optimal minimal at this altitude I can run flat out for a half mile before my hands start shaking can I ask you a personal question now would SE my brok time what I'm a cybernetic organism living tisue over metal [Music] endoskeleton 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 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 dollars under management in fact some of my very good friends investors and 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 soft 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 Tim take the risk assessment quiz which only takes 2 to five 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 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 AR 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
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 .25% per 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 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 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 money at least for me uh in the team and 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 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 what portfolio they would create for you and you can use that information however you want wealthfront.com this episode is brought to you by 99 designs 99 designs is a great partner
for creating and growing your business it's a One-Stop shop for all of your graphic design needs whether that's a logo website business card or anything else I used 99 designs to get book cover prototypes for the 4-Hour Body which
went on to become a number New York Times bestseller I also use them for banner ads illustrations and other things with 99 designs designers around the world compete create the best design for you you give feedback and then pick your favorite you end up happy or you
get your money back it's very simple you can check out a few of my own designs and those of yours meaning Tim Ferris show listeners at 99designs.com and right now my listeners you guys will get a free $99 upgrade on your first design that's 99 designs.com
Tim check it out hello ladies and germs this is Tim Ferris and welcome to another episode of the Tim Ferris show this is a special edition where I'm going to share an excerpt from my favorite book of all time and in fact it is a collection of
letters roughly 2,000 years old that I reread at least once a quarter from senica the younger these are the moral letters to lucilius that I've compiled into the TOA of senica and this particular example is a letter 17 on philosophy and riches and senica takes a
little while with his preamble to get warmed up but my favorite portion begins with I might close my letter at this point so you can use that as a bookmark I might close my letter at this point and I was talking to a friend of mine uh
about senica he's a huge fan also and he said what I agree with and that is I went back through my notes and started to compile a list of the ideas that had the biggest impact on me letter by letter but going through I realized that what makes senica so unique is the
common threads that flow through different letters so it's very hard to just take one letter although they are valuable so I encourage you to check out all of these letters and you can find them at audible.com books it's a three volume set of all of these letters because I
wanted to listen to them in audio and could not find it that's how it got created so please enjoy on philosophy and riches by senica and I hope you find it as valuable as I have letter 17 on philosophy and riches Cast Away everything of that sort
if you are wise nay rather that you may be wise strive toward a sound mind at top speed and with your whole strength if any bond holds you back untie it or sever it but you say my estate delays me I wish to make such disposition of it
that it may suffice for me when I have nothing to do lest either poverty be a burden to me or I myself a burden to others you do not seem when you say this to know the strength and power of that good which you are considering you do indeed grasp the all important thing the
great benefit which philosophy confers but you do not yet discern accurately its various functions nor do you yet know how great is the help we receive from philosophy in everything everywhere how to use Cicero's language it not only suckers Us in the greatest
matters but also descends to the smallest take my advice call wisdom into consultation she will advise you not to sit Forever at your Ledger doubtless your object what you wish to attain by such postponement of your studies is that poverty may not have to be feared
by you but what if it is something to be desired riches have shut off many a man from the attainment of wisdom poverty is unburdened and free from care when the trumpet sounds the poor man knows that he is not being attacked when there is a
cry of fire he only seeks a way of escape and does not ask what he can save if the poor man must go to seea the harbor does not ReSound nor do the Wares bustle with the retinue of one individual no throng of slaves surrounds the poor man slaves for whose mouths the
master must covet the fertile crops of regions Beyond the Sea it is easy to fill a few stomachs when they are well trained and crave nothing else but to be filled hunger costs but little squeamishness costs much poverty is contented with fulfilling pressing needs
why then should you reject philosophy as a comrade even the rich man copies her ways when he is in his senses if you wish to have Leisure for your mind either be a poor man or resemble a poor man study cannot be helpful unless you
take pains to live simply and living simply is voluntary poverty away then with all excuses like I have not yet enough when I have gained the desired amount then then I shall devote myself wholly to philosophy and yet this ideal which you
are putting off and placing second to other interests should be secured first of all you should begin with it you retort I wish to acquire something to live on yes but learn while you are acquiring it for if anything forbids you to live nobly nothing forbids you to die
nobly there is no reason why poverty should cause dra us away from philosophy no nor even actual want for when hastening after wisdom we must endure even hunger men have endured hunger when their towns were besieged and what other reward for their endurance did they
obtain than that that they did not fall under the conqueror's power how much greater is the promise of the prize of everlasting Liberty and the assurance that we need fear neither God nor man even though we starve we must must reach
that goal armies have endured all manner of want have lived on roots and have resisted hunger by means of food too revolting to mention all this they have suffered to gain a kingdom and what is more marvelous to gain a kingdom that will be in others will any man hesitate
to endure poverty in order that he may free his mind from Madness therefore one should not seek to lay up riches first one may attain to philos phos ophy however even without money for the journey it is indeed so after you have come to possess all other
things should you then wish to possess wisdom also is philosophy to be the last requisite in life a sort of supplement nay your plan should be this be a philosopher now whether you have anything or not for if you have anything how do you know that you have not too
much already but if you have nothing seek understanding first before anything else but you say I shall lack the necessities of life in the first place you cannot lack them because nature demands but little and the wise man suits his needs to
nature but if the utmost pinch of need arrives he will quickly take leave of life and cease being a trouble to himself if however his means of existence are meager and scanty he will make the best of them with without being anxious or worried about anything more
than the bare necessities he will do justice to his belly and his shoulders with free and Happy Spirit he will laugh at the bustling of rich men and the flurried ways of those who are hastening after wealth and say why of your own
accord postpone your real life to the distant future shall you wait for some interest to fall due or for some income on your merchandise or for a place in the will of some wealthy old man when you can be rich Here and Now wisdom offers wealth in ready money and pays it
over to those in whose eye she has made wealth Superfluous these remarks refer to other men you are nearer the rich class change the age in which you live and you have too much but in every age what is enough Remains the Same I might close my letter at this
point if I had not got you into bad hands habits one cannot greet parthan royalty without bringing a gift and in your case I cannot say farewell without paying a price but what of it I shall borrow from epicurus the acquisition of riches has
been for many men not an end but a change of troubles I do not Wonder for the fault is not in the wealth but in the mind itself that which had made POS y a burden to us has made riches also a burden just as it matters little whether you lay a sick man on a wooden or on a
golden bed for withs soever he be moved He will carry his malady with him so one need not care whether the diseased mind is bestowed upon riches or upon poverty his malady goes with the man 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 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 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 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 decom that's 4hourworkweek decom all spelled out and just drop in your email and you will get the very next one and if you sign up I hope you enjoy it this episode is brought to you by 99 designs 99 designs is a great partner
for creating and growing your business it's a One-Stop shop for all of your graphic design needs whether that's a logo website business card or anything else I used 99 designs to get book cover prototypes for the 4-Hour Body which
went on to become a number one New York Times bestseller I also use them for banner ads illustrations and other things with 99 design designers around the world compete to create the best design for you you give feedback and then pick your favorite you end up happy
or you get your money back it's very simple you can check out a few of my own designs and those of yours meaning Tim ferah show listeners at 99 designs.com and right now my listeners you guys will get a free $99 upgrade on your first design that's 99 designs.com
check it out 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 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 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 Tim take the risk assessment 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 you can said 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 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 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
.25% per year on assets above the first 15,000 which is managed for free if you use my link wealthfront.com 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
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 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 money at least for me uh in the team and 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 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 and you can use that information however you want wealthfront.com and until next time thank you for listening