Pete Wright

I didn't say anything, of course, because I was – Only on Halloween does your social justice warrior persona come out.

What do you know about marshmallows? Tell us. Well, the marshmallow test is the, I don't remember who pioneered the marshmallow test.

What do you know about marshmallows? Tell us. Well, the marshmallow test is the, I don't remember who pioneered the marshmallow test.

I wasn't there. Yep. That's what I'm saying. You couldn't make it. Everything I know is hearsay. Yeah. that they would put people in front of the table, and there are all kinds of different ways to execute the marshmallow test. You can say, hey, I'll give you a marshmallow right now, and you can have it, or you can sit here for some...

I wasn't there. Yep. That's what I'm saying. You couldn't make it. Everything I know is hearsay. Yeah. that they would put people in front of the table, and there are all kinds of different ways to execute the marshmallow test. You can say, hey, I'll give you a marshmallow right now, and you can have it, or you can sit here for some...

an amount of time and not eat the marshmallow, but look at it. And at the end, I'll give you a whole bag of marshmallows or $1,000 or whatever, right? And so do you take the immediate gratification and go steal more candy? Or do you sit there and get gift candy after you are forced to wait while looking at the marshmallow? Is that close?

an amount of time and not eat the marshmallow, but look at it. And at the end, I'll give you a whole bag of marshmallows or $1,000 or whatever, right? And so do you take the immediate gratification and go steal more candy? Or do you sit there and get gift candy after you are forced to wait while looking at the marshmallow? Is that close?

It's one of those things, not specifically, but I feel like I kind of knew there was a craze about it as a parent of kids, right? Like you hear about it.

It's one of those things, not specifically, but I feel like I kind of knew there was a craze about it as a parent of kids, right? Like you hear about it.

Yeah.

Yeah.

Talk more about that. What is that? Untrustworthy where?

Talk more about that. What is that? Untrustworthy where?

You're setting a standard.

You're setting a standard.

Yeah, that's really interesting.

Yeah, that's really interesting.

So what's so fascinating about that, it connects to what we were talking about before Ponzi Alley, which was what do you need to do to cultivate anti-greed behavior? What are the things that you do if you really are struggling with greed and these feelings and the behaviors that lead you to do things like fight scarcity with greed? What do you do?

So what's so fascinating about that, it connects to what we were talking about before Ponzi Alley, which was what do you need to do to cultivate anti-greed behavior? What are the things that you do if you really are struggling with greed and these feelings and the behaviors that lead you to do things like fight scarcity with greed? What do you do?

There's a cognitive behavioral therapy, a therapeutic intervention. You can address feelings about money and self-worth and healthier attitudes toward possessions and all those things. But at its root is let's reframe your feelings about or your understanding of empathy. Right? Right? Because that would have addressed all of these things. It would have shifted from a me, me, me to a we, we, we.