Who Are The One Percenters – Myths About The One Percent

Who Are The One Percenters – Myths About The One Percent
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Video Transcript

welcome to intrinsic motivation from a homies perspective podcast where we meet experts from all walks of life to learn their intrinsic motivations so that they can share it with the world what do we have in store today stay tuned to find out more you okay well good morning good evening good afternoon everybody out there in podcast Lam you are in tuned to another episode of intrinsic motivation from a homies perspective this is Hamza and I am David and Bey we today we have a great guest I’m really excited about interviewing this author we are going to talk about the myths of 1% which I’m sure many people have any plenty of questions that we’ll cover in this hour but also this award-winning author lives in Uruguay and we are going to spend some time to talk about expat life as well do they go together can only one percenters be expats yes or no I think we’ll find out in this podcast without further ado I’d like to welcome Ivan Boesky to the Oblonsky 2 little podcast welcome Ivan hey thank you very much glad to be here yeah sure we got you to laugh in the first minute so that’s a good sign is always good so I think the first direction we’re going to talk about is the myths of the 1% and then we can get into the expat we may have to have you back on a have a separate conversation about expat life but if you could talk a little bit about your background and how what was the impetus for writing the book for I of the moon okay my background Iowa grew up and I was born in New York and my parents were very well-off we had I mean the one reason I knew that we were probably better off than most people was because I had a I was driven to school by a chauffeur and none of the other kids were so that was one thing that definitely set it apart we I met a lot of people they were socially prominent I mean we had Butler’s maids and things like that and I grew up in that in that world my parents divorced and my father had a very large house up in Rhinebeck New York and my you know he would the only time we would see him would be at lunches at the st. Regis hotel so he would take us out and of course what do you do with an 8 9 10 11 12 year old kid you know you’re having lunch so you got to talk about something so he would tell us stories and one of the most intriguing was about my grandmother Alice asked her and she was a daughter of John Jacob sister to Vincent Astor and she died reading the Egyptian Book of the Dead and that was that was quite something what’s like what and yeah he could be elaborated on that to a degree but it turns out that she was very much into Egyptology she was a good friend of Aldous Huxley and she had a whole spiritualist thing going on and I thought that was very intriguing we had a nanny that went up to Rhinebeck with us and then of course she refused to ever go back because she apparently miss she ran into my grandmother wandering around the house of course she was dead so that really sort of sent her over the edge and she refused to ever go back now we as kids we were lived a relatively sheltered life off the you know we were seen and not necessarily heard so to speak but um we did catch rumors on this and of course being kids we would always try and figure out well what really was going on and over the years we you know we pieced together that yeah that my grandmother wanted to let my father know that you know she would return from the dead and did so on occasion and that was absolutely fascinating I tried to see a ghost so I figured man this is just my opportunity no such luck I never saw it I mean I really tried but it just did not happen so we that’s how we grew up let’s put it this way I do have one of the one of my I guess interesting elements as I did manage to pee on JFK which was I was 2 years old but you know hey that was something and then I did manage to see a flicker at the White House when Jen and I was just freaking out because I was not sure whether he remembered that incident or not but he was very generous and said uh you know it does say I just dead were even crossed anybody’s you know radar so that was a very cool thing so that was sort of how I grew up I mean it was prep schools and then you know eventually of course you always have the rebellious kid so you know I I left the family and you know so I could say that I know an awful lot about the one percent without necessarily being really part of it I hope that answers the question no it does it gives us a lot or give me a lot of insight I guess to be topical the first question I would have to ask is what’s the difference between old money and new money and I purchased that by saying topically that Jeff Bezos is in the middle of a divorce right now his wife’s about to be one of the richest people on the planet and they didn’t sign a prenup so they would they be considered new money and what’s their difference between old money and new money I think the main difference that I can see and I thought about this quite a bit because it is a really good question I don’t think it’s a really a question of you know how much money you make it’s more a question of the 1% are interested I think in a legacy and what I mean by that is that they want to give something you know they want to be remembered I mean we all have I guess dreams of some sort of immortality and I suppose when you have an awful lot one of the things that really is important is you know how are you going to remembered by history how are you going to be remembered but you know in the future in one of the ways you do that is you build foundations you set up gift-giving you do such a thing so that you have a legacy that is passed on onto the generations and to that to agree I suppose you know you are immortal I mean the ancient Egyptians tried that if somebody failed to speak your name or the last time anybody you know spoke your name was the time you really died I mean you died twice once when your body died in the second one is when your name was forgotten so that is a data I think is a big element of what the 1% is I mean you have also definitions I mean we are you know 1% meaning you know if you make over four hundred thousand or seven hundred thousand or something like that depending upon which survey you look at and and I don’t think that qualifies as a one percenter a one percenter usually has accumulated or fairly large and hefty sum probably north of ten million dollars you know in at least and I would say closer to fifty and it’s when you’re in that sort of range well you know life is good you don’t have particularly worries you just have to worry about not losing the whole damn thing that’s pretty much it sure it makes me also think of Warren Buffett and Bill Gates and some others notable people that are not giving their children access to that huge transfer of wealth they’re getting a percentage of that because they want them to kind of grow on their own type of deal is that mindset as well I think so I mean when we grew up I mean we were the most penny pinched of anybody I mean all my friends had more money than I did allowances tell me we were cut to the boat it was just one of those things you did not have a lot of pocket money and I think that was an attitude that was fostered that you because it takes great mounts of risk to make a lot of money I mean you really gotta lay it on the line and often more than once but once you make it I mean the really big money has to and the really smart people they have to change they can no longer you cannot take the risks that you took when you were at the beginning right now you then have to go to the entire other side of the coin which is wealth preservation and the only rate of really successfully operate a business is to cut expenses to the bone and so you have to be able to expend a great deal of money on in order to make it and then you got to be able to reverse that and just you know chop it off at the knees and usually what happens is families who are not inculcated in that idea of how to use money well I figure what the hey you know go buy a Mercedes you know Bentley’s are cool you know oh they go well you know you turn around and next thing you know that family fortune is down the toilet and it’s gone within three generations so when you think of the real 1% you’re talking about people that are taking an extraordinarily long-term view and want a legacy that is continued and oftentimes they had very altruistic motivations maybe not initially I think really being serious capitalists but at some point you know you go you know I’m getting older here and you know what’s gonna happen to me and and where is this whole thing going to and you got asked those questions and I think those that build the big legacies thought that part through and said you know we’ll we’re gonna do something about that and so you have you know hospitals museums I know that our family did an awful lot with many museums in New York City and to you know to foster them and to keep them there and I think that’s an important legacy and a very good thing to do actually one thing the other other thing I think about is the reason passing of George Bush Senior and I would put them in the 1% and one thing that they would highlight is that they were very frugal you never saw them displaying huge amounts of wealth and so you’re saying it has to be a family thing what happens is you may I want to get your take because you said you were more the rebellious kid and there’s always a rebellious kid but overall the family has to be on the page or how do you ensure that legacy stays intact well I think one of the things you got to choose those people that you you know I guess intend to bequeath it to there’s a couple of ways that’s usually done secondly you can create various trusts everything looks like that which then takes the the legacy out of the hands of the kids and puts it in the hands of a bank or something to that effect and there are various ways to do that but they get some sort of funding to keep them going at that type of thing and unless you get somebody who’s you know a very you know who’s got that same sort of vibe going the Rockefellers did that really really well you know the Rockefeller fortune was continuously passed down one on to the other and you know what happened to the other fellows well you know they got stipends opened wide you know they shut up you know they’re up there and they can spend all they want but there are limits and and and and that works just as well I think you know the bushes definitely they have a legacy and when you have a legacy you want to be remembered in a good way that’s how you do it or the other side of that coin is with the butchers being frugal the Trump family has not seen that’s horrible they’re very fleshy if you will and so but they would to be considered if you talk about legacy with Donald’s father and his grandfather they had access to wealth with what’s their take on I think they’re two different sides of the coin with the bushes and the Trump’s I think so true I mean I think you’ll have to wait for another generation to really get a view on that I mean I remember I mean I don’t I was at a mirror Largo their you know their place down in Palm Beach I remember when you know meeting Margaret Merriweather Post there well this was before and you know they she passed her fortune on to her daughter Dina Merrill and Dina is still now if she’s a really sharp cookie I mean that that woman what is really quite clever and has been able to manage things and as I said it goes you know generation to generation but um you know the Trump’s have about you know we have to go and watch them for about another maybe another generation at least before you really see it and then but obviously I think Trump wants a legacy I mean who doesn’t and I think that’s you know what that will be is is anybody’s guess I mean he is very interesting because he’s becoming a president during what I don’t know I guess is called the fourth turning part I don’t know if you’re familiar with that about every 80 years which is four generations of 20 years each usually you get a major shift in you know the political climate and we’re running into it at the moment and one of the last times this happened was you know Lincoln believe it or not was a fourth turning president he was one of the most hated presidents in the world fact they even killed him so and so that’s how but she was disliked so you know again you have to sort of weigh that against the whole historical thing but we’ll we’ll see what happens um I’d be I’m interested I mean I’m definitely you know interested to see how that all shakes out yeah well I mean just sorry David I just kind of jumped in there and then he’s probably chomping at the bit oh no I just wanted to say there’s just more of a curious curiosity when you mentioned that you kind of became aware that your life was a little bit different than others around you when you were you know being brought to school and with a chauffeur I was just curious how did you how didn’t you you know going how did your classmates treat you with will you like teased about stuff like that or all right not really most of them were pretty wealthy in their own right I mean I went to school with you know Alfred Vanderbilt Charles Scribner or Harry Steinway well I mean it was quite a list but I there were people that really did not like the fact that I went to school and you know I remember one kid in particular taking a big swing at me and you know saying WOW take that you know now what are you gonna do you and all your money where’s your chauffeur now you know is he you know what punches me in the face and now of course you know I’m sitting there going oh my gosh what am I gonna do with this you mean my legacy of course was a military family stretching way back into Russian history so you know my college you know you shouldn’t be taking this lying down dude you gotta do something about this so I thought about it quite a while until fine I said well there’s only one thing to do and that’s just attack so I did manage to find the kid and you know I did attack and that was I felt better about it but I realized that I really needed a little bit of work on self I took up boxing and various things like that and and I tend to smooth that out but it only happened once most of the time nobody really cared and and that was a good thing and also I was not necessarily one to really you know you know be a you know just to flaunt it all the time that I I don’t think that really wasn’t my way of doing things oh yeah I was thinking that there’s there’s this unspoken rule like we can afford to have has a chauffeur to bring up the school as well yet we don’t and you did oh yes yeah well that was also because you know you had my whole family to deal with them we had like there were so many half sisters stepsisters brothers you know real family it was it was a real circus and getting everybody to school in the morning and my mom was not about to sit there and deal with that without some help and so oh forget about it it’s going to happen but you know what on you know we’re going to pay somebody to do it worked absolutely I do want to go back for a second because you’re talking for turning president and you had said the last time was was Abraham Lincoln and what’s interesting about the go-ahead I’m sorry I was thinking when you’re talking Abraham Lincoln you know we think of when we think of assassinations we think of Abraham Lincoln we think of John F Kennedy we may even think of attempted assassinations with Reagan but with a simple Wikipedia search you see that these attempts were quite often to two presidents throughout time they’re just not highly publicized so it’s just interesting when you’re talking about the major shift in a political climate that is correct and you know it seems so we every 80 years or so we get into these major shifts and you know we’re I mean in the tenth of Lincoln it was redefining the government I mean one of the problems with the civil war was it was proof positive that the Constitution in fact didn’t work and that was I mean not a lot of people say these things particularly the Constitution would know it’s but it the fact of the matter is look when you know you have you know hundreds of thousands of people you know taking up arms and killing each other and you think that you know and and what was the reason for this well you know again the way the government was set up I mean plus of course the economic and social situation at the time but one would expect at a Constitution that it was you know would be able to to at least handle it in such a way so that it didn’t require you know an all-out Civil War well that did happen in the United States and so what needed to be done was how do you redirect the country after such an event and strangely enough I think it was one of those things that sort of evolved that didn’t where somebody said oh yeah here’s what we’re going to do this is plan you know be 39 no what happened was they he did the Gettysburg Address and he referenced again the you know Declaration of Independence by saying this is going to be a government for the people by the people and this was a unique idea where he immediately switched from sort of like the Roman view of government which was what the United States was based on initially to the more Grecian view which was more democratic I mean there are no democracies on the planet people call them democracies but they’re actually just representative forms of government not strictly democracies but in this end but by the people for the people was an extraordinary concept that is lasted and is now being reappraised as of now because it was found out that the government for the people by the people cannot afford for the people by the people and that’s part of the issue that’s you know sort of it’s coming to the surface and and as I said before it was very unclear of how the country was going to heal itself after the civil war and I think at this point it is just as unclear of how the United States is going to heal itself internally and this is still to be played out and as I said it’s going to be very interesting to watch absolutely because when you were talking about the founding fathers there were remember in school we were reminded of Adam Smith The Wealth of Nations and the premise was we can’t everyone can’t have equal access I mean no one would be I mean who would clean up or who would do you know I’m being very flippant right now but it was pretty much two different societies the way it was set up and so on one hand you have people believing for the people by the people but as you eloquently highlight it it’s never been set up that way exactly and it does have a problem I mean the problem is simply interest rates I mean if you just have a 2% differential I mean over 20 30 year time period you know pop it to 40 years and you have an automatic disparity of wealth that is huge that it’s almost in mountable yes the other part of that that I want to ask you with the political climate and being a one percenter you know there is a school of thought that in the current climate we have a government shutdown that’s talking about the law but that’s really just on the surface with what is really happening behind the scenes do you have a take on that I think you know it’s interesting again I don’t have a lot of familiar I always get the idea that there is a great deal of information that we don’t necessarily have access to and just from you know when I was with my family and stuff like that you got to be privy to sort of there’s things going on and then there are things going on and then there is what’s really going on and you know we are way you know off the beaten track on that I mean one of the interesting things is having to do with you know everybody’s incensed about the data that’s you know being given out here there and everywhere and and that’s where a lot of focus has been but what people don’t understand it was never the data that was so important what it was important was the connections because it was really interesting actually started the casinos in Las Vegas where they were trying to you know to get the Coward counters you know how do you find these card counters well one particular security firm came up with some brilliant ideas of actually interlacing a whole bunch of data sources and what they did was they began to map the connections of many of the people that were arriving in Vegas and then they found out that there were some key connections and that you could pretty much know your card counters by who they connected to and it was that connection which was so important and then when Facebook came out of course you know I think this was the intelligence coup of the century actually was probably the can tell agent school the last thousand years was Facebook because you automatically right before your very eyes had the most important piece of information you could get and that is who was talking to who you don’t need to know necessarily what they’re talking about you need to know who they’re talking to when you know that you can do a great deal of things but of course you know as I said there’s always wheels within wheels and right now everybody’s saying well it’s the data and everybody has data on you and then you go oh and but you know in some ways it’s I mean it’s how I guess I sound like a conspirators but it’s like you’re looking in the wrong direction people that’s not what’s really important it’s the connections and it’s anyway those are my views on that so I suppose yeah and then I think also in the 1% and a bit just to tie that in one of the great things about the one-percenters is they know everybody mm-hmm you know and you cannot you know undervalue that fact when you know somebody boy it makes a difference I mean you know again going on to the expat thing it really does make a difference if you know somebody who’s a mover and shaker it’s amazing how much can get done how quickly and if you don’t it’s amazing how long you out to stand in the line yes yeah that makes this the sane it’s not what you know it’s who you know well I think that’s still true and I and it is and you know how do you get access to that people I mean it’sit’s nowadays it’s even more difficult because yeah it’s the email and stuff like that but you know there’s all sorts of ways to you know to buffer so that you know people do not have access but you know once you know oh yeah it’s an old family friend oh yeah sure I know I know your dad next thing you know sure come on by we’ll talk yeah yeah it was interesting that you talked about the connections because with what Facebook it’s not highly known that before they started they they sought the expertise of what was happening in Vegas and of not so much for the connections but what was it that made people continue to gamble and so with the likes and the shares and the internal sense that’s has the status of the satisfaction that you got from the likes and the in the shares it kept people on their platform but they their underlying premise of getting that information was dealing with the Titans at Vegas which which you were say what you’re saying to tie it in is it probably was just the connections like hey if you want to grow your business and grow this way I talked to my guy here in Vegas and he’ll kind of get you sorted out well yeah there was a hole I didn’t I think I did a series of articles on that I forget where I put it but it’s in one of them I wrote about a hundred articles but yeah that whole Vegas connection you know was you know I sort of elaborated on quite quite a bit and you know on how that went and then you know it’s it’s a it’s a fascinating area and then also how you apply you know mathematics and gambling not to you know outcomes in terms of you know having to do with you know who’s going to be you know what is gonna be outcome of a of a probabilistic event whether it’s I mean again a lot of this was used on I don’t know if you recall but there was a we lost a couple of atom bombs off the coast of Spain Wow back in the sixties um wasn’t totally advertised but it did happen and it did hit the news but the problem was nobody could figure out where the damn things were so what occurred was this particular captain it was a statistician you know they they went through all the models and they said well we should be digging out here and they they went and they they looked at those areas nothing nothing nothing so finally the God said you know well this is getting a little ridiculous here so I have one idea which was nobody seems to have any vested interest in you know what the outcome is it’s all like the mathematics of it and you can play with the math you want then it’s fun but he said okay let’s play for less pay for booze so he came up with the fact well let’s count some I got some really good scotch here all right you know whoever gets closest you know hey you know you get the booze and all of a sudden every dolled a little traditional statistical team they said okay let’s rethink it we’re playing for money and so they eventually found them and and that was why it was quite a ways difference because nobody was quiet everybody you know I said there’s well this is the way it’s supposed to be done you know and then there’s the way okay well you know in the real world that works slightly different and you know if I had to put my money on I’d go with this way and they went with the latter way and that was a that was a whole interesting thing that came out of that in terms of crowdsourcing you know information and how you can hone in on you know key elements whether in the areas of search and rescue or even in the sense of you know what is the next best thing the same captain eventually got you know up the ladder and wanted to use this to come up with a believe it or not a it’s almost like a terrorist market whereby people would take contracts to find out you know you would buy a contract on what would be the next you know big thing that would happen in an effort to do to source that and now of course that went way underground really fast we don’t know where that is now it’s still running around I’m pretty sure but I just don’t know where anyway there you go yeah I think that that’s the the you know the fun good and bad of you know the midst of the 1% right because just listening to you there it reminds me of college like if somebody grew up in a small town and then they go away to college and in their small town you know it’s very myopic and they ran it around the same table but when they went to college they met so many different people different walks of life so they learned so much more and so when I would liken it to people that are not 1% and they’re kind of point finger-like they’re taking control of everything because they don’t have access to the inside so it’s this really interesting listening to your perspective I think that’s really true I mean the one reason to go to Stanford is I mean true it’s a great school and you could learn some serious stuff in there but you know if you were a real mathematician dude you’d probably head to MIT as opposed to Stanford but the reason to go to Stanford is because of the connections because of the people that are there and the people that you will meet and also now it has a reputation you know Google founders were there you know there’s a lot of people went through Stanford and all of a sudden it becomes one of the place of to know who you know and I must admit you know for myself I was never a real big you know you know person that went out and and spoke to people um one of the things I think my grandfather did I mean he was a you know he was born in st. Petersburg you know part of the definite one percent there and you know then of course that all blew up and then he you know went to you went to London married Alice and till which also another 1% but you know he he never burned any of his bridges I mean the guy was an extraordinary example of doing that me on the other hand I mean I’ve burned them as a drop of the Hat but there you go you know that you meet when you’re talking about Stanford I do want to stay there for two seconds if you don’t mind because we’re talking a little bit I’m just trying to connect some of the dots that you’re covering because you’re covering some really huge things that I think our audience one will gravitate to so and I think it was 2007 and in 2007 Stanford had done a study and they were talking about connections in the human human proclivity to stay around people that they know and so in that study at the time myspace was really huge if I were in high school and I was a jock then my jock and cheerleader buddies were still on Facebook and if I was like a druggie or in the music industry artist type French person I was on MySpace and then in the same study sit and this is a you can look it up and tell us that no I believe you it’s just but it’s so right you know what yeah they’re like it’s as a matter of War online or not people are going to gravitate to and so they did the art they did the military – and they were like if I’m an officer I want my wife and family you are all on Facebook but if I’m a private or under guy underling then I’m on my face and so the other thing that really happened was on MySpace you were like yeah but you know Felicity’s music so I’m a I’m a rapper or something like that right but on Facebook you saw that oh I’m a rapper but I also listened to like Chopin and stuff like that so it showed your range in facebook was easier to make those connections whereas MySpace you could not yes absolutely I think that’s true and you know it is what you your connections are so important mm-hmm in the the other part when you mentioned something I was really huge Malcolm Gladwell I don’t know if you follow him that all either no absolutely oh yeah I’ve read all this stuff awesome awesome so do you listen to a podcast I don’t I read more than I listened about sucks okay but I know we’re on a podcast I’m glad you made it about you know my my I guess niece-in-law is you know she’s a big podcaster and you know she’s got one of the top-rated shows and you know have I listened to it no but I have to you know it’s one of those things it’s a going thing we I mean with my book you know trying to get saying Wow maybe you should get that out on audio you know I mean it’s all the other things anyway can – yeah well I will say just for my selfish my selfish take is I am always on the road and so I love listening to audio so audio books podcasts what-have-you I could just get more done that way just from a Productivity standpoint so you’re missing out on a whole growing audience that would miss out on your book if you don’t have it in that format yes and I think you’re right although we’ve we’ve tried to we actually were just about to do it but then you know something went over with the boast with the voice-over artist I’m actually quite familiar with that whole thing we do voiceovers my wife does voiceover as you know for we do Toshiba training and things like that and so you know we had a whole studio you know in Glendale that exact but it’s like and I agree I think it is it is definitely a way to do it I’m really glad that I’ve always I was released for the last you know 10 12 20 years I’ve worked it out so I work out of my home so I don’t have to commute so I tend to not have to you know have that you know pop it onto a podcast and then you know drive for 40 minutes and I think that but I I agree I think that it is a tremendous it’s a lost income area one that actually I have to explore at some point it’s just it’s fraught with peril let me tell you so the last thing about a podcast is with Malcolm Gladwell he has revisionist history and he was talking about kissing the ring and he was talking about like you’re saying connections and Adella it means like Stanford has the largest endowment on the planet and they don’t need it but as you were saying it’s kind of like you got to kiss the ring with those connections to keep those endowments going whereas yours little state school is you know they’re not faring as well that’s exactly right and then you know all of a sudden you know somebody sits there and goes you know well you know who wants to invest you dwell Hill University and he owned it sit up and take notice what do you mean Stanford wants to buy that but you know it’s also true that you know they they have a huge legacies and you know when you have you know I mean we have close to a billion dollars being able to sit there and you can you can definitely move things luckily well we don’t know that they haven’t necessarily gone into the political thing you know again I think that’s going to be another interesting sort of that happens in the future is you know will those or public organizations whether it’s California teachers or you know again Stanford or many of the other endowments whether they’re going to start swinging according to the political wind and then that’s a whole other concept always you know just add fuel to the fire absolutely absolutely I do want to to segue a little bit but before I want to talk a little bit about Uruguay cuz I was just looking at the time I’m like oh my goodness we can continue talking about the one-percent forever but we only have a limited amount of time I wanted to know if you’re familiar with the red pill folks the red pill folks no I’m not tell me okay so with the red pill it’s usually men and what they’re doing is because this is related to legacy so they are men that are all walks of life but in many cases they’re like 30 40 50 60 and they you know I go to school go to college get a good job get married get divorced lose everything and living back in my one-bedroom like I did in college and now I’m not going to have children anymore or the court system the family law system is against men and now because of that they’re not going to get married they’re not going to have children and there’s a small concern of maybe this is the beginning of the end because there’s no incentive to get married anymore than bus pass along a legacy interesting I think there is something to that but I think that’s also a part of a much more wider based issue that has to do with crowding and what we’re seeing particularly in Japan in terms of birth rates it was funny because I did a series of articles on this in terms of how what happens when you have again the density of population grows to a certain degree and it was often thought that you know it’s the individual that creates the crowd well according to complexity theory an organization has particularly a complex structure that’s been built from individual elements has a downward causation on those elements themselves much like you take a green a regular old grasshopper and you put him together with a whole bunch of his cronies and they start rubbing against each other and they turn into locusts so it is in a sense it’s the the crowd you know creates individual just as much as the individual creates the crowd and we know that there are squirrels in the boreal forests and Canada who when you know they’re hungry they don’t reproduce and that’s how they you know prevent themselves from going on there was a whole bunch of studies that were done particularly regarding rats and free feeding them and then you came up with something i it was a canadian who did this the name escapes me right off the head off the top of my head but up there was a type of mouse that was produced during this thing called the beautiful ones and the beautiful ones were all they did was sit in a corner and groom themselves and look pretty they were really cuddly and really nice they didn’t procreate and they were actually stupider more about but anyway we and that was a result of and what was really interesting was that when you free fed all these these men these my friend and they had them living around rats and they were running about their populations exploded leveled off and then crashed precipitously and that’s a really interesting question I mean obviously people aren’t rats and the human you know has a tremendous cooperation competent genetically which i think is really maybe decisive on how it is that we are able to you know to work you know together you know much better in some ways and say rats would or or maybe other creatures because we have that cooperative gene and I think that’s one of the key elements that you know actually gives me a inspite of all the things that are happening on the planet a somewhat more positive view of our future because men and women are designed to work things out that’s what we’re supposed to do and it’s actually a genetic element so with that in mind you know I think we have a chance but I do think that we’re going to we’re seeing a precipitous drop in birth rates because remember the the birth rate has to be there’s a number I think I forget what the number is even called at this point but it’s got to be about two point one because frankly there’s a little more males you know being born than females but when you take that into account you actually must be over the reproductive rate has to be over about two point one in order to sustain a population well except for various countries in Africa almost every one of the European or developed nations are below two and actually you know maybe even as low as one point six so what that means and actually that may be the reason behind that whole immigration thing in Europe which was I think one of these brilliant ideas of well how we fixed the fact that our population is aging is we just get a whole bunch of people that are 30 years old can do the work for us mm-hm well that didn’t quite work the way it was planned but those are actual facts and you know whether somebody and you know in in Brussels actually sat down and thought that I don’t know but I have a funny feeling they did at least somebody that the research and said you know boys we’re in trouble we’ve got an aging population that’s going to require benefits and we got no workers to have to sit there and support it so what are we going to do yeah woody nobody came up with the bright spark on this one but uh but I think yeah I think your when we talk about birth rates and stuff I think we’re talking about a much larger situation and one which is just only now really beginning to get attention but actually has been going on now for about two three four years plus we have the whole virtual world which is going to be a whole other concept you know where you don’t to do you know I mean part of my rant I don’t worry the word it was funny I’m not at war at holiday season we were looking at past four years now every year there’s been incremental increases from Black Friday and Cyber Monday however they are always dwarfed by singles day and singles day is the largest day in China where because they had that population control where they could only have one kid they have an overabundance of men there and so but there is a imbalance between men and women so they have this big singles day where they just you know shop for themselves but in fact that they yet but the fact that they mushroomed Black Friday Cyber Monday we laugh I mean we’re like hey yeah Black Friday Cyber Monday I mean it’s so minuscule compared to China’s economic power right now I do you think that I do think that is some of the behind the scenes conversations when the the majority is focusing on the wall I think they’re also looking at you know trade deficits and such and how we can still become a huge economic power well here’s another concept just to throw into the mix because that’s just the type of mind I have when you talk about more male children than female children there is the whole T gondii thing you know again we don’t often think about parasites as being able to control much of anything but T gondii is the is the famous cat virus you know a lot of cat people where they got 75 cats chances are they’re infected with T gondii it just chances are but one of the things when they were looking at this particularly in India was that T gondii when it’s part of the system and it is a it’s like a protozoa and what it does is it um you know cats habit and the the cycle means it goes to two rats two mice and rats when they are infected they they get off on cat urine so of course they go looking for cats and then of course the cats eat them and then the cycle repeats right well when it comes into when it gets into the human cycle um it gets interesting because it’s cues birth rates particularly towards male not female and why this is we don’t know but it’s it’s one of the again one of the I’ve always been fascinated because parasitism is I mean it’s I figure it’s like eighty percent of most creatures on earth are parasites you know it’s like and then there’s a twenty percent right and the hook but um that is but there was a whole thing of how is it well whether or not that parasites can actually control the mind and you know on mind-control and we know that you know parasites can do this to certain ants and fish and stuff like that I mean literally they it supports their their life cycle and which is a really fascinating thing and it was once thought that the human brain actually and again it’s a theory that it’s not been really developed yet maybe one of the reasons why we have the brains we have and the is to prevent parasitic takeover and I mean again it sounds really weird like something out of you know the body’s masters or something like that but uh this these are real things and they do exist in nature and you know again we do have things happening on a much broader scale sometimes underneath the surface we think it’s all this you know well you know China say well you know it’s Engels day we just controlled the population or India says this one an actual effect you know when you really start looking at all the information the information shows a different picture that you may find that you know you do have T gondii you know in excess in India and you have a whole view on men and women there that is just strange and you go well was that the result of people thinking that way but then how do you know you’re thinking that way if you’re infected by a parasite you know what I yeah I mean it’s it’s it’s a weird concept but one which does have some legs actually yeah was I thinking that that is another rabbit hole which will you know we can go down but not today love rabbit holes and I tend to go down I’m so anyway there you go so let’s go to another rabbit hole so I want to give a shout out personal shout out to Tim Ferriss because if it weren’t for him in 2007-2008 when he wrote the 4-hour workweek he introduced this whole expat life and so 10 11 years later I know a ton of people via the internet you know we connect with people that way they’re living in all these places like Venezuela Mexico Spain Italy Rome one place that you don’t usually hear is Uruguay and I would I am really interested as to why if you kind of spun the globe and you just close your eyes and it ended up at Uruguay what was the thought process being winding up there I could think with that first of all just a shout out to Tim Ferriss one more time he’s a real big believer in mate’ and mate’ is your Bamonte it’s like the national drink of Uruguay oh that’s all ha ha ah but no here’s arm how this happened was we were look we were realizing that we were getting you know that whole you know frog thing in the boiling water yes well eventually even the frogs recognize that something is going on that’s not right and so we were looking at this and we were being squeezed a bit we were again profit margins um my wife I work for my wife she’s my boss she has a translation company and we were looking at you know just again the future and cost taxes and we started doing some of the mass and we were going yeah we’re living fine but we are getting you know all of a sudden you know you feel like you’re being pressed up against the ceiling sort of thing and we went you know this is not such a comfortable place to be when our family particularly her family is you know when came from Colombia so everybody’s into football soccer like in a big way and so when the World Cup came you know of course or AG wise and the semi-finals and we’re going whoa you know hey where’s that and how did that little country get to be so good you know that was an interesting thing and then it turns out oh yeah they even won the World Cup one year and you go how did that happen so we started to look at this and we had certain criteria where we were going to go we didn’t want to do Colombia because politically we could belt that that was a little bit too hot and yeah we love I love Colombia they tend to be a little you know there that’s a hot bunch of dudes there anything is wrong you know that’s that was one thing so we needed someplace that was either speaking English or Spanish we didn’t like snow we didn’t like earthquakes um we wanted someplace that was temperate that had four seasons and was sort of off the beaten track well you know when we started to Zone in on this um ergo I came up on the on the radar screen and then I said well you know well what’s the banking situation there and so we looked over that and we looked over there you know their economy their you know again did a bit of a case study to find out you know well how how cool is this place well we were really surprised enough to say okay well we should check it out so we went for ten days and we were blown away I mean I don’t know maybe it’s the fact that all the magnetic pole is up north and we’re down here the air everything it’s different I mean you feel remote it’s such an extraordinary sensation I mean it’s difficult we said you know we got to love this place and and just things worked out we found a place and we said wow this is a cool place and so we said okay well we came back and we sold the house you know for months yeah when I was in September oh wow September 2018 you got a day yeah whoa yeah man we just said okay you know there’s a window here and you know what that window is closing and you could sense it it was like you know it’s like a thing about where you you know you know white man come many horses when the little when the guy listens to the ground you know those yes the well just know that the cavalry that’s coming ain’t for you it’s not on your side it’s the the opposing squad that cavalry that’s coming and we said oh man you know there’s something happened in here and we have a very limited window and we need to crawl through it as fast as we can so we we ramped it and we just said we looked at all the numbers said you know we could actually do this this is extraordinary we could actually get off the treadmill we could work if we don’t want to we could work if we do now we’re going to work probably till the day I die but you know it’s like but at least it’s it’s our choice you know it’s a whole different concept on having to because you have to and doing something because you know I want to do this and and that’s how or ago I came into the it’s still expensive you know oh my gosh you know some of the real estate over here is this expensive as California but wow what an extraordinary people it is really chill act if it’s inverted in the sense that there’s a lot of heart here and a lot of and the outward appearance you know there’s graffiti there’s things crumbling you know you go my god welcome to the third world but you know you talk to the people and each one of them is unique and cool and you go whoa who did I just speak to then you go to the United States and everything’s beautiful I mean we went back and there we came in in the middle of the night on the 405 freeway laughing oh we’re going there’s nothing like eight lanes barely a car anywhere everything is beautiful and we going wow I had no idea that this country was so clean and where’s this substance and so that was the thing so we said it was really so that’s that’s that’s why we did it and we looked at it from many many I mean we tend to do that at least I do I look at it from multiple perspectives on how do oh I get it I get that rabbit hole down the rabbit hole for you that was a rabbit hole for me so we’re just fraught with rabbit holes down here absolutely well that it’s good it’s one of those myths of the 1% I remember you know hearing years ago from Ted Turner and Jane Fonda and others that you know what that cavalry made it may not be for us so we’re seeking sanctuary outside the US and so I do think that there is a movement happening that a lot of people aren’t talking about and you kind of shed light on it just a smidge yes I think and there is I do believe that is the case I mean we talk to a lot of our friends and what they couldn’t believe with the rapidity with which we do think I mean I don’t know you know it’s just that’s the way I am the Westway my wife is we once we decide on something I mean it’s you know you know it’s all through the wall we’re gonna do it and that’s what we did but um that it resonated with so many of our peers you know and that was that was interesting they were all when it turns out in their heart of hearts looking for either eating out of the urban environment or finding a bit of a way to you know to ease off the clock here a little bit and you know again the financial pressures are such that it becomes really really difficult and in just a segue all the way back to the 1% one of the things that really marks the 1% is they have enough wealth to sustain themselves in spite of like downturns and other you know transient sort of emergencies and and that’s really and that’s how you could probably view it in terms of making you know oh I make a million dollars or II make seven hundred and eighty thousand I’m part of the one percent not you know it’s just that’s it that’s not the way it is you have to have a chunk so that you can you know you can manage it and you know the live you can smooth out a lot of the road you know the bumps in the road so to speak and um anyway I mean not that you know we were monstrously wealthy down here we’re you know what I mean uh you know the business still continues that’s one of the great things about the internet man you can be anywhere absolutely you know it’s really greatest gifts and one of the greatest curses you know it’s one of those yeah it’s long the internet it’s I’m in the digital marketing space and so that is a school of thought with pay-per-click it’s like if you have the bigger budget you know you can kind of just wait out for smaller firms and once they blow their budget at like noon and you have the rest of the day to kind of just yeah get a king’s ransom be like to eat their lunch no I don’t yeah it is I mean I always look at the Amazon model you know and I said wow you know those guys are really interesting they got low prices but you know what do you bet they’re gonna blow out all the competition and then old jackal because remember it all depends on the margins you got it yeah baby that’s the way that’s gonna go you’re uncovering so much oh my goodness I don’t even know if we can post this I do want to ask you I’m gonna ask you at I’m sorry David I know I just totally just like ran over everything with Ivan did you have another question David I was gonna ask him what how big is Uruguay I mean like population wise it’s about 3.3 million there are 3.8 cattle for cows for every person that gives you and they don’t have a thing on grass-fed beef because everything is great but beep and yeah it’s about 3.3 million so it’s not big it’s Montevideo is you know most most of the population is on it is around Montevideo and then sort of eases out towards the when you go north towards Brazil it can get very sparse I mean obviously with Brazil getting sort of difficulties you have interesting sort of criminal elements moving into that area and that’s caused a bit of a concern yeah it’s that is the only thing on on that one but most of the population is on the coast the coast is really cool the river is so big you can’t see the other side it’s amazing oh you know size-wise would you say what actually container washing state of Washington yeah so it’s any believe it or not if you look on the map it looks a lot smaller than the state of west of Washington but that has to do with the projection of the map you’re looking at everything does those merket or projections and of course they give a an incorrect view of just how frickin big South America South America always looks well it’s the size of Africa you know or something well I assure you man when you’re you take six hours to get to Panama City and then you know clip on another nine to ten to get to Uruguay you know I you just don’t see that on the map yeah all right yeah so it is it is huge South America is gigantic that’s all I could say it is like whoa and it’s full of people and man I tell you the you know it’s just they’re wonderful I I’m you know we’re thrilled to be here one of our first podcast I then was talking about God winks and that there’s no coincidences ever and so over you know over the holidays had some down time and I was I was watching you know I watched a Rogen’s and these other folks and they were talking about the FBI files from the world war two were public domain now so you can access them and they were they created the shell and History Channel called finding Hitler and so they were saying you know in history traditional history and the states as you know he died during the war but in all of this this new data that had come out he had an escape route and other stuff and so they had like over three years following how the right how the Germans had escaped Germany and created these these new forts around South America like Brazil and and uh Uruguay and I’m sitting here and I’m like wow I would love to talk to somebody from Uruguay and we’re talking and talking to you today it was just it was this interesting of the history that we’re taught in the history that actually really exists and so it’ll be interesting that you just moved there I know well it is I mean most of that stuff was happening in Buenos Aires because remember when you go down south avoid it sighs – you know Patagonia I mean you have places that look just like Bavaria yeah I mean yeah I mean it’s freaking amazing so you know it is possible um they also had you know these wonderful you know 22 type and 23 type view boats which were they look just like modern submarines you know these were pretty intense so yeah somebody wanted to get away that could have happened whether it did or not I don’t know I think people spend an awful lot of money you know trying to find out you know whether or not it was really him and a lot of the information of whether or not he really died in the bunker you know the the Soviets because they took Berlin and yeah I think that’s you know probably I would imagine that probably is the case um you know but who knows it’s a you know if nothing would surprise me anymore yes I think we get to that age where you’re like nothing yet there’s only another one is keep following but anyway I do want to claim because we are at the top of the hour you do have a trailer when your sight talking about I the moon I like for you to talk a little bit about the eye the moon where people can find it your website so they could see your other blog post and all that good stuff sure the you can buy the book at Amazon and you can do a Kindle I mean $2.99 I mean mm-hmm it kind of unlimited it’s a freebie you can also get a hardback and a paperback either or they’re very cool you can do I can Amazon handles it we do like Amazon from the viewpoint of being a publisher you know KDP select you know boom you know it’s one stop one shop and it does work so you know you can buy that there my website Ivano polanski comm Iban OB o le n sk y comm that gets to the the book website the all the articles of which is about a hundred on you know everything from you know finance – you know biochemistry and that’s that’s a dynamic doing this but I think there’s a link on my website that actually takes you to the articles and that’s it and you know the book is doing great we got a lot of good reviews people really like it I’m writing a sequel just because my publisher my wife pounded on me and said you know we got to do stop what you’re writing right now go write the sequel you need to write like that there is it okay we’re binding sequel gotta move to realign blending right so that’s how it nice and I won’t say again this one itself as part of me and and others like me we highly anticipate the audible version of it Oh [Music] turn that knife a little yeah I know no you’re right and and I quite agree and one day you know you will probably be able to hear it on an honorable tradition and that was really that would make my day frankly it was supposed to happen you know before the end of the year but didn’t quite work out the way his plant no problem no problem well you have just been in tuned to another episode of intrinsic motivation from a homies perspective this is Hamza and I’m David it was a pleasurable hour spending with you Ivan let’s definitely stay in touch please do and yeah if you got any questions or whatever you know I can you know just say hey I need I’ve got a free hour here you know and I’ll be ready for you nice thanks for your time and thank you very much Cheers ciao you listen to intrinsic motivation from a homeys perspective on radio public it’s a free easy-to-use app that helps listeners like you find and support shows like ours when you listen to our show on radio public we receive direct financial support every time you hear in episode experience our show and radio public today by listening to the show link in our episode notes and thank you for listening you [Music]