The Daily Stoic

Ask Daily Stoic: Ryan Holiday & Tim Ferriss Discuss "Alive Time vs Dead Time"

10 snips
Apr 11, 2020
Ryan Holiday chats with Tim Ferriss, a prolific author and early investor, known for his insightful podcasts and bestsellers. They dive into how Stoicism offers resilience during tough times like the COVID-19 pandemic. The duo discusses transforming anger into constructive actions and the crucial concept of 'alive time vs. dead time.' Tim provides practical steps for personal growth, emphasizing the importance of embracing fear and using challenges for meaningful connections and community support.
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ADVICE

Rehearsing Worst-Case Scenarios

  • Rehearse worst-case scenarios, both what they would look like and feel like.
  • Combine this with fear-setting exercises to decrease the likelihood and damage of negative events.
ANECDOTE

Uber Stock Drop

  • Tim Ferriss discusses his experience with the drop in his stock portfolio, particularly Uber.
  • Despite the drop, he decided to hold onto his stocks after careful consideration and preparation.
ADVICE

Identifying Opportunities

  • Focus on opportunities that align with your strengths and weaknesses, rather than trying to time the stock market.
  • Ask yourself where you have unique domain expertise or informational advantages.
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