Episode
Ep 38: Tony Robbins (Part 2) on Morning Routines, Peak Performance, and Mastering Money
1:02:15
Published: Wed Oct 15 2014
Description
Part 2 of 2. Tony Robbins is the world's most famous performance coach. He's advised everyone from Bill Clinton to Serena Williams, and from Leonardo DiCaprio to Oprah (who calls him "superhuman"). For years, you've also asked me to interview him in-depth -- so here it is! I flew to Florida to spend time with Tony in his home, and what ensued was an epic two-part conversation. It covers just about everything I've ever wanted to ask him, ranging from his breakfast and morning routines, all the way to who he'd most like to punch in the face (it's a hilarious story).My visit also coincided with his first new book in 20 years: Money--Master the Game. This podcast is brought to you by 99Designs, the world's largest marketplace of graphic designers. Did you know I used 99Designs to rapid prototype the cover for The 4-Hour Body? Here are some of the impressive results. Last, how would you like to join me and Sir Richard Branson on his private island for mentoring? It's coming up soon, and it's all-expenses-paid. Click here to learn more. It's worth checking out. QUESTION(S) OF THE DAY: What is the best piece of investment advice you ever received or read? Please let me know in the comments.***If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading the reviews!For show notes and past guests, please visit tim.blog/podcast.Sign up for Tim’s email newsletter (“5-Bullet Friday”) at tim.blog/friday.For transcripts of episodes, go to tim.blog/transcripts.Interested in sponsoring the podcast? Visit tim.blog/sponsor and fill out the form.Discover Tim’s books: tim.blog/books.Follow Tim:Twitter: twitter.com/tferriss Instagram: instagram.com/timferrissFacebook: facebook.com/timferriss YouTube: youtube.com/timferrissPast guests on The Tim Ferriss Show include Jerry Seinfeld, Hugh Jackman, Dr. Jane Goodall, LeBron James, Kevin Hart, Doris Kearns Goodwin, Jamie Foxx, Matthew McConaughey, Esther Perel, Elizabeth Gilbert, Terry Crews, Sia, Yuval Noah Harari, Malcolm Gladwell, Madeleine Albright, Cheryl Strayed, Jim Collins, Mary Karr, Maria Popova, Sam Harris, Michael Phelps, Bob Iger, Edward Norton, Arnold Schwarzenegger, Neil Strauss, Ken Burns, Maria Sharapova, Marc Andreessen, Neil Gaiman, Neil de Grasse Tyson, Jocko Willink, Daniel Ek, Kelly Slater, Dr. Peter Attia, Seth Godin, Howard Marks, Dr. Brené Brown, Eric Schmidt, Michael Lewis, Joe Gebbia, Michael Pollan, Dr. Jordan Peterson, Vince Vaughn, Brian Koppelman, Ramit Sethi, Dax Shepard, Tony Robbins, Jim Dethmer, Dan Harris, Ray Dalio, Naval Ravikant, Vitalik Buterin, Elizabeth Lesser, Amanda Palmer, Katie Haun, Sir Richard Branson, Chuck Palahniuk, Arianna Huffington, Reid Hoffman, Bill Burr, Whitney Cummings, Rick Rubin, Dr. Vivek Murthy, Darren Aronofsky, and many more.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Chapters
In this episode, Tim Ferriss discusses the concept of optimal minimal, taking the minimum effective dose to achieve your desired outcome.
00:00 - 01:03 (01:03)
Summary
In this episode, Tim Ferriss discusses the concept of optimal minimal, taking the minimum effective dose to achieve your desired outcome. He also mentions his email newsletter, Five Bullet Friday, which provides subscribers with five interesting and useful bullet points every week.
EpisodeEp 38: Tony Robbins (Part 2) on Morning Routines, Peak Performance, and Mastering Money
PodcastThe Tim Ferriss Show
The transcript includes ads for a design service provider called '99designs,' and a nutrition supplement company called 'Athletic Greens.'
01:03 - 06:08 (05:05)
Summary
The transcript includes ads for a design service provider called '99designs,' and a nutrition supplement company called 'Athletic Greens.'
EpisodeEp 38: Tony Robbins (Part 2) on Morning Routines, Peak Performance, and Mastering Money
PodcastThe Tim Ferriss Show
The average mutual fund, with all fees included, comes out to be 3.1%.
06:12 - 10:38 (04:26)
Summary
The average mutual fund, with all fees included, comes out to be 3.1%. It is important to understand the cost of investment fees in relation to the potential gains in order to properly assess investment opportunities.
EpisodeEp 38: Tony Robbins (Part 2) on Morning Routines, Peak Performance, and Mastering Money
PodcastThe Tim Ferriss Show
The average person's 401K portfolio is at risk due to the difficulty in choosing the right mutual fund, and evaluating them based on past performance can lead to poor returns.
10:38 - 14:01 (03:23)
Summary
The average person's 401K portfolio is at risk due to the difficulty in choosing the right mutual fund, and evaluating them based on past performance can lead to poor returns. According to Bogle, the average mutual fund owner over the past 20 years made a net return of just 2.5%.
EpisodeEp 38: Tony Robbins (Part 2) on Morning Routines, Peak Performance, and Mastering Money
PodcastThe Tim Ferriss Show
The transcript covers a discussion on financial savviness, the impact of inflation, and fees on investments, and how to effectively build wealth with proper financial education.
14:01 - 21:21 (07:20)
Summary
The transcript covers a discussion on financial savviness, the impact of inflation, and fees on investments, and how to effectively build wealth with proper financial education.
EpisodeEp 38: Tony Robbins (Part 2) on Morning Routines, Peak Performance, and Mastering Money
PodcastThe Tim Ferriss Show
The podcast discusses the probability of successful investing and how much one would bet if they knew their strategy had an 85% success rate and the largest loss would be 1.9%.
21:21 - 24:48 (03:27)
Summary
The podcast discusses the probability of successful investing and how much one would bet if they knew their strategy had an 85% success rate and the largest loss would be 1.9%.
EpisodeEp 38: Tony Robbins (Part 2) on Morning Routines, Peak Performance, and Mastering Money
PodcastThe Tim Ferriss Show
In this podcast, the speaker discusses the problem of not knowing one's true risk tolerance when it comes to investing and challenges listeners to truly understand their own risk tolerance.
24:48 - 26:55 (02:07)
Summary
In this podcast, the speaker discusses the problem of not knowing one's true risk tolerance when it comes to investing and challenges listeners to truly understand their own risk tolerance.
EpisodeEp 38: Tony Robbins (Part 2) on Morning Routines, Peak Performance, and Mastering Money
PodcastThe Tim Ferriss Show
AJ Gupta, the face of the 10,000 registered investment advisory fiduciaries, talks about the importance of balanced investing using technology and live people, and his appearance on Charles Schwab's magazines last year.
26:55 - 29:03 (02:08)
Summary
AJ Gupta, the face of the 10,000 registered investment advisory fiduciaries, talks about the importance of balanced investing using technology and live people, and his appearance on Charles Schwab's magazines last year.
EpisodeEp 38: Tony Robbins (Part 2) on Morning Routines, Peak Performance, and Mastering Money
PodcastThe Tim Ferriss Show
Asset allocation involves diversifying investments into uncorrelated or inversely correlated buckets to mitigate risk.
29:03 - 35:28 (06:25)
Summary
Asset allocation involves diversifying investments into uncorrelated or inversely correlated buckets to mitigate risk. It is different from the high-risk high-return strategy commonly associated with tech investments, and can help investors weather market fluctuations.
EpisodeEp 38: Tony Robbins (Part 2) on Morning Routines, Peak Performance, and Mastering Money
PodcastThe Tim Ferriss Show
Making investment decisions is the most important financial decision according to experts.
35:28 - 38:19 (02:51)
Summary
Making investment decisions is the most important financial decision according to experts. Allocating your money wisely in terms of secure and growth investments is crucial.
EpisodeEp 38: Tony Robbins (Part 2) on Morning Routines, Peak Performance, and Mastering Money
PodcastThe Tim Ferriss Show
The podcast discusses pithy heuristics for the stock market that can change people's views on money and the world in general, such as the assumption that one's favorite investment areas will decrease by 50% in the next period, and the value of putting systems in place to mitigate against one's impulses.
38:19 - 44:24 (06:05)
Summary
The podcast discusses pithy heuristics for the stock market that can change people's views on money and the world in general, such as the assumption that one's favorite investment areas will decrease by 50% in the next period, and the value of putting systems in place to mitigate against one's impulses.
EpisodeEp 38: Tony Robbins (Part 2) on Morning Routines, Peak Performance, and Mastering Money
PodcastThe Tim Ferriss Show
The speaker discusses the challenges of using political capital to push healthcare legislation while half the country is upset about it, and his previous support for the idea of raising taxes on the rich to balance the budget.
44:24 - 47:49 (03:25)
Summary
The speaker discusses the challenges of using political capital to push healthcare legislation while half the country is upset about it, and his previous support for the idea of raising taxes on the rich to balance the budget.
EpisodeEp 38: Tony Robbins (Part 2) on Morning Routines, Peak Performance, and Mastering Money
PodcastThe Tim Ferriss Show
A transcript excerpt featuring a person telling the President that they voted for him, but disagree with his stances on the environment and LGBTQ+ rights.
47:49 - 49:59 (02:10)
Summary
A transcript excerpt featuring a person telling the President that they voted for him, but disagree with his stances on the environment and LGBTQ+ rights.
EpisodeEp 38: Tony Robbins (Part 2) on Morning Routines, Peak Performance, and Mastering Money
PodcastThe Tim Ferriss Show
A man recounts a conversation he had with the President about the potential removal of a 15% tax and how it could affect his friends and their hedge funds.
49:59 - 53:14 (03:15)
Summary
A man recounts a conversation he had with the President about the potential removal of a 15% tax and how it could affect his friends and their hedge funds. He clarifies that he is not solely focused on tax breaks for Republicans.
EpisodeEp 38: Tony Robbins (Part 2) on Morning Routines, Peak Performance, and Mastering Money
PodcastThe Tim Ferriss Show
The podcast discusses how to cope with inner conflicts that are difficult to resolve and talks about the current situation in politics, which has led to an impasse.
53:14 - 56:28 (03:14)
Summary
The podcast discusses how to cope with inner conflicts that are difficult to resolve and talks about the current situation in politics, which has led to an impasse. The speaker shares his experience and mentions seeking help from experts in the field.
EpisodeEp 38: Tony Robbins (Part 2) on Morning Routines, Peak Performance, and Mastering Money
PodcastThe Tim Ferriss Show
The author shares his book on financial tips focusing on the value and purpose of money and encourages readers to use it as a tool to improve the quality of their life and those around them.
56:28 - 1:00:36 (04:08)
Summary
The author shares his book on financial tips focusing on the value and purpose of money and encourages readers to use it as a tool to improve the quality of their life and those around them. Readers who purchase the book on Amazon and share their receipt may receive a set of three videos on the topic.
EpisodeEp 38: Tony Robbins (Part 2) on Morning Routines, Peak Performance, and Mastering Money
PodcastThe Tim Ferriss Show
In this snippet, Tim Ferriss shares his social media handles where you can find bonus content and also mentions a website where his interactions with successful people can be found.
1:00:36 - 1:02:07 (01:31)
Summary
In this snippet, Tim Ferriss shares his social media handles where you can find bonus content and also mentions a website where his interactions with successful people can be found.