Ric Elias

speaker

2,507 appearances 2 recordings 1 series first heard Sep 2024 last heard 23 Dec

Ric Elias’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 1 in all, peaking in Dec 2025 with 1.

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Invest Like the Best with Patrick O'Shaughnessy · Ric Elias - The Art of Living Well - [Invest Like The Best, CLASSICS] · 23 Dec 2025 podcast

And most people basically have set up that more is better, more is better.

And we measure things in money and value and the value of your company and the value of your business.

And in reality, if you focus exclusively on money, you miss the journey.

You miss what this is all about.

After a certain amount of money, and everybody's a little different, but it's a lot less than people think, it doesn't really affect your lifestyle.

And at some point, it affects how people treat you and it affects your kids.

It affects what you're going to do with it, your responsibility with it.

It affects all of it.

I think money is one of those things that is a privilege to have.

But if you're not careful, it can change you.

Or more importantly, it can make you so addicted that you spend the rest of your life accumulating something that is worthless beyond a point.

We trade all our time for money.

That's what we're doing.

We work our butts off for money.

And at some point, if you keep doing that, you'll end up realizing that you completely missed the point and that when you make enough money, you use that money to give you back your time.

One of the things back to this point of 39 and 57, I was big into time and I have all these principles around time and how do I think about compounding time and all these things that are kind of weird.

But in the last couple of years, I realized that time is actually a subcomponent of something more interesting or more important, which is our energy.

I only want to invest my energy in things that give me multiple currencies back.

And I'm very aware of my energy.

If I'm with somebody and I feel like I drains my energy, it's like, you know what?

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