RWH029: Beyond Rich w/ Pico Iyer

The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network

Stig Brodersen

Education, Investing, Business

4.6 • 3.6K Ratings

🗓️ 9 July 2023

⏱️ 137 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this episode, William Green chats with famed author Pico Iyer about how to create a life that’s truly richer, wiser, & happier. Pico has written 15 books & delivered 4 TED Talks that have received nearly 12 million views. Here, he shares profound & practical insights drawn from his vast range of personal experience: he’s spent decades as a travel writer; befriended everyone from the Dalai Lama to Leonard Cohen; lost everything he owned in a wildfire; & built a remarkably peaceful & productive life in a tiny apartment in Japan. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 04:41 - Why Pico Iyer relishes the calm simplicity of his tiny, uncluttered home in Japan. 08:01 - Why he doesn’t use a cell phone & does most of his work without a computer. 13:45 - What advice he gives to youngsters on making a life & not just making a living. 22:37 - Why going slow has become the ultimate luxury in a world of speed. 26:34 - Why leading business executives are so receptive to his teachings on stillness. 29:55 - How he structures his day to be most productive. 43:57 - Why billionaires like Ray Dalio have embraced meditation. 52:03 - What Pico discovered when a wildfire destroyed everything he owned. 1:17:02 - How Howard Marks applies the Buddhist teaching that everything is impermanent. 1:21:56 - What Pico has learned from decades of friendship with the Dalai Lama. 1:35:55 - How travel shows Pico the limits of what we can ever truly know. 2:03:55 - What the singer & Zen monk Leonard Cohen taught him about inner riches. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Pico Iyer’s website. Pico Iyer’s TED talk on the Art of Stillness. The Half Known Life by Pico Iyer. Autumn Light by Pico Iyer. The Man Within My Head by Pico Iyer. The Art of Stillness by Pico Iyer. The Open Road by Pico Iyer. Zen Mind, Beginner’s Mind by Shunryu Suzuki. Guy Spier interviews William Green. William Green’s book, “Richer, Wiser, Happier” – read the reviews of this book. William Green’s Twitter. SPONSORS Support our free podcast by supporting our sponsors: River Toyota Sun Life The Bitcoin Way Range Rover Sound Advisory BAM Capital Fidelity SimpleMining Briggs & Riley Public Shopify Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

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0:00.0	You're listening to TIP.
0:03.0	Hi there.
0:04.0	The focus of today's episode is a question that I think all of us can benefit from asking.
0:09.2	What constitutes a truly rich and happy life?
0:13.1	If you're listening to this podcast, the chances are that you're fascinated by the game
0:17.1	of investing and want to play it well so you can make more money and ideally achieve
0:22.0	total financial freedom.
0:23.7	That's fabulous as far as it goes and I love investing too.
0:28.2	But I think we also know that the richness of our lives doesn't really just depend
0:33.3	on how much money we rack up or how many fancy possessions we manage to accumulate or
0:38.2	what car we drive.
0:39.8	In the epilogue of my book, Richard Wise, A Happier, I could have wonderful insight
0:44.3	that the great investor, Arnold Vandenberg, once shared with me when I was interviewing
0:48.5	him at his office in Austin, Texas, Arnold, who's in many ways my favorite role model
0:54.6	in the world of investing, told me,
0:57.0	I'm the richest guy in the world because I'm content with what I have.
1:01.7	I feel wealthier, not because I have more money, but because I've got health, good friendships.
1:06.9	I've got a great family.
1:08.7	He then carried on by saying prosperity takes all of these things into consideration.
1:13.7	Health, wealth, happiness, peace of mind.
1:16.9	That's what a prosperous person is, not just a lot of money.
1:20.0	That doesn't mean a thing.
	...

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