Do You Have This Kind of Clarity?

Warren Buffett, whose net worth is north of $100 billion, lives in the same house he bought in 1958 for $31,500. The NFL lineman turned mathematician John Urschel is worth millions but manages to live on $25,000 a year. Well past signing a $94 million dollar contract, the NBA star Kawhi Leonard drove the 1997 Chevy Tahoe he had since he was a teenager. Cato, who came from a wealthy and powerful family, walked around bareheaded and barefooted and generally abstained from unnecessary luxuries. He could have afforded to do otherwise, he chose not to. “Nothing is cheap,” his great-grandfather had famously said, “if it is superfluous.”Some might say these men were just cheap, but that’s too simple and too unfair.💵 Visit dailystoic.com/wealth to sign up for The Wealthy Stoic.✉️ Sign up for the Daily Stoic email: https://dailystoic.com/dailyemail🏛 Check out the Daily Stoic Store for Stoic inspired products, signed books, and more.📱 Follow us: Instagram, Twitter, YouTube, TikTok, FacebookSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info. 📢 Share | ⚙️ Manage Subscription

Speaker names marked ? are inferred from speaking time and the show’s known hosts — they are not voice-verified.

• 0:03Ryan Holiday?

  Welcome to the Daily Stoic Podcast, where each day we bring you a passage of ancient wisdom designed to help you find strength, insight, and wisdom in everyday life. Each one of these passages is based on the 2,000-year-old philosophy that has guided some of history's greatest men and women. For more, you can visit us, dailystoic.com.

• 0:29Ryan Holiday?

  Do you have this kind of clarity? Warren Buffett, whose net worth is north of $100 billion, lives in the same house that he bought in 1958 for $31,000. The NFL lineman-turned-mathematician John Herschel is worth millions but manages to live on 25 grand a year. Well-passed signing of a very large contract, the NBA star Kawhi Leonard drove the 1997 Chevy Tahoe that he had since he was a teenager. Cato, who came from a wealthy and powerful family, walked around bareheaded and barefooted and generally abstained from unnecessary luxuries. He could have afforded to do otherwise, but he chose not to. "Nothing is cheap," his great-grandfather had famously said,

• 1:13Ryan Holiday?

  "if it is superfluous." Some might say that these men were just cheap, but that's too simple and too unfair. These successful people didn't get where they are by accident. Their success is the result of prioritizing. The things that are important to them are cheap. The rest of what they earn is extra. They don't turn that extra down, of course. They just keep their head down. They do what they do. And the result is that wealth grows and compounds. They add to it with the work they do. They also invest it sensibly. They let time do its work on it. And this kind of clarity about what they love most in the world, about what actually moves the needle in the world,

• 1:55Ryan Holiday?

  this means they can enjoy their lives. And through even the ups and downs of the markets and athletics and politics, they are rich in all senses of the word. Don't you deserve that? Isn't that what you are actually after? It's gotta be. Well, this kind of clarity through prioritization and smart decisions and discipline is one of the things I hope you'll come away with in our new course, The Wealthy Stoic, A Daily Stoic Guide to Being Rich and Free and Happy. Over the next nine weeks, it's one of our longest courses. It's like our great leadership course that people have loved. There's a bunch of emails every week, nearly a book's worth of content. There's videos, there's prompts, there's deep dives, there's going to be live Q and A's with me, and so much more.

• 2:40Ryan Holiday?

  You're going to get a bunch of resources and tools that will help you on your path to becoming rich and free and happy in all senses of that word. We're going to dig into my journey. You can ask me questions. And I'm just really excited to share this one with you. It's a live course. It's going to start really soon, so you've got to sign up. I'd love to have you with us. You can sign up at dailystoic.com/wealth, or just go to store.dailystoic.com. I'll also link to it in today's show notes, but I'm excited to have you in this one with us. Time is running out, so join us, invest in yourself, and let's go from there.