Published: Jan. 9, 2023, 9 a.m.
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Bill Perkins is one of the world\u2019s most successful hedge fund managers and entrepreneurs, and the author of the bestseller, Die With Zero. In this episode, Bill unpacks the Die With Zero philosophy which challenges conventional thinking related to the balance between health, wealth, and time\u2014the three variables important for fulfillment. Bill makes the case that we should strive for maximum net fulfillment rather than net worth (or even health). He argues that we need to optimize our life to have memorable experiences before it\u2019s too late and that most people are over-saving and under-living. Bill also explains how one can apply the principles in Die With Zero to break out of \u201cautopilot\u201d and optimize their life to achieve maximum net fulfillment.
We discuss:
- Bill\u2019s upbringing, background, and first job on Wall Street [3:15];
- A missed experience and feeling of regret that shaped Bill\u2019s thinking [14:15];
- Thinking in terms of time, and the relationship between money, time, and health [17:00];
- Solving for net fulfillment and allocating your time based on the seasons of life [27:15];
- How Bill thinks about risk, opportunity costs, and the difference between fear and risk tolerance [35:30];
- Optimizing for fulfillment, finding purpose outside of work, and more [41:45];
- Thinking about the order of experiences you want to have based on seasons of life [50:00];
- Bill\u2019s unique perspective on philanthropy and a more impactful way to give money away [54:45];
- Applying the principles in \u2018Die With Zero\u2019 to maximize fulfillment [1:04:00];
- How to break out of living life on autopilot [1:14:30];
- When should your net worth peak? [1:18:00];
- Taking calculated risks [1:21:30];
- Bill shares a lesson from his incredible birthday [1:25:15];
- How Bill\u2019s philosophy has evolved since writing Die With Zero [1:34:00]; and
- More.
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