The ego is what you think you are

“The face in the mirror, and the haphazard story we associate with it, is the ego. (But) what we think of ourselves is constantly changing, not just day to day, but moment to moment, and mood to mood. At different times, I have thought of myself as anything from an insufferable loser, to a freaking genius, to a guy who can never quite get his shit together, to a guy who’s never had a serious problem in his life. What I think I am is so fickle and so dependent on moods and circumstances, that it can’t possibly be right — ever!”

This is what is people mean when they say the self is an illusion. It is a fictional character that is constantly changing. Therefor, not a real thing in the permanent, unchanging sense of the word real.

David Cain comes closer to explaining this than anyone I’ve read.

Working for The Man

David Cain — once again — delivers The Most Interesting Thing I’ve Read Today. From his interview with The Man:

“Do you know how people with hoards of money get to have those hoards of money? They make some money, and then they don’t spend it all. They keep some each time it comes in, and they use it to make more come in next time. That’s how power is accumulated. Instead of accumulating power, most of my employees accumulate objects in their homes, or they just burn the money as it comes in, on booze and expensive sandwiches. What I see is people setting up their lives such that they become dependent on powerful people like me, which is exactly the opposite of how one ought to build wealth. That’s why I’m The Man and they work for The Man.”

And how did The Man deal with rock and roll’s threat to The Establishment?

“I killed John Lennon. I bought MTV. And, thank God, Bob Dylan went and found Jesus.”

And one more…

“People in the US, more than anywhere else, respond to personal inadequacy by buying stuff or trying to get in a better position to buy stuff later. This is great, because buying stuff eventually creates disappointment, which creates more buying.”

I can’t fit this sofa in my backpack

This post by Leah McClellan “spoke to me” (as the saying goes.) Like so many of us, she “fell into the rabbit hole called stuff” and her house was “bulging and sinking at the same time.”

I still have way too much stuff in my life but I can do something about that. (Barb, on the other hand, likes her stuff and plans to keep it). From Ms. McClellan’s post:

1. The stuff you can buy is a distraction that won’t help you reach your goals
2. Stuff creates a false sense of self
3. Stuff can blind you
4. Material stuff keeps you busy with…material stuff
5. Stuff distracts us from ourselves

One less decision

For the past two weeks, breakfast has been cereal with fruit, OJ and (sometimes) toast. This didn’t seem like an important decision until I read David Cain’s post: Why the minimalists do what they do.

“After years of being confronted with a decision shortly after waking, I decided to be done with deciding what was for breakfast. My usual is now the only thing on the menu, and since I stopped deciding what’s for breakfast, mornings have had a significantly different feel. They are clearer and more spacious.”

And it’s about more than what we have for breakfast.

“When we’re faced with a number of options, we’re always going to assume that one of them is better than all the rest. This means the more options there are, the more likely we are to choose one that isn’t the best one. […] Our satisfaction with what we have shrinks as the number of things we don’t have — or could have — grows.”

This notion resonates with me. Even to having fewer shirts or pants to select from each morning.

The Retirement Myth

“Only 58% of us are even saving for retirement in the first place. Of that group, 60% have less than $25,000 put away … a full 30% have less than $1,000.” According to Nielsen Claritas, Americans age 55 to 64 have a median net worth of $180,000 — less than they’ll likely need for health care spending alone during retirement. — According to ConvergEx Group

“The entire concept of retirement is unique to the late-20th century. Before World War II, most Americans worked until they died.”

“According to the Centers for Disease Control’s actuary tables, someone born in 1950 could expect to live to age 68.2, while someone born in 2010 could expect to live to 78.7.”

Full post at The Motley Fool

Who are your heros?

“If you tell me who your heroes are, I’ll tell you how you’ll turn out.” 
I’m not as smart as Warren Buffett but I might be as lucky.

“When you work with people who are already rich, they’ll work because they choose to do so, ‘rather than being on a yacht somewhere.’ But you don’t have to be rich. Buffett says that while it make take a job or two to get there, you should do the work you love.”

“Just imagine you could be given 10 percent of the future earnings of one person you know,” Buffett says. Would you pick the smartest person? The fastest runner? No, Buffett says: “You’re going to pick the person that has the right habits.”

Hanging out with Dave. And Dave.

This is the first Google Hangout I’ve actually enjoyed. Previous efforts were about learning the tools (I still need to work on that). This was a chance to shoot the shit with a couple of guys I find interesting and funny. I picked the radio topic just to get us started.

Had no idea it would run 45 minutes but that’s okay because we don’t expect anyone to actually watch this. David Brazeal left a perfectly good job to follow his passion. Dave Morris has been self-employed for years.