Welcome to the Daily Stoic Podcast. On Friday we do double duty not just reading our daily meditation

but also reading a passage from The Daily Stoic, my book, 366 meditations on wisdom,

perseverance in the art of living, which I wrote with my wonderful collaborator,

translator, and literary agent, Stephen Hanselman.

So today, we'll give you a quick meditation

from the Stoics with some analysis from me,

and then we'll send you out into the world

to turn these words in to works. It's cheap to be dead. When you consider the insane amounts of money that some people feel the need to accumulate,

when you see their estates, when you see them pinch every penny, what they'll do for a dollar, when you reckon with the cost, a family and friends that took to earn all this, you might assume that they get to take it all with them when they die. Of course, we don't. The Roman poet juvenile joke that while

Alexander was living the whole world could not contain him, but in death a coffin

was sufficient. The humbling wisdom of this joke is one that we ought to remember too as we save

for retirement as we invest for the future as we build our legacy. It's very cheap to be dead.

You won't need any of this when you're gone. You won't be able to appreciate your posthumous fame, as Marcus Rilius pointed out. Just as you won't be able to reap the appreciation

of your investments. Your legacy, your intellectual property

rights, your real property, all of it will become utterly irrelevant to you one day very soon.

All of it will become completely worthless, not objectively, but subjectively. Can you

let that sink in? Can you make better, more temperate, moderate decisions today in light of that. We're all driven by the search for better, but when it comes to hiring the best way to

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