FTX Collapse, Lessons From My Honeymoon, and Why I Quit Social Media - E44

FTX has been dominating the news. But what’s a simple explanation of what happened? Jesse explains the sudden rise and fall of the FTX and its founder, Sam Bankman-Fried.   Jesse shares a tough honeymoon delay as a reminder: it’s important to build in margin for unexpected events, because some things are out of our control.   Social media is addictive by design. It wastes time, manipulates peoples’ views, emotions, and behavior. And that’s why quitting social media is in Jesse’s best interest.   Mentions: 6 Investing Lessons from Our Honeymoon's Terrible Start Why I'm Quitting Social Media   More of The Best Interest: Check out the Best Interest Blog at bestinterest.blog Contact me at jesse@bestinterest.blog   The Best Interest Podcast is a personal podcast meant for educational and entertainment. It should not be taken as financial advice, and is not prescriptive of your financial situation.

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Why is personal finance so complicated? The internet is flooded with personal finance “experts” sharing short-sighted, error-prone advice. But long-term financial success requires thoughtful, patient, and well-researched strategies. Hosted by Jesse Cramer, a former aerospace engineer turned fiduciary financial advisor in Rochester, NY, Personal Finance for Long-Term Investors simplifies complex financial topics. With relatable stories, in-depth research, and practical tips, Jesse helps you master financial planning for families, make smart decisions about tax-efficient investing, and build strategies for retirement planning and beyond. Formerly known as The Best Interest Podcast, and inspired by Jesse’s award-nominated blog The Best Interest, this podcast is your trusted resource for comprehensive financial planning and smart investing. Whether you're looking for optimal investment allocations, retirement planning advice, or generational wealth transfer ideas, this show makes personal finance approachable, enjoyable, and actionable. A richer tomorrow starts with learning today. Invest in your knowledge with Personal Finance for Long-Term Investors.