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Welcome to the daily Stoic podcast, designed to help bring those four key Stoic virtues, courage, discipline, justice and wisdom, into the real world. This is what money is jealous of. You think they have it all. You think they have the good life. You think they have everything they could possibly want. But the rich, the powerful, they are actually incredibly jealous people. They are jealous not just of other rich people and therefore often feel quite poor, according to Seneca, but they are also jealous of seemingly ordinary people.
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Like who?
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People with freedom, people with time, people who are happy. You think Marcus Aurelius, for all his wealth and power, didn't wish he could trade places with the philosophers he so admired?
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Of course he did.
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You think Seneca at the end, having gotten so much money from Nero and thus unable to escape his clutches, didn't envy the more austere philosophers who shied
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away was his dying regret. No doubt.
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Gold, power, fame. As elusive and rare as these things are, time is a much more precious resource.
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And yet it is wasted on the
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young and the rich alike. But you can have those things easily. In fact, you may well have them right now. You do not need to strike it rich.
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You were born rich.
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You do not need to climb to the top.
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You can simply step off the treadmill.
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Because every opportunity comes with a trade off. And not every sum of money is worth the price. And this is one of the things we talk about in the wealthy Stoic sort of course on Stoicism and money. Maybe it sounds like from the name, it's like, here's how to make more money. No, no, it's how Stoics thought about money. It's how they thought about their finances. It's how they change their relationship to those things. There are definitely some Stoic ideas that will help you be more successful. There are also some really important Stoic ideas that will change how you think about success. And it's one of the best courses I think we've done. It was controversial when it came out, but we've got some really interesting interviews in it, some really good ideas. To me it is urgent and important. It's changed how I thought about a bunch of things in my life. I think you'll really like it. You can sign up right now@dailystoic.com Wealthy of course, remember, if you are a Daily Stoic life member, you get it. And all the Daily Stoic courses for free. So that might be a great little sort of two for one there, which is, you know, savings. I don't know. Anyways, check it out. Dailystoaklife.com and I'll see you in there. Being an effective leader is difficult, right? You gotta keep your ego in check. You gotta know how your business works, how the team operates for peak effectiveness. But most leaders are making decisions about their teams based on assumptions and not reality. And that's exactly the problem that today's sponsor, Scribe, was built to fix. Scribe Optimize passively captures how your team works across approved business apps. And it uses AI to automatically surface workflows, inefficiencies and improvement options. Opportunities. No interviews, no manual discovery, no extra work for your team. Scribe is trusted by 80,000 plus enterprises, including nearly half of the Fortune 500. Scribe Optimize follows work across every tool involved. If someone starts something in Salesforce and finishes it in a completely different tool, it tracks it the whole way. And Optimize shows you where your biggest inefficiencies are with AI powered recommendations on how to fix them. So you're not just identifying problems, you're getting clear directions on how to improve the kind of visibility that used to take months now is always and Optimize only works on applications. Your admin improves so no personal activity is captured and no one's privacy is at risk. If you want to see what Optimize could look like for your organization, visit Scribe. How Stoic S C R I B E How stoic maybe you've been hearing the buzz about live shopping lately. I know I have. And it makes sense. Like people are already on their phones, they're hanging out, they're looking for stuff to do. So why wouldn't business want to meet people where they're at? If you're hoping for people to find your listing or waiting for them to walk into your store, I know bit about that. You're setting yourself up for disappointment. On Whatnot, you can go live and sell directly to people in real time. They see what you've got, they ask questions and they buy. And they keep coming back. Whatnot is the largest dedicated live shopping platform. Whether it's beauty, collectibles, electronics, luxury, fashion, even cookies, sellers are building real, thriving businesses on Whatnot. Whatnot. Buyers spend more than an hour a
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the Stoic is a work in progress. Show me someone sick and happy, in danger and happy dying and happy, exiled and happy, disgraced and happy. Show me, by God, how much I'd like to see a Stoic. But since you can't show me someone so perfectly formed, at least show me someone actively forming themselves, so inclined in this way. Show me that's Epictetus discourses. Instead of seeing philosophy as an end to which one aspires, see it as something one applies not occasionally, but over the course of a life, making incremental progress along the way, sustained execution, not shapeless epiphanies. Epictetus loved to shake his students out of their smug satisfaction with their own progress. He wanted to remind them, and now you, of the constant work and serious training needed every day. If we are ever to approach that perfect form. It's important for us to remember in our own journey to self improvement that one never arrives. That the sage, the perfect Stoic, who behaves perfectly in every situation, is an ideal and not an end. I'll actually give you a story about Epictetus in this very regard. Epictetus is in his house One night he hears a noise. He walks down the hallway and he sees someone has broken into his house and stealing one of his lamps that he had burning in a shrine in his house to the Roman gods. And at first he's mad, at first he's upset. And then he says, you know what? No, actually the problem is me. Why did I have such an expensive thing that I was worried someone would steal? And he says, tomorrow I'm going to go and get an earthenware lamp. Basically, he says, I was in the wrong. I wasn't practicing the philosophy that I preached, the idea of practicing detachment, the idea of not being materialistic. And now I need to make an improvement. And that's what he went and did. And I think there's a bunch of things to take out of that story. We don't need to get into them. But I like the idea of Epictetus telling this story, which is how we hear about it, that he knew he himself was not perfect, and that he knew that he himself had improvements and changes that he needed to make. I think this is another important way to read Meditations, right? There's a reason that different passages hit differently, and sometimes they feel like they contradict each other. There's a reason that even at the end, right, the passages have Marcus Aurelius sort of near death, we think, show an evolution of a person because he's evolving and changing. But there's also, in those pages, some frustration with himself that he's not there yet. He says, you've been studying this your whole life. You're an old man and you're not getting any better. So I guess I tell you all that to get you to understand that it's a journey, that none of us are perfect. We don't just get it, but it's something we work at. And I'm having this unique experience, right? I wrote the daily stoic in 2015. It came out in 2016. That was like my 10 year point in my study of stoicism. So I've been at it for 10 years, and I'm rereading it to do these weekly episodes. And you know what I see? I see sometimes that I disagree with stuff that I wrote in the book. I see ways that I would change it. I see things that I don't like. I see things that I wish I'd put in the book, different quotes that I wish I'd put in the book. Because I'm evolving as a writer, I'm evolving as a human being, and I'm evolving as a student of stoicism, which we all should be. So it's important that we understand that stoicism is a journey, not a destination, and that we're never gonna be perfect, we're never really gonna get there. But one of the things that Epictetus says, right, he says, show, you know, basically joking that you. You'll never be able to show him such a stoic. But he does say else, just because we despair of perfecting something doesn't mean we give up trying, right? That we're still trying to do it, we're trying to get closer to it. And just because we know we can't be perfect doesn't mean we can't be better. So that's the lesson in today's entry. And just to illustrate the idea, all the things that I just told you, those stories that I just told you, those are what I wish I'd put in the original book. But I didn't because I didn't fully know them or I didn't understand them, or hadn't made the connection yet. So one of the things I'm trying to get better at as a writer is taking a little bit more time understanding that the more time I give myself, the better the finished product will be. And anyways, I feel like I'm getting better. I feel like my understanding of stoicism has gotten better over the years, and I hope the same is true for you. Thanks everyone for listening and I will talk to you again very soon. Foreign.
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Podcast: The Daily Stoic
Host: Ryan Holiday
Episode Title: This is What Money Is Jealous Of | The Stoic Is A Work In Progress
Release Date: May 18, 2026
In this dual-themed episode, Ryan Holiday explores two major Stoic concepts: the nature of true wealth ("what money is jealous of") and the reality that practicing Stoicism is a continual journey rather than a final destination ("the Stoic is a work in progress"). Drawing on examples from Marcus Aurelius and Seneca, as well as anecdotes from Epictetus, Holiday reflects on time, freedom, happiness, and the importance of ongoing self-improvement.
"People with freedom, people with time, people who are happy." (00:40, Ryan Holiday)
"And not every sum of money is worth the price." (01:31, Ryan Holiday)
"Show me someone sick and happy, in danger and happy, dying and happy, exiled and happy, disgraced and happy. Show me, by God, how much I'd like to see a Stoic. But since you can't show me someone so perfectly formed, at least show me someone actively forming themselves, so inclined in this way." (05:19, Epictetus as quoted by Ryan Holiday)
"Why did I have such an expensive thing that I was worried someone would steal?...I wasn't practicing the philosophy that I preached." (06:52, Ryan Holiday)
"You've been studying this your whole life. You're an old man and you're not getting any better." (Paraphrase of Marcus Aurelius’ Meditations, 07:56)
"I see sometimes that I disagree with stuff that I wrote in the book. I see ways that I would change it. I see things that I don't like…Because I'm evolving as a writer, I'm evolving as a human being, and I'm evolving as a student of stoicism, which we all should be." (08:34, Ryan Holiday)
On the wealth of ordinary life:
"You do not need to strike it rich…You were born rich."
— Ryan Holiday (01:24)
On the pursuit of Stoic perfection:
"Show me someone actively forming themselves, so inclined in this way."
— Epictetus (05:19, as quoted by Ryan Holiday)
On letting go of perfectionism:
"Just because we despair of perfecting something, doesn't mean we give up trying...just because we know we can't be perfect doesn't mean we can't be better."
— Ryan Holiday (09:55)
On personal growth:
"I'm evolving as a writer, I'm evolving as a human being, and I'm evolving as a student of stoicism, which we all should be."
— Ryan Holiday (08:46)
In this episode, Ryan Holiday illustrates timeless Stoic wisdom: that time, freedom, and happiness are treasures surpassing material wealth, and that both ancient sages and modern students of Stoicism are, and always will be, works in progress. The journey, not perfection, is the heart of the practice.