Alan shared an hour of his time to explain how he was able to retire at 35 and lays out the principles by which he lived.

Alan’s three core principles

1. Keep your spending in check so you save a lot - preferably by automating your savings
2. Seek out ways to increase your income through education, hard work, and challenging careers
3. Implement a sound investment strategy that keeps fees low and generates high rates of return early on

Alan discusses the merits of going back to school to get a graduate degree. He also explains why living in a low-cost city like Pittsburgh was a boon and how he lost more than 100 lbs after he retired.

THIS EPISODE WAS RECORDED ON SEPTEMBER 30TH, INTERNATIONAL PODCASTING DAY, at the EPICAST NETWORK STUDIOS.

Alan’s Challenge; Keep a journal of all your expenses for one week and reflect on necessary vs. discretionary purchases. By investing savings in securities generating an average of 10%/year (i.e. total stock market funds), in 20 years, each dollar saved could turn into $7. If you’d rather have the $7, automate your savings.

Reading Suggestion; BogleHeads

Connect with Alan

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Shane Parrish is the founder, curator and wisdom seeker behind Farnam Street. He is also  a bestselling author and entrepreneur known for his popular podcast The Knowledge Project and Brain Food newsletter.

Originally a personal blog where Shane could explore the discoveries made by others about decision-making, purposeful living, and the mechanics of the world, it swiftly transformed into a leading website for personal development.

Shane Parrish just released his book Clear Thinking. It is a book that equips you with the instruments to identify those pivotal moments capable of altering your path and influencing how you navigate the crucial gap between stimulus and response.

In this episode, Aaron and Shane discuss the importance of clear thinking, identifying blind spots, and making better decisions. They also explore the power of reading and the impact it can have on our lives. 

Shane’s Challenge: I want to know which part of that book changed your life, which part of that book changed your thinking.

Connect with Shane Parrish

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Twitter

Website

If you liked this interview, I'm confident you'd also enjoy the content on my YouTube channel. You will think more clearly after consuming some of the video essays on the channel, including our breakdown of why Apple is Screwed if China ends up invading Taiwan.

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David McCormick is the former CEO of Bridgewater Associates, one of the world’s largest hedge funds. He has also previously worked in the Bush White House and as President of FreeMarkets, a Pittsburgh-based startup from the early 2000s.

He accomplished the sale of FreeMarkets to Ariba in 2004 for an estimated sum of $500 million and ensured that his team retained their jobs after the acquisition.

McCormick ran in the GOP primaries for Pennsylvania senator against Dr. Mehmet Oz in 2022. It is speculated that he may run again in 2024 against Democratic incumbent Bob Casey.

In this episode, Aaron and David talk about his winding career, his book Superpower In Peril, and the major points in his game plan to renew America.

David McCormick’s Challenge; Embrace the privilege and responsibility to be born in the greatest country in the world by registering to vote.

Connect with David McCormick

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Twitter

Website

If you liked this interview, check out our episode about Storing Family Memories Forever & Losing $1 Billion w/ Glen Meakem

Underwritten by Piper Creative

Piper Creative makes creating podcasts, vlogs, and videos easy. 

How? Click here and Learn more.

We work with Fortune 500s, medium-sized companies, and entrepreneurs.

Follow Piper as we grow

YouTube

Subscribe on iTunes | Stitcher | Overcast | Spotify