? Click here.

Jared and Cameron briefly talk Paul Thomas Anderson films, as well as music, before discussing recent market trends, including the Federal Reserve’s interest rate decisions and the implications of corporate reporting frequency. They also touch on the dynamics of the stock market, particularly small caps, and highlight significant investments in AI by companies like Nvidia. Also on deck: the influence of billionaires in media consolidation and the current state of cash in the market. Finally, they discuss the importance of spending on hobbies while maintaining financial responsibility.


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  • Can you predict inflation? Well, can you predict psychology? Because everything is psychological.

  • Jared brings sentiment and technical analysis. Adam, his long-time analyst, delivers deep fundamental research. Together, in Heartland Investor, they share the unsexy stocks investors overlook, undervalued companies with strong balance sheets and plenty of room to run. Don’t sleep on small caps.


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