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The Daily Stoic

We Are Poor Compared To Them

18 Jun 2026

Transcription

Transcript generated automatically by AI and may contain errors.

Chapter 1: What does it mean to be wealthy according to Stoicism?

0.031 - 28.654 Ryan Holiday

Welcome to the Daily Stoic Podcast, designed to help bring those four key Stoic virtues, courage, discipline, justice, and wisdom into the real world. We are poor compared to them. It seemed like he had nothing. He had no home. He had no job. He dressed in rags. Yet when Diogenes encountered Alexander the Great, it was ultimately the poor philosopher who came out on top.

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29.575 - 48.978 Ryan Holiday

Alexander, who could offer wealth and power and protection, virtually anything in the world, asked Diogenes if there was something he could do for him. Dagenes wanted for nothing and was therefore bold enough to tell Alexander the Great to go away and stop blocking his son. It calls to mind the lyrics in the classic song, A Satisfied Mind.

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49.759 - 73.035

Well, the wealthiest person Well, it's pauper at times It's pauper at times Compared to the With a satisfied mind

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74.045 - 86.9 Ryan Holiday

Epictetus was such a man too. He was born a slave in the household of one of Nero's officials. But looking around at the sycophants and psychopaths, he came to understand that actually he was much freer than them.

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Chapter 2: How did Diogenes demonstrate true wealth in his encounter with Alexander the Great?

86.94 - 107.005 Ryan Holiday

He had something they could never buy, self-possession. He had equanimity and wisdom. Getting to a place where you know yourself, where you have controlled your needs, where you understand and live by values, is an incredibly wealthy place. How many rich people actually have it? Do you?

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