Garrett Neiman
👤 PersonAppearances Over Time
Podcast Appearances
And I've encouraged her to think about, well, what would it look like to distribute your investment returns beyond your living expenses next year, to not get richer next year and make a much more substantial investment in communities? So they hold about $10 million. I think their living expenses are a couple hundred thousand a year. And they give a little bit philanthropically, but
And I've encouraged her to think about, well, what would it look like to distribute your investment returns beyond your living expenses next year, to not get richer next year and make a much more substantial investment in communities? So they hold about $10 million. I think their living expenses are a couple hundred thousand a year. And they give a little bit philanthropically, but
Why not try giving $300,000 this year? You're not going to have less than you have before. You're just not going to have more. And what does it look like to play around with that as an experiment? And I'm not saying that everybody has to do that or they have to do that forever.
Why not try giving $300,000 this year? You're not going to have less than you have before. You're just not going to have more. And what does it look like to play around with that as an experiment? And I'm not saying that everybody has to do that or they have to do that forever.
But what does it look like to take a pause on accumulating, live life differently for a little while and see how it goes and how it feels?
But what does it look like to take a pause on accumulating, live life differently for a little while and see how it goes and how it feels?
Yeah, I think for me, you know, I think of there's an indigenous principle called the seven generations principle, where the way some of these tribes who have this belief operate is, what does it look like to make decisions with an eye toward how they'll impact people seven generations out? You know, so looking out 150 years, 200 years later.
Yeah, I think for me, you know, I think of there's an indigenous principle called the seven generations principle, where the way some of these tribes who have this belief operate is, what does it look like to make decisions with an eye toward how they'll impact people seven generations out? You know, so looking out 150 years, 200 years later.
You know, what does it look like to make decisions at an individual, institutional and societal level with that viewpoint in mind? And, you know, maybe that's a little abstract, but I think aspirationally, that's something that I take really seriously. And, you know, particularly now that I'm a dad, you know, I wrestle with these questions of.
You know, what does it look like to make decisions at an individual, institutional and societal level with that viewpoint in mind? And, you know, maybe that's a little abstract, but I think aspirationally, that's something that I take really seriously. And, you know, particularly now that I'm a dad, you know, I wrestle with these questions of.
You know, do I you know, do I invest in maximizing the unearned advantages of my son, you know, or do I invest in building a society where, you know, everybody can thrive regardless of what their unearned advantages are? And I think that. The reality is I do some of both, that there's ways that I invest in my kid in ways that I know that not everyone has the opportunity to.
You know, do I you know, do I invest in maximizing the unearned advantages of my son, you know, or do I invest in building a society where, you know, everybody can thrive regardless of what their unearned advantages are? And I think that. The reality is I do some of both, that there's ways that I invest in my kid in ways that I know that not everyone has the opportunity to.
But I'm also trying to take a less myopic view than I think some folks take and really try to put significant... time and attention and resources into how we build a just and equitable society for everybody and a society that is sustainable for people and planet for the long haul. And the other thing I'll say about legacy is that I think one of the things that I've looked a lot at is
But I'm also trying to take a less myopic view than I think some folks take and really try to put significant... time and attention and resources into how we build a just and equitable society for everybody and a society that is sustainable for people and planet for the long haul. And the other thing I'll say about legacy is that I think one of the things that I've looked a lot at is
what do people regret on their deathbeds? People regret things like, I wish I didn't work so hard. I wish I was there more for my family and friends. I wish I had the courage to do what I wanted instead of getting caught up in those fears. There's lots of ways where societal pressure actually leads many of us, maybe most of us, toward regret.
what do people regret on their deathbeds? People regret things like, I wish I didn't work so hard. I wish I was there more for my family and friends. I wish I had the courage to do what I wanted instead of getting caught up in those fears. There's lots of ways where societal pressure actually leads many of us, maybe most of us, toward regret.
And so what does it look like to take a step back and really be intentional about you know, what are the lives that we want to have? And in particular, knowing that you know, the day-to-day rewards of doing something like, you know, having brunch with your kid, you know, that that might not generate the same, you know, hit or high as, you know, knocking out a work deliverable.
And so what does it look like to take a step back and really be intentional about you know, what are the lives that we want to have? And in particular, knowing that you know, the day-to-day rewards of doing something like, you know, having brunch with your kid, you know, that that might not generate the same, you know, hit or high as, you know, knocking out a work deliverable.
But in the long run, you know, those relationships, you know, are really all that matters, you know, that the material success fades. And I've never heard of anybody late in life who said, gosh, I just, I wish I worked more hours, spent more hours at the office. And so it makes me wonder if, uh, our allocations a little off in our day to day.
But in the long run, you know, those relationships, you know, are really all that matters, you know, that the material success fades. And I've never heard of anybody late in life who said, gosh, I just, I wish I worked more hours, spent more hours at the office. And so it makes me wonder if, uh, our allocations a little off in our day to day.