#623: In Case You Missed It: August 2022 Recap of “The Tim Ferriss Show”

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  • The August 2022 recap episode of the Tim Ferriss Show features the key takeaways from his conversations with Roelof Botha (@roelofbotha), Will MacAskill (@willmacaskill), Russ Roberts (@EconTalker), Andrew Weil (@DrWeil), and an additional segment from the man himself, Tim Ferriss (@tferriss)
  • TOPICS INCLUDE: Setting effective goals, the evolution of marriage, the anti-anxiety plant you don’t know, and how money changes people

Roelof Botha: Technology vs. Time

  • Roelof wrote 10^9 in the corner of his notepad every Monday when starting at Sequoia Capital
    • “It was clear if I wanted to make it as a partner, you needed to produce meaningful gains. And I set myself the goal of producing $1,000,000,000 in gains for the partnership. Because that would mean I had made it, at some level.” – Roelof Botha
    • He has a daily reminder of his long-term goal
  • Technology distorts the timeline of long-term goals
    • Example: In 2000, only 200 million people had access to the internet
    • Understand technology’s influence on what is possible and adjust your metrics appropriately

Will MacAskill: Check-in with Yourself

  • Doing evening check-ins has drastically improved Will’s life
    • Setting input/output goals for the next day (work, screen-time, caffeine limits, exercise time, etc.)
    • Very effective at making him “actually do things” no matter what the circumstances are (ie: getting drunk the night before)
    • Allows you to “counsel your own bullshit”
  • Check out his new book: What We Owe the Future

Russ Roberts: What is Love?

  • Marriage used to widely be arranged or had ulterior motives, not be romantic
    • Kids were simply utilitarian (helping on the farm or taking care of the elderly)
    • It wasn’t a choice, it was a destiny
  • Modern marriage is a balance between pragmatism and romanticism that isn’t captured by Hollywood
    • “There are very few movies that capture love. There are movies that capture romantic attraction and sexual attraction, [but not love]” – Russ Roberts
    • My Fair Lady is the exception in Russ’ eyes (the main character falls in love despite himself). In it, the main character says: “I’ve grown accustomed to her face. Her smile, her frowns, her ups, her downs, they’re second nature to me now.”
    • “That’s an incredible portrait of domestic life” – Russ Roberts
  • You shouldn’t have to “work” at your marriage, you must treat your partner as a partner
    • Living with another person is a commitment, not a contract
  • “Until you’re married, you’re an idiot” – Russ Roberts borrowed quote
    • You don’t truly understand the challenge of looking through the lens of someone else until you’re married
    • It’s one way to achieve self-awareness (others include: meditation, religion, and psychotherapy)
  • Check out his new book: Wild Problems
  • Podcast Notes from EconTalk with Russ Roberts

Andrew Weil: The Cure to Anxiety?

  • Kava – “Probably the most important anti-anxiety natural product out there” – Andrew Weil
    • A psychoactive plant used on islands throughout the Pacific Ocean
    • It’s a root of a large plant in the black pepper family
    • Often consumed as a beverage and social stimulant
    • Can also serve as a natural sedative and calmative
    • Essentially no toxicity
  • Sleep aids help you fall asleep, but have extremely negative side-effects
    • They don’t reproduce natural sleep, they suppress dreaming, distort sleep architecture, are addictive, and interfere with cognitive function
    • Kava has none of these effects, but we do need more research on sleep quality impact
  • Check out more Podcast Notes featuring Andrew Weil

Tim Q&A: Money vs. Happiness

  • Money can help and hurt, no matter what the amount is in your bank account
  • Did becoming rich change Tim Ferriss?
    • Hard to point to a line where he “felt rich”
    • Having a certain degree of capital to have optionality and help his loved ones certainly gives him more peace of mind
  • The value of anything is the amount of life you exchange for it
    • Past a certain point, more wealth becomes energy-consuming rather than energy creating
    • Thinking “your problems will go away when you are rich” is usually untrue. Hope can create happiness, but achievement often feels much emptier than the pursuit.
  • Recommends his episode with Morgan Housel for more insights on money vs. happiness
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Notes By Drew Waterstreet

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