About the Episode
Enjoy this re-release of one my top listened to episodes with my guest, Bill Perkins.
Bill is an author and entrepreneur. He is one of the world’s most successful hedge fund managers and entrepreneurs. He joined us today to talk about his book, ‘Die with Zero: Getting All You Can from Your Money and Your Life.’
From the dangers of being too dependent on work for social interactions to maximizing net fulfillment, Bill shares his thoughts on how to live life fully and free of fear. He gives practical advice on leveraging experience, making deliberate financial decisions, and prioritizing fulfilling experiences over mere material wealth.
He also shares his personal experiences on discovering new passions later in life and learning from other people’s mistakes to achieve one’s goals.
Topics Discussed
Valuing your time [5.38] Bill discusses how to calculate your true hourly wage by factoring in all the costs associated with work.
Leverage [12.30] Find leverage in your industry to become wealthy, such as real estate or commodities trading.
Regret minimization [22.02] We talk about minimizing future regrets in our lives.
Time buckets [27.13] Rearranging what you want to do with your life according to the correct timeline.
Finding fulfillment [35.01] We have to think about whether the work we do or the things we want give us the fulfillment we need in life.
Investing in experiences [45.05] Invest in experiences early for maximum fulfillment and memory dividends.
Optimizing [1.06.48] We talk about how to live your life to the fullest with the time you have left.
Priorities [1.14.03] Sorting out priorities in your life is essential.