Benjamin Felix
speaker
5,943 appearances
22 recordings
1 series
first heard Apr 2026
last heard 5d ago
Benjamin Felix’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 22 in all, peaking in Aug 2026 with 5.
Appearances
Another way to think about this, I wrote this one.
I think it's pretty good.
Is that money is not the only thing that compounds over time.
People worry about if you invest now, think about the compounding, think about the exponential growth and how much more you're gonna have later.
Which is true.
However, skills, experiences, and health as some examples also compound over time.
And so I think focusing on only wealth accumulation misses the bigger picture of living a good life.
Everyone's health does deteriorate over time, but poor lifestyle decisions when you're young can lead to deteriorating health at a much quicker pace over time.
If you eat poorly through your 20s because you want to save money, so you're living on ramen noodles and that gives you cardiac problems or vascular problems or whatever when you're in your 40s or 50s.
that's a problem that compounds and and there's not a whole lot you can do about it twenty years down the road.
But if you'd been eating kale instead of ramen, you might not have had the same health
I did get lots of criticism for this point because people say, Well, you should save as much as you can, even if it means making sacrifices.
To me, that seems pathological.
And the other really interesting thing about this that has come up in some discussions that I've had since making this video is that people who have this mentality and don't want to spend money because they want to accumulate wealth, they can end up with a lot of wealth and an inability to spend it.
Because they're so anxious about wanting to live frugally and wanting to save, even when they've surpassed any amount of wealth they could ever need, they still can't spend it because they've had this mentality.
Yes.
I've been thinking a lot about this.
I started writing, I haven't had time to put a ton of time into it yet, but I started writing a video that follows from this about why spending decisions are controversial.
Because people have polarizing views on, or the the views on this are polarized about whether you should spend or save.
We actually talked to William Bernstein about this in last week's episode, I think.
Showing 1301–1320 of 5,943 · page 66 of 298
← Previous
Next →