Embracing Impermanence: Lessons from Monastic Life

In this episode, William Green welcomes back Pico Iyer, one of his all-time favorite guests. Pico is a famed author & speaker whose TED talks have been viewed about 12 million times. Here, he discusses his new book, “Aflame,” which explores how to find peace of mind, happiness & clarity amid extreme uncertainty & accelerating change. This episode is a masterclass on creating a richer, wiser, happier life while living by what Warren Buffett calls an inner scorecard.

IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro

04:31 - How to find calm & clarity in the midst of uncertainty & change.

14:39 - How silence helps to “cleanse” our agitated, cluttered minds. 

19:09 - Why Pico Iyer has stayed at a monastery more than 100 times.

28:02 - Why the greatest luxury comes from craving less, not more. 

31:53 - How he designs his life to maximize freedom & fulfillment.

35:50 - Why he loves Warren Buffett’s idea of living by an inner scorecard.

52:41 - How the greatest investors remind Pico of monks.

01:10:28 - How to create more spaciousness in your own busy life. 

01:18:25 - How to achieve more by doing less & taking time to reflect.

01:23:05 - Why it’s helpful to view investing as a game.

01:51:27 - How Leonard Cohen rebounded after losing almost all his money.

01:51:27 - How to maintain hope—& gratitude—in the face of adversity.

01:57:55 - What Pico has learned from his long friendship with the Dalai Lama.

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES

• Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members.
• Pico Iyer’s website.
• Pico Iyer's book: Aflame: Learning from Silence.
• Pico Iyer's books: The Open Road: The Global Journey of the 14th Dalai Lama.
• Henry David Thoreau's book: Walden.
• Pico Iyer’s TED talk on The Art of Stillness.
• William’s 2023 podcast interview with Pico Iyer.
• William’s podcast interview with Daniel Goleman & Tsoknyi Rinpoche.
• William’s podcast interview with Brad Stulberg.
• William Green’s book, “Richer, Wiser, Happier” – read the reviews of this book.
• Follow William Green on X.
• Email Shawn at shawn@theinvestorspodcast.com to attend our free events in Omaha or visit this page.
• Check out all the books mentioned and discussed in our podcast episodes here.
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