Ep 10: Jared Dillian - Financial Trader, Analyst, Author, Radio Show Host
MAY 26, 202058 MIN
Ep 10: Jared Dillian - Financial Trader, Analyst, Author, Radio Show Host
MAY 26, 202058 MIN
Description
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"><p>“I try to be cynical, but it’s hard to keep up.”</p></blockquote>
<p class="wp-block-paragraph">For this episode of Conversations, we venture into the world of finance and speak with Jared Dillian.</p>
<p class="wp-block-paragraph">Jared is truly a fascinating guy with incredible insights into the world. </p>
<p class="wp-block-paragraph">I first came across his insights after reading an <a href="https://dealbook.nytimes.com/2011/09/22/after-the-lehman-storm-a-calmer-life-and-a-new-book/" target="_blank" rel="noreferrer noopener">expose</a> about him in the NY Times back in 2011. </p>
<p class="wp-block-paragraph">Jared worked as a trader at Lehman Brothers starting back in 2001–just weeks before the terrorist attacks of 9/11. He started with Lehman as an index arbitrage trader and then as head of the ETF (or exchange traded fund) desk. During this time, he routinely traded over $1 billion a day in volume. </p>
<p class="wp-block-paragraph">His tenure lasted 7 years and ended with a front row seat into the financial industry’s collapse and <a href="https://en.wikipedia.org/wiki/Bankruptcy_of_Lehman_Brothers" target="_blank" rel="noreferrer noopener">Lehman Brothers shocking bankruptcy</a>.</p>
<p class="wp-block-paragraph">After the financial collapse, instead of seeking a new position with one of the big financial firms, Jared started his own financial publishing business, the <a href="https://www.dailydirtnap.com/" target="_blank" rel="noreferrer noopener">Daily Dirtnap</a>. </p>
<p class="wp-block-paragraph">And it is from the Daily Dirtnap that I’ve come to know Jared so well. </p>
<p class="wp-block-paragraph">The Daily Dirtnap is a 3-page newsletter that is delivered to me by email each morning and has helped shape my beliefs not just about finance, but life in general. Honestly, it is pure gold.</p>
<p class="wp-block-paragraph">In fact, other than reading the NY Times every morning since 1996, there is nothing I’ve read more consistently or with more anticipation than Dillian’s The Daily Dirtnap. </p>
<p class="wp-block-paragraph">He’s been described as one of the industry’s most original, entertaining, and contrarian voices and referred to as “the Dr. House of trading.”</p>
<p class="wp-block-paragraph">His readership is wide ranging from casual investors to professional traders and hedge fund managers.</p>
<p class="wp-block-paragraph">But wait, there’s more. </p>
<p class="wp-block-paragraph">Dillian also publishes the publication <a rel="noreferrer noopener" href="https://www.mauldineconomics.com/the-10th-man#" target="_blank">the 10th Man</a>—which has the motto “it is a duty of the 10th man to disagree”—which takes a very different spin on the financial markets. It is also one of my favorite publications and one that I encourage you to try out, especially because it is free. </p>
<p class="wp-block-paragraph">Other newsletter publications of Dillian’s include <a href="https://www.mauldineconomics.com/order/plan/17125702" target="_blank" rel="noreferrer noopener">ETF 20/20</a> and <a href="https://www.mauldineconomics.com/order/plan/15230801/1col" target="_blank" rel="noreferrer noopener">Streak Freak</a>.</p>
<p class="wp-block-paragraph">Beyond newsletter publications, Dillian has also authored two books, </p>
<p class="wp-block-paragraph">His first, <a rel="noreferrer noopener" href="https://www.amazon.com/Street-Freak-Madness-Lehman-Brothers-ebook/dp/B004IK9CAM" target="_blank"><em>Streak Freak: Money and Madness at Lehman Brothers</em></a>, was described by Bloomberg as a disturbingly candid memoir about a poor kid who quit the U.S. Coast Guard to chase his dream of becoming a trader. </p>
<p class="wp-block-paragraph">And Publisher Weekly said Dillian offers a candid look at the demise of a corporate behemoth.</p>
<p class="wp-block-paragraph">Dillian’s second book, <em><a rel="noreferrer noopener" href="https://www.amazon.com/gp/product/B078TN41RR/ref=dbs_a_def_rwt_bibl_vppi_i1" target="_blank">All the Evils in the World</a></em>,” has been described as a riveting tale of a high-stakes options trade gone bad—or good—depending on each of his many memorable characters’ perspectives. This novel is a finely wrought study of the people who pull the levers behind the curtain of the markets.</p>
<p class="wp-block-paragraph">Even after all this, I have one more endorsement of Dillian’s work. Jared started a Personal Finance talk show on Smart Talk Radio and WCGO called <a href="https://www.smarttalkradionetwork.com/the-jared-dillian-show" target="_blank" rel="noreferrer noopener">The Jared Dillian Show</a>.</p>
<p class="wp-block-paragraph">If you are a Dave Ramsey or Suze Orman fan, I’ve got to tell you that Dillian blows these guys out of the water. </p>
<p class="wp-block-paragraph">You can listen and even <a rel="noreferrer noopener" href="https://radio.securenetsystems.net/cirruscontent/STRN" target="_blank">call in live</a> Monday through Friday from 4 pm to 6 pm Eastern time.</p>
<p class="wp-block-paragraph">As you can see, Jared truly has the rare ability that combines sheer volume of writing with crisp, intelligent, and interesting ideas. </p>
<p class="wp-block-paragraph">His work never lets me down and always keeps me thoroughly engaged.</p>
<p class="wp-block-paragraph">So without further ado, here is my conversation with Jared Dillian</p>
<p>The post <a href="https://www.roshreview.com/blog/podcast/conversations-with-adam/jared-dillian-financial-trader-analyst-author-radio-show-host">Jared Dillian – Financial Trader, Analyst, Author, Radio Show Host</a> appeared first on <a href="https://www.roshreview.com/blog">RoshReview.com</a>.</p>