175: Let's Measure Your Wealth with Chris Martenson
Get Rich Education
Keith Weinhold
4.8 • 612 Ratings
🗓️ 27 June 2018
⏱️ 41 minutes
🧾️ Download transcript
Summary
#175: The next twenty years will be nothing like the last twenty years.
Chris Martenson of PeakProsperity.com tells you where wealth originates. It's called primary wealth, consisting of things like trees, soil, a fishery, or a rich ore vein.
The further you invest from primary wealth, the less real wealth you have.
You learn about your 8 Forms Of Capital: Financial, Social, Material, Living, Emotional, Knowledge, Cultural, Time.
You also learn about the future of energy. Wind and solar energy are not replacements for oil.
I bring you today's show from Anchorage, Alaska.
Want more wealth?
1) Grab my free E-book and Newsletter at: GetRichEducation.com/Book
2) Actionable turnkey real estate investing opportunity: GREturnkey.com
3) Read my new, best-selling paperback: getbook.at/7moneymyths
Listen to this week's show and learn:
00:58 The textbook definition of wealth.
04:05 Primary, secondary, and tertiary wealth.
07:39 Chris tells us why stocks aren't real wealth.
09:33 Why economies can't grow to infinity.
12:35 Energy growth limits. Oil vs. renewables like wind and solar.
22:42 The 8 Forms Of Capital: Financial, Social, Material, Living, Emotional, Knowledge, Cultural, Time.
30:10 How to get more Social Capital.
37:40 Holistic wealth. Happiness levels.
Resources Mentioned:
Chris Martenson's book "Prosper"
Transcript
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| 0:00.0 | Get Rich Education is brought to you by Volhollow Wealth and Ridge Lending Group. You, welcome to GRE. |
| 0:32.6 | This is Get Rich Education, Episode 175. |
| 0:35.6 | I'm your host, Keith Weinhold. |
| 0:37.7 | We're going to be talking with Chris Martinson today about how you can measure your wealth |
| 0:42.7 | and really even a new definition of wealth for you. |
| 0:48.5 | What good is money, even passive income, if you don't know how to convert it into something |
| 0:54.0 | that actually gives you |
| 0:55.2 | a rich life and makes a great impact on others. Before Chris gets here, let's define this. What is |
| 1:02.5 | wealth anyway? I googled the definition of wealth today, and the first definition simply is |
| 1:09.6 | this. An abundance of valuable possessions or money well |
| 1:16.6 | today I think you might very well learn about the most holistic definition of wealth |
| 1:21.6 | and a way for you to measure your personal wealth than you've ever really conceived of before. And I'm a fan of |
| 1:29.4 | Chris's work. In fact, when I was last with him at the New Orleans Investment Conference a few |
| 1:33.5 | months ago, when it was time to sort of leave the presentation hall and go to whatever breakout |
| 1:38.9 | session you chose to attend there in one of the side rooms, I chose to come, listen to Chris and his business partner, |
| 1:45.9 | Adam Taggart, discuss the eight forms of capital that you have. And a lot of other people |
| 1:51.1 | attended that too. Their session was supremely well attended. You might have heard of today's |
| 1:56.3 | guest already because he's quite a prominent author and trend forecaster. And if you haven't, then it's a |
| 2:02.1 | real honor for me to introduce you to him today. You've probably heard of today's guest |
| 2:12.1 | because he's a prominent author of books like Prosper and the Crash Course that have received |
| 2:17.4 | plenty of acclaim and fame. |
| 2:20.0 | He's a PhD, a scientist, an economic researcher, and a trend forecaster, especially with |
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