The Daily Stoic

Can a Billionaire Be a Stoic? | Robert Rosenkranz (PT. 2)

122 snips
May 10, 2025
Robert Rosenkranz, a self-made billionaire and founder of the Open to Debate program, joins Ryan to explore profound intersections of wealth and Stoicism. They discuss how upbringing influences our relationship with money and the value of detachment in achieving true freedom. Rosenkranz emphasizes mastering one's mindset for mindful wealth creation over mere accumulation. The conversation also touches on navigating emotions in decision-making, the significance of relationships over riches, and empowering children to define their own success.
Ask episode
AI Snips
Chapters
Books
Transcript
Episode notes
INSIGHT

Love the Process, Not Profits

  • Loving the process of building a business or art is crucial; profits and success are incidental byproducts of genuine engagement.
  • Success comes from embracing the full experience rather than focusing solely on outcomes.
INSIGHT

Joy in Wealth Creation Process

  • Robert values the process of creating wealth more than the money itself, finding joy in pursuing activities that develop his full range of talents.
  • He lives beneath his means, making his lifestyle comfortable yet not extravagant, providing freedom from financial worry.
INSIGHT

Justice in Acquisition Process

  • Fairness lies in the process of acquiring wealth, not the final distribution of it.
  • If wealth results from free exchanges without coercion or dishonesty, the outcome is just and should not be meddled with.
Get the Snipd Podcast app to discover more snips from this episode
Get the app