We Study Billionaires - The Investor’s Podcast Network

TIP785: My Reflections on Money, Life, and Happiness w/ Stig Brodersen

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Jan 18, 2026
Stig Brodersen shares profound insights on money and happiness, discussing how wealth amplifies our true selves. He warns against lifestyle creep, explaining its subtle impact on joy. Stig also stresses the importance of surrounding ourselves with people who nurture kindness and growth. He dives into the obligations that come with wealth and the concept of hedonic adaptation, where desires grow with wealth. Ultimately, he reminds listeners to focus on being useful and enjoying the journey of their financial choices.
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INSIGHT

Money Magnifies Character

  • Money amplifies existing character: kind people become kinder and jerks become worse with wealth.
  • Spend money to avoid being a bad version of yourself, not to chase instant happiness.
ADVICE

Upgrade Slowly To Preserve Joy

  • Avoid rapid lifestyle creep by upgrading slowly and intentionally to maximize satisfaction per dollar.
  • Choose small, meaningful upgrades (better sleep, daylight, gym access) that reduce becoming a worse self.
ADVICE

Be Kinder As You Grow Richer

  • When you gain influence, default to extra kindness rather than blunt honesty.
  • Prioritize compassionate delivery and choose kindness over being right when power tempts harshness.
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