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Your World Within Podcast by Eddie Pinero

To Be Great Is to Be Different

Your World Within Podcast by Eddie Pinero

Eddie Pinero

Mental Health, Health & Fitness

4.9585 Ratings

🗓️ 23 May 2020

⏱️ 7 minutes

🧾️ Download transcript

Summary

"Whenever you find yourself on the side of the majority, it's time to pause and reflect." - Mark Twain

If success is a product of seizing life's opportunity, that might prompt one to wonder:  Well, where exactly is this opportunity to be found?

In today's episode I make the case that opportunity exists in life's fringes, outside the bell curve.  It is in the places most people won't go and the actions most people won't take. 

For Kobe it was early morning practice while people slept in, that over time accumulated to become a lifetime of advantage.  For Buffett it's moving in when most people are running out.  You name an accomplished individual, and I'll point to their willingness to move away from the herd and seek out hidden opportunity. 

There is a golden rule that states, if you want what the 5% have, you need to be willing to do what only the 5% are willing to do.  That starts with seeing "different"  not as an obstacle, but as the path.

 

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to Your World Within Daily. I'm Eddie Panero.

0:03.8

In this episode, we're going to talk about the idea of moving in when other people are moving out.

0:08.5

Talk about a quote from Warren Buffett and how it's, sure, an investment strategy, but perhaps the most important life philosophy. How are you guys doing on this beautiful Saturday morning?

0:32.5

I have an incredible message this morning.

0:37.3

As I was waiting for the coffee to brew, I thought of a

0:42.0

quote that we all know, and actually a concept that we all know, we're all familiar with,

0:46.7

but I started to wonder, hey, maybe this is beyond the realm of investing, as Warren Buffett

0:53.7

describes it. Maybe there's more to this, and that's

0:57.2

what I want to talk about. And I'll start with the quote. I'll start with the quote. Warren Buffett says,

1:02.4

be fearful when others are greedy and greedy when others are fearful. He's a big advocate of when people are acting emotional,

1:12.4

when people are pulling their money out,

1:13.9

that's a good time to invest.

1:16.1

Sort of going against the hurt, against the grain.

1:19.3

And I started to think, well, you know, maybe that's what life is about.

1:25.6

I started to think about the big podcast, right? The people that have the big guests on and, you know, the CEOs, the actors, the people that we put on a pedestal and, you know, we commend them for their accolades. What are those conversations more or less? It's listening to them talk about the things they did that most people don't.

1:46.0

It's where they found their advantages, where they placed their energy in a way that is abnormal, right?

1:55.1

They live on the fringes.

1:59.4

And I think more or less I could sit here and make a valid argument that being

2:05.8

great is about living on the fringes. It's about being on the outside of the bell curve.

2:12.7

You know, Mark Twain has a quote that he says, whenever you find yourself on the side of the majority,

2:17.4

it's time to

2:18.0

pause and reflect. Same concept. Not because people are, you know, bad, but because collectively,

...

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