2024-11-10
1 小时 31 分钟In today’s episode, William Green chats with Brad Stulberg about how to thrive amid change. Brad is the best-selling author of Master of Change: How to Excel When Everything is Changing—Including You & The Practice of Groundedness: A Transformative Path to Success that Feeds—Not Crushes—Your Soul. Here, he shares practical tools & strategies based on scientific research, battled-tested wisdom, & his work as a high-performance coach to business leaders & elite athletes. IN THIS EPISODE YOU’LL LEARN: 00:00 - Intro 04:55 - How Brad Stulberg became an expert on adapting to change. 14:04 - Why Howard Marks & Bill Miller are obsessed with impermanence. 18:35 - How “rugged flexibility” can help you navigate a fast-changing world. 35:20 - Why it’s so valuable to have a “fluid sense of self.” 43:38 - Why Viktor Frankl recommended a mindset of “tragic optimism.” 52:10 - How routines & rituals provide stability & order amid change & disorder. 52:10 - Why getting exercise & building community is mission critical. 52:10 - Why Brad is skeptical of optimizers like Peter Attia & Andrew Huberman. 58:47 - How peak performers succeed by “nailing the fundamentals.” 01:10:45 - How Brad’s “4 Ps” technique protects against reactive decision-making. 01:16:18 - What a battle against depression taught him about handling adversity. 01:20:19 - What qualities he models so that his kids can learn to be resilient. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES William Green’s book, “Richer, Wiser, Happier” – read the reviews. Brad Stulberg’s website. Brad Stulberg’s podcast. Brad Stulberg's books: Master of Change & The Practice of Groundedness. Brad Stulberg & Steve Magness's Peak Performance. William Green’s podcast on “Optimal Performance” with Daniel Goleman. William Green’s podcast on “Wealth & Health” with Jason Karp. William Green’s book, “Richer, Wiser, Happier” – read the reviews of this book. Follow William Green on X. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Follow our official social media accounts: X (Twitter) | LinkedIn | | Instagram | Facebook | TikTok. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: River 7-Eleven Toyota Connect Invest Bluehost TastyTrade The Bitcoin Way Public Fundrise American Express Onramp Miro Facet SimpleMining ReMarkable Vanta Shopify HELP US OUT! Help us reach new listeners by leaving us a rating and review on Spotify! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! 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
You're listening to tip.
Hi, folks.
It's great to be back with you here on the Richer, Wiser, Happier podcast.
As you and I both know, we've been going through a period of extreme change and uncertainty in the world.
Wherever you look, it seems like everything's getting shaken up politically, economically, socially, technologically.
Just look at the tumultuous, polarized, and highly charged political situation here in the United States.
Or look at the geopolitical crises in the Middle east and Ukraine.
At the same time, we're experiencing the destabilizing forces of increasingly extreme weather events, and technological advances are transforming the way we live and work at a speed that almost takes your breath away.
Given the rise of artificial intelligence, it seems certain that the pace of change that we're already experiencing is only going to accelerate.
Faced with this maelstrom of change and uncertainty, how can you and I maintain our emotional equilibrium and our mental clarity so that it's possible to think and act wisely?
How can we be calm and balanced so that we can not only make smart decisions in markets and in life, but can also provide a measure of stability and reassurance and sanity to the people who depend on us?
In chapter three of my book, Richer, Wiser, Happier, I focus in some depth on this fundamental problem that everything changes and that the future is unknowable, and yet we still need to make decisions that will hopefully position us well for the future.
As you may recall, the main character in that chapter is Howard Marks, who oversees more than $200 billion at Oak Tree Capital.
Howard told me, it's clear that the world is changing all the time, unpredictably, at incredible speed.
Nothing is the same anymore, he said.
And for people whose approach to life is based on sameness, that must be very upsetting.
As Howard explained to me, it's crucially important to recognize that change is inevitable and that we can't expect to control our environment.
Instead, he says, we have to accommodate to our environment.
We have to expect and go with change.
This subject of how to handle change and instability and disorder is the central theme of today's episode of the podcast.