Optimal mental
this altitude I can run flat out for a half mile before my hands start shaking and oils you a personal question. I'm a cybernetic organism living tissue over metal endoskeleton.
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Well, hello boys and girls ladies and germs, this is Tim Ferriss and welcome to another episode of the Tim Ferriss show. This is a special edition the random show with Kevin Rose my good friend a Serial Tech founder and entrepreneur and investor of all different types. He really spans. The Spectrum does a lot of things and in this episode we talk about many things. It is called the random show for a reason after all surfing the waves of covid deleting social media apps Zen quick Innings strange beers.
Kevin's been enjoying some of the best in the world. It turns out for not that much money grilling investing. We talked about investing towards the end and we cover a lot of ground a few caveats. We are not registered investment advisors or Professionals of any type. We are not medical doctors. We don't play either on the internet and anything you find in this conversation is for informational purposes only so before taking any action on anything in this, please
Please consult your local qualified professional and with all that said please enjoy this wide-ranging and rambling conversation with Kevin Rose.
Here we are again. Here. We are again. I love it. Good to see you. You're in the the dark cavernous. Is that a man cave? Is that a bar where you look it's very light colored alternate universe. Yeah, you look a lot more peaceful than my kind of dungeon. I'm down here in the this is the bar actually but it's now it's office. It was a bar. It was a kind of a cool place to hang out and have people friends.
Our but in covid times it's an office and I got a mic hooked up here and on my computer crap and mail and all the other stuff. So if you like all of your BDSM dungeon equipment is hiding that is you idea.
That is you do you want to talk about that?
No, no, look. Look. I am actually in my acupuncture office. You may recognize the acupuncture shelves behind me. I am in fact in an acupuncture office, but it's not mine as you just renting one out or what are you doing? I'm borrowing fast Wi-Fi.
In an undisclosed rural location where my internet speed is otherwise 0.5 megabits per second, which doesn't allow us to do calls like this. I am on a farm and in the middle of the woods, I've a bear living about well, in fact probably hundreds of feet from me at times. I like a real full on Bear. Yes a huge black bear, but it's a huge bear. It's a gigantic healthy black bear.
Like we haven't really trained one kind of thing or
Not trans, no tricycles. No tricks, no dancing and on the sidewalk for pennies. This is a wild black bear. We haven't yet met. I've met Fox coyote all sorts of other animals, but have not yet met the bear just seeing photographs that my friends have taken. Have you done bear training? I have not done any better training. So that's a real thing. Yeah. No, I haven't but our mutual friend. Mike mazur sent me photos last weekend. He went up.
And did some he's lives in Montana and he did some bear training like they bring into real loud Bears of the tackle you that's where it's like wrestling with big dudes with beards. Is that pretty much
like your tracks and I think I did otter training when I
was in San Francisco, but no real legitimate bear training. I've done raccoon and squirrel. Those are my two certifications if people have not actually seen Kevin's raccoon video. He's not lying heat. He didn't actually
Do any raccoon training but you got thrown into the swimming pool like turned into an Olympic swimmer in Mom real quick to defend your your your little pup toaster people can search Kevin Rose raccoon and get to that I haven't done bear training. If you're in Montana, you need legit bear training because you have terrestrial great white sharks AKA grizzly bears which are very very different from the supposedly. The black bear is a pretty chill, right? They seem like they
I avoid humans and tend not to Prey Upon humans. So that's a good thing. You carry bear spray though. I take it I do not currently carry bear spray make a lot of noise when I'm hiking. Hmm, but that's about it at this point probably should do more research. But one of the things I've been getting into is plant and suppose this would be a subset of that but tree identification. So that's been selling cattle spending a lot of time on I've been doing probably two to three hours of hiking in the woods per day.
And that involves a whole bunch of gear aside from my lack of bear spray. So I wear a limit ich pants. They have Permethrin in the fabric. So you avoid ticks which is super important. If you're anywhere are certainly on the east coast and anywhere else and then have you ever seen a goruck rucksack. I believe they're based in San Francisco. No, I don't believe so. They're our backpacks designed by
While the CEO and founder his former Special Forces to carry customized weight plates. So for a replacement to running because I like to think that I like to want to run but I don't actually enjoy running very much in it. It bothers my knees. You can do these weighted hikes where you'll have say 20 or 30 or more pounds on your back, but the backpacks are designed specifically designed to carry these Square weight plates. That's it. Hi,
On your upper back so that you can have better ergonomics as you hike and it's been yes, I'll just I was like, I'm curious about that because I have a weighted vest that I have, you know, the standard one like you order on Amazon and I was used on the treadmill sometimes just for like a super low grade but you know adds an extra 15 or 20 pounds of how is this I think it's just position the way that position better so you don't hurt your back the way that it's pitched and I've only used a weight vest once just as a quick side.
Note so when I used a weight vest I had no point of reference. This was probably 2008 or 2009 when I was working on the 4-Hour Body and I thought I can work with a weight vest and this was but I think it was before they used weight vests and the CrossFit Games and so on and I had no idea how much weight to use and I was like, I'll just get like 50 or 60 pounds that seems like a good a good starting point. So I put on 60 pounds and I would usually go for like a three mile walk in San Francisco and
I got 3 miles out and I was like, I'm fucking done I can't do this. And so I
left the best on the sidewalk and walked
back. I couldn't I couldn't hack. It was also in the summer. But if you read the website would be led to believe that the vests have more of a suffocating effect because you also are carrying weight on chest hmm. He's are intended to mimic more of long-distance piggybacking ergonomics you have right?
It's actually piggybacking but with the weight higher up on your back. So I've found it surprisingly comfortable. I have some spinal issues in my upper thoracic back. So let's just call it lower cervical and wearing backpacks for long periods really bothers my back but these bags actually allow me to train usually for no more than about an hour and a half without any subsequent back pain as long as I don't overdo it so
It's been it's been really nice to build up the lower legs. I'm also jumping rope using both in a way to prepare for possible trail running and feeling great feeling just fantastic. I listen to audio books or do phone calls typically while suiting up to questions one. I had always heard at least back in the day like when you're backpacking that's always take get a backpack where all the weight is kind of pushed down to your hips. You're carrying on your hips and it's not so much of your back. Why wouldn't you want something like that?
And to your jump rope Point, did you hear the Tyson's going to fight again? I did hear that Tyson's going to fight again easy. It is crazy. Also the hip stuff. Alright, so the hip stuffy I would imagine if you are carrying a lot more weight or if you're just hiking for efficiency and not as a workout that probably makes a lot of sense what I have found personally is that if I have a backpack with a weight strap and shoulder straps. Maybe I'm just using them incorrectly, but it tends to pull.
Me backwards and I jump my head forward quite a lot. There are training recommendations and guidelines on this this site. I think it's just go rock.com and I followed those so they encourage you not to lean forward. They encourage you to stand up straight and very deliberately do not have a chest strap or a waist harness. I'm sure you could train with other approaches, but the fact of the matter is my let's just call it upper middle back always hurt after a short period of time of carrying backpacks.
Wherever I would be walking around in the city whether it was San Francisco years ago or in Austin or elsewhere and doing this. I got a great workout. But without that subsequent, it's really spinal pain basically the musculature around spine or maybe even the connective tissue. I've had some bad when it ceases up to. I don't know how many times you've had your back seized on you or you'd like you just can't move. Oh my God. It's like it's like worst it is. Yeah, and it sucks. I have two little monkeys.
Like hanging on me all day long with little girls, you know, and I'm just like they just tweak you one way or now like I'm in my 40s if I cough my with my head pointing the wrong direction. My back is just like he's like seizes up on you. Well, I feel like that's a good segue to what lazy bastards we are compared to Tyson is in his 50s, isn't it? I know he's like six almost 60. So let me ask you a question like straight up 10 million dollars. No. No, that's not enough money for Tim Ferriss Tim Ferriss.
200 million dollars
no bullshitting. No Fallen to the ground. Would you step in the ring with Tyson today? Absolutely not.
No. That's no fucking way. You think you
can win? Well, number one absolutely would not win. Do you have a black belt? I mean, yeah in Judo, I mean, it's sort Judo. It's very different from like raised in I think his boat Brownsville with you know, how many rounds
get to go schist. Oh, absolutely. We're talking boxing or anything unless I jumped guard and just hung on for dear life. Like a co-op koala bear. I would not last one round. I probably
wouldn't last minute. I think you could last one
round. I don't think so man. If you covered up completely like you just put your arms in
full title position
and just let him punch you in your arms. Yeah.
As people have not been hit by a trained fighter. I've been hit by train Fighters and it's a lot worse than you think it is. It's yeah a lot worse and as someone who's had head trauma before and concussions, so I was never very good Striker. I was I was a better Grappler and it wasn't a great Grappler either but I was I was decent but a lot of wrestling background in Judo and so on but I would just get whacked in the head of everything Spaceballs. Well, yes, of course where
Dark Helmet is that at Bay with one arm and he's swinging isn't hitting anything. I was basically Dark Helmet whenever I sparred because I was heavy for my height. And so I'd end up with these goddamn six-foot-two like hundred fifty Pounders who had just tee off on my head from a distance Non-Stop and I ended up I think with some long-term damage and consequences from that. So traumatic brain injury. I have zero interest in these days, so I would not for any price.
Not even if it was like grappling like MMA Style with Tyson.
The problem is I wouldn't risk it I wouldn't risk it man. Yeah, definitely get in one good
shot. That's right. That's right. All that's all it takes. Right like
he you could try and then he just needs to get the right angle and then you're out. It's just over. The other thing to remember too is that speed goes with age and speed is one of the first things if you watch say Roy Jones jr. or a lot of these fighters who had a winning style predicated on speed once they lose half a step. They start getting knocked out.
Tyson was very very fast. But he's also ungodly strong and he's got old man strength that yeah has not diminished. Can you watch those videos? I have watched some of his back his ideas. Yeah his pad and Network
videos
and well, we'll put some in the show notes for people to check out them. If they just searched, you know, Mike Tyson new videos. I'm sure they'll pop right up.
Terrifying they're really really terrifying because I've been hit by some decent Strikers. And I mean you feel afterwards your the bruising of your brain. I mean your brain is bound ricocheted off the sides of your skull like a big ice cube being shaken and a fucking Shaker and that's not good for you. You know, I can contribute to depression it can contribute to dementia early-onset Alzheimer's I I am so uninterested.
Did yeah, I'll take my chances with the bear over Tyson anytime. I don't know for our body. Tim would have would have might have been interested a few few years ago for our body Tim is like Evel Knievel, right? Like I'm gonna jump Grand Canyon and just wipe out into the wall break every bone in my body. And at the time I think I just assumed that I could automagically repair all of that and the fact is not to imply that there's a lot of that in the book. I don't think there is but there's a certain
sense of immortality or invincibility that you have when you're younger, which you you learn is very misplaced when you get a little bit older and that's not to play the crotchety old I go. Oh my God, once it's third is all downhill. Once it's 35. It's all downhill. You always meet lazy people who say that shit. Yeah don't want these don't want to put in the work because it takes a little more work when you're not in hormonal Nirvana to keep that little python that's swallowed a goat Physique in a
Like Dad bod at Bay, but the fact the matter is like without higher testosterone levels and so on your recovery time and and everything else is is extended. Right? So I am so uninterested in injuries these days especially during covid, right? The last thing I want to do is put up some home-based Parkour course and like braids. Just trying to scale the garage and then have to go to the emergency room. No way. Yeah. Thank you Roy.
A Jones jr. On it. Yeah, that's Ison. You don't know what Mike might do. Is it Roy Jones jr. That would be a huge weight class. Mismatch. Let me just fact check this real fast. Roy Jones jr. Was boxing not that long ago, right?
It's Betty White is it is Roy Jones jr. Oh, it is Roy Jones jr. Why 8-round exhibition fight this hippie one super super interesting Roy Jones jr. I watched a lot and these are both fighters who capitalized on incredible speed and now they're older. They're both strong. Tyson absolutely has a strength of Jesus. Tyson is 5 10 to 40 Roy Jones jr. Is
3 I don't know where his hide is because it's a here you'll 193 to 240. That's a big weight difference. Yep. You really don't want to get hit by either of these guys. So to make that exhibition looks like an exhibition fight on September 12th, that's really soon that Roy Jones jr. Is gonna have to dance he's really gonna have to dance and I don't know the last time that he had a dance card with
It's quite this high and then any might be laughing all the way to the bank, but honestly, it's like if Mike Tyson hits you hard enough, you're going to have trouble finding the bank. Yeah, exactly. Oh my God, I'll definitely watch that fight though. Are you kidding? It's crazy. It's good to see him back though, man. You know the cool thing about it is I saw Tyson being interviewed and he pledged 100% of the proceeds to charity. He's he doesn't care about making any money off. This is it that
It's not where his happiness comes from anymore. Like it just seemed like really like a different version of Tyson that was refreshing to see, you know, seems like he's a lot of a lot of work on himself. Yes. It seems that way. I mean, it's I did I imagine you're not fears anymore. I don't think it's fighting off ears. That's a good start in something element. Stop biting off ears and it seems like he's done a lot of work as a video on which was an interview of Tyson.
His 5m e o5 methoxy DMT experience. Oh crazy. Yeah. Yeah, and I don't know who the sitter's were for that but you either have to be really really really good with lots of safeguards. Are you have to be incredibly fucking stupid to be in a room where you volunteered to hold down Mike Tyson money's
hon. I've been being a damn thing the
fuck that I
know. Thanks. Yeah, you get a
big
padded room and you kind of have to do it via like yeah through the glass of cognac.
Exactly.
All right, Mikey. Here's the to here's the tube through the window. Exactly. You're gonna do great. Oh my God. It's like the Hulk when he like a rops and just like, you know, you can't contain him. Yeah. You don't want to be at it you don't to be anywhere close to that. So what have you been up to man? It's been actually quite a while since we've caught up. It's been at least a few weeks since we had a proper.
Conversation. Yeah, I know and then our last podcast that we did. I mean we were just in like a horrible place like our last podcast
was when covid-19 Ali
starting to hit and we're both like well, we'll see you hope to see us sometime, you
know like anything but we thought the end was near
Lisa. You still kind of feel that way though, huh? Well, not the end but lots of changes for sure. I'm less concerned about the virus wiping out everyone which I didn't think was going to happen to
in with but I didn't like the at the time what we understood to be the characteristics and kinetics of the virus still very very glad that I made the public statements and publish the blog post that I did which I still stand by but I am very concerned about the
the secondary and third order effects of economic destruction and high rates of unemployment very understandable anger and frustration and strong emotions coming from not having work not having a sense of purpose for millions of people and also just having
having a very very polarized political machines. We're capitalizing on that heightened emotion to try to further their aims on all sides. This is this is this is a defining I would say characteristic of a sort of opportunistic political maneuvering, so I'm very concerned about the country. So I'm not the game is far from over if we had a working vaccine tomorrow.
And we're prepared to distribute what percentage of the u.s. Do you think would volunteer even if they were told that it were mandatory who would comply what percentage of the population do you think would comply and actually get a vaccine and since we don't have any state to state restrictions in terms of travel. I mean, there are recommended 14-day right self quarantines and so on but there's no real enforcement is no real follow-up. That's right.
So what I mean what percentage of the country do you think would actually take a vaccine fully distributed thought to be effective.
Yeah, I mean, I think I guess it also depends on the window of time that you're talking about. Right? I mean, I think that a lot more people will take in a month three verses month one, you know? Yeah, so I would say that does it well, I guess my luck with the question though is does it really matter? Like you and I are going to take it right like just it'll be a certain subset of people that won't and you know, it's like you're kind of rolling the dice with your own life. And at that point there's you've done all you can do.
Yeah, damn, it sounds horrible to say that but like how do you you can't force someone to like stick a needle in their arm, so you have to do the best you can at education at demonstrating safety and efficacy and then you know, hope for the best I would say though. It's probably going to be more than you would think. Well what percentage of folks get the flu shot every year. I guess I would be a good proxy. Yeah, I don't know and then and then I would say we will be higher than that.
That because flu is very optional for a lot of people not as deadly. So yeah, it's hard. It's hard to back into a number like that. But I would imagine it would be somewhere around 70 percent or greater.
Would you think of you probably think of like 20% I'm thinking 20 to 30% by month three, that would be my that would be my guess. That's what I hate that are you doing it month one. I you know, this is this is where we're going to get ourselves into trouble. I'm not a medical professional not giving medical advice. I would not want to be the first monkey shot into space, but we might edit this out later because I also don't want to discourage people from getting a vaccine. But if we're breaking every land speed
occurred in developing a vaccine for a virus that we understand very incompletely. You know, I have my own misgivings. I do think vaccines are incredibly valuable to the individual and to community and Humanity overall.
And we simply don't have a lot of data on this virus. So we'll see your point about the economy though that I think that's going to be the difficult piece of this and getting folks back to work and getting the average consumer to trust restaurants again to trust bars again to trust all of concert venues all of the things that we used to do to drive up the economy. And and you know, I just can't see it bouncing back as fast as people have said it's going
To I think I think we're in minimum year and a half to year.
Yeah tough is that tough? Peels right off trench? Yeah, so I got as you put it as you poetically put it to me some time ago. I think we're in for a slow donkey. I
think I
think we are looking at a slow donkey here. Yeah, sometimes people call you and you're like, there's no way I said that like I definitely said that that was something that sounds like something I would say. So well, here's the crazy thing man. Like I've been thinking more about Universal basic income and and the
the one thing that the biggest at first I was like no, there's no way why do we need it seems like a waste of money, you know, so just giving out money doesn't seem to be a solution for anything and then two weeks ago a new API came out from a group called open AI which is this artificial intelligence group. Have you seen anything created by this GPT 3 we've seen this at all. I've seen christakis experiments with it. I haven't played with it yet. He's seems incredibly.
Rest, I don't know what his involvement is if any but its its stomach. So
what I saw seems nuts,
it was some of the demos that I've seen lately. Are you give the AI a couple websites you go like here's a website. I like and here's another website. I like now design Mia website that looks like those websites, but is about a text based messaging app and it literally created a beautiful ready to go fully design website and like me.
Minutes that it came up with Honey's it and you're like, well
there goes all the graphic design jobs like, you know, like maybe not in the
next six months the next year but that is where it's going and like if that's going to be on a whole like AI is going to kill so many technical jobs and and it's his crazy. I don't see any way out of this like you have to become like a basket weaver or a Potter or a car or a cult leader. Those are that's a meaty went.
The first thing Daria said I was talking to my wife about it. She was
like, you know, it's going to be down to like Artisan crafts like the a I can't do like touched by human hands. I'm like, well, yeah, but like how many people need baskets
like how many you know, I mean like how many Artisan like artists do we need to be doing
this? Like I just don't know that there's that many jobs there. So maybe something like Universal basic income does make sense when eventually that hits and I worry that
They talk the talk now on the street is that a lot of these jobs just aren't going to come back. You know, they built the talk on the street. That's a phrase. I interview you like the street like Wall Street.
Oh, okay. Yes got it, but word on the street or around the quality. Neighbors are saying
I got it. All right. Yeah, the jobs aren't going to come back. Yeah. I mean if this is like v0, right if this is right draft, it's hugely.
I mean, it's awesome in the 18th century sense of the word Riley made its awe-inspiring and kind of Staggering and its implications and also really terrifying. Hmm. It is it's like writing books. Now you like you're going to be soon out of work as did you see some of the stuff it's writing like you can say write me a bedtime story and then it just goes and creates these beautiful like you could take that tweak a couple words and like put your name on it and people will do that and it's not going to show up again in
Any plagiarism dictionaries or anything like that? It'll but it'll be like 90% AI written. So I mean that would be a way to Rough Draft stuff. Right as I although I have to imagine it's pulling from other sources that might end up then having claims of plagiarism, but he's not from other
sources than the terms of creating
its mental model and understanding model of the data. So but so are we all right like the only reason you can write your books?
You're pulling from all your childhood experiences and all the other crap. So it's the same all the crappy childhood
experiences. Also
Sokka for those people who don't know very very very successful investor previous operator first fund of delivered something like 250 x like us and has done very well. He drafted a number of tweets and then let
Open AI but that's not the phrase. He used its. What was the other term that you used ogp? T3g? Pt3? What does that refer to that's just their most recent iteration of this type of Technology. It was 2 and now it's 3 I don't know what the GPT stands for exactly. I can find out though. Okay catchy catchy first. I thought he was talking about Grand Theft Auto need smoke too much weed. I wasn't sure what he was texting me about and he wrote a string of tweets and then he let G PT 3 write the next two or three.
And effectively impossible to tell apart right? I mean they did seem like tweets that he would write it was spooky. It's really cool it for those of you that are listening there. Like I have no idea what these guys are talking about. Like definitely go on Twitter type that in and just look for they have so many examples being tweeted out there just fun, they're crazy and fun and wacky and but but it's one of those things where you realize a major shift has happened like this is truly.
We a big AI shift in that, you know, I talk to Siri today and it doesn't understand half the shit. I'm trying to tell it and and you go into what you watch what this thing can do and you're like wow like this is an order of magnitude better than what we had just a couple months ago, you know. Hey Siri tell me predict what the slow dog is going to do slow Donkey
Time on Sundays. I'm so lucky. Yeah.
Oh my God. That's so fucking creepy.
Why does Siri it's because I said Hey Siri Auto activated on my phone and then had slowed donkey. I didn't get that. Could you try again? All right. Cirie, that's enough out of you.
Boy, so you were asking what we've been up to. I mean I just for me it's been more of the same in Portland though, you know, just kind of like enjoying the protest out here like not enjoying them. That was a joke. It's been really brutal downtown in Portland. The weather's been fantastic. But you know, it's like you got to look on the bright side with all this stuff going on and and try and find ways to I don't know just returned to some resemblance of some kind
of
And I don't know how you do
that for for us. It's like dark and I like on Friday nights, even though we don't leave the house like we actually get dressed up like we're going to go out to dinner and I know that sounds cheesy, but it's like breaking that pajama routine is a big deal, you know, and like eating outside now is nice like we're we have a backyard in Portland so we can go in the outside which is a huge change. But yeah, how about, how about you guys? How is it what have you been up to?
Well, it's made a big difference at least from my mental well-being to move from a more urban environment to a very rural environment to have access to Wilderness got some Muck Boots for people who are looking for some bushwhacking boots Muck Boots are amazing. So to knee high boots that you can wear through mud and anything you might want to walk through. They're not actually that
Suffocatingly hot for your feet. So I'll throw those on I'll throw on the tick pants and just hike for hours and there's so much land and so much of the u.s. That you if you're able to move yourself from point A to point B, and there are a lot of areas outside of Austin outside of a lot of major cities La outside of New York City where you can find space that has
Been incredibly clearing for me. I also deleted all social apps from my phone for weeks ago. That's crazy. You know, I did that a couple months ago. Yeah, I did the same experiment and I it's been fantastic. Yeah. I have I've I have missed exactly nothing of great importance that that I'm aware of meaning.
I talked to friends. I will occasionally on laptop. Look at say things that are trending on Twitter that might be relevant to anything that I can affect positively right or areas where I can mitigate risks or something like that. But the vast majority of news is going to make you either anxious or really pissed off and if you're not prepared or able to take action
Ian on something that is within your sphere of control. It's really just creating energy leaks that will drain you and I realized somewhere between I'd say six and eight weeks ago that I was extremely fatigued very tired and it was I think because I had so many stimuli in the form of different notification.
Or apps on my phone social Etc which were creating these powerful emotions without any ability to direct them towards something positive and actionable. Does that make sense dude? And so I've so I deleted them from my phone and talk to a lot of friends. And also we'll talk to members of my team, you know employees we do team calls.
Various types and feel like the signal-to-noise ratio has improved so much since I did that and I will occasionally probably twice a week look at at replies on Twitter because my listeners and readers are extremely helpful in helping me to find High signal articles or research studies that are really relevant to things.
No, I care about and focus on but outside of that. It has been such a freeing experience and I really feel like social by and large has been a huge negative dude. It's so crazy that we came to the same realization like to a couple months ago. I posted on Instagram my like final post saying I'm not going to be on here for a while in the same thing with Twitter and I removed all of them from my phone all the apps for my phone died and I stopped looking them all together. I have not been
A on Instagram since it's been like, you know, at least a couple months and I have gone back on Twitter because like you will two three reasons one. I some people communicate me with them. They're over DM that I don't actually have their phone number. And so sometimes there's important things that come through and then also there is important stuff in terms of the research I do for my job and investing and on tech companies and all that like it is a good source of that type of data, so but I still kept
Off
my phone so it is a desktop only experience for me now and I will tell you you're right. I think xiety goes down a ton the notifications to your device goes down and you don't realize you know, it's funny. I don't know if you got this feeling but the first like week I was opening my phone. I'm like, oh I wonder was oh wait, I don't have that app anymore. Did you like get that like like a
few times? You're like, oh, wait
a second. I don't have that app. The other thing I did which you might want to try. This is kind of an this is this is just dumb stuff people are listening. Like don't like I'm not trying to be holier than
Than that when I do this type of stuff, he's just like it's fun to do these little micro experiments. The other thing I did is I said, okay, how can I reduce the stress of my phone even more and that would be uninstalling even more garbage that I don't use that may or may not send me notifications, but with every app, there's like a micro mental burden somewhere buried in their of having just like one more thing to check or one more thing that is a potential distraction. So I said if I can't fit the apps on the homepage, I'm not going to have them on my phone. So
No, swiping sideways for more apps. So basically I have one Central lab just have folders or like 75 absence. I
do you have folders but here's the rule to folders the
folders cannot swipe sideways. So I only so that means a total of nine apps and folders. So basically this is my my home screen right here. And so you can see I just have to stop there. It's not like minute now the bottom the reason people are looking at the bottom the bottom the I do have a screen that
Go sideways that I put all the Apple utilities and crap that you kind of can't and uninstall like the compass app and the measure app and the calculator and like all that stuff in its own little side folder thing. But Buddha the categories and those buckets and that's okay. There's the here's what I have. The my categories are audio, which means for me that's pocket casts music app and Spotify audible Sonos for home stuff and Pandora. So that's good health. I have waking up. I have the strong app Dexcom or
Less zero for learning all the language learning apps that I want to go back to and Lumosity and master class and then Finance stuff. I have one screen of that which is you know, personal Capital Financial Times Wall Street Journal wealthfront. I like playing around with Clarity money and Barons and simplify and then I have home apps like home control now home means like I got a trigger barbecue which has been a fantastic addition this summer by the way, so I
Also got a trigger. That's really funny parties. Yes. Yes. What did you get? Looks like we're on Parallel tracks here. The the one that Timberline 870 I got the actually did get the Timberline 870 that's fucking crazy. That's the one I got I did get that and so I have that in Austin and at the undisclosed rural location I have I think it's a 650. So I got a slightly smaller one because I looked at they 70 and I was like
Okay, maybe it is this extra sheets. Like you can cook you can cook 20 chickens at one time and I'm like, I don't need to cook 20 chickens at one time. So I got a smaller smaller unit know maybe I did get a smaller unit as well. Now you have me curious to see which one I got. It doesn't say on the app right away. I think it is the smaller of the the Timberline version. But anyway, that's it. That's great when so last last one. So the home stuff has like things like that where it's like, you know, ring and Lutron and myself and to be clear you have an app you have a
Sager app which helps you to control the grill so you can check the temperature and so on and so forth. Yeah. So I just by the way wild salmon is running and it's on sale right now, but it's it's I've been smoking salmon like crazy. I've gone through six or seven different recipes. I finally found the perfect smoked salmon that I'll send you which one on the trigger app. That is it's fantastic, but you got to let it cure 24 hours. That's the key. You got to let it can't do any of these like little rubs.
You like for two or four hours, you got to do a full 24-hour cure on it cool. That doesn't happen. I've been dialing in the trigger like crazy.
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Yeah, I've been cooking a lot period right we've been cooking a lot at home and cooking a lot of venison. Also. I don't know if I don't know if you even know this Kevin, but I ended up, you know, you definitely know you can you can confirm this I invest in very very few things these days and about a year ago.
I invested in a venison harvesting operation in Hawaii called the Maui Nui venison for those people who are not watching the video. Kevin is laughing and really thought to myself there's no way this is ever going to make any money but I like the ethos and the principles behind it because Axis deer are an invasive species in Hawaii. They've destroyed a lot of ecosystem.
They've damaged compromised coral reefs because of runoff after removing vegetation and this operation harvests Axis deer and they just approach it in such a thoughtful.
Such a surgical way and the meat is so incredibly good Peter T is obsessed with this also by the way, and which he can and he's the one in a way who convinced me to combine the trigger with this this Maui Nui venison. So the the leg medallions are better for cooking indoors, but rib racks steaks. All of that are just incredible and you've probably realized this on the trigger that one of the benefits of having and for people who don't know what the hell were talking.
Talking about this is a wood. This is a wood pellet fueled Grill. You could also think of it as a smoker in a lot of ways. I tend to think of it more as a smoker than a grill because you're not going to get it's more difficult to get say the Searing on a burger in a tree. There's no direct direct flame. That's right. But but if you cook ribs at super low temperature like a hundred and sixty-five or a hundred eighty-five you just get the most incredible.
Edible flavor. Oh, yeah. I did. I did ribs last night. I did some Heritage pork ribs, by the way, speaking of trading places to buy meat have you used crowd cow doll? I've not used crowd Cal, you know, they're a couple of these companies. I have used butcher box, which might be similar. I'm not sure I don't know crowd cow. Yes a crowd cow is essentially what they've said is like, okay, there are you know a dozen or so probably more amazing Farms the United States that are these like
small little tiny mom-and-pop Farms. They don't really have way to get proper distribution online. First of all, they don't even know how to set up their own online, you know site and so let's go to them and and put them on our site and it's only like the best small little amazingly run farms and also they work with Japanese Farmers as well. So they get in some of the best wagyu that I've ever had a five certified with all the
Grams and everything on there and they work with a couple really small farms out there and that that's fun stuff. So do you choose you then choose the farms? You want to buy the meat from you pick individually? Yes, so you can do it. I think how they started was like you had to kind of put together a portion of a cow like X number of pieces and then you would save like you're going in on a cow now. It's like all I think that's a feature in there somewhere, but now it's like all all Lockhart now so you can just go I just want some amazing rib eyes, or I want to Iraq and like
They're just right there ready to buy cool. Yeah butcher box kind of mixes and matches and you get a membership. So I have pork and beef from them as well. Another one that is close to our long ago home in NorCal Isbell Campo. I don't if you've tried any of their stuff now Del Campo has incredible Ribeyes. So those those are the two non venison sources that I've been trying these days, but that's that's about it.
As far as Miko's I've tried to really do a take a less is not less is more. But like if you're going to eat meat like really do it in a thoughtful way.
As possible and which I recognize is in a sense a luxury right? I mean it is because we have the the means to sort of explore some of these options and some of them aren't cheap certainly triggers aren't cheap trick wasn't it expensive man? They make ones that are further down the line that aren't the fancy fancy ones that actually do a great job smoking. My buddy has one of the ones you can buy at Costco and it is it's phenomenal and they're not they're not create. I mean, they're not cheap, but
Crazy crazy, they're not talking thousands of dollars or anything, you know? Yeah, so so I've been enjoying really paying attention to the fundamentals for me. Just harkening back to what you said about us being in a pretty bad place stressed out play some and I wasn't very anxious stressed out place for really long time. Once I kind of saw the comet of covid headed towards play, you know plan at her that / United
it's since early February, right? So I've had this low grade or high grade anxiety for months and eventually just get fucking tired of the anxiety. So you want to figure out approaches to lessen it and for me, it's it's really been keep it simple stupid right eat good food cook food. Take time to prep it super meditative. If you're using a sharp knife, you got to pay attention or you're going to chop your little pretty fingers off and
It's I've been doing HRV training. So heart rate variability training with breath work and it's the jury still out of it doing that for five weeks twice a day for 20 minutes. Can I ask what that practice looks like? Yeah. It looks like using an app. I'm using one called breath or actually it has a very generic name but this is not to imply that it's the best app out there but it's still on breathing just called breathing and it's a circle that opens and contracts to help you time the duration of your inhale and exhale.
What is it? What is the the you know, sometimes was the 478 breath. There's five and a half seconds and five. This one is I think I'm doing 3.7 second inhale and 6.3 second Excel and I arrived at that or I didn't I'm working with a doctor. I don't want to mention her name just yet. But I'm working with a PhD who sent me a kit which includes a pulse oximeter which you put on your thumb to track your
Pulse and heart rate and and then let Ox as well right and blood Ox although I think we're looking less at that and then a rest respiration strap. So it looks like basically a bra that you put on under your nips. And what would be just above your navel and as you breathe and it expands their sensors that track that and so you can correlate.
And superimpose your breathing on your heart rate and she would then take me through we would we would use zoom share screen and she would take me through different exercises to identify which duration of inhale and exhale seemed optimal for me in terms of activating my sympathetic. I'm sorry, my parasympathetic nervous system. So more of a autonomous relaxation response and if people have trouble separating the two so
Sympathetic you can think of stimulating s equals stimulating sympathetic like fight or flight fight flight freeze. It's not quite that simple but useful shorthand and then parasympathetic would be more of the Letting Go calming and I have incredible hyper-vigilance. I mean, I don't think we're going to get into it today, but it's a lot of gnarly stuff happened to me as a kid and my system well as she would put it I am cardiac.
Hyper reactive so little things will send my heart rate shooting to the ceiling and then my heart rate will stay elevated for hours and and that's part of the reason to the tune of what like what 90 beats a minute like not crazy at 80 to 80 to 90, but that's I mean we're talking like six seven hours. That's a long time Tammy. I was worried. You're going to tell me something worse. But yeah, that is that is that's like, you know that you probably should be walking the dog at that rate. You know what I mean? Like that's not just sitting there that is
Did we have and your fatigue has been this lifelong Battle of mine since I would say age 16 17, especially with Lyme disease on Long Island and all of these undiagnosed lime and then later diagnosed which is how now the people are familiar with serologic testing. You know, I I was tested with when I when I was suffering acute symptoms and they said well you're positive for the short-term antibodies, but you realize you've already had Lyme disease because you're testing
Positive for the long term as well. And so I've really tried in the last my dog's pacing all over the place you can it see where is she? Sorry Molly, but she is kind of see her but I think she has to pee. I might have to take a little break to let her out but long story short this this fatigue is like my battle right side without sufficient.
Gee, you really can't execute well on anything else and by xq? Well, I would include like relaxing and enjoying yourself right that if the tank is empty. The tank is empty. So the fundamentals the food the HRV / meditation all these things have been focused on identifying.
My cracks in the vessel where I'm leaking energy and so a lot of those.
I found to be really helpful right like the jumping rope. I'm not talking about like ten rounds of jumping rope. I'm not Mike Tyson getting back into shape to to try to Lop Roy Jones Juniors head off. I'm talking about like three to five minutes jumping rope first thing in the morning just to get outside to make sure I get outside into some sun ideally and move my body that's it and if people are interested in the the intersection and the interplay between exercise
and the brain and brain health and brainer traffic our brain derived neurotrophic factor in this race. Yeah bdnf. There's a book called spark that gets into this. But if you want to get out of your monkey mind least for me one of the fastest ways is through the body and it doesn't take a lot. It really doesn't take a lot get outside walk for a few minutes jump rope for three to five minutes and then go back inside. So those are a few things I've been doing. I don't know if you found any routines.
The practice is helpful. Yeah, you know, it's funny. I've just now recently started getting back into meditation but in a in a different way, you know before I had done Sam's course, you know, which I think that you've done as well Sarah's waking up app. So I'm star you still doing the tantric self-pleasuring meditation that you told me about the one that you zoom with me on.
Yeah. We're still doing Wednesday. That's what happened.
No. No, this is it's interesting. I was I was on Sam's app and this was a several weeks ago and I saw that there was a new course on there by Henry shook men who is a he practices a certain lineage of Zen and he's based out of whereas you guys have not Arizona but New Mexico and he just had these beautiful.
A
full ten minute meditations on the Zen koans. Do you know much about Zen koans? Yeah. Yeah paradoxical just statements or Parables that are intended to as I understand it intended to derail the rational mind to write sort of sideline the rational mind. So like what is the sound of one hand clapping type of stuff? Right? And they are these beautiful little unsolvable riddles, you know that that Pete that that are part of the practice and that they will
oh meditate with them and on them and then take back their kind of insights that are gathered from these overtime back to their teachers and it's kind of like a, you know, you talk them through with your teacher. There is no real answer to them, but they're used as the very difficult to describe but they're the used as a part of the the Zen training and so I had was very fortunate to reach out to salmon salmon reduce me to Henry and Henry.
Has since come on my podcast and he had a book that he recently published called one blade of grass by Henry shook man. I'm just pulling it up right now. It's on Amazon sent a stick book that talks about is basically a biography of his life and he talks about all the struggles that he faced. He had severe eczema all over his body where he was like,
Wised bleeding Knuckles, like really bad for decades. How do you spell his last name? It is. Last name is spelled Shu kma n got it. Thanks. And so yeah, he's a he's this fantastic semester and I read his book and he talks about his path to these stages of Enlightenment and how he was able to slowly over time. He was one of these people that had a very early
experience it didn't even know how to put into words what had happened to him because he wasn't training at the time and then later went into zen and had other experiences and then all the way through to today where he describes the falling away of basically of everything the the just everything falls away at some point during this training and it's a beautiful story on Zen and really just re-emphasize to me that that it mean he's
You know had a career as a writer and he was an award-winning poet and you know, Oxford trained very busy productive human wife two children and has still been able to go off in obtain these very deep life. Well it he's now kind of flipped onto the side of their lasting now, the changes are lasting versus going back to reality after a couple weeks fast.
In story, but also just one where II by the end of the book I was like I need to get back into zen-like because II don't I told you at some point you knew I used to come over my house when I live right next to the Zen Center, but my first training in San Francisco was at that Zen Center and then I fell away from it because I didn't really take it seriously. But yeah, so Henry is going to help me really get back into zen and he's I'm I'm excited to to go to his the mountain Cloud Zen Center that he runs.
And I'm going to be taking some courses there and I really want to take this seriously. I figure I'm in my 40s now it's time to devote a decent percentage of my life to this type of training. Like I feel like it's time.
I love to hear you elaborate on that because I know you've tried all sorts of different types of meditation still interested to know if you recommend the surrender course, bye-bye. Do Michael singer Michael Singer, but you have you've explored these various tools and modalities. What is it about Zen?
That differentiates it for you or that you find attractive right? Because you could you could reach out to or get a hold of your one of your magic powers is getting hold of getting ahold of anybody. Basically you want to get ahold of why is it? What is it? I would say that when I first took my that when I first took the introductory course to Zen I appreciated the
Mystery behind it in some sense. So I was attracted to how it could be a strict discipline in some ways like, you know, like kind of one of those things where you show up for zazen and if you're not there the second you're supposed to be there. They'll keep you up from coming in and you rejected or if you want to train and actually set up a residence there like you have to prove it by sleeping outside for like two months like all these stories you hear they Henry
actually talks about before I can be super hardcore or like he's let you go to the zazen room and you're you're separated by these like cubicle walls, right? And so you're sitting in zazen is like seated meditation with your face about a foot and a half away from a wooden wall. And then if you start to nod off, they might hit you with a little wooden switch right things like zactly. Yes. So, you know, I kind of I was initially attracted that now Henry's discipline that he's into the he's
thing is is a little bit more laid back which I which I can appreciate because this is like, you know, when you're going to you had to enter with your right foot when you're entering into to sit like you have to enter into the room the correct correct way, you can't cross over the mat and the wrong way like there's all these rules right too many roles, but it's also very Japanese but I it is very Japanese which I you know, we all both of us really love, but the one thing I will say about Zen in is that in a especially with the
Way that Henry has been teaching at least that I gather through his book and through our conversation. Is that there? They make Enlightenment less mysterious and a less about being a perfect person and making it actually seem like it's something that is attainable by everyone and it doesn't have to mean that you're this ultimate spiritual Guru the second you snap into these different states that states of Consciousness and that there are these really beautiful moments.
People have this flip like this flip in their brain the switch that goes and then they're jolted almost shocked into this this state of consciousness, like sometimes like the zoo stories of the Zen masters with the look at a student the right way and the the student grasp it in the student. Can they've been they've been teaching and sitting and they just can't and they'll just shake them in a certain way and it'll spontaneously jolt them in the right way into Enlightenment and then these funky little
things like that that are just
like beautiful.
Stories and like, you know, you always take a lot of stuff with a grain of salt but coupled with this Cohen training which I which I highly recommend listening to on the waking up app. They're fantastic by Henry. It's just it's it checks all the boxes that I'm curious about and I think for me the Curiosity at this point is the most important thing because it's encouraging me and it gives me the drive to go and sit for a half hour every morning consistently and you know, that's what it's going to take. It's going to take
Real dedication and I think that if I can get the proper training coupled with these coins and I don't know just I I've done the Transcendental Meditation. I've done it a few other disciplines and this one for some reason maybe it's because I'm a japanophile like I don't know all the reasons but I'm attracted to it cool. Do you know what the training is going to look like and what the meditation sessions are going to look like? Yeah. I mean, they're very simple you just sit so it's
seems
like what I'm more
interested in what happened what happens inside the head so you sit maybe you shave your head. I would love to see you the shaved head. That'd be hilarious so I can back it kind of thing. Yeah, we can we get the others can be cue balls together get you some black robes with some some white inner Linings the good good. Look for you you kind of already have that look you got to
fucking say you can't see me with robes on we've been in rubs together in
Japan. You already got that one a taste, but
Okay you sit and then what what happens on the inside? So I think there's there's a few things one. The question initially is there is there's kind of table Stakes to play in the arena and I would say like to even get to that point at least for me when I've what I've been told and what I can gather and I'm saying this as someone that is well pretty new novice to this new sect of Zen. It's
just sitting and trying to quiet the mind, you know, and that means counting meditations, you know counting to 10 and repeating yourself following the breath. It's that classic Xin posture of looking at the wall not closing your eyes kind of glancing somewhat downward towards the ground with a fuzzy awareness of everything going on in the room, but no strict focus on any one object. It's saying to yourself a thought a distraction. It's okay it is
The weights in a gym is what I need to get to the next level of this and so not getting upset and and getting the mind to where it's a little bit malleable and kind of getting to that place where the seats are becoming longer in duration. But also the mind is calming down a bit. I think Henry said it best in his book. Actually. This is a I'm going to butcher it but I'll tell you the gist of it. He said the Zen is like pulling
the plug being a boat in a bathtub and pulling the plug of the drain and initially you kind of just notice a little bit of swirling a little bit of like movement of the boat and then you look around and you see the walls of the bathtub or a little bit higher and you're like, oh that's odd and then you notice a little bit more movement and all of a sudden you start to twist and then all of a sudden you notice that there's a swirl going down the drain and then there is the total annihilation.
Of all things and that's where you're headed. But you don't but you have to sit at the surface for a while and just kind of like, you know, slowly realize that even though you're not feeling it the daily practice is unplugging the drain and you will eventually get there. So I'm never finding this is terrifying description. Oh dude, wait till you read his book his description of his last tranche of this.
Passing into this. I think you would actually really like it because it reminds me of a lot of our conversations that you have had around like Ayahuasca and some of the ego just disintegrating and controlled with troll deaths and he's getting that without any drugs me. I just like intense like multi-day meditation kind of things that that happened, you know for I guess a lot of reasons. I think that scares me more because with with the T, you're like, all right, I'm gonna go to Crazy Town.
For four to six hours Earth time and then I'll be back to some semblance of like normal computation and absorption of what we call reality. But with the Zen practice with that description, it's almost like a slow-motion psychotic break at you've engineered for yourself and that scares the living fuck out of me. So that is I don't know how to back out of that. I don't know how to yeah you
Ant that's the thing. That's crazy. Dude. I was when you read this book and you get to that point I'm freaked out by this because when you go there all of a sudden you're viewing the world as an illusion as a completely different thing than you ever have before and there's no going back. What does Daria think about? This is she's supportive. Yeah. She listen to my interview with him and I did the podcast and she was like, yeah, he sounds amazing. And this is this the path you want to go like I support it. I mean
I don't think she's not worried about you like
I don't know where in your shirt backwards and picking it navel lint like staring blankly at like the wall you have to you have to listen to his post analysis of what happened because he wrote the book after all this happened and I'm curious to know if you would enjoy this world. I think you would it sounds beautiful like every moment is a new and just glistening and there's so much it's fascinating. I'm going to butcher at all. I think much like
You with me and my various psychedelic experiments of which there are now many many many many thousands. Let me in for you. It's a lot and you've gotta let me be the guinea pig. I think I'll let you be the first monkey shot into space on this slow motion engineered psychotic break. Tell me how that goes. Yeah, I mean cats here to support I think well, it's not like you're gonna see me in six months and like weird. I'm just going to be levitated.
Thing like this is going to be like a if I do it correctly. This is going to be like a 30-year kind of Journey, you know to get to these places or you know, who knows there's no there's no pinning a date unless he's unless he like grabs you by your ears and shakes your head and gives you the Highlander quickening like you're just grabbing.
I love that actually
grab you by your eyebrows and bite your fucking upper lip and like it's right here. It's where you off your chair, so it's great.
That's exciting. Yeah, you should you should check out his book and one blade of grass. I highly recommend it to anyone listening. It's a fun audit. He has a fantastic, you know, British voice is from the UK. So his his audiobook is fun as a fun lesson.
You know, yeah, the British accent gives you an automatic plus 20 points of IQ a hundred percent it least for at least for any Yanks listening to it my God such a such an upgrade. You know, I wanted to thank you for something you introduced me to actually because I've been consuming a ton of it. You remember when you gave me some Peak T the yes the pi Q UE for
Wandering not inexpensive, but their powdered puer I've actually been having almost every morning for the last while and it's fantastic. I've been having that usually before I do. So the sequence for me would be wake up immediately do the breathwork HRV meditation for 20 minutes then heat the water.
To like 170 pretty low temperature just because I don't like continually burning the fuck out of my mouth. When I forget how hot something is in an insulated mug then putting in the peak who are with and if you've ever tried layered superfood creamer, the unsweetened stuff. It's basically powdered MCT oil is one way to think about it and I've been fasting well if people consider it fasting I've been said,
Fasting until late lunch a lot recently. And so I'll have that and then go into the say jump rope and so on but the peak is really good. It took me a while to get into but I appreciate you introducing me to that. It's funny because I never know like sometimes I'll reach out to you. But like every time you plug me as someone that can get you stuff on your podcast and stuff like that all of a
sudden way.
Do I plug you know something like well, everyone is why we'll do a podcast together and you'll be like, oh dude.
Thanks for that recommendation Bubba and then like
a week later a hundred random emails. Hey, I have this like ball massager. Can you get to ten like he would love my blah blah have to psych. Everybody comes out like give
it its so I'm like you're like basically I try all the shit then the good stuff I pass on to you. So well, I appreciate you trying to tear that the peak is a cool company I met with with
The founder and we were chatting about how he creates some of the stuff because they the thing that's unique about it is that you know, so many times like T is you know is like you steep it and you discard the leaves when you're done. They steep it crystallized it through this like crazy process and then they make a instant. So it's like you can just pour it in you don't have to think about you don't have to think I'm stealing it. It's like if you took every T and made it into matcha, right?
Right exactly. Yeah, and so it's it's really easy to consume and you can't screw it up, which is a lot of people received their tea and they're like a tea so bitter and so, you know, and it's like no it's not weird and strange it is just you've overstepped it. That's the main complaint. But anyway, that's awesome. Yeah, they do they do quality stuff. I'm glad you got glad you're enjoying it.
Yeah, what what else is what else is new in your world man?
Oh gosh, I would say.
New stuff that I'm into well, I've got boring stuff like I'm getting into salmon fishing that's going to be next. I've got one. I've got one Theory I don't you're the app guy. I'm the idiot who was like, you know in 2022. I'm like I found this app called what's up? It's really great. And you're like, oh boy, here we go. Yeah, so I am I'm pretty slow on the uptake when it comes to apps, but I did find one because I was
As I mentioned doing a lot of hiking have been doing a lot of hiking and I'm in a very rural area. I don't want to wander onto somebody's property and have somebody like come outside of the shot going to be like, hey, what the hell are you doing on my property? And I also just want to be respectful right? I don't have people showing up at my house, but I really wasn't sure how to identify property boundaries and I've I met someone
who hunts locally and introduced me to something called the on X hunting app and it's just onx and on X Hunt is the app and I'm not going to necessarily use this for hunting but what it allows you to do and they give you the premium features for free for seven days, which is super super smart if they're actually listening to this I would I think they would get such better conversion and
Probably increase their revenue forty fifty percent at least from this particular app if they had an onboarding process, which they don't write. There's no automatic tutorial that I saw which meant I had to kind of fumble and go find online fa q's and figure it out, but the on X hunt app allows you to see property boundaries. It allows you to hit track and track yourself as you hike so maybe similar to a Strava in that sense, but in this particular
Particular case it's for its for Wilderness. You can save maps offline. So you can use them when you don't have reception. You can look at topographical View satellite view or combinations. You can take photographs. So for instance if I find something of interest and I want to share that with someone I can take a photograph geotag it and then just share it with someone else who's on the app and cool. It's awesome now.
Actually,
it's a some covers fishing as well, which is great. Yeah, it's a it's a it's an extremely extremely cool app. So I've been using that on a pretty much daily basis and it and really really enjoying and who knows maybe I will use it for hunting. I don't hunt much. I did it pretty infrequently. But if I were to travel to say Hawaii to hunt axis deer which maybe at some point I will it's not not particularly easy to do. I don't even know if I could get permission to do it.
But I would use something like this so that I could see how much mileage I'm covering where I was where I went. Perhaps we go on a scouting trip during non hunt hours or on an on Hunt day and I can take photographs of particular locations that I think might be ideal in save those and then I can go back and review that so I've been I've been loving it. That's that's that's an app that might not otherwise come.
Across your radar that you might get a kick out of playing with it's cool. Yeah, it looks awesome. I'll definitely give that a shot given how many hiking trails are here. You don't Portland there's so many hundreds of miles of hiking trails just right in the city, which is crazy. So you ask me what I'm into lately. They actually I do have one thing I haven't told you about. You know, I've been I think that lately I have put on some weight and I have been able to shed it back off through intermittent fasting.
And then also, you know doing a lot of cardio and things like that, but how do you typically what's your intermittent fasting look like just real quick 18 hours a day if I'm in if I'm in lean mode, like if I want to get lean 18 hours a day, if not at a minimum 14. I think that's when a lot of the the data. I have a friend out of a UC San Diego. She works with long go out there and she said that the I was just talking to her like a week ago and she said 14 hours of what she does and that's where a lot of the data looks really promising in terms of
Some longevity benefits if you're going to do it everyday eating from what like between what our and what I thought why'd I just basically when I use zero, obviously the testing app and you know, when I when I'm done eating dinner, so it's are with the kids and putting them down and all that stuff. You never know when you're going to actually finish your last bite. So whenever I'm done, I just hit start and whenever you know, it tells me it again then I then I eat but it's 14 hours after I finished my last bite basically.
Oh, yeah, cool. And so what I'm doing 18 hours, you know, sometimes I'm eating a late dinner and like that and I eating till 1:30 2:00 o'clock the next day, you know, which is which is a little brutal but it's okay. I just have black coffee and I'm totally fine. But to actually the point I was going or what I was going to chat about is that in choosing my alcohol and alcohol consumption especially during covid there was like this period there were like March April I was like wrong and I'm just going to get drunk the entire time. You know, I'm sorry.
I remember that every time I talk to you.
Hey, not ours it is whatever. I'm five glasses in the fuck. Are you I'm like anyway, I see five glasses Buzz down
III. Yeah, that's like but he was you know, we were
you know, what was going to happen. It was kind of freaky and it's like might as well open the good stuff, you know. Yeah,
so in my cutting back and focusing more on health what I've decided to do and this is kind of a crazy thing is like okay wine can get nutso like you a really nice bottle of wine can be thousands of dollars.
Like crazy whines, right? Like nobody wants to do that. I mean some people I guess want to do that but not on a regular basis. So what I was thinking is why
not go
I went to be your Advocate and I went to their top 100 beers and I've been slowly finding and buying the top 10 rated beers in the world and then trying them like just to consume like if you have ever had the number one rated beer in the world. I hadn't what is it? It's right here. It's it's called.
Kentucky Breakfast Stout and it is from topping toppling Goliath here. Let me show you what it looks like when sex is we have video.
All right. So out of the the top beers of the world, I would say out of the top 10 probably seven or eight of them are Stouts. So it's like the thick dark Rich funky slow sip type stuff. So so look at the west wing and melt on the top of that school. Now who in their hand numbered 233. So you said Beer Advocate, I know nothing about beer. So Beer Advocate has like their top
Just like some guy in named Tony and Newark New Jersey. He was raised. I think it's community-based and and they have a lot of a lot of the pros and stuff go on there that are really into this. But but this Kentucky brunch Stout by toppling Goliath. It's so the Vintage is 2016. So they age these like wine because they are so dense, you can just basically put them in, you know, The Wine Cellar and let them sit for a decade or longer and then they really mellow out over time. So I
I just I picked this up. I found it. I found a great site actually, by the way, I'm giving away all my best links, but people need to know about this because it's a fantastic site my favorite place to buy aftermarket beer and I've done a lot of research on this is my beer Collectibles.com. So you say aftermarket makes it sound like you're buying a spoiler for your mama Miata or something. What does that mean? So what that means is, you know, this is bottle number 233. Maybe they made 500 bottles in this year.
So it's impossible to find that you can't buy it new. You just can't buy got it. So the second you mentioned is like the eBay exactly. It's ebf beer. And so you can get Pliny the Elder on there. This one I got on there to this is called the SR-71 by the same manufacturer with this one's ranked like the number 12 or something like that. It's got you can't see but there's like a little Blackbird stealth bomber on there or not itself, but it's a SR-71 actually and then all the ingredients and everything are written in binary on the side.
It's so good. These are
so cool. They're like cultivable
fun beers. So you you gave a price anchor on the wines right thousands of dollars. You can go I mean tens of thousands how probably hundreds of thousands right away and get wind gets super super crazy. So what what does one of these very well ranked beers go. Okay. So let me give you it's wide-ranging. So for example, I got some of them that can't be aged. You have to drink them fresh. So like there's a
The number one ranked IPA. I think it's number two ranked IPA in the world is called the Julius by a brand called Treehouse. Okay. So the Julia's King Julius by Treehouse right now a four pack on this site is going for $39.99. And that's the same as 1 or number 2 ranked IPA in the world. That's so cool. Have fun. What was the name of the site again that you mentioned? My beer Collectibles.com. It's such a great URL. Yeah.
It's like it's such a janky site, but like
They've got a lot
of great great beers on here son geocities. Yeah, that's cool. That's super cool. Yeah, the the affordable vices right? There are certain things where you can get the best in the country or the best in the world for less than 50 bucks. Right? I mean there are certain categories of thing where you can go very high end. I mean, I think really good.
Chocolate would be an example of that. Right if you really want to drop a treat. I mean, you don't necessarily have to break the bank to do that. But if you're like, oh, I want to get the fanciest car the fanciest boat the fanciest wine. I mean you better have inexhaustible funds or you're screwed and you know the end of the day if you think about it, too, it's like that's stuff.
Ages really poorly right? He put the those types of in a neither of us collect that kind of stuff. But if if you if you think of we know people who do and it's like four weeks after they've bought something it loses its luster foremost and instead if you have this in the cases were talking about right in the beer or the chocolate. There's a there's something really special about the perishable.
Nature of it and it's it's an experience. Right? Well, that's a key right the experience an experience. Like that's what's been linked to happiness is like actually having experiences with friends and like this is sharing something like that, right? Yeah, it's great. You'll love it. I love it. I don't have anything. I don't have any big ones on my on my list or anything that's coming to mind. One thing. I want to ask you before we wrap up. I don't know if you
Share this actually let me not my to cut it. But what are you so the stock market is so freaking crazy right now. Yeah. Well it is old is going up in individual stocks are going up and I'm like well, yeah, but that doesn't make sense. Like what do you doing? Like, what's the Tim Ferriss 4-Hour Finance
version of this? Oh boy. Yeah. Be careful everybody your muffs earmuffs cover your ears.
I'll tell you what. I've I can tell you what I've done. Yeah, what you doing? And it's not so much doing it's more what I've done and the I'm glad you asked this because I recently turned 43 and
A while back. I spoke my parents looked at the genealogy asked a lot of questions and determine that the average age of death of males on both sides of my family if you adjust for some outliers is 85. So 43 puts me past the half-mile mark, right? And hopefully I live until a hundred twenty, but I've also lived aggressively right? So my systems taken a beating and I don't assume.
I'm going to live that long. So I've been doing a lot of introspection and this birthday hit me kind of hard usually age. I'm just like yeah, whatever doesn't matter but a Crossing past that 50% Mark hit me unusually, and I've been doing a lot of journaling a lot of thinking and I realized that
number one and you've seen this over the years. I don't have a high burn lifestyle. Right? Like I don't I don't buy lots of stuff and like if I have a the ability to hike with my dog my dog my girlfriend are happy and healthy and you know occasional splurge on nice food or something, but I don't really in a flashy guy. Like I've never seen you with a sports car. I've never seen you with a fancy watch. I've seen you with fancy horse saddles.
That's the only thing I've seen is true. That's
true. The old that was like probably the first time I ever splurged people think that he's joking. He's not actually joking. So for the for the 4-Hour Body because I killed myself on that book in more ways than one and I was super proud of it and I made a promise to myself because I very rarely celebrated and that's but that's been a weakness of mine as I don't celebrate right? I'm very hard on myself and I feel like you become well the story I've told myself for a long time as
Become complacent if you over congratulate yourself, so I tend to really not pause and smell the roses. So to speak not you guys the other roses and smell you guys to though and and so celebrate has been this this kind of word of the year for many years for me. And when I finished writing the 4-Hour Body I promised myself if it hit number one New York Times that I would or saddles.
Well, I didn't think about the horse Alice specifically, but I said I'll get something special for myself that relates to Japan because I used to live in Japan. I have this deep love for for Japan and the Japanese people and I had around the same time maybe a little bit afterwards. You might remember this. I did a a TV show pilot where I went to Japan and attempted to learn horseback archery in one week, and I'm pretty sure you can find it.
Online if you go on YouTube and search trial by fire you might be able to find it. It's wild and it's fucking dangerous as hell. So I did that and I had I had been thinking maybe I'll get a sword. Maybe I'll get some type of armor and then I thought to myself actually because I had this experience. I'd really like to get either a saddle or stirrups of some type initially. I was just looking for stirrups because I thought they'd be cheaper and just easier to deal with and ended up finding a beautiful wooden carved.
Saddle, so I do have a Japanese saddle which at the end of the day wasn't that expensive but for me it was it was like the one of the first times I've ever treated myself to anything. So yes aside from all that and so to zoom out back to the the question about investing I realized when I was journaling.
Around my birthday is that thinking about money generally does not make me happy. It makes me more anxious and at the same time. I feel like I'm pretty good at because I'm hyper analytical and over-analytical you might say I'm pretty good at futzing around and optimizing but that the optimizing at this point in my life. I have figured out a lot of things that make me happy. I figured out a lot of things that don't make
Make me happy and most of the things that make me happy don't require a lot of capital. So this is just a long way of saying I decided that I wanted to make all of my investing decisions.
Or like money Decisions by my birthday didn't quite work out. So I gave myself a grace period to to the first of August and then to take a 6 to 12 month break on all of that stuff meaning like I'm not allowed to consider New Deals. I'm not allowed to look at stocks. I'm not allowed to do any of that stuff. And so now I'm glad I'm saying it publicly because I want to make myself accountable.
Edible, so I'll tell you what, I did. It's pretty simple. I've thought about and it's been made more complex as you said because it's Alice in Wonderland in the markets right now. My stuff is happening that just by any kind of rational prediction pre covid just should not be happening. There's all sorts of weird stuff and then I'm not sure what's happening right now, but certainly previously you had the
Buying high-yield bonds, like all this stuff that was off the Playbook and that there's such a dislocation between the market and the economic reality of millions of people in the United States. I mean tens of Millions for the entire the entire country for that matter that I I only wanted to put money in places.
Where I felt I had some informational advantage or not just in my head but like in my heart and gut just had some conviction that I couldn't quite explain. Does that make sense where I'm just like this feels like it makes all the sense in the world and I don't have that very much. So just to be clear to people. I'm not one of those people who uses the word intuition as justification for lots of haphazard shit. That's just not me.
But you know you and I I think is a way honestly to kind of distract us from the stress and uncertainty at least in my case like talked about quite a bit of investing stuff over the last few months, but we haven't talked in maybe the last I don't know two months about this stuff and you know, you had some predictions that I think turned out really well. I don't know if you're open to talking about them but like Peloton right where I thought maybe that was already baked in so I was like, you know
Like I'm not going to buy a bunch of different things from Peloton. I don't have enough room. I do have one bike and I love the bike, but I'm not going to buy a bunch. They've ended up doing really well these last I saw so the question I asked myself was.
Which company's if we're talking about the stock market right? Because I don't think it helps people if we talk about more esoteric stuff, like distressed debt or you know specs or like weird stuff that most people aren't going to have access to but when I looked at the stock market because my biggest I would say my most my highest conviction bets have been in the in the stock market which you know is crazy for me. I don't plan that sandbox you do that all the time.
The time but I just asked myself like this was around.
Mid-march, and I listened to an interview.
With chamath I can never say his last name but interview on investing and sort of his framework for looking at different Investments and it catalyzed a bunch of questions for me somewhere the same questions. He had listed out. I put I put this interview in five bullet Friday with the newsletter that I put out. So I think the interviewer was pomp. Is this nickname or Pompey on? Oh, no, I think we both talk.
About this podcast together. Maybe I'll send it to you. I don't know maybe you might have sent to me. There's a very good chance that you sent it to me. I mean, this is the kind of thing that you would send to me. So everybody listening send your interviews to Kevin and I began to wonder.
Which companies technology companies would do extremely well if covid were / tracted.
Or if covid-19 how magically resolved in three months like which companies would benefit from a short period of dramatic online acceleration.
even if it ended in 3 months and especially if it continued for a year year and a half and and the same time I was I was looking closely at other countries like China where I might be getting the numbers wrong, but there's something like 79 percent all e-commerce and we're 17 something like that and
This is a lot of my oh, yeah lot of room to grow and I wasn't trying to do any fancy spreadsheet analysis. And I know people are going to say well then you're speculating and there might be some truth to that. But I only really considered a handful of companies and I ended up deciding this is when not and I can tell you what the prices were to so Amazon at about 2000 and Shopify at about 380.
Share this would have been in very I thought I want to say early April but some point April and I decided to initially I was looking at a bunch of different companies. And what I decided for myself was that if I if I was dividing my bets because I had low conviction. I shouldn't put money into any of those bets and I'm not saying that's the right approach but that logic made sense to me and I said, alright I have high conviction.
And Amazon and Shopify and if one dominates the other then, you know, perhaps I still break even right but what I noticed was when I went I use Amazon all the time and certainly my spending has increased dramatically after covid and I remember when Amazon was limited to essential goods and I couldn't get anything else right? I would go to order like coffee filters and it's like four week delivery and I thought to myself
These companies are fucked right like if these people are.
Are largely dependent on Amazon or they don't have a an elegant or effective e-commerce Plan B. They're going to need to do that immediately. And who's that going to be and as somebody who isn't it, you know, one of the first advisors to Shopify and then one could argue stupidly but it made sense to me at the time. I ended up selling shortly after lockup period when they IPO so I became an advisor when they had eight to twelve employees now they have whatever.
Thousand I always kicked myself, right because I love those guys and they know what they're doing. They're good guys, the very strategically intelligent. They're graded executing. So I was always kind of kicking myself and I'm when they suspended their guidance for 2020 and they got pummeled. I just thought to myself. All right, you know, if you really believe that and you're seeing this kind of trend
Then this would be the time to like push some serious chips in and it's like either put in enough where if it grows like a and I kind of in my mind thought okay to to 3x in share price over the next three years did not expect it to happen in three months. I mean, that's just Bonkers, right? Yeah, but those are the only those are the only if I I don't think I'm omitting anything, but I think those are the two stocks that that I put a lot.
To but it was really thinking about what would do well no matter what and of course there are lots of unknowns. There's there's key person risk and both of these companies, but they both didn't really really smart and I don't know about you. I think you do this to I mean I base a lot of my investment decisions. This is true for early stage. It's also true for later stage just based on my personal day to day experiences. And yeah how I'm spending money and how my
Behaviors are changing and if I see the same behavior is changing in a dozen of my friends. I'm like, I think this is the thing. Well, I mean, that's the beauty of being an early adopter which you are and which I am like you're early right and if that's true and all of our friends are early adopters and we're all early on
something we should be buying that
stock, right? Yeah. Really? Yeah. So yeah, so I follow the same kind of strategy in that. I have two buckets. I have so one we should
Old said neither of us are registered investment advisors in this is not investment advice this just like we always do personally to things my sister. What will I tell her? I'll tell her don't buy any of individual Stocks by wealthfront going to welfare and get a bunch of index funds play it safe do your thing set yourself up for retirement you're done. So one bucket of my portfolio is like that it's just like Altra safe, like, yep slow growth. Nothing fancy. Lots of index.
Funds blah blah then there's the okay. Let's take this and this is different for everyone in terms of what their allocation would be what but some percentage of your overall net worth and say I'm going to take that and invest in something that I hope will have a blended 3x over the next five years right or 4X, whatever whatever your kind of aiming for and for me, it's the same bucket. So I was thinking okay heading into covid. What are the things that are going to do better?
Better which would be a pallet on because you know, Jim's are closed. It's a fantastic product. The churn is effectively zero because when someone else buys a bike that is being sold used a new subscriber is then activated which is crazy. It's one of the very few products that has like zero churn and you have to imagine they're working on and they've hinted at this publicly. They're working on other types of equipment, right? So it's not just a one-trick pony. They already had a treadmill
They pulled it back. They said they're revamping it like that's so it's you know, and it's a like right now even today. It's a 19 billion dollar company. Like if you think of this more as a technology subscription play and the future of Fitness. I think there's a much larger business to be built here. And you know, we were talking about this when it was under 10 billion in market cap. So that's interesting Amazon obviously to your point about e-commerce penetration being relatively low in the United States.
This is there is no bigger Goliath. There is no bigger giant than this, you know Beast of a company and it's like they're just going to continue to crush everything and so for me, that's not a 3X because it's already a 1.8 trillion dollar company or whatever it is now like but it's you know, there's some there's there's still some growth to be had there and and it's like I'm not betting against e-commerce ever and especially in a covid-19 to more shopping online. So I like to
that square. I love how they Diversified their product offering square cash is a fantastic app. So it's not about brick and mortar. It's now about you know, they're doing stock trading they're doing Bitcoin purchases, which they've made up a ton of money off this last quarter. It's about building out that Suite of personal finance tools for the unbanked directly in that cash app, which is I just think you know, and I'm so to my point earlier.
Out the 325 x you have to look at lower market cap companies. You can't be looking at an apple or an Amazon for those types of returns over time. So, you know squares is sixty seven billion dollar company. There's I believe there's more room to for them to grow their Like You on Shopify for everything. You've said Tesla same thing. I think it's expensive right now. But I mean they're they're continuing to build up these massive Giga factories. There's a reason why every other week, they're like announcing a new gigafactory.
I like the demand is there and they have a fantastic product? Yeah, I just love it's hard to bet against them. Here's one that's interesting that I haven't told you about. So, I don't know if you know this but Intel is kind of screwed right now. They've had a really hard time with their chip manufacturing and getting this this new process down. The smaller die chips AMD has been crushing them. But here's what's interesting. So Apple also moved away from Intel chips and is now doing their own chips, right? So Apple
AMD but apple is not using AMD apples using their own silicon and doing everything. So who makes all these chips. It's a company called TSM out of out of Taiwan that makes all these next Generation. They're like the better version of Intel. So TSM I think is going to be I mean, they're already at 375 billion dollar companies. So they're not Tiny But TSM is massive. And now also consider this we're going into the fall two things are happening PlayStation the new PlayStation the new Xbox that are
coming out both of them AMD architecture. Both of them being manufactured by TSM in terms of the chips themselves. So I'm excited about TSM and then you know, I buy some some gold to hedge all of that and then that's pretty much about it I owe, you know Spotify dude, I think Spotify is going to be seen as the Netflix of audio and eventually we'll get into video as well. And I think it's going to be there's a reason they haven't
Launch Joe Rogan on in the app yet and I think it's because they're revamping my gut tells me the revamping the player and they're going to announce video at the same time and it's going to be like Spotify is gonna be like the next Netflix. Well, I think that was so I agree with you and I one of the discussed publicly discussed but under discussed aspects of that deal was the inclusion of video that that his show would be coming off of YouTube and going into Spotify.
Right. This is the thing. That's the thing that people were like. Oh, yeah, and they're doing the video thing. But okay, but look at the audio and look at the price of the deal and I'm like no no right that video super fucking important, right? Exactly. That that's a big big big deal. It's huge. Yeah. Yeah. Those guys are smart. They're really smart. Do they have the Michelle Obama podcast now that's exclusive to Spotify. And like this is funny. I was talking to talk about like speaking of early adopters stuff. I was talking to my wife sorry, and she's like, you know, should we just had this conversation last night?
Like Google podcast is crashing for me. She goes, you know what? I'm just going to use Spotify because everything is there and they got some exclusive content now and I was like ding ding ding ding like that's just you know, it's going to be the default. Yeah, they're smart and they're being very very aggressive in ways that some of their competition really can't I mean, they technically could but they're just not designed to be aggressive in the way that that spotify's being aggressive and
I'll be super curious to watch the space obviously because I play so much of the podcast world. But you think you'll ever join them. I don't know. I don't know. I mean that you would have to be an incredibly good offer. I do I've thought about this quite a bit. I mean as it relates to different options, right because there have to be some responses or reactions from the big players, right? Like apple Amazon. Google are all going to
Put a lot of capital and energy into this space because there's money to be had and if anyone's playing with music, they recognize that the margins and advertising dollars are much more interesting economic so much more attractive for podcasts and spoken word. I mean look at look at audible, right? What a monster. So dominant another reason that I'm bullish actually one of the one of the reasons I was really bullish on Amazon is I said and this actually came from a
Of mine Mike who pointed out and he said what is going to happen with live sports? How are they going to broadcast?
Sports to millions of people who is equipped to handle this right now and he's like Amazon with twitch is equipped to handle this in some fashion. Right? Like there are there's infrastructure within Amazon that can be adapted for all sorts of gaps in the market. So well the thing is they Amazon gets paid no matter what because like who guess what happens when Google Taps out their data centers what they light up next. They're lighting up Amazon. Yeah.
Exactly. Everybody's letting update ABS to from the stuff goes as big exactly. So let me ask you a question about you meant so a couple things real quick. So yes confirmed that we are not registered investment advisors, and I think it's really important for me, too.
Provide a little more context around my comments were I said I put in enough chips for a good would be meaningful with say Amazon and Shopify man. You said Spotify always confuse the shit out of those two. I put when I put money into both of those companies. I had roughly 14 times more in cash reserves. So this is really important to keep
In mind in other words at the time, right if I put 2% of my liquid net worth into those stocks. I had something like 30 percent in cash or cash like reserves, right? So I'm playing it from my perspective kind of safe in that respect and I do not recommend people stock pick in general. I just think it's terrible idea and
I think Suze if you're going to if you're going to play in this world, like there's no such thing as timing the market and you just never know what's going to happen like always dollar cost average your way into any position. So that means like if you have 500 dollars to invest rather than say tomorrow. I'm going to go buy some Spotify for 500 bucks and just call it a day, like maybe divide that into five one hundred dollar Investments over the course of five months or three months, you know, you're not buying at the bottom. You're not buying at the high, but you're getting that Blended dollar.
Just average in a lot of people do that as a little mini way to hedge and and you know, because who knows what's going to happen given how insane this Market is the second piece that I think is important to mention is and I think Tim you're in this boat too, but I wouldn't be buying anything that I wouldn't want to hold for the next five plus years. So it doesn't lie. Mr. Important. I should have said that I was planning on not touching these for three to five years. Yeah. So I mean if something drops by 40 percent will I be
Crushed by looking at the price of course, but is I think long term I'm going to be in a just a, you know, fine position. And that's the way you kind of you you little this to it has to be something that you're comfortable losing at the same time, right? So it should be the life savings, right? Yeah, and we should also say it's like we're talking about companies that we actually really fucking know right some level where I mean not this doesn't mean that it's a different type of knowing than
an reading every analyst report and it's just like a deep product knowledge and the fact that like we both like II know dozens and hundreds of companies that use Shopify right as their e-commerce solution. I use Amazon every day for one thing or another and I think that's important to keep in mind and question about
I think my dog really has to pay so I'm gonna take her out and I she's being very good we can we can we can wrap things up. We going to wrap things up. I'll this is this would be a good way to expedite the the answer to my question, which is you said you're buying gold. How do you think about gold versus crypto? Because you've been very involved or knowledgeable of and tracking crypto for for quite a long time. And are you buying ETF for you buying, you know bars?
As in some vault in a foreign country. What are you doing? Yes, my gold versus crypto. How do you think of them about them differently? Well on the gold side, I like to look at the ETFs that that do Warehouse their own gold and actually have you know, full transparency reports about actually owning the bars and you know, so I actually buy the ishares gold trust which is IA you and I like that a couple that one there the biggest one out there is GLD, but their expense ratios are
Are I you I believe there's a couple things I looked into and it's also like like like Providence like, where are they keeping their gold as well? And I you had was keeping in Switzerland and I think one I think the UK as well and it just I want to make sure where they're storing. It is also safe and secure not have consented crazy war zone or something else. I could you know potentially go really bad on that front Bank of Sierra Leone. Yeah. It's like, you know
So, you know, I just I went with that one. There's a I'm sure they're all the big ones are all probably pretty decent but in terms of crypto, you know, I have a bunch of cryptocurrency that has not yet tradeable that I've invested in an over the last few years. And so that hasn't hit the market yet. So I already see my crypto bucket is being pretty full. I don't think holding Bitcoin or aetherium is a bad idea. I just would make
Any substantial portion of my overall portfolio? Like I wouldn't it wouldn't be 10% or something crazy. You know, why do you have less confidence in crypto than gold if I'm that's a leading question, but I'm just making an assumption here and that does not to imply that I am a Super Bowl with crypto, but it seems like in some respects you are more confident in gold as a disaster hedge versus crypto. Why would that be the case if it's true?
Oh, well, I just it is true. And I believe that you have to look at what are the safe asset choices that institutional investors have direct access to and there is no easy way, you know ETF to buy cryptocurrency. It's just not there yet. And and I just it's not to say that people won't turn to Krypton the prices won't you know 5x by the time this video was released.
Like who knows? But I just I know that the gold is so time-tested that I just I feel it's it's a proper. It's a proper hedge and I'm okay with with with having some portion of my portfolio being gold and I do you view that as a hedge against hyperinflation the Hedge against General Equity collapse. What do you hedging with gold? I would say a little bit of both, but mostly General General Equity claps, like just something I'm hedging in that.
That I believe if all like let's just say we have a vaccine that doesn't work and this turns into a three or four-year process instead of a one year and change process jobs. Don't come back that's going to be a pretty brutal place to play right like the markets. I think at that point might start to sour it's very confusing but they haven't today but like, you know in that case I would like a little more something a little more something that's a little bit more.
Like having gold as part of a portfolio, but that's just me everybody's different. I have some friends that won't touch this the stuff. So and then I have some friends actually have bars in there like actual physical gold bars gem show, you know some of those people as well and do yeah, you probably have some no, I don't I don't actually but I'm just like I'm like if he gets that bad right where it's like Mad Max and Marauders. Are you going to drive your fucking dune buggy with machine guns down to the 7-Eleven and like take a razor blade and shave off a sliver of gold to get your
He's like no, you're not
right like Tim's on the corner like a
little little Hatchet legs, like etching off some gold and like trading it for some lentils. If it gets that bad like you're going to have to use your gold as a weapon because any functional value, but I mean, who knows? I mean, it's God it just feeds every like how paranoid but sort of apocalyptic scenario planning compulsion that I have which I try to I try to not get wrapped up in it because hard
It's so seductive. It's so seductive. Yeah, cool. Thanks for thanks for thanks for answering that yeah, I think people should be prepared for a long haul right? Like it's I think it's very dangerous to try to do any short-term trading and I actually heard an anecdote. I'm not going to mention any names but one of the one of the best-known hedge fund investors in the world who has an incredible incredible track record. I mean the
Guys is compounded annual returns, which over decades is are just ludicrous and he came in. This is a couple weeks ago and basically like said to his team, he's like guys it's too fucking hard just like take a vacation. We're not going to do it. We're not going to try to deal with this right now. So if that is happening and like one of the top shops in the world, I don't think it's a good idea for 99.999% of people to do any short-term Trading.
You're going to get eaten alive either by other traders who do this 24/7 or high frequency folks or you just going to get murdered by the market right big day as the saying goes the market can remain irrational longer than you can remain solvent. Yeah, it's crazy when you read these reddits subreddits about you know, these Robin Hood traders that are using that app to leverage their positions and like these kids are going in there and just getting these crazy.
Virge positions on certain things and they're driving up bankrupt companies like hurts and all these two like new record highs and you're just like this is not we shouldn't be playing don't don't play with this stuff. Will that one kid that poor kid? I don't know. Did you hear about what happened? But I don't know there a lot of kids. Okay, which one you talking about? This one got so, you know Robin Hood the app. It's a fantastic trading app. It's a great piece of software, but it allows people to opt into options trading and leverage Trading.
Like with like three clicks, it's like super terrifying to oh, I know I'm so so this kids go in and this one kid put in. I don't know what the dollar amount was, but he he got on the wrong side of being leveraged and it saw he saw I mean, he didn't know these things were going to expire and he saw like a negative like I don't make him number but it's something like $100,000 negative account and he killed himself. Oh my God all over Robin Hood and this and just a misunderstanding of what was going to happen in the end and
Just got so wrapped up doing it and it's fire. Yeah, it is. I honestly for me, you know another reason why I'm just hitting pause on all this stuff is that you know for me.
These days at the function of investing in that can be applied to time and energy but certainly capital is to increase your quality of life. Right? So if if one agrees that that is let's just take that as the primary objective. If you're making Investments that cause you to lose sleep and chew your fingernails and to have cortisol pour out your eyeballs. It's a bad investment doesn't matter if it's 2x is 10x has a hundred exes.
If for a protracted period of time it's going to have that psychological psycho-emotional effect on it's not a good investment. And you know, I've learned that the hard way to write I've chased returns certainly in the startup world all this stuff and I was like this fucking sucks. Like this is not fun. And even if you're good at it doesn't mean you should do it like watch out to this podcast comes out like venison Futures are going to like shoot up and
like Dimensions venison is the future
venison is the future Maui Nuit. Good afternoon.
Cool, man. Well, it's awesome to see you brother and I'm gonna see to miss hanging out and it's a bummer to not be able to spend time in person. So hopefully we'll be able to do that before too long. Yeah agreed dude. It's been been too long. It was I'm actually really glad that you got to visit us just before this whole covid thing happened, you know, wasn't that many months before so it was good to see you then but it's it's been it's tough stuff stuck in the house all the it's a hard with significant others to you know, it's like you really realize what your relationships made of
Of but you get you get to see all the stuff. Okay, I know exactly and all your stuff. I've got no shortage of my stuff, you know to daily project and anything else want to say before we wrap up. No people can find you anything like that. Yeah. I mean, I'm not on social really these days. I do tweet every once in awhile at Kevin Rose. But yeah, I would say one thing I would like to mention is 50 people want to check out that Zen interview. I did on my podcast with
Henry I thought it was quite good it was like, you know, and I'm sure you Tim you get like this to you probably obviously don't say publicly but you record episodes now, I'm absolutely okay, you know, it's like yeah, you know, sometimes you like every once in a while you got one of those yeah. Yeah. So this one I was like, wow, I actually I think I did a pretty decent job with this one. So I was pretty proud of it. So I think people will enjoy this one with with Henry Stickmin and you could learn that at podcast Kevin rose.com sweet and for me.
Really love doing the Hugh Jackman interview must have been huge for you. It was amazing. Yeah, it was just a dream come true. I mean he's been on the wish list forever and he just was so game. So this if you want to check that out, I think it's just him. I have to listen to thank you. I got to listen to Because Daria was like,
did you hear the Tim interviewed Hugh Jackman? I'm like you lost it got in my mouth is
like he must have been shitting himself. Like that's like yours. I was in Uganda sewed. Yeah. I was super nervous.
It was great. It was great. So hopefully ask him about his training and stuff. I did. I mean you would have yeah, it didn't work for saucer things. Like if you could only choose one exercise, what would it be and why and what would the protocol being he gave? He really gave the details and God that's exciting. That's awesome. So that one I'd recommend people check out if you just search my name and Hugh Jackman or go to the your podcast app of choice. And then also I'd say one thing that I am still doing that I'm still really enjoying is five bullet.
I know
which is the newsletter that goes out to between one and two million people every Friday it's free. It's just five bullets of the five coolest things that I've come across that week or that I'm thinking about using experimenting with pondering and you can find that at Tim dot blog forward slash Friday and we go that's it for me man. But give a give a hug to the fan for me. Miss you guys. Yeah, miss you guys too. And yeah, let your dog go pee. Yeah. All right, Molly Molly. Thanks us for getting off. All right.
Our brother. All right. Yeah.
Hey guys, this is Tim again. Just a few more things before you take off. Number one. This is five. Bullet Friday. Do you want to get a short email for me? And would you enjoy getting a short email for me? Every Friday? Is that provides a little morsel of fun for the weekend and five? Bullet? Friday's a very short email where I share the coolest things I've found or that I've been pondering over the week that could include favorite new.
Albums that have discovered it could include gizmos and gadgets and all sorts of weird shit that I've somehow dug up in the the world of the esoteric as I do. It could include favorite articles that I have read and that I've shared with my close friends for instance and it's very short. It's just a little tiny bite of goodness before you head off for the weekend. So if you want to receive that check it out. Just go to four hour workweek.com. That's four hour workweek.com all spelled out.
Just drop in your email and you will get the very next one. And if you sign up I hope you enjoy it. This episode is brought to you by LegalZoom. It's a whole new world out there and we're all facing new challenges. You may need legal help to overcome some of yours. And that's where LegalZoom fits in maybe you've been wondering what the best way to protect your family or maybe you're thinking about starting a business, but you don't know the best way to do it. Don't let legal questions hold you back. LegalZoom has been dedicated to helping you find the right solutions for nearly 20 years. If you're looking to protect your family with a way.
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Warm if you've been listening to this podcast for a while, you've probably heard me talk about Helix sleep and their mattresses, which I've been using since 2017. I have two of them upstairs from where I'm sitting at this moment, and now he looks is gone beyond the bedroom and started making sofas. They just launched a new company called all form, allf orm and they're making premium customizable sofas and chairs shipped right to your door at a fraction of the cost of traditional stores. So I'm sitting in my living room right now, and it's entirely all form for an attractive guy.
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Everyone you can also start small and kind of build on top of it. If you want to get a smaller couch and then build out on it, which is actually in a way what I did because I can turn my L sectional couch into a normal straight couch and them of the separate ottoman in a matter of about 60 seconds. It's pretty rad. So I mentioned I have all these different things in this room. I used the natural leg finish which is their lightest color and I dig it and I've been using these things hours and hours and hours every single day. So I am
Oozing what I am sharing with you guys and if getting a sofa without trying it in store sounds risky. You don't need to worry all forms sofas are delivered directly to your home with fast free shipping and you get 100 days to decide if you want to keep it that's more than three months. And if you don't love it, they'll pick it up for free and give you a full refund. Your sofa frame also has a forever warranty that's literally forever. So check it out take a look. They've got all sorts of cool stuff to choose from I was skeptical and actually worked it worked much better than I could have imagined and I'm very very happy.
So to find your perfect sofa check out all form.com Tim. That's a LFO our m.com. / Tim. All form is offering 20% off all orders to you. My dear listeners at all form.com Tim. Make sure you to use the code Tim at checkout. That's all form.com Tim and use code Tim at checkout.
