2215: Financial Mass Destruction by Jesse Cramer

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4.5 • 1.3K Ratings

🗓️ 23 February 2023

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

Jesse Cramer talks about financial mass destruction Episode 2215: Financial Mass Destruction by Jesse Cramer Jesse started The Best Interest in 2018. He was a mechanical engineer by day, working on satellite telescopes. But his passion was to help people improve their personal finances. He began writing to "learn in public," to help people, and to add genuine signal to an otherwise noisy Internet. Fast forward to now. So much has changed. -The Best Interest was nominated for 2022 "Personal Finance Blog of the Year" -Jesse has been on CNBC, MSN, the Motley Fool, Yahoo Finance, and more. -Jesse created a book with 30 other personal finance experts contributing a chapter each. -And Jesse left engineering. He now works for a fiduciary wealth management firm with one important mission: helping people achieve their financial goals. The original post is located here: https://bestinterest.blog/financial-mass-destruction/ Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

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0:58.4	This is Optimal Finance Daily, episode 2215. Financial Mass Destruction by Jesse Kramer
1:05.8	of BestInterest.Blog. And I'm your host and personal finance enthusiast, Diana Mariam.
1:12.4	We have a new author on the show today, Jesse Kramer. I'll tell you more about him after
1:17.4	the reading. So for now, let's hear today's post as we optimize your life.
1:27.0	Financial Mass Destruction by Jesse Kramer of BestInterest.Blog
1:33.4	Quote, Charlie Munger and I are of one mind in how we feel about derivatives and the trading
1:39.0	activities that go on with them. We view them as time bombs, both for the parties that
1:44.4	deal in them and the economic system. Warren Buffett.
1:49.7	Not to mince words, Buffett has also called derivatives financial weapons of mass destruction.
	...

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