You can afford anything but not everything.

Every decision that you make is a trade-off against something else, and that's true,

not just of your money, but also your time, energy, focus, attention.

Anything in your life that's a scarce or limited resource.

So what's most important to you?

And how do you align your day-to-day decisions around what is most important to you?

Knowing those two questions is a lifetime practice, and that is what this show is here to explore.

My name is Paula Pant, this is the Afford Anything Podcast, and I want to tell you a story

about a man named David Stein.

David used to manage billions of dollars, as the chief investment strategist at the Fund

Evaluation Group, which was a $33 billion investment advisory firm.

His job was to develop the group's investment philosophy and process.

He guided investments for major universities and big nonprofits, including the Texas A&M

System and the Sierra Club.

He was wildly successful at his work, and he retired at the age of 46.

Now that he's retired, he faces an entirely different dilemma.

How should he invest his own money, his own personal individual money?

What investing philosophy should he follow in his own life?

And what can we learn from that?

David, who also now hosts a popular podcast called Money for the Rest of Us, is joining me

on today's show to talk about his big picture investing ideas.

Let's hear from him right now.

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