6:00

People start being interested in something because

6:03

it's going up, not because they understand

6:05

it or anything else. But

6:07

the guy next door, who they know is dumber

6:09

than they are, is getting rich and they aren't."

6:13

Just imagine the feeling. You're

6:15

being surpassed by people that you know

6:17

are less accomplished, less intelligent, and less

6:20

worthy of such status. This

6:22

is why headlines like, everyone's getting

6:24

hilariously rich and you're not, are

6:27

so effective at triggering your greed.

6:30

You don't wanna be left behind, so you think

6:32

about getting in. But before you

6:34

do, you should answer one question, burnout

6:37

or fade away? I'll

6:40

never forget one of the most chilling lines

6:42

in Kurt Cobain's suicide note. It's

6:45

better to burnout than to fade away. The

6:48

line comes from a Neil Young song, but gets

6:50

at one of the biggest trade-offs we all make

6:52

in life. Should you go

6:55

for something big and possibly fail, or

6:58

play it safe, fade away? Before

7:01

you do something that could be considered

7:03

greedy, ask yourself, is

7:05

it better to burnout or fade away? This

7:08

question gets at whether you want a high

7:10

variance or a low variance in your life

7:13

circumstances. Cobain, Whitney, and

7:15

Livermore all made their choice early on

7:17

in their lives, and they all

7:19

paid a price in some way or another. However,

7:22

for every failure, there's a success story

7:25

of someone who took incredible risk and

7:27

won. I'm not trying to

7:29

convince you that there's a right answer to this question. There

7:32

isn't. The question is whether you

7:34

are willing to pay the price of greed, whether

7:37

you would give up the safe route to take

7:39

a more dangerous path. Because the

7:41

price of greed isn't about the money you lost, it's

7:44

about the life you could have had. You

7:50

just listened to the post titled,

7:53

The Price of Greed by Nick

7:55

Maggiuli of ofdollarsindata.com. And I'll

7:57

be right back with my commentary. Have

7:59

you been...