Why Smart People Make Stupid Money Decisions - Dave Ramsey

Let's talk about, uh, both of our favorite topics, Dr. John Delony.

And it's his favorite topic. (laughs)

It- it is... (laughs) Oh, man. I, um, I- I-

What a star, though. I mean, he has blown up. He- he's-

I-

...brilliant, he's quick, uh, and he's helping a lot of people. We're real proud of him.

I have no idea how I wasn't familiar with him until relatively recently. I guess the internet's a big place, right? And, um... But he's great. He's- he came out to see me here in Austin. We immediately had that did-we-just-become-best-friends moment. And, uh, yeah he's- he's phenomenal. His insights are great. He seems to have... How can I put this? He's got kind of a Ramsey, uh, signature to him in a way. Uh, quite firm, uh, I would say. Uh, sometimes bordering on scary.

(laughs)

Um, uh, s- m- moderately intimidating, but also, uh, sort of warm and sort of d- feels like he's doing it. Like a- a particularly brash uncle that needs to give you the sort of kick in the ass that you needed.

Yeah, that loves ya.

Mm-hmm.

And, uh, but he'll tell you the truth, and that- that's what we all try to do around Ramsey and, uh, portray the both of those things. A, we love you, and B, that means we have to tell you the truth, uh, for your own good 'cause we care about you and we want you to win. And continuing to do that, um, horrible thing that's to yourself is silly. And so, whatever it is, whether it's John or any of the rest of us, but John certainly has fallen into that fold, and he's- he is brilliant. He's very articulate. I mean, I'm in the third meeting with him in our, uh, we're- we're talking about, you know, interviewing and talking about, uh, turning him into a Ramsey personality, and he's so quick on the draw. I went, "You can do this. All we gotta do is put you on with a microphone and start answering questions." He didn't even know what it was. And I'm like, "Look, the... I've done talk radio for 30 years. You- you draw fire and re-holster before the bullet hits 'em." I mean, it's quick. And so, uh, he- he's really, really good and he does care deeply.

How would you describe what you do? Let's say that someone meets you and they're not familiar with you. You're at a cocktail party or you're- you're at a gathering of some kind, and says, "Oh, David, t- t- tell me about what you do for work."

(laughs)

How do you des- how do you (laughs) , uh, coalesce the, uh, myriad of different things that you've got going on?

You know, I- I... These days I would just tell them, you know, "I'm the CEO of Ramsey Solutions and we put on a bunch of podcasts and a bunch of curriculum and have a bunch of best-selling books and, um, you know, YouTube and all that stuff, and- and I'm one of the people that does all that as well as be the CEO." So, it's kinda like that but, I mean, it's- there's 1,100 of us in the building and there's 500 people doing tech all day long, so... Uh, and I've never written a line of code in my life, so that's freaking intimidating. But that- that's all part of the picture, but I- I don't, you know... Uh, I don't- I don't- I don't wanna try to one-up somebody at a cocktail party. (laughs)