Optimizing life for maximum fulfillment | Bill Perkins (#237 rebroadcast)

The Peter Attia Drive

Peter Attia, MD

Health & Fitness, Medicine, Fitness

4.7 • 7.3K Ratings

🗓️ 25 November 2024

⏱️ 104 minutes

🔗️ Recording | iTunes | RSS

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Summary

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Bill Perkins is one of the world’s most successful hedge fund managers and entrepreneurs, and the author of the bestseller, Die With Zero. In this episode, Bill unpacks the Die With Zero philosophy which challenges conventional thinking related to the balance between health, wealth, and time—the three variables important for fulfillment. Bill makes the case that we should strive for maximum net fulfillment rather than net worth (or even health). He argues that we need to optimize our life to have memorable experiences before it’s too late and that most people are over-saving and under-living. Bill also explains how one can apply the principles in Die With Zero to break out of “autopilot” and optimize their life to achieve maximum net fulfillment.

We discuss:

Bill’s upbringing, background, and first job on Wall Street [2:45];
A missed experience and feeling of regret that shaped Bill’s thinking [13:45];
Thinking in terms of time, and the relationship between money, time, and health [16:30];
Solving for net fulfillment and allocating your time based on the seasons of life [26:45];
How Bill thinks about risk, opportunity costs, and the difference between fear and risk tolerance [35:00];
Optimizing for fulfillment, finding purpose outside of work, and more [41:15];
Thinking about the order of experiences you want to have based on seasons of life [49:30];
Bill’s unique perspective on philanthropy and a more impactful way to give money away [54:15];
Applying the principles in ‘Die With Zero’ to maximize fulfillment [1:03:30];
How to break out of living life on autopilot [1:13:45];
When should your net worth peak? [1:17:30];
Taking calculated risks [1:21:00];
Bill shares a lesson from his incredible birthday [1:24:45];
How Bill’s philosophy has evolved since writing Die With Zero [1:33:30]; and
More.

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Transcript

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0:00.0	Hey everyone. Welcome to the Drive podcast. I'm your host, Peter Attia. This podcast, my website, and my weekly newsletter all focus on the goal of translating the science of longevity into something accessible for everyone.
0:24.1	Our goal is to provide the best content in health and wellness, and we've established a great team of
0:29.1	analysts to make this happen. It is extremely important to me to provide all of this content without
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0:38.2	by our members, and in return, we offer exclusive member-only content and benefits above and beyond
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0:49.6	it's our goal to ensure members get back much more than the price of the subscription. If you want to
0:55.0	learn more about the benefits of our premium membership, head over to peteratia m.com forward slash
1:01.6	subscribe. Welcome to a special episode of the drive. For this week's episode, we want to re-broadcast
1:09.5	my conversation with Bill Perkins from January of 2023.
1:13.7	Bill is a successful hedge fund manager and entrepreneur and is the author of one of my favorite books, Die with Zero, getting all you can from your money and your life.
1:24.3	Bill's book is one of a handful of books that I keep multiple copies around in my
1:28.8	house to give to friends or family or anybody who's over and who I think would benefit from it.
1:34.0	This is really a conversation about how to optimize your life by investing in your experiences
1:39.0	instead of waiting until the end of your life to do everything. We start this discussion by
1:43.2	talking about Bill's
1:44.1	background and his upbringing and the genesis of the philosophies in this book, something that
1:48.9	came to Bill throughout the early part of his career. We talk about the overarching philosophy
1:54.0	of the book, which is that we all have three important resources, time, health, and experiences.
1:59.8	And of course, we use money as a tool to trade off
2:03.1	these three things. Bill makes the argument that no matter at what level of wealth you are,
2:07.9	most people overlook the most valuable asset of all, which is time. We speak about the importance
	...

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