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optimal minim at this altitude I can run flat out for a half mile before my hands start shaking can I ask your personal question now time I'm a cybernetic organism living dissue over metal [Music] endoskeleton this episode is brought to
Search this video
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you by 99 designs when your business needs a logo website business card thumbnail or any other design I I recommend checking out 99 designs I useed them myself I've used them for many years I use them to create book
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cover prototypes for the 4-Hour Body which went on to become a number one New York Times bestseller I've also used them for banner ads illustrations and much more with 99 designs you get a variety of original designs from
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designers around the world give your feedback and then pick your favorite your happiness is guaranteed so check out some of my competitions and designs and some of your competitions and designs from fellow Tim feris show listeners at $99 designs.com
1:01
and right now you can get a free $99 upgrade on your first design so check it out 99designs.com this episode is brought to you by wealthfront and this is a very unique sponsor wealthfront is a massively disruptive in a good way set it and
1:21
forget it investing service led by technologists from places like apple and world famous investors it has exploded in popularity in the last 2 years and they now have more than $2.5 billion dollar under management in fact some of
1:34
my very good friends investors in Silicon Valley have millions of their own money in wealth front so the question is why why is it so popular why is it unique because you can get Services previously reserved for the ultra wealthy but only pay pennies on the dollar for them and this is because they use smarter software instead of retail locations bloated sales teams Etc and I'll come back to that in a second I suggest you check out wealthfront.com
1:58
take the risk assess quiz which only takes 2 to 5 minutes and they'll show you for free exactly the portfolio they'd put you in and if you just want to take their advice run with it do it yourself you can do that or as I would
2:10
you can set it and forget it and here's why the value of wealth front is in the automation of habits and strategies that investors should be using on a regular basis but normally aren't great investing is a marathon not a Sprint and
2:23
little things that you may or may not be familiar with like automatic tax loss harvesting rebalancing your portfolio across more than 10 classes and dividend reinvestment add up to very large amounts of money over longer periods of
2:34
time wealth front as I mentioned since it's using software instead of retail locations Etc can offer all of this at low costs that were previously completely impossible right off the bat you never pay commissions or account
2:46
fees for everything they charge .25% per year on assets above the first 15,000 which is managed for free if you use my link wealthfront.com Tim that is less than $5 a month to invest a $30,000 account for instance now normally when I
3:02
have a sponsor on this show it's because I use them and recommend them in this case it's a little different I don't use wealthfront yet because I'm not allowed to here's the deal they wanted to sponsor this podcast but because of SEC
3:15
regulations companies that invest your money are not allowed to use client testimonials so I couldn't be a user and have them on the podcast but I've been so impressed by wealthfront that I've invested a significant amount of my own
3:27
money at least for me uh in the team and theany itself so I am an investor and hope to soon use it as a client now back to the recommendation as a Tim Ferris show listener you'll get $115,000 managed for free if you decide to open
3:40
an account but just start with seeing the portfolio that they would suggest for you take two minutes fill out their questionnaire at wealthfront.com it's fast it's free there's no downside that I can think of just take a look see
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what portfolio they would create for you and you can use that information however you want wealthfront.com hello boys and girls this is Tim Ferris and welcome to another episode of the Tim Ferris show this is an in between
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episode of sorts it is not a long form interview but rather it is an excerpt it is one of my favorite letters from senica a mere 2,000 or so years old and it explores a number of different practical philosophies that I encourage
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you to digest now the first few paragraphs might seem a little off the reservation but then we get quickly to what you could call the fight club philosophy meaning of course the bar conversation the things you owned end up
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owning you so let me try that again the things you own end up owning you I need more caffeine and the exploration thereof I think is extremely valuable if you want more of these letters you can check them out in the TOA of Sena it is a compilation that I put together and you can find those volumes at audible.com books that's audible.com books where you can find my book book club which includes I think seven or eight other books that have had
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a huge impact on my life so without further Ado please enjoy letter 42 on values by senica the younger letter 42 on values has that friend of yours already made you believe that he is a good man and yet it is impossible in so short
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time for one either to become good or be known as such do you know what kind of man I now mean when I speak of a good man I mean one of the second grade like your friend for one of the first class perhaps Springs into existence like the Phoenix
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only once in 500 years and it is not surprising either that greatness develops only at long intervals Fortune often brings into being commonplace Powers which are born to please the mob but she holds up for our approval that
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which is extraordinary by the very fact that she makes it rare this man however of whom you spoke is still far from the state which he professes to have reached and if he knew what it meant to be a good man he would not yet believe
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himself such perhaps he would even despair of his ability to become good but you say he thinks ill of evil men well so do evil men themselves and there is no worse penalty for vice than the fact that it is dissatisfied with itself and
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all its fellows but he hates those who make an ungoverned use of great power suddenly acquired I retort that he will do the same thing as soon as he acquires the same powers in the case of many men their vices being power powerless Escape
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notice although as soon as the persons in question have become satisfied with their own strength The Vices will be no less daring than those which Prosperity has already disclosed these men simply lack the means whereby they may unfold their
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wickedness similarly one can handle even a poisonous snake while it is stiff with cold the poison is not lacking it is merely numbed into an action in the case of Many Men their cruelty ambition and Indulgence only lack the favor of
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Fortune to make them dare crimes that would match the worst that their wishes are the same you will in a moment discover in this way give them the power equal to their wishes do you remember how when you declared that a certain person was under your influence I pronounced him fickle in a bird of Passage and said that you held him not by the foot but merely by a Wing was I mistaken you grasped him only by a feather he left it in your hands
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and escaped you know what an exhibition he afterwards made of himself before you how many of the things he attempted were to recoil upon his own head he did not see that in endangering others he was tottering to his own downfall he did not
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reflect how burdensome were the objects which he was bent upon attaining even if they were not Superfluous therefore with regard to the objects which we pursue and for which we strive with great effort we should note
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this truth either there is nothing desirable in them or the undesirable is preponderant some objects are Superfluous others are not worth the price we pay for them but we do not see this clearly and we regard things as
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free gifts when they really cost us very dear our stupidity may be clearly proved by the fact that we hold that buying refers only to the objects for which we pay cash and we regard as free gifts the things for which we spend our very
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selves these we should refuse to buy if we were compelled to give in payment for them our houses or some attractive and profitable estate but we are eager to attain them at the cost of anxiety of danger have lost honor personal freedom
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and time so true it is that each man regards nothing as cheaper than himself let us therefore act in all our plans and conduct just as we are accustomed to act whenever we approach a huster who has certain Wares for sale
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let us see how much we must pay for that which We crave very often the things that cost nothing cost us the most heavily I can show you many objects the quest and acquisition of which have rested freedom from our hands we should belong
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to ourselves if only these things did not belong to us I would therefore have you reflect thus not only when it is a question of gain but also when it is a question of loss this object is bound to perish yes it was a mere extra you will
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live without it just as easily as you have lived before if you have possessed it for a long time you lose it after you have had your fill of it if you have not possessed it long then you lose it before you have become wedded to
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it you will have less money yes and less trouble less influence yes and less Envy look about you and note the things that drive us mad which we lose with a flood of Tears you will perceive that it is not the loss that troubles us with reference to
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these things but a notion of loss no one feels that they have been lost but his mind tells him that it has been so he that owns himself has lost nothing but how few men are blessed with ownership of self farewell hey guys this is Tim again just a few more things before you take off number one this is five bullet Friday do you want to get a short email from me would you enjoy getting a short email from me every Friday that provides a little
11:47
morsel of fun before the weekend and five bullet Friday is a very short email where I share the coolest things I've found or that I've been pondering over the week that could include favorite new albums that I've discovered it could
11:59
include gizmos and gadgets and all sorts of weird that I've somehow dug up in the the world of the esoteric as I do it could include favorite articles that I've read and that I've shared with my close friends for instance and it's very
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short it's just a little tiny bite of goodness before you head off for the weekend so if you want to receive that check it out just go to 4hourworkweek domcom that's 4hourworkweek docomo in your email and you will get
12:30
the very next one and if you sign up I hope you enjoy it this episode is brought to you by wealthfront and this is a very unique sponsor wealthfront is a massively disruptive in a good way set it and forget it investing service led by
12:47
technologists from places like apple and world famous investors it has exploded in popularity in the last 2 years and they now have more than $2.5 billion doar under management in fact some of my very good friends investors in Silicon
12:59
Valley have millions of their own money in wealth front so the question is why why is it so popular why is it unique because you can get Services previously reserved for the ultra wealthy but only pay pennies on the dollar for them and
13:12
this is because they use smarter software instead of retail locations bloated sales teams Etc and I'll come back to that in a second I suggest you check out wealthfront.com take the risk assessment quiz which only takes 2 to 5 minutes and they'll show you for free exactly the portfolio they put you and if you just want to take their advice run with it do it yourself you can do that or as I would you can set it and forget it and here's why the
13:36
value of wealth front is in the automation of habits and strategies that investors should be using on a regular basis but normally aren't great investing is a marathon not a Sprint and little things that you may or may not be familiar with like automatic tax loss harvesting rebalancing your portfolio across more than 10 asset classes and dividend reinvestment add up to very large amounts of money over longer periods of time wealth front as I
14:00
mentioned since it's using software instead of retail locations Etc can offer all of this at low costs that were previously completely impossible right off the bat you never pay commissions or account fees for everything they charge
14:12
.25% per year on assets above the first 15,000 which is managed for free if you use my link wealthfront.com Tim that is less than $5 a month to invest a $30,000 account for instance now normally when I have a sponsor on this show it's because
14:27
I use them recommend them in this case it's a little different I don't use wealthfront yet because I'm not allowed to here's the deal they wanted to sponsor this podcast but because of SEC regulations companies that invest your
14:40
money are not allowed to use client testimonials so I couldn't be a user and have them on the podcast but I've been so impressed by wealthfront that I've invested a significant amount of my own money at least for me uh in the team and
14:52
the company itself so I am an investor and hope to soon use it as a client now back to the recommendation as a Tim Ferris show listener you'll get $115,000 managed for free if you decide to open an account but just start with seeing
15:05
the portfolio that they would suggest for you take 2 minutes fill out their questionnaire at wealthfront.com it's fast it's free there's no downside that I can think of just take a look see what portfolio they would create for you
15:18
and you can use that information however you want wealthfront.com this episode is brought to you by 99 designs when your business needs a logo website business card thumbnail or any other design I recommend checking out 99
15:37
designs I use them myself I've used them for many years I used them to create book cover prototypes for the 4-Hour Body which went on to BEC a number one New York Times bestseller I've also used them for banner ads illustrations and
15:48
much more with 99 designs you get a variety of original designs from designers around the world give your feedback and then pick your favorite your happiness is guaranteed so check out some of my competitions and designs
16:01
and some of your competitions and designs from fellow Tim farer show listeners at 99 designs.com and right now you can get a free $99 upgrade on your first design so check it out 99designs.com and until next time thank you for [Music] listening