Charles Darwin and Johann Sebastian Bach are examples of successful people who hit a wall at age 50. They were unable to go with new trends in concert music, which is why they fell off the wagon. The one thing you don't want to do is basically go to a cigarette smoker, for that matter, an alcoholic and say, I'm just going to take away the subject of your addiction. You'll be fine. No, no. You're not going to be fine. If you don't actually come to terms with the fact that your life would be better without it, then you will spend a long time, maybe years regretting that.
#420: Harvard professor Arthur Brooks described two types of intelligence – and explained, in scientific terms, the wisdom that comes with age.
Dr. Ellen Vora, M.D., shared insight into the roots of procrastination, offering evidence-based tips for how to overcome our own inner demons of anxiety, fear and laziness.
Psychology professor Bill von Hippel described why too much happiness is just as detrimental to our long-term health and wellbeing as too little happiness.
Wall St. Journal columnist Spencer Jakab observed the perfect storm of conditions that gave rise to meme stonks and other oddities of our era.
Former financial planner Joe Saul-Sehy argued for “strategic under-diversification” and explained the Sharpe Ratio.
Data scientist Nick Maggiulli explains the save-invest continuum.
And financial planner Bill Bengen, the creator of the 4 percent retirement withdrawal rule, talks about what most people misunderstand about the safe withdrawal rate.
These are just some of the highlights from the Afford Anything podcast in this 2022 year-in-review episode.
Enjoy!
For more information, visit the show notes at https://affordanything.com/episode420
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