Steven

But the opposite, if you're on your deathbed and you're like, my children, my spouse is going to have a real hard time without me. That's the most painful thing you can imagine.

Between the two. Between my friend who buried himself in credit card debt, even though I'm glad he did it given his short life, versus the people who save everything for the end. David Cassidy, who's a very famous childhood actor and had an incredible acting career. I don't know when he died, 10 years ago, 15 years ago, whatever it was. His last words were, so much wasted time.

Between the two. Between my friend who buried himself in credit card debt, even though I'm glad he did it given his short life, versus the people who save everything for the end. David Cassidy, who's a very famous childhood actor and had an incredible acting career. I don't know when he died, 10 years ago, 15 years ago, whatever it was. His last words were, so much wasted time.

Those were his last words. And like you think about – and this is someone who is like very rich and famous, had like a very enviable life. And you can't think of sadder last words than so much wasted time.

Those were his last words. And like you think about – and this is someone who is like very rich and famous, had like a very enviable life. And you can't think of sadder last words than so much wasted time.

And I think like no matter – this is like the Jeff Bezos philosophy on business was he started Amazon because he was trying to imagine himself at age 90 looking back and having the fewest regrets. He was like, that should be your framework for life is that when you're on your deathbed, you have the fewest regrets possible.

And I think like no matter – this is like the Jeff Bezos philosophy on business was he started Amazon because he was trying to imagine himself at age 90 looking back and having the fewest regrets. He was like, that should be your framework for life is that when you're on your deathbed, you have the fewest regrets possible.

And he did it because he was like, if I don't start Amazon, I'm going to regret it. But if I do start Amazon and it fails, I won't regret that. So just understanding like I think that's a good philosophy. That's probably the broadest definition of risk. is understanding what you're likely to regret in the future. And I don't think anyone has a perfect calibration on that.

And he did it because he was like, if I don't start Amazon, I'm going to regret it. But if I do start Amazon and it fails, I won't regret that. So just understanding like I think that's a good philosophy. That's probably the broadest definition of risk. is understanding what you're likely to regret in the future. And I don't think anyone has a perfect calibration on that.

Like there's a good chance that, heaven forbid, if you did get a diagnosis tomorrow, as you just said, that yes, you would look back and say, man, I really went for it. But you also might look back and be like, man, not you individually, but any of us would look back and say like, man, I wish I had done this differently. I wish I was nicer to that person.

Like there's a good chance that, heaven forbid, if you did get a diagnosis tomorrow, as you just said, that yes, you would look back and say, man, I really went for it. But you also might look back and be like, man, not you individually, but any of us would look back and say like, man, I wish I had done this differently. I wish I was nicer to that person.

I wish I'd called this person more, you know?

I wish I'd called this person more, you know?

And not a single of those people looking back in those situations on their deathbed when they're 90 years old will look back and say, I wish I worked harder. But virtually every one of them will say, I wish I spent more time with my kids. I wish I spent more time with my family. I wish I was nicer to myself. I wish I'd let myself be who I actually was.

And not a single of those people looking back in those situations on their deathbed when they're 90 years old will look back and say, I wish I worked harder. But virtually every one of them will say, I wish I spent more time with my kids. I wish I spent more time with my family. I wish I was nicer to myself. I wish I'd let myself be who I actually was.

And this gets back to the Chuck Feeney idea of the billionaire who said, I want to live my way. Like being independent is so core to people's happiness. And as I said earlier, like we come from different backgrounds, we have different aspirations, but independence is a very human, natural, universal aspiration to be able to live life in your own way.

And this gets back to the Chuck Feeney idea of the billionaire who said, I want to live my way. Like being independent is so core to people's happiness. And as I said earlier, like we come from different backgrounds, we have different aspirations, but independence is a very human, natural, universal aspiration to be able to live life in your own way.

It's difficult because it's likely that the mindset and psychology that got you there is going to be very difficult to break, extremely difficult to break. I heard this statistic one time. This is a completely different topic, but I think this applies to a lot of things, that the statistic that is most predictive on whether you will cheat on your spouse

It's difficult because it's likely that the mindset and psychology that got you there is going to be very difficult to break, extremely difficult to break. I heard this statistic one time. This is a completely different topic, but I think this applies to a lot of things, that the statistic that is most predictive on whether you will cheat on your spouse

is how many people you slept with before you got married. The implication being it's very difficult to just flip a switch and say, I'm a different person now. And I think that idea can apply to a lot of different things in life. And the psychology of I spend way more than I make and I don't care about money and debt, debt, debt. Some people can wake up one day and say, no more of that.