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Sloww Sunday Newsletter 049 (Feb 14, 2021) — Early Retirement, Investing Your Time, & More
Sloww Sunday is a free newsletter delivering the latest from Sloww along with the most interesting things I came across last week.
🆕 Quick Question
I’d love to provide content specifically tailored to where you are in your own journey.
Each of these three links will take you to a page with key topics and book recommendations based on the question:
♻️ A Systems Approach to Resilient Lifestyle Design
(90 mins | YouTube)
Jacob Lund Fisker is the founder of Early Retirement Extreme (ERE)—a founding father of what has now become widely known as the FIRE movement (Financial Independence Retire Early). His approach seems to incorporate the perfect blend of philosophy and practicality. Jacob officially retired at 33 years old (he’s 45 now). As of last year, his net worth was 129 years worth of annual expenses (and he never earned a high salary while he was employed)! The ERE website and book explain how he did it.
This new video with Jacob on The Stoa was the most pleasant surprise to see in my YouTube feed. I originally discovered Jacob in 2017 when I dove deep into FIRE. By the way, if you don’t yet follow The Stoa, it’s an incredible gateway to some of the most interesting people on the planet.
PS: Jacob’s top recommendation is to do a “buy nothing year” (which I actually did a couple years ago with clothing).
“ERE will give you the tools to become financially independent in 5 years … The key to success is to run your personal finances much like a business, thinking about assets and inventory and focusing on efficiency and value for money. Not just any business but a business that’s flexible, agile, and adaptable.” — Jacob Lund Fisker
⌛ How well are you investing your time?
(2 mins | YouTube)
Something a little different for this week’s timeless wisdom. This isn’t an old video, but it is a timeless lesson. In this short clip, Bill Gates and Warren Buffett talk about mindsets on the use of time. Gates describes a normal CEO who is constantly trying to do everything and be everywhere. On the flip side, Buffett’s calendar intentionally has as few meetings on it as possible.
“I can buy anything that I want, basically, but I can’t buy time. I better be careful with it. There’s no way I will be able to buy more time.” — Warren Buffett
💭 Deep Quote
“I’ve never seen any life transformation that didn’t begin with the person in question finally getting tired of their own bullshit.”
— Elizabeth Gilbert
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Have a transformational week!