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All of us are here on Earth for a reason. On today's episode, Andy and the guys are joined by former Navy SEAL turned entrepreneur and ultra-runner, Chadd Wright as they discuss the mindset of someone who never quits working towards their goals, the situation brewing in Afghanistan and how you can learn to detach yourself from an identity to help you see the truth.

136. Execute Execute Execute Ft. Chadd Wright

Stu Feiner joins this week's program as we preview Advisors and football, talk last week's Rough n Rowdy, and #FrankWasRight. 

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Barstool Sports Advisors Preview w/ Stu Feiner — DPS #48

Water is one of the West's most precious resources, but it's drying up. We begin a week of the economics of water. Today: Who has the rights? When there isn't enough, could the answer be bankruptcy?

Water In The West: Bankrupt?

Complete our Listener Survey to Win a $100 Amazon Gift Card: https://bit.ly/3DjoM6b Debt, Budgeting, Career, Savings, Home Buying As heard on this episode:  SimpliSafe: https://bit.ly/37NBd9g  Zander: https://bit.ly/2Xbn7hD   Sign up for a FREE trial of Ramsey+ TODAY: https://bit.ly/3rZTUAx Tools to get you started:   Debt Calculator: https://bit.ly/2Q64HME Insurance Coverage Checkup: https://bit.ly/3sXwUn5 Complete Guide to Budgeting: https://bit.ly/3utmVXi  Check out more Ramsey Network podcasts: https://bit.ly/3fHhbVE

We Bought a Money Pit! (Hour 3)

Today we received record-shattering house price numbers. Although major metro housing market conditions right now are sharply reminiscent of the bubble of 2005, economists consider this a very different category of boom. Also on today&#8217;s show, how Louisianans without power or water are surviving in the late-summer heat, a stark report on racial and ethnic disparity in receiving specialty health care and a look at the businesses — 6% of borrowers — that have been asked to pay back portions of their Paycheck Protection Program loans.

What next for the housing market?

Economists often say we should put prices on scarce resources. So that's what Australia did with water. On today's show, how that turned out.

Liquid Markets

Although about a million people in Louisiana are without power due to the destruction caused by Hurricane Ida, the investment of billions of dollars in a robust levee system means things are a lot better than they would have been. It&#8217;s a real-life examination of return on infrastructure investment. Also: Economist Mohamed A. El-Erian on why he —  still — disagrees with the policy approach taken by the Federal Reserve, how Ikea hopes to stop you from sending its wares to landfills and a marketing professor&#8217;s take on the Taliban&#8217;s association with Toyota.

Infrastructure investment put to the test in Louisiana

The work of our first Black economist was lost to history. The story of what happened when Professor Nina Banks set out on a quest to rediscover it — a tale of economic archeology.

The Lost Archives of Sadie Alexander

In the late 1980s, a New Zealand engineer named Keith Alexander wanted to buy a trampoline for his kids. After his wife said they were too dangerous, Keith set out to design his own—a safer trampoline, without metal springs. He tinkered with and perfected the design over the course of a decade. But he was daunted by the challenge of bringing his invention to market; and he almost gave up. At that point Steve Holmes, a Canadian businessman, bought the patent to Keith's trampoline, and took a big risk to commercialize it. Since the start of the pandemic, sales of Springfree Trampolines doubled, and since their launch, the company has sold nearly 500,000 trampolines worldwide.

Springfree Trampoline: Keith Alexander & Steve Holmes (2019)

It&#8217;s been a somber news day. Hurricane Ida hit New Orleans on the 16th anniversary of Hurricane Katrina. This time, the city&#8217;s $14.5 billion system of levees seemed to have held up, but the storm knocked out power for 1 million people. We&#8217;ll talk about what this extreme weather tells us about climate adaptation. Plus, it&#8217;s the end of an era in Afghanistan as the last American troops pull out of Kabul and we&#8217;ll share a few stories you might&#8217;ve missed over the weekend. Finally, an Al Roker clap back you didn&#8217;t know you needed.
Here&#8217;s everything we talked about today:

&#8220;Afghanistan Live Updates: The United States Occupation Is Over&#8221; from The New York Times 
&#8220;Ida weakens to tropical storm after knocking out power to New Orleans&#8221; from NBC News
&#8220;EU Recommends Halting Nonessential Travel From the U.S. Over Covid-19&#8221;  from The Wall Street Journal
&#8220;Mandatory evacuations in South Lake Tahoe as winds bring extreme fire danger&#8220; from The Los Angeles Times
&#8220;China Limits Online Videogames to Three Hours a Week for Young People&#8221; from The Wall Street Journal
&#8220;Record-Breaking 44 Container Ships Stuck Off California Coast&#8221; from Business Insider
&#8220;Ohio judge orders hospital to treat COVID patient with Ivermectin despite CDC warnings&#8221; from USA Today
&#8220;Is a Mass Psychosis the Greatest Threat to Humanity?&#8221;  from Academy of Ideas 
&#8220;A Jeopardy! Board for Determining Who Should Be the Next Host of Jeopardy!&#8221; from McSweeney&#8217;s
Twitter convo on the new Bob Ross documentary
Al Roker&#8217;s clap back at critics

Read the transcript here.
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Make Me Smart with Kai and Molly

Humanity can’t get a win

Debt, Career, Home Selling Complete our Listener Survey to Win a $100 Amazon Gift Card: https://bit.ly/3DjoM6b As heard on this episode:  Zip Recruiter: https://bit.ly/2JenOB7   Sign up for a FREE trial of Ramsey+ TODAY: https://bit.ly/3rZTUAx Tools to get you started:   Debt Calculator: https://bit.ly/2Q64HME Insurance Coverage Checkup: https://bit.ly/3sXwUn5 Complete Guide to Budgeting: https://bit.ly/3utmVXi  Check out more Ramsey Network podcasts: https://bit.ly/3fHhbVE

What Should I Be Doing With My Money Right Now? (Hour 2)

Complete our Listener Survey to Win a $100 Amazon Gift Card: https://bit.ly/3DjoM6b Debt, Career, Budgeting, Retirement, Insurance As heard on this episode:  BetterHelp: https://bit.ly/2R0pbHu   Sign up for a FREE trial of Ramsey+ TODAY: https://bit.ly/3rZTUAx Tools to get you started:   Debt Calculator: https://bit.ly/2Q64HME Insurance Coverage Checkup: https://bit.ly/3sXwUn5 Complete Guide to Budgeting: https://bit.ly/3utmVXi  Check out more Ramsey Network podcasts: https://bit.ly/3fHhbVE

Don't Gain Credit Card Points...Gain WEALTH! (Hour 3)

Iconic Therapist Dr. Sue Johnson — How to Improve Sex and Crack the Code of Love | Brought to you by Laird Superfood plant-based creamers, Headspace easy-to-use app with guided meditations, and Eight Sleep’s Pod Pro Cover sleeping solution for dynamic cooling and heating. More on all three below.

Dr. Sue Johnson (@Dr_SueJohnson) is a leading innovator in the fields of couple therapy and adult attachment. She is the primary developer of Emotionally Focused Couples and Family Therapy (EFT), which has demonstrated its effectiveness in over 30 years of peer-reviewed clinical research. Sue has received numerous awards in recognition of her development of EFT, including the American Psychological Association’s “Family Psychologist of the Year” and the Order of Canada.

Her best-selling book Hold Me Tight—with more than one million copies sold—has taught countless couples how to enhance and repair their love relationships. The book has since been developed into a relationship enhancement program called Hold Me Tight Online. Her most recent book for clinicians, Attachment Theory in Practice, delineates the promise of attachment science for understanding and repairing relationships.

As the founding director of the International Centre for Excellence in Emotionally Focused Therapy (ICEEFT), Sue trains counselors in EFT worldwide and provides guidance to 80 affiliated centers. She consults for the US and Canadian militaries and is a popular presenter and speaker for the general public.

Please enjoy!

This episode is brought to you by Laird Superfood. Founded by big-wave surfer Laird Hamilton and volleyball champion Gabby Reece, Laird Superfood promises to deliver high-impact fuel to help you get through your busiest days. Laird Superfood offers a line of plant-based products designed to optimize your daily rituals from sunrise to sunset.

My two favorite products are their Turmeric Superfood Creamer and Unsweetened Superfood Creamer. I put one of them in practically everything. Both can really optimize your daily coffee or tea ritual, and a $10 bag will last you a long time. For a limited time, Laird Superfood is offering you guys 20% off your order when you use code TIM20 at checkout. Check out LairdSuperfood.com/Tim to see my favorite products and learn more.

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This episode is also brought to you by Eight Sleep! Eight Sleep’s Pod Pro Cover is the easiest and fastest way to sleep at the perfect temperature. It pairs dynamic cooling and heating with biometric tracking to offer the most advanced (and user-friendly) solution on the market. Simply add the Pod Pro Cover to your current mattress and start sleeping as cool as 55°F or as hot as 110°F. It also splits your bed in half, so your partner can choose a totally different temperature.

And now, my dear listeners—that’s you—can get $250 off the Pod Pro Cover. Simply go to EightSleep.com/Tim or use code TIM. 

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This episode is also brought to you by Headspace! Headspace is your daily dose of mindfulness in the form of guided meditations in an easy-to-use app. Whatever the situation, Headspace can help you feel better. Overwhelmed? Headspace has a 3-minute SOS meditation for you. Need some help falling asleep? Headspace has wind-down sessions their members swear by. And for parents, Headspace even has morning meditations you can do with your kids. Headspace’s approach to mindfulness can reduce stress, improve sleep, boost focus, and increase your overall sense of well-being.

Go to Headspace.com/Tim for a FREE one-month trial with access to Headspace’s full library of meditations for every situation.

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For show notes and past guests, please visit tim.blog/podcast.

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Past 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.

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#529: Iconic Therapist Dr. Sue Johnson — How to Improve Sex and Crack the Code of Love

0:00:00 - Opening0:10:21 - Sara Wilkinson2:48:10 - Final thoughts3:13:28 - How to stay on THE PATH.3:40:01 - Closing Gratitude.Support this podcast at — https://redcircle.com/jocko-podcast/exclusive-content

296: When You're There, You're There. When You're Home, You're Home. W/Sara Wilkinson and Jason McCarthy

Debt, Relationships, Career As heard on this episode:  Churchill Mortgage: https://bit.ly/2JcfkGy  Zip Recruiter: https://bit.ly/2JenOB7   Sign up for a FREE trial of Ramsey+ TODAY: https://bit.ly/3rZTUAx Tools to get you started:   Debt Calculator: https://bit.ly/2Q64HME Insurance Coverage Checkup: https://bit.ly/3sXwUn5 Complete Guide to Budgeting: https://bit.ly/3utmVXi  Check out more Ramsey Network podcasts: https://bit.ly/3fHhbVE

My Husband Just Left Me and I'm Trying To Get My Finances Together (Hour 3)

Complete our Listener Survey to Win a $100 Amazon Gift Card: https://bit.ly/3DjoM6b Debt, Career, Investing As heard on this episode:  Zander: https://bit.ly/2Xbn7hD  BetterHelp: https://bit.ly/2R0pbHu   Sign up for a FREE trial of Ramsey+ TODAY: https://bit.ly/3rZTUAx Tools to get you started:   Debt Calculator: https://bit.ly/2Q64HME Insurance Coverage Checkup: https://bit.ly/3sXwUn5 Complete Guide to Budgeting: https://bit.ly/3utmVXi  Check out more Ramsey Network podcasts: https://bit.ly/3fHhbVE

Can I Afford To Move Out of My Parents' House? (Hour 1)

By now you&#8217;ve heard the phrase creator economy. It includes everyone from TikTok stars to Twitch streamers and adult-content creators on sites like OnlyFans.
 
According to one report, more than 50 million people around the world consider themselves creators, and it&#8217;s become the fastest-growing type of small business.
&#8220;The influencer marketing industry is projected to be over a $20 billion business in the next couple years,&#8221; said Taylor Lorenz, who covers tech culture and online creators for the New York Times. She’s also the author of the forthcoming book “Extremely Online: The Rise of the Online Creator and Creation of a New American Dream.” 
&#8220;For so long, it was really, really, really hard to build tech products for influencers or creators &#8230; because tech executives and tech investors really thought of it as a niche market, right? Now, obviously, there&#8217;s so many creators, the pandemic kind of pushed everyone online and the industry is, you know, reaches a sort of a maturation point where it makes a lot of money. And so you see the Silicon Valley investors kind of rushing in.&#8221;
 
Today, we&#8217;re doing the numbers on the creator economy and discuss how it&#8217;s not only changing the business world, but also changing how people think about democracy, misinformation, the anti-vaccination movement and, ultimately, whom people trust.

In the news fix, we&#8217;ll commiserate over airline customer service wait times, and is Kai a psychic? His &#8220;Jeopardy!&#8221; prediction comes true. Plus, we&#8217;ll hear from a listener who is the boss of multitasking, and another one calls in with a life update.
When you’re done listening, tell your Echo device to “make me smart” for our daily explainers. This week, we’re explaining libraries, vaccines and Dolly Parton. You can hear all our explainers here. And don’t forget to subscribe to our newsletter! You can find the latest issue here.
Here&#8217;s everything we talked about today:

&#8220;Hello, Content Creators. Silicon Valley’s Investors Want to Meet You.&#8221; Taylor&#8217;s reporting in The New York Times
&#8220;The Real Difference Between Creators and Influencers&#8221; from The Atlantic
&#8220;Analysis | No, the Taliban did not seize $83 billion of U.S. weapons&#8221; from The Washington Post
&#8220;Consumer Confidence Hits Six-Month Low in US&#8221; from Bloomberg
&#8220;Need to Call an Airline? Your Hold Time Will Be Approximately One Zillion Hours&#8221; from The Wall Street Journal
&#8220;Scoop: Facebook&#8217;s new moves to lower News Feed&#8217;s political volume&#8221; from Axios
&#8220;Mike Richards is now out as executive producer of &#8216;Jeopardy!&#8217; too&#8221; from CNN

Read the transcript here.

What’s the deal with the creator economy?

Investing during a bubble can leave you bust. But how to tell the difference between a bubble before it bursts and an investing rocket ship taking off? We'll run through a historical example and look inside our own thinking to find the mental biases that can contribute or exacerbate bad bubble thinking. | Watch this Tik Tok to learn more and subscribe to our weekly newsletter here.

SUMMER SCHOOL 5: Bubbles, Bikes, & Biases

August capped off its seventh straight month of gains, but will the rally roll on, or is there pain coming in the fall? The desk discusses how they’re setting up for the coming month. Plus bitcoin may be all the rage, but it’s a different crypto that’s not only outperforming, but possibly becoming a more viable coin. We break down what’s going on.