Introduction to Stoicism

In 2014, like most people, I was skeptical and largely uninformed about Bitcoin. At the time, it seemed like a quirky internet fad, reminiscent of the infamous Dutch tulip mania from the 17th century—something bound to disappear as quickly as it had come.  Unfortunately, I was listening to the likes of Peter Schiff at the […] The post 461: Bitcoin and Central Bank Digital Currencies appeared first on Wealth Formula.

Buck introduces his brand new health and longevity podcast, Longevity Junky.  Longevity Junky is a compelling and accessible new podcast that works for all longevity enthusiasts, whether you’re a hardened scholar who craves detailed science or a relative newcomer to this fascinating and quickly evolving world. Dr. Buck Joffrey, MD, is a former neurosurgeon, successful […] The post Has the first person to live to 500 already been born? appeared first on Wealth Formula.

Buck and Zulfe discuss the concept of sovereign wealth funds and their purpose, particularly in countries heavily reliant on a single source of revenue, such as oil. They also explore the idea of the United States establishing its own sovereign wealth fund and the potential challenges and drawbacks associated with it. The conversation touches on […] The post 460: News of the Week 09/11/24 appeared first on Wealth Formula.

Today, we’re diving into a topic that’s sure to ruffle some feathers, particularly if you’re a fan of Austrian economics. Look, I get it. Austrian economists have an appealing story. It’s neat, it’s clean. You save money, you balance budgets, and the free market solves everything. It’s almost comforting, in a nostalgic way, like when […] The post 459: Richard Duncan on What Austrian Economists are Afraid to Tell You appeared first on Wealth Formula.

Buck discusses the concept of stoicism and its application in modern life. Stoicism is a timeless philosophy that teaches us to master our emotions, focus on what matters, and thrive in the chaos of modern life. The key idea in stoicism is that we have power over our minds, not outside events. We can control […] The post Introduction to Stoicism appeared first on Wealth Formula.

In the fast-paced world of technology, missing out can be costly. History shows that those who fail to adapt often face devastating consequences, while those who stay ahead can seize game-changing opportunities. This is a lesson every investor should take to heart. Take Kodak and Blockbuster, for example—both giants in their industries, but both brought […] The post 458: What You Need to Know about Artificial Intelligence appeared first on Wealth Formula.

Buck shares his experience with a retinal tear and detachment and how it reinforced the importance of gratitude and perspective. He discusses the psychological benefits of gratitude, including improved mental health, enhanced resilience, and stronger relationships. Buck suggests practices such as gratitude journaling, mindful appreciation, expressing thanks, and reframing challenges to cultivate gratitude. He emphasizes […] The post Gratitudes from a Retinal Tear appeared first on Wealth Formula.

Buck and Zulfe Ali discuss various topics including the shift from a W-2 mindset to an entrepreneurial mindset, the current state of the economy, and the performance of different asset classes. They also touch on the upcoming Fed rate cuts, the revision of jobs data, and the rise of gold and Bitcoin. The post 457: News of the Week 08/28/24 appeared first on Wealth Formula.

Most people think that having a job is the safest way to secure their financial future. They wake up every day, punch the clock, and assume that as long as they keep doing their job, they’re safe. But let me tell you something to wake you up a bit: A job isn’t as safe as […] The post 456: The Illusion of Job Security and the Power of Financial Diversification appeared first on Wealth Formula.

Buck discusses the science of habit formation, specifically focusing on exercise. He explains the habit loop, which consists of a cue, routine, and payoff, and how habits are engineered through repetition and reward. Buck emphasizes the role of dopamine in motivating and craving habits and highlights the importance of consistency and creating a consistent environment. […] The post The Science of Habit Formation appeared first on Wealth Formula.