Robert Rosenkranz, chairman of Delphi Capital Management and author of 'The Stoic Capitalist,' discusses how Stoic philosophy shaped his ambitious career. He explores the integration of Stoicism with capitalism, emphasizing the importance of risk-taking and mentorship. Rosenkranz shares insights on enhancing public discourse through open-mindedness and examining personal growth through art collection. He reflects on applying Stoic principles during crises and aims to motivate young readers while fostering civility in political conversations.
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Childhood Shapes Stoic Mindset
Robert Rosenkranz grew up in a tiny, financially precarious apartment, which taught him early self-reliance.
This childhood obstacle shaped his mindset that obstacles become paths to growth and success.
volunteer_activism ADVICE
Use Reason to Control Emotion
Regulate emotions with reason instead of repressing them; acting purely on emotion often leads to poor outcomes.
Take responsibility for how you act on emotions, using rational thought as a guide.
question_answer ANECDOTE
Facing Fear With Rationality
Rosenkranz took a big financial risk starting his own business, willing to lose his entire liquid net worth.
He overcame fear by rationally assessing the worst-case outcome, which was manageable, helping him proceed confidently.
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The book 'The Capitalist' was intended as a fictional story set at a billionaire's estate in Jackson Hole, involving a discussion between family members about capitalism. However, Chris Widener was inspired to write 'The Coming American Revival' instead of completing this work.
The Capitalist
Chris Widener
The book 'The Capitalist' was intended as a fictional story set at a billionaire's estate in Jackson Hole, involving a discussion between family members about capitalism. However, Chris Widener was inspired to write 'The Coming American Revival' instead of completing this work.
The New Cold War
David E. Sanger
Letters from a Stoic
Seneca
Seneca's "Letters from a Stoic" comprises a collection of personal letters offering practical advice on living a virtuous life according to Stoic principles. Written to Lucilius, a friend and student, the letters cover a wide range of topics, including dealing with adversity, managing emotions, and finding inner peace. Seneca's writing style is engaging and relatable, making complex philosophical concepts accessible to a wider audience. The letters offer timeless wisdom on self-improvement and ethical living. They remain a valuable resource for anyone seeking guidance on navigating life's challenges.
The Enchiridion
Epictetus
Tony Darnell
Thomas Wentworth Higginson
The Enchiridion is a concise summary of the basic ideas of Stoic philosophy and provides techniques for transforming these principles into a way of life. It was compiled by Arrian from the teachings of Epictetus and is notable for its practical advice on moral conduct in various life situations. Unlike the Discourses, which present Epictetus' teachings in a more dynamic and situational context, the Enchiridion is a more structured and concise guide to Stoic living[1][5].
Meditations
Marcus Aurelius
Meditations is a series of private writings composed by Marcus Aurelius, one of Rome's greatest emperors, as he struggled to understand himself and make sense of the universe. Written between 170 and 180 CE while on military campaigns, this work combines Stoic philosophy with personal observations on leadership, duty, mortality, and human nature. Through twelve books of intimate thoughts never intended for publication, Marcus Aurelius explores themes of self-improvement, resilience in the face of adversity, and living virtuously while accepting what cannot be changed.
From modest beginnings to a distinguished career, Robert Rosenkranz, the chairman of Delphi Capital Management and founder of Open to Debate, has used Stoic wisdom to navigate challenges, innovations, and business relationships. In this conversation, John Donvan speaks with Rosenkranz about his new book, “The Stoic Capitalist: Advice for the Exceptionally Ambitious,” how ancient philosophy shaped his pivotal moments, why he launched Open to Debate, and how disciplined thinking can unlock enduring accomplishment and serve as a guide for anyone seeking success and a life well lived.
Our Guest: Robert Rosenkranz, Author, Chairman of Delphi Capital Management, and Founder and Chairman of Open to Debate
Emmy award-winning journalist John Donvan moderates
Open to Debate 
