Embracing Impermanence: A Path to Inner Peace | 27min snip from We Study Billionaires

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RWH029: Beyond Rich w/ Pico Iyer

We Study Billionaires - The Investor’s Podcast Network

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CHAPTER

Embracing Impermanence: A Path to Inner Peace

This chapter delves into the significance of impermanence in life and investing, drawing insights from Zen Buddhism to illustrate the necessity of accepting change. The speakers discuss the interplay between suffering and joy, emphasizing that true happiness comes from within and is often found amidst life's challenges. Through personal anecdotes and philosophical references, they highlight the importance of mindfulness, compassion, and living in the present to cultivate a fulfilling existence.

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In this episode, William Green chats with famed author Pico Iyer about how to create a life that’s truly richer, wiser, & happier. Pico has written 15 books & delivered 4 TED Talks that have received nearly 12 million views. Here, he shares profound & practical insights drawn from his vast range of personal experience: he’s spent decades as a travel writer; befriended everyone from the Dalai Lama to Leonard Cohen; lost everything he owned in a wildfire; & built a remarkably peaceful & productive life in a tiny apartment in Japan.

IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro

04:41 - Why Pico Iyer relishes the calm simplicity of his tiny, uncluttered home in Japan.

08:01 - Why he doesn’t use a cell phone & does most of his work without a computer.

13:45 - What advice he gives to youngsters on making a life & not just making a living.

22:37 - Why going slow has become the ultimate luxury in a world of speed.

26:34 - Why leading business executives are so receptive to his teachings on stillness.

29:55 - How he structures his day to be most productive.

43:57 - Why billionaires like Ray Dalio have embraced meditation.

52:03 - What Pico discovered when a wildfire destroyed everything he owned.

1:17:02 - How Howard Marks applies the Buddhist teaching that everything is impermanent.

1:21:56 - What Pico has learned from decades of friendship with the Dalai Lama.

1:35:55 - How travel shows Pico the limits of what we can ever truly know.

2:03:55 - What the singer & Zen monk Leonard Cohen taught him about inner riches.

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, and the other community members.
Pico Iyer’s website.
Pico Iyer’s TED talk on the Art of Stillness.
The Half Known Life by Pico Iyer.
Autumn Light by Pico Iyer.
The Man Within My Head by Pico Iyer.
The Art of Stillness by Pico Iyer.
The Open Road by Pico Iyer.
Zen Mind, Beginner’s Mind by Shunryu Suzuki.
Guy Spier interviews William Green.
William Green’s book, “Richer, Wiser, Happier” – read the reviews of this book.
William Green’s Twitter.

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