Hedge fund manager and author Bill Perkins explains his 'Die With Zero' philosophy on why entrepreneurs should spend money on life experiences earlier in life rather than hoarding it.
“The, your ability to convert your capital into meaningful experiences or useful experiences declines as you age. Your lung capacity goes down. Your muscle mass goes down. Your fragility goes up. Your, even your attitude. You're like, I don't like that anymore.”
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More from Bill Perkins
Insight
Perkins: Wealthy investors actively seek capable executors over ideas
“The money is easy. It's having an idea that you can execute on. There's tons of money. There's tons of rich guys that don't want to work. They just want to invest in somebody and make a good return.”
Bill PerkinsJan 29, 2025▶ 4:05Your Ego Is Keeping You Poor | Bill Perkins
Insight
Perkins: Educated founders face ego risk, not financial risk
“And so I say to most people at this level of education and intelligence, like, there's no financial risk, there's only ego risk.”
Bill PerkinsJan 29, 2025▶ 9:17Your Ego Is Keeping You Poor | Bill Perkins
Insight
Perkins: People love watching failure to validate their own cowardice
“And the reason why people love a failure is not that they're evil, but it validates their own cowardice, right? They had dreams too that they didn't go pursue.”
Bill PerkinsJan 29, 2025▶ 9:53Your Ego Is Keeping You Poor | Bill Perkins
Insight
Bill Perkins: Delusional ambition is a requirement to enter the arena
“I generally am the most delusional of my friends. And I think that's a requirement, you know, that, that puts you in the arena. Doesn't mean you're gonna succeed, doesn't mean you're gonna, you know, swim upstream it just means you're in the arena, and you're …”
Bill PerkinsJun 25, 2024▶ 37:31Your Under-Performer Friends Cost You $100K a Year | Bill Perkins
Opinion
Perkins: Couples Need a Relationship Coach to Build a Great Marriage
“I tell all my friends, I'm like, you should have a relationship coach. I don't care how good your relationship is, you should have a coach.”
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Disclosure
Perkins: I pay at the top of the market to retain talent
“I'm like, what is the market? And then I pay at the top of the market. You know? Golden handcuff them.”
Bill PerkinsJan 29, 2025▶ 19:26Your Ego Is Keeping You Poor | Bill Perkins
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