Why Your Generation Is Obsessed With Freedom — Transcript

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1. 0:00This might be the most valuable piece of
2. 0:01the podcast for young people. So, let me
3. 0:02just make this point.
4. 0:06Right now, I would say the youth of at
5. 0:08least the Western world is obsessed with
6. 0:11the idea of independence, freedom, and
7. 0:13optionality.
8. 0:15They want to do it their way and have
9. 0:17all options open. They never want to get
10. 0:19tied down. They don't want to commit to
11. 0:20a career. They don't want to commit to
12. 0:21anything. It's because like I don't I
13. 0:23don't know if something's going to
14. 0:24change.
15. 0:26But, the optionality that we earn,
16. 0:30it's like just making a ton of money,
17. 0:32but never spending it.
18. 0:34If you die at the end of your life with
19. 0:36a big pile of money never having spent
20. 0:37it, you wasted your life.
21. 0:39It's like the ant that saved for winter
22. 0:41and saves its entire life, but never
23. 0:42actually eats this big breadcrumb and
24. 0:43then they're gone. And so, options are
25. 0:45like money, which is that the only time
26. 0:47that they have value is when they are
27. 0:48spent, when they are used. And so,
28. 0:51in the short term, you'll have those
29. 0:53options, but you need to like the part
30. 0:55of growing up is
31. 0:57making commitments, which is eliminating
32. 0:59alternatives, which means you make you
33. 1:01walk through one-way doors knowing that
34. 1:03you can't walk back.
35. 1:05And like I see that as a big sign of
36. 1:06maturity.
37. 1:08As you've taken these steps because
38. 1:09you've decided
39. 1:10and decidere, right? The Latin is to cut
40. 1:12off. You cut off options because you say
41. 1:14this is more meaningful to me. And it's
42. 1:17because people are unwilling to make
43. 1:18trades.
44. 1:20Like all deci- like there are no
45. 1:23solutions, there are only trade-offs.
46. 1:25So, like you will sacrifice novelty for
47. 1:28loyalty when you get married. That's a
48. 1:30trade. And at some point it will be
49. 1:32worth it more for you to have loyalty
50. 1:34than novelty in your life.
51. 1:36Right? Um
52. 1:38And so, there are many trades like this
53. 1:39that we have to make, but the ultimate
54. 1:42trade is the one that we don't make when
55. 1:43you basically get neither thing that you
56. 1:45want. Because you sit on the sideline
57. 1:48with your big stack of money, your big
58. 1:49stack of options never having used them.
59. 1:52Because some doors also do close
60. 1:55because at a certain point you do lose
61. 1:56options by not committing.
62. 1:59>> Right.
63. 2:00>> If you are a girl and you want to wait
64. 2:01for your options, if you're 60 the
65. 2:03likely that you're going to be able to
66. 2:04have kids is very low.
67. 2:06If you didn't have kids by the time
68. 2:07you're 60, I'm using that as an extreme
69. 2:09example here because I don't feel like
70. 2:10dealing with it.
71. 2:11Um, then you're probably not going to
72. 2:13have kids. And it's because that option
73. 2:15is now gone for you. And so some options
74. 2:17have an expiration date on them. And so
75. 2:19sometimes we just have to decide and
76. 2:20realize that we will not get everything
77. 2:21in life. And I think that is that is
78. 2:23probably one of the biggest things that
79. 2:26I would say like what has changed about
80. 2:27me from a maturity perspective is
81. 2:29realizing that you cannot have it all.
82. 2:32And like very viscerally. Like if you
83. 2:35want a house that has a mountain view
84. 2:38and is on the beach and is also secluded
85. 2:41but walking distance from grocery stores
86. 2:44and shops and shopping.
87. 2:46You can't.
88. 2:48Because you can't be in the mountains
89. 2:49and then also have the the the the
90. 2:52shopping malls and all the stuff. And
91. 2:53you can't be on the beach but also have
92. 2:54the mountain view. It doesn't like these
93. 2:56things these things sit separately. And
94. 2:58if you want to also have
95. 3:00uh the beach but also have skiing like
96. 3:02there there is no place that has those
97. 3:03things. And so we want everything and
98. 3:07are unwilling to sacrifice anything and
99. 3:09as a result get nothing.
100. 3:12I would say that's probably
101. 3:14the biggest thing that has changed as
102. 3:16I've gotten older is that I'm willing to
103. 3:18make trades.
104. 3:21>> Beautiful. If you like this video and
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