We Study Billionaires - The Investor’s Podcast Network

RWH031: Abundance w/ Michael Berg

Aug 20, 2023

01:46:31

Snipd AI

Michael Berg, a scholar and author, explores building lives that are richer, wiser, and happier through the wisdom of Kabbalah. Topics include extracting pleasure from wealth, sharing time and money, supporting kids without hindering their success, delayed gratification as a superpower, handling challenges, and the key to happiness: appreciation.

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Podcast summary created with Snipd AI

Quick takeaways

Developing gratitude and appreciation for what we already have enhances our enjoyment and fulfillment.

Viewing wealth as a stewardship rather than personal possession leads to a balanced approach and deeper appreciation.

Cultivating an attitude of gratitude and reflecting on blessings enhances well-being and pleasure in financial resources.

Delayed gratification and embracing challenges as opportunities lead to long-term success and personal growth.

Deep dives

The importance of gratitude and appreciation

One of the most important things we can do is develop a sense of gratitude and appreciation for the blessings and abundance we already have in our lives. By recognizing that everything we have is not truly ours, but rather gifts that are connected to a higher source, we can maintain a deeper appreciation for our wealth and possessions. This appreciation keeps us connected to the flow of abundance and allows us to extract greater pleasure and fulfillment from what we already have.

The Role of Spirituality and Work in the World

01:34

The Importance of Appreciation for Happiness and Wealth

01:35

The Elements of Sustainable Systems

03:18

Gifts and Ownership: Finding Purpose in Everything We Have

00:59

Introduction

3min

The Principles of a Rich and Happy Life

24min

The importance of spiritual and physical aspects in achieving abundance

5min

Finding Spiritual Connections in Everyday Life

26min

Exploring the Concept of 'Poor Rich People' and 'Rich Poor People'

3min

Language Learning App, Market Intelligence Platform, and Clothing Brand

4min

The Power of Giving and Tithing

20min

Delayed Gratification and Long-Term Thinking

22min

Contemplating Interconnectedness and Diminishing Division

4min

In this episode, William Green speaks with Michael Berg, a great scholar & author who draws on the ancient wisdom of Kabbalah to explore how we can build lives that are truly richer, wiser, & happier. Here, Michael discusses how to extract more pleasure from whatever wealth you have; why sharing your money & time builds a greater sense of abundance; how to support your kids without sapping their desire to succeed; why deferred gratification is a superpower in business & life; how to handle challenges & adversity; & why the real key to happiness is appreciation.

IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro

17:01 - Why Michael Berg sees no conflict between a spiritual life & material success.

20:17 - How our own actions open or close the “channels of abundance.”

22:38 - Why Sir John Templeton called tithing “the single best investment.”

32:44 - Why Charlie Munger reveres Maimonides, a 12th-century sage & doctor.

39:39 - How to extract more pleasure from whatever wealth we have.

48:37 - Why it’s helpful to recognize that we don’t truly own anything.

55:29 - How appreciation helps Howard Marks to stay humble & be happy.

59:00 - Why many rich people are surprisingly unhappy.

1:15:51 - How to build joyful abundance by sharing your time & money.

1:23:15 - How to help your kids without disempowering them.

1:26:14 - Why delayed gratification is essential in business, investing, & life.

1:35:45 - How Michael handles challenges & reframes adversity.

1:41:38 - Why his father, Rav Berg, taught that “consciousness is everything.”

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.
The Zohar translated by Michael Berg in 23 volumes
Secrets of the Zohar & Becoming Like God by Michael Berg
And You Shall Choose Life by Rav Yehuda Ashlag
The Thought of Creation by Rav Yehuda Ashlag
Nano: Technology of Mind Over Matter by Rav Berg
The Kabbalah Centre website
Spiritually Hungry podcast with Michael & Monica Berg
William Green’s book, “Richer, Wiser, Happier” – read the reviews of this book
William Green’s Twitter

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We Study Billionaires - The Investor’s Podcast Network

RWH031: Abundance w/ Michael Berg

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

The importance of gratitude and appreciation

Viewing wealth as a spiritual responsibility

The connection between appreciation and happiness

Increasing our enjoyment of money through appreciation

The Power of Appreciation and Humility

The Significance of Tithing and Giving

The Power of Delayed Gratification

Embracing Challenges and Trusting the Journey

The Role of Spirituality and Work in the World

The Importance of Appreciation for Happiness and Wealth

The Elements of Sustainable Systems

Gifts and Ownership: Finding Purpose in Everything We Have

Get the Snipd
podcast app

AI-powered
podcast player

Discover
highlights

Save any
moment

Share
& Export

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podcast player

Discover
highlights

We Study Billionaires - The Investor’s Podcast Network

RWH031: Abundance w/ Michael Berg

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

The importance of gratitude and appreciation

Viewing wealth as a spiritual responsibility

The connection between appreciation and happiness

Increasing our enjoyment of money through appreciation

The Power of Appreciation and Humility

The Significance of Tithing and Giving

The Power of Delayed Gratification

Embracing Challenges and Trusting the Journey

The Role of Spirituality and Work in the World

The Importance of Appreciation for Happiness and Wealth

The Elements of Sustainable Systems

Gifts and Ownership: Finding Purpose in Everything We Have

Get the Snipdpodcast app

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Get the Snipd
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