How Stoicism Makes Us Better at Money — ft. Ryan Holiday

In 'The Obstacle Is the Way', Ryan Holiday presents a framework for turning obstacles into successes. Drawing from the philosophy of Stoicism and the writings of Marcus Aurelius, Holiday outlines three disciplines: perception, action, and will. He illustrates these principles with historical anecdotes from figures such as John D. Rockefeller, Amelia Earhart, Ulysses S. Grant, and Steve Jobs. The book emphasizes the importance of perception in shaping one's response to obstacles, the need for intentional and creative action, and the cultivation of will to persist through challenges. Holiday argues that by adopting these Stoic principles, individuals can transform their obstacles into opportunities for growth and success.

In 'The Algebra of Wealth,' Scott Galloway provides a comprehensive framework for achieving financial security. The book is divided into four main themes: Stoicism, Focus, Time, and Diversification. Galloway advises readers to follow their talent rather than their passion, optimize big economic waves, and use stoicism to develop better financial habits. He also emphasizes the importance of compounding interest, diversification, and tax planning. The book is written in Galloway's characteristic straightforward style and includes practical advice on building character, relationships, and a successful career.

In 'Right Thing, Right Now', Ryan Holiday argues for the necessity of doing what’s right, even when it isn’t easy. He draws on stories of historical figures such as Marcus Aurelius, Florence Nightingale, Jimmy Carter, Gandhi, and Frederick Douglass to illustrate the importance of justice, kindness, honesty, integrity, and loyalty. The book emphasizes that justice is not an abstract concept but a daily practice that shapes one’s character and impacts those around us. Holiday challenges readers to develop their own moral code and uphold it consistently, providing concrete steps and exercises to help incorporate these values into their lives.

In 'Stillness is the Key', Ryan Holiday explores the concept of inner stillness as a universal principle across different philosophical and religious traditions, including Stoicism, Buddhism, Epicureanism, and more. The book is divided into three sections: stillness of the mind, stillness of the spirit, and stillness of the body. Holiday argues that cultivating stillness allows for better decision-making, increased focus, and a more fulfilling life. He uses anecdotes from historical figures and contemporary examples to illustrate the importance of moderation, patience, and self-awareness in achieving this state of stillness.

In *Ego Is the Enemy*, Ryan Holiday delves into the concept of ego and its detrimental effects on personal and professional success. The book is divided into three sections: Aspiration, Success, and Failure, each offering valuable lessons and perspectives. Holiday draws on a vast array of stories and examples from literature, philosophy, and history, featuring figures such as George Marshall, Jackie Robinson, Katharine Graham, Bill Belichick, and Eleanor Roosevelt. These individuals achieved great success by conquering their own egos, and their strategies and tactics are presented as models for readers. The book emphasizes the importance of staying grounded, continually learning, and embracing a mindset of growth rather than letting ego hinder development.

This book provides 366 meditations on Stoic wisdom, featuring new translations of passages from Epictetus, Marcus Aurelius, Seneca, and other Stoic philosophers. Each day, readers are presented with a Stoic lesson explained in modern language, along with advice on how to apply these lessons in everyday life. The book is organized temporally and thematically across the twelve months of the year, making it a daily resource for practicing Stoicism.