In this episode, William Green speaks with Michael Berg, a great scholar & author who draws on the ancient wisdom of Kabbalah to explore how we can build lives that are truly richer, wiser, & happier. Here, Michael discusses how to extract more pleasure from whatever wealth you have; why sharing your money & time builds a greater sense of abundance; how to support your kids without sapping their desire to succeed; why deferred gratification is a superpower in business & life; how to handle challenges & adversity; & why the real key to happiness is appreciation.
IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro
17:01 - Why Michael Berg sees no conflict between a spiritual life & material success.
20:17 - How our own actions open or close the “channels of abundance.”
22:38 - Why Sir John Templeton called tithing “the single best investment.”
32:44 - Why Charlie Munger reveres Maimonides, a 12th-century sage & doctor.
39:39 - How to extract more pleasure from whatever wealth we have.
48:37 - Why it’s helpful to recognize that we don’t truly own anything.
55:29 - How appreciation helps Howard Marks to stay humble & be happy.
59:00 - Why many rich people are surprisingly unhappy.
1:15:51 - How to build joyful abundance by sharing your time & money.
1:23:15 - How to help your kids without disempowering them.
1:26:14 - Why delayed gratification is essential in business, investing, & life.
1:35:45 - How Michael handles challenges & reframes adversity.
1:41:38 - Why his father, Rav Berg, taught that “consciousness is everything.”
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
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This episode is from We Study Billionaires - The Investor’s Podcast Network whose proprietor has full ownership and responsibility on its contents and artworks. It was shared using Castamatic, a podcast app for iPhone and iPad.