August 7, 2025 • 19 mins
How do you ensure you have the best experience when training BJJ? How do you build your life around jiu jitsu, or rather put your jiu jitsu around your life? We all live very volatile lives. It's very important we have a PLAN. Do you have a strategy?
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:07):
A good martial artist does not become tense but ready
.
Essentially, at this point thefight is over, so you pretty
much flow with the goal.
Who is worthy to be trustedwith the secret to limitless
power?
Speaker 2 (00:27):
I'm ready.
Speaker 1 (00:32):
What is your investment strategy for BJJ?
The way you live your life canbe very volatile, and this can
be very similar to how youinvest and, as we know, the
stock market can go up and itcan also crash out, and so
really how you're living can bereflective or impact how you do
(00:53):
your jujitsu.
Oftentimes, joe, people aren'tmaking progress at jujitsu and
they don't know why.
They're like fuck, I've got tochange up my jujitsu.
Actually, not necessarily thecase.
People are living wild andloose, like many investors in
the stock market.
They put money in this, moneyin that meme, coin, that, and
(01:13):
then they're suffering atjujitsu.
And I wanted to actually unpackthis because people don't think
about their lives in this way.
Speaker 2 (01:22):
All the dudes that shorted GameStop are like
whatever, bro, you're a boringcunt.
I'm fucking cleaning up overhere on Dogecoin while you're
over here telling me I need tofucking invest in my 401k.
Speaker 1 (01:34):
Well, potentially potentially, but no, I want to
talk about this because therewould be many people out there
in the jiu-jitsu community whohave a philosophy, a take a
position on investment and whatthey do with their money.
Speaker 2 (01:48):
Well, yes, potentially yes.
I think probably first we needto explain how investing works
in very simple, because a lot ofpeople are like well, I threw
it all into crypto because Ithought that was the only game
in town.
Speaker 1 (02:01):
Yeah, but also, this is not investment advice.
Speaker 2 (02:03):
No, no, no.
But in terms of clarifying theanalogy, sure, Right, like, yeah
, you can invest your money indifferent ways, and there's all
these kind of more traditionalways that I've seen as pretty
boring.
And then online gambling andcryptocurrency came along, and
this appealed to a youngergeneration because they're like
fuck, yeah, this is sick, I'mgoing to overthrow the
government and I'm going to getrich, and it's going to be great
, and, you know, reform thebanking system, whatever, and uh
(02:25):
, well, you know, all of thepeople you knew that were
talking about cryptocurrency arenow no longer talking about it.
Well, not to say that it's nota thing, but it just it made a
lot of promises that weren'tnecessarily fulfilled.
Uh, but in any case, it's avolatile realm.
Speaker 1 (02:41):
It is and what I want to talk about investing in your
superannuation or your 401k.
Speaker 2 (02:45):
It's less volatile, but it's not sexy.
Yes, that's true.
Speaker 1 (02:49):
So which one are you?
What's the right way to go?
Because life itself can bevolatile, depending on how you
live it, and this can directlyimpact your jujitsu, I mean.
Speaker 2 (02:59):
I love the fucking volatility of my 20s.
Speaker 1 (03:01):
Oh yeah, it's great.
Oh yeah, a hundred percent, 100, I mean it's fun, right, yeah,
I'm fucking all in on it.
But I think what ismisunderstood here is that when
you have a more volatilelifestyle, you uh, you have less
bandwidth for volatility atjujitsu, correct?
So when jujitsu gets fuckinghectic and volatile, you might
be fucking, you know, you mightbe overreaching there, and then
(03:24):
that's where you can crash out.
And so this is what I want toget into, because I am somebody
who I'm not volatile, I'm a man.
I'm stocks and bonds.
I'm fucking, I am the mostboring dude ever, because that
gives me way more tolerance forvolatility at Jiu Jitsu, because
I minimize volatility in mylife, which I fully accept is
(03:46):
not the most interesting thingever.
My wife is constantly tellingme to have more fun.
She didn't realize that I enjoybeing boring, that this means I
can go fucking ham at jujitsuand still bounce back.
I can go super nuts in the gymif I feel like it, but because
I'm recovered if I feel like it,but it doesn't because I'm
recovered, because I'm not, youknow, overreaching in other
(04:13):
parts of my life, it's possible.
So I wanted to talk about or,you know, bring an analogy that
people could relate to, becausesometimes people don't realize
that what they're doing could bepotentially volatile.
Speaker 2 (04:21):
Yes, so what does a volatile lifestyle look like,
jay Tizzle?
Speaker 1 (04:26):
For example, someone might be having a fairly stable
life and then they go ooh,what's this crypto lifestyle
that you're talking about?
What is this downhill mountainbike racing you're talking about
?
I think I'll take up skating inmy 40s.
That'll be cool.
My friends all we used to skatewhen we were teenagers.
(04:49):
I'm getting into recreationalmeth.
Oh, imagine.
Speaker 2 (04:53):
The high is really good and it's cheaper than
alcohol.
Speaker 1 (04:55):
Hey look, I've been using that numeric health
service and if I set up adifferent account I can blast
twice as much TRT, imagine.
You know it's all discounted.
I'm using Craig's officialdiscount.
Speaker 2 (05:08):
Hey, I think I want to try being in a polygamous
relationship.
Speaker 1 (05:12):
Oh so.
Speaker 2 (05:13):
I've gone and got myself 16 different wives.
Speaker 1 (05:15):
Oh, imagine, because obviously one wife is easy
enough to keep happy.
Or hey, let's say you might behaving a new baby soon, because
you've forgotten how bad it wasthe first time around.
And you're like, oh, they're socute.
And you're like, yeah, let'sget another kid, maybe not.
So here's the thing Manyexamples of volatility.
(05:37):
What we cannot fully realize isthe impact that will have on
your life, which can be fuckingthe game up, which means your
jujitsu just falls apart.
And this is the thingOftentimes, when things are not
working at jujitsu, we blamejujitsu, we blame the coach, we
blame our training partners.
Oh, I got injured because thatguy.
But also, you didn't sleep allnight, or you know.
(06:00):
I think the classic example iswe all know somebody who never
stopped partying.
We know somebody who was goinghard in their early twenties.
You don't see him for a whileand then you see they've posted
a clip from Ibiza whatever Ibiza, and yeah, ibiza.
And then they're like, yeah,they're 36 and they might be
(06:22):
onto their third wife.
Speaker 2 (06:24):
Or you know an observation I've made about like
cats that go hard on thepartying scene when they're you
know whatever, like latethirties, forties kind of thing,
yeah Is, it's usually the onesthat didn't party when they were
younger.
Oh yeah, this is my observation.
Speaker 1 (06:38):
Like anyone.
Speaker 2 (06:39):
Most of the people I know who like whatever, like
towards the end of school,teenage years, early 20s, were
getting after it fucking goingout, drinking, doing drugs.
They usually get it out oftheir system, right, you know.
Some don't, of course, but, butmost do.
Uh, but the ones that were likefor whatever reason yeah, you
know we're focusing on playingsport, or you know we're really
(07:01):
academic or just notparticularly social.
They come around.
I remember some of my friendslike me.
They used to be like bro, haveyou tried ecstasy?
Yeah, bro, we did that like 15years ago.
Speaker 1 (07:13):
It was great.
Speaker 2 (07:14):
And now I don't, because it fucking fucked me up
too much, but they're like ohbro, it's fucking unbelievable.
It's just funny.
Because you pay such a greaterprice at an older age, it is
harder to recover, not to say itcan't be done.
Speaker 1 (07:27):
No, it can be done, but that's the thing.
The cost is kind of higher,right?
The interest rate is higher,yeah, and so this is a
conversation.
I was listening to investmentfolks talking about the leverage
of debt, but also the cost ofdebt, because sometimes the
interest rate is higher, sohaving debt it's expensive, and
(07:47):
then when the interest rate islower, you can do more with it.
It's a tool.
The problem is when people getin the habit of spending beyond
their means, sometimes withvolatility, the fucking interest
rate goes through the fuckingroof and you're paying a way
higher cost.
The floor falls out fromunderneath you, right?
Speaker 2 (08:05):
So when you've got that stable lifestyle.
This is basically describingthe Australian property market.
Please continue.
Speaker 1 (08:11):
Let's not go there.
But that's the thing, right,like if you are living a very
stable lifestyle, you think, oh,I can do an extra, I can do a
comp, I'm going to fucking, I'mgoing to go to Asian
championships, I'm going totrain up and go to.
Well, I'm going to worldmasters Heard, that's a good
time.
So you start doing comp classevery week and you start doing
(08:31):
weights and then you're likefuck, yeah, I'm, I'm fucking
enjoying this, this is great.
And then maybe they're askingyou to do some extra shifts at
work.
But you're like nah, but I'm,I've bought my tickets, I'm
still going to worlds.
So you just, you're running onfumes.
Now you're doing the extrashifts, you're doing the
training and you're like man, Ifeel sore all the time.
Fuck, my body hurts.
Nah, but I'm in it, I'mcommitted.
(08:56):
And then you fucking tear aligament in your ankle and
you're like, fuck, it's onlyfour weeks, first round, and
it's not necessarily the trip ofyour dreams, but you just chalk
it up to experience and now youhaven't fully addressed your
ankle.
Maybe you made it worse and,because of volatility in your
life, your experience ofjiu-jitsu has been diminished.
I mean, someone's got to losefirst round, bro don't make it
(09:20):
be you.
Speaker 2 (09:21):
Hey, someone's got to lose.
Speaker 1 (09:22):
No, Listen to you.
Speaker 2 (09:25):
Why not you?
Speaker 1 (09:25):
Why not you, hey?
The stock market crashing costsyou nothing.
Your money going to zero is notcosting you anything.
Speaker 2 (09:33):
Except for everything you invested.
I'm picking on your analogythere.
I'm picking up what you'reputting down.
Speaker 1 (09:41):
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Speaker 2 (10:22):
Yeah, that's right.
Like it's very hard to.
It's often hard to take a stepback and look at all the shit
that's going on in your life andbe like, oh, what are the
things here that are competingfor my energy or attention?
And if you're not careful,right, it's very easy for a lot
of things to be competing foryour attention.
Like if you're not good atcutting things away and like
(10:42):
setting boundaries and whatnot,and that level of volatility can
really fucking screw you up.
Speaker 1 (10:47):
Yeah, and life doesn't get less busy, generally
, like, unless you're likeretired.
But essentially, whereveryou're at, in whatever stage of
jiu-jitsu, the commitment tojiu-jitsu will grow.
Like you buy in, more, theskills are, more, the training's
more.
It's rare that you do jujitsufor a sustained period of time
and it gets less demanding.
(11:09):
Same thing with life.
You start a business and youyou know, careful, what you wish
for.
Obviously we would love for youto be successful in your
business, but then, fuck, I'vegot to get staff.
Oh shit, now I've got to manage.
Gotta manage staff.
Oh fuck.
Who's doing the invoicing?
Oh, my accountant quit andretired.
Oh fuck, I need a new account.
Like so many um, smallercontributing factors can come
(11:31):
together to make your life superunmanageable, which just means
jujitsu is not going to moveforward.
And and as simple as uh, thatmight sound, if you're trying to
get better at jujitsu, myargument or thesis here is how
can we limit the volatility inyour life so you have better
bandwidth for jujitsu and thevolatility that can occur there?
(11:56):
Because also jujitsu can be itsown source of volatility, which
can fuck up your life.
Speaker 2 (12:02):
You might have a very stable life and then you
fucking, you know you bulge adisc in your neck.
Especially if your coach is amad crypto bro.
Then you got double layervolatility, because not?
Only is he trying to break youon the mats.
He's trying to break your bankaccount too, or you got to get
in on this now yeah.
Yeah, that's right.
I mean jujitsu is the ultimatefucking volatility.
(12:25):
Yeah, risky investment rightlike this is.
This is where you haveconversations with some folks.
You're like you know what fam,what I'm hearing from you.
I don't think you should do it Ihad this conversation with it,
with a jujitsu friend uh of theshow, I won't name him but on
the weekend who was like beentrying to get back to jiu-jitsu.
He's got some injuries, gotfucking three kids under five.
(12:46):
Just you know, like living thelife.
And he's like, oh yeah, I've gotto do it, I've got to do it.
It's just so hard.
Injuries, no, but I've got todo it, I've got to do it, I'm
going to do it, I'm going to doDon't do it, don't do it, don't
do it right now.
Just, you know, it sounds likeyou're really busy and I just
don't think that's a great timeto be throwing yourself back in
the fire.
But on the flip, I was likemaybe the best thing is that you
(13:08):
just make that promise to theteam and you just come back.
But I'm like I don't think itis based on you know all of the
case studies I've been luckyenough to have witnessed and
advised upon.
I was like that time will come.
Your kids are not going to beall under five forever, no, but
yeah, so you've always got to bethinking like what's the other
shit that's going on?
And how much room do I havehere for fucking around?
(13:32):
You can't do it all, which isprobably good.
Crypto advice If you want tofuck around with crypto, do it
with some money you're happy tolet go of.
Don't do it with your fuckinglike the college fund that your
parents set up for you.
Or don't do it with theremortgaging your parents' house
.
Sure.
Speaker 1 (13:52):
I think the biggest challenge in all of this is that
we just don't know what thecost is.
Like we just can't foresee allthe crazy shit that can happen
in your life.
Like we just can't foresee allthe crazy shit that can happen
in your life and, as a result ofthat, giving yourself a margin
of safety is one of the bestthings you can do.
It doesn't matter if you'rerunning a business or it's your
health and fitness.
Like leaving one or two reps inthe tank and not maxing in the
(14:16):
gym can be the differencebetween you walking away getting
stronger and coming backanother day to you herniating a
disc and then being in chronicpain for months at a time.
And so when we're looking at allthese things and I'm not an
inherently conservative person,I'm a pro-risk kind of guy I'm
like swing for the fuckingfences, bet it all.
(14:37):
That is what I enjoy.
But if you actually look at howI live my life, I I have a very
low-key lifestyle, so that whenthe time comes to go all in on
something, I feel like it's safefor me to do that, or I have
the bandwidth to take a huge lor a crash out you're in the
best position to handle somevolatility yeah, yeah, you know,
(15:00):
and you, you don't want to bedriving full tilt with no brakes
.
You want to.
You want to be able to slowdown if necessary.
And if you're someone who has afamily, runs a business, or
even if you're just a um a, asingle young person doing your
thing, there can be a lotlearned from crashing out.
But then also the lesson isfuck, I never want to do that
(15:23):
again.
So I don't think you have tofail catastrophically to know
that's not a good idea.
You know we can learn thatlesson from our, from our, our
friends, and so, uh, people whoyou can learn lessons from,
people are doing great, and youcan learn lessons from people
who are completely fucking up.
And so, like the reason why Iwas drawing that analogy about
(15:44):
the person who's partying, youknow, in their late thirties,
forties, and they're just you'relike, yeah, for me, I just I
wonder, what are you chasing?
What is it that you feel youwill get from that?
Because I think after a periodof time, you realize, if you
haven't found the dance partneryou're looking for at 3 am, it's
(16:06):
probably time to just head tothe kebab shop, get your HSP,
your halal snack pack andfucking go home, like there's a
point at which being 5 am andthe last two people on the dance
floor is not where you want tobe.
Speaker 2 (16:21):
Yeah, a wise person told me, go ugly early and beat
the two o'clock rush oh my godwhat do you fuck that just you
bringing that up of like being 3am being like fuck.
Where's everyone gone?
It's like the shittest place tobe.
Speaker 1 (16:40):
It's not where you want to be, and really because
it will cost you.
It costs you the next day, theday after.
It's this carry on effect thatwhen you do things that are
highly volatile, this fucks upyour jujitsu.
So if you can look at your lifeand go, you know what that's
probably.
If you can look at your lifeand go, you know what that's
probably.
I probably shouldn't take upmarathon running if I'm doing
(17:04):
jujitsu.
You know, like kite surfingexpensive, maybe a little bit
fun, maybe potentially veryinjurious as well.
Speaker 2 (17:12):
What about wingsuit flying?
Speaker 1 (17:14):
Hey, I heard it's a good time, yeah, looks fun, why
not?
But I think it's because whenyou're new to something or
something, because it's easy toget bored and and the human
brain, like we, really cravenovelty.
Right, that's why there'salways these new fads and
fashions, because we want that,that new shit, what's exciting,
what's sexy.
And ultimately, if you wantsexy jujitsu, uh, I believe that
(17:39):
you've got to have a less sexylifestyle.
That's just my take on it.
Speaker 2 (17:42):
If you want something , treat yourself to the new dana
, her instructional, you know.
Treat yourself to a newbulletproof program why not?
Yeah, yourself to a bulletprooft-shirt perhaps.
Sure, you know a bit ofsensation, but I'd maybe do a
fucking bit of m on the weekend,you know get it out of your
system.
Speaker 1 (17:58):
Yeah, you just.
Hey, you just.
You feel you want to loosen upbit of cat, just eyeballs
rolling around as you do.
No, I um.
The reason why I say this is Ipeople often ask me like man,
how do I be in the gym as muchas you and how do I fucking stay
healthy like you?
And I'm like you probably don'twant to do what I do Like I'm
(18:19):
not.
I'm such an uninterestingperson outside of the things
that I am invested in that youwouldn't want to be me.
You know, I don't think it's inthe same way.
When we look at someone likeGordon Ryan and we look at his
performances, you don'tnecessarily want to do all the
shit that he has done in termsof the volume of training, the
(18:40):
fucking drugs, the, the pain andsuffering and the obsessiveness
to be so great.
You don't want that in yourlife.
Like it's.
It's a shit life to be able toachieve that thing and it's just
that we don't have a clear lens.
Wow, what that costs, right?
Speaker 2 (18:56):
Not fair.
It's not so enjoyable Shit life, but I'm saying it's but you
sacrifice something to havesomething else.
It's not fun.
Speaker 1 (19:02):
Yeah.
Speaker 2 (19:03):
There's always something to be Like
everything's a compromise.
Speaker 1 (19:06):
Yeah, definitely, and it's just like what are you
prepared to pay to get what youwant?
Boom, boom.
A good martial artist does not become tense but ready
.
Essentially, at this point thefight is over, so you pretty
much flow with the goal.
Who is worthy to be trustedwith the secret to limitless
power?
Speaker 2 (00:27):
I'm ready.
Speaker 1 (00:32):
What is your investment strategy for BJJ?
The way you live your life canbe very volatile, and this can
be very similar to how youinvest and, as we know, the
stock market can go up and itcan also crash out, and so
really how you're living can bereflective or impact how you do
(00:53):
your jujitsu.
Oftentimes, joe, people aren'tmaking progress at jujitsu and
they don't know why.
They're like fuck, I've got tochange up my jujitsu.
Actually, not necessarily thecase.
People are living wild andloose, like many investors in
the stock market.
They put money in this, moneyin that meme, coin, that, and
(01:13):
then they're suffering atjujitsu.
And I wanted to actually unpackthis because people don't think
about their lives in this way.
Speaker 2 (01:22):
All the dudes that shorted GameStop are like
whatever, bro, you're a boringcunt.
I'm fucking cleaning up overhere on Dogecoin while you're
over here telling me I need tofucking invest in my 401k.
Speaker 1 (01:34):
Well, potentially potentially, but no, I want to
talk about this because therewould be many people out there
in the jiu-jitsu community whohave a philosophy, a take a
position on investment and whatthey do with their money.
Speaker 2 (01:48):
Well, yes, potentially yes.
I think probably first we needto explain how investing works
in very simple, because a lot ofpeople are like well, I threw
it all into crypto because Ithought that was the only game
in town.
Speaker 1 (02:01):
Yeah, but also, this is not investment advice.
Speaker 2 (02:03):
No, no, no.
But in terms of clarifying theanalogy, sure, Right, like, yeah
, you can invest your money indifferent ways, and there's all
these kind of more traditionalways that I've seen as pretty
boring.
And then online gambling andcryptocurrency came along, and
this appealed to a youngergeneration because they're like
fuck, yeah, this is sick, I'mgoing to overthrow the
government and I'm going to getrich, and it's going to be great
, and, you know, reform thebanking system, whatever, and uh
(02:25):
, well, you know, all of thepeople you knew that were
talking about cryptocurrency arenow no longer talking about it.
Well, not to say that it's nota thing, but it just it made a
lot of promises that weren'tnecessarily fulfilled.
Uh, but in any case, it's avolatile realm.
Speaker 1 (02:41):
It is and what I want to talk about investing in your
superannuation or your 401k.
Speaker 2 (02:45):
It's less volatile, but it's not sexy.
Yes, that's true.
Speaker 1 (02:49):
So which one are you?
What's the right way to go?
Because life itself can bevolatile, depending on how you
live it, and this can directlyimpact your jujitsu, I mean.
Speaker 2 (02:59):
I love the fucking volatility of my 20s.
Speaker 1 (03:01):
Oh yeah, it's great.
Oh yeah, a hundred percent, 100, I mean it's fun, right, yeah,
I'm fucking all in on it.
But I think what ismisunderstood here is that when
you have a more volatilelifestyle, you uh, you have less
bandwidth for volatility atjujitsu, correct?
So when jujitsu gets fuckinghectic and volatile, you might
be fucking, you know, you mightbe overreaching there, and then
(03:24):
that's where you can crash out.
And so this is what I want toget into, because I am somebody
who I'm not volatile, I'm a man.
I'm stocks and bonds.
I'm fucking, I am the mostboring dude ever, because that
gives me way more tolerance forvolatility at Jiu Jitsu, because
I minimize volatility in mylife, which I fully accept is
(03:46):
not the most interesting thingever.
My wife is constantly tellingme to have more fun.
She didn't realize that I enjoybeing boring, that this means I
can go fucking ham at jujitsuand still bounce back.
I can go super nuts in the gymif I feel like it, but because
I'm recovered if I feel like it,but it doesn't because I'm
recovered, because I'm not, youknow, overreaching in other
(04:13):
parts of my life, it's possible.
So I wanted to talk about or,you know, bring an analogy that
people could relate to, becausesometimes people don't realize
that what they're doing could bepotentially volatile.
Speaker 2 (04:21):
Yes, so what does a volatile lifestyle look like,
jay Tizzle?
Speaker 1 (04:26):
For example, someone might be having a fairly stable
life and then they go ooh,what's this crypto lifestyle
that you're talking about?
What is this downhill mountainbike racing you're talking about
?
I think I'll take up skating inmy 40s.
That'll be cool.
My friends all we used to skatewhen we were teenagers.
(04:49):
I'm getting into recreationalmeth.
Oh, imagine.
Speaker 2 (04:53):
The high is really good and it's cheaper than
alcohol.
Speaker 1 (04:55):
Hey look, I've been using that numeric health
service and if I set up adifferent account I can blast
twice as much TRT, imagine.
You know it's all discounted.
I'm using Craig's officialdiscount.
Speaker 2 (05:08):
Hey, I think I want to try being in a polygamous
relationship.
Speaker 1 (05:12):
Oh so.
Speaker 2 (05:13):
I've gone and got myself 16 different wives.
Speaker 1 (05:15):
Oh, imagine, because obviously one wife is easy
enough to keep happy.
Or hey, let's say you might behaving a new baby soon, because
you've forgotten how bad it wasthe first time around.
And you're like, oh, they're socute.
And you're like, yeah, let'sget another kid, maybe not.
So here's the thing Manyexamples of volatility.
(05:37):
What we cannot fully realize isthe impact that will have on
your life, which can be fuckingthe game up, which means your
jujitsu just falls apart.
And this is the thingOftentimes, when things are not
working at jujitsu, we blamejujitsu, we blame the coach, we
blame our training partners.
Oh, I got injured because thatguy.
But also, you didn't sleep allnight, or you know.
(06:00):
I think the classic example iswe all know somebody who never
stopped partying.
We know somebody who was goinghard in their early twenties.
You don't see him for a whileand then you see they've posted
a clip from Ibiza whatever Ibiza, and yeah, ibiza.
And then they're like, yeah,they're 36 and they might be
(06:22):
onto their third wife.
Speaker 2 (06:24):
Or you know an observation I've made about like
cats that go hard on thepartying scene when they're you
know whatever, like latethirties, forties kind of thing,
yeah Is, it's usually the onesthat didn't party when they were
younger.
Oh yeah, this is my observation.
Speaker 1 (06:38):
Like anyone.
Speaker 2 (06:39):
Most of the people I know who like whatever, like
towards the end of school,teenage years, early 20s, were
getting after it fucking goingout, drinking, doing drugs.
They usually get it out oftheir system, right, you know.
Some don't, of course, but, butmost do.
Uh, but the ones that were likefor whatever reason yeah, you
know we're focusing on playingsport, or you know we're really
(07:01):
academic or just notparticularly social.
They come around.
I remember some of my friendslike me.
They used to be like bro, haveyou tried ecstasy?
Yeah, bro, we did that like 15years ago.
Speaker 1 (07:13):
It was great.
Speaker 2 (07:14):
And now I don't, because it fucking fucked me up
too much, but they're like ohbro, it's fucking unbelievable.
It's just funny.
Because you pay such a greaterprice at an older age, it is
harder to recover, not to say itcan't be done.
Speaker 1 (07:27):
No, it can be done, but that's the thing.
The cost is kind of higher,right?
The interest rate is higher,yeah, and so this is a
conversation.
I was listening to investmentfolks talking about the leverage
of debt, but also the cost ofdebt, because sometimes the
interest rate is higher, sohaving debt it's expensive, and
(07:47):
then when the interest rate islower, you can do more with it.
It's a tool.
The problem is when people getin the habit of spending beyond
their means, sometimes withvolatility, the fucking interest
rate goes through the fuckingroof and you're paying a way
higher cost.
The floor falls out fromunderneath you, right?
Speaker 2 (08:05):
So when you've got that stable lifestyle.
This is basically describingthe Australian property market.
Please continue.
Speaker 1 (08:11):
Let's not go there.
But that's the thing, right,like if you are living a very
stable lifestyle, you think, oh,I can do an extra, I can do a
comp, I'm going to fucking, I'mgoing to go to Asian
championships, I'm going totrain up and go to.
Well, I'm going to worldmasters Heard, that's a good
time.
So you start doing comp classevery week and you start doing
(08:31):
weights and then you're likefuck, yeah, I'm, I'm fucking
enjoying this, this is great.
And then maybe they're askingyou to do some extra shifts at
work.
But you're like nah, but I'm,I've bought my tickets, I'm
still going to worlds.
So you just, you're running onfumes.
Now you're doing the extrashifts, you're doing the
training and you're like man, Ifeel sore all the time.
Fuck, my body hurts.
Nah, but I'm in it, I'mcommitted.
(08:56):
And then you fucking tear aligament in your ankle and
you're like, fuck, it's onlyfour weeks, first round, and
it's not necessarily the trip ofyour dreams, but you just chalk
it up to experience and now youhaven't fully addressed your
ankle.
Maybe you made it worse and,because of volatility in your
life, your experience ofjiu-jitsu has been diminished.
I mean, someone's got to losefirst round, bro don't make it
(09:20):
be you.
Speaker 2 (09:21):
Hey, someone's got to lose.
Speaker 1 (09:22):
No, Listen to you.
Speaker 2 (09:25):
Why not you?
Speaker 1 (09:25):
Why not you, hey?
The stock market crashing costsyou nothing.
Your money going to zero is notcosting you anything.
Speaker 2 (09:33):
Except for everything you invested.
I'm picking on your analogythere.
I'm picking up what you'reputting down.
Speaker 1 (09:41):
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(10:04):
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Speaker 2 (10:22):
Yeah, that's right.
Like it's very hard to.
It's often hard to take a stepback and look at all the shit
that's going on in your life andbe like, oh, what are the
things here that are competingfor my energy or attention?
And if you're not careful,right, it's very easy for a lot
of things to be competing foryour attention.
Like if you're not good atcutting things away and like
(10:42):
setting boundaries and whatnot,and that level of volatility can
really fucking screw you up.
Speaker 1 (10:47):
Yeah, and life doesn't get less busy, generally
, like, unless you're likeretired.
But essentially, whereveryou're at, in whatever stage of
jiu-jitsu, the commitment tojiu-jitsu will grow.
Like you buy in, more, theskills are, more, the training's
more.
It's rare that you do jujitsufor a sustained period of time
and it gets less demanding.
(11:09):
Same thing with life.
You start a business and youyou know, careful, what you wish
for.
Obviously we would love for youto be successful in your
business, but then, fuck, I'vegot to get staff.
Oh shit, now I've got to manage.
Gotta manage staff.
Oh fuck.
Who's doing the invoicing?
Oh, my accountant quit andretired.
Oh fuck, I need a new account.
Like so many um, smallercontributing factors can come
(11:31):
together to make your life superunmanageable, which just means
jujitsu is not going to moveforward.
And and as simple as uh, thatmight sound, if you're trying to
get better at jujitsu, myargument or thesis here is how
can we limit the volatility inyour life so you have better
bandwidth for jujitsu and thevolatility that can occur there?
(11:56):
Because also jujitsu can be itsown source of volatility, which
can fuck up your life.
Speaker 2 (12:02):
You might have a very stable life and then you
fucking, you know you bulge adisc in your neck.
Especially if your coach is amad crypto bro.
Then you got double layervolatility, because not?
Only is he trying to break youon the mats.
He's trying to break your bankaccount too, or you got to get
in on this now yeah.
Yeah, that's right.
I mean jujitsu is the ultimatefucking volatility.
(12:25):
Yeah, risky investment rightlike this is.
This is where you haveconversations with some folks.
You're like you know what fam,what I'm hearing from you.
I don't think you should do it Ihad this conversation with it,
with a jujitsu friend uh of theshow, I won't name him but on
the weekend who was like beentrying to get back to jiu-jitsu.
He's got some injuries, gotfucking three kids under five.
(12:46):
Just you know, like living thelife.
And he's like, oh yeah, I've gotto do it, I've got to do it.
It's just so hard.
Injuries, no, but I've got todo it, I've got to do it, I'm
going to do it, I'm going to doDon't do it, don't do it, don't
do it right now.
Just, you know, it sounds likeyou're really busy and I just
don't think that's a great timeto be throwing yourself back in
the fire.
But on the flip, I was likemaybe the best thing is that you
(13:08):
just make that promise to theteam and you just come back.
But I'm like I don't think itis based on you know all of the
case studies I've been luckyenough to have witnessed and
advised upon.
I was like that time will come.
Your kids are not going to beall under five forever, no, but
yeah, so you've always got to bethinking like what's the other
shit that's going on?
And how much room do I havehere for fucking around?
(13:32):
You can't do it all, which isprobably good.
Crypto advice If you want tofuck around with crypto, do it
with some money you're happy tolet go of.
Don't do it with your fuckinglike the college fund that your
parents set up for you.
Or don't do it with theremortgaging your parents' house
.
Sure.
Speaker 1 (13:52):
I think the biggest challenge in all of this is that
we just don't know what thecost is.
Like we just can't foresee allthe crazy shit that can happen
in your life.
Like we just can't foresee allthe crazy shit that can happen
in your life and, as a result ofthat, giving yourself a margin
of safety is one of the bestthings you can do.
It doesn't matter if you'rerunning a business or it's your
health and fitness.
Like leaving one or two reps inthe tank and not maxing in the
(14:16):
gym can be the differencebetween you walking away getting
stronger and coming backanother day to you herniating a
disc and then being in chronicpain for months at a time.
And so when we're looking at allthese things and I'm not an
inherently conservative person,I'm a pro-risk kind of guy I'm
like swing for the fuckingfences, bet it all.
(14:37):
That is what I enjoy.
But if you actually look at howI live my life, I I have a very
low-key lifestyle, so that whenthe time comes to go all in on
something, I feel like it's safefor me to do that, or I have
the bandwidth to take a huge lor a crash out you're in the
best position to handle somevolatility yeah, yeah, you know,
(15:00):
and you, you don't want to bedriving full tilt with no brakes
.
You want to.
You want to be able to slowdown if necessary.
And if you're someone who has afamily, runs a business, or
even if you're just a um a, asingle young person doing your
thing, there can be a lotlearned from crashing out.
But then also the lesson isfuck, I never want to do that
(15:23):
again.
So I don't think you have tofail catastrophically to know
that's not a good idea.
You know we can learn thatlesson from our, from our, our
friends, and so, uh, people whoyou can learn lessons from,
people are doing great, and youcan learn lessons from people
who are completely fucking up.
And so, like the reason why Iwas drawing that analogy about
(15:44):
the person who's partying, youknow, in their late thirties,
forties, and they're just you'relike, yeah, for me, I just I
wonder, what are you chasing?
What is it that you feel youwill get from that?
Because I think after a periodof time, you realize, if you
haven't found the dance partneryou're looking for at 3 am, it's
(16:06):
probably time to just head tothe kebab shop, get your HSP,
your halal snack pack andfucking go home, like there's a
point at which being 5 am andthe last two people on the dance
floor is not where you want tobe.
Speaker 2 (16:21):
Yeah, a wise person told me, go ugly early and beat
the two o'clock rush oh my godwhat do you fuck that just you
bringing that up of like being 3am being like fuck.
Where's everyone gone?
It's like the shittest place tobe.
Speaker 1 (16:40):
It's not where you want to be, and really because
it will cost you.
It costs you the next day, theday after.
It's this carry on effect thatwhen you do things that are
highly volatile, this fucks upyour jujitsu.
So if you can look at your lifeand go, you know what that's
probably.
If you can look at your lifeand go, you know what that's
probably.
I probably shouldn't take upmarathon running if I'm doing
(17:04):
jujitsu.
You know, like kite surfingexpensive, maybe a little bit
fun, maybe potentially veryinjurious as well.
Speaker 2 (17:12):
What about wingsuit flying?
Speaker 1 (17:14):
Hey, I heard it's a good time, yeah, looks fun, why
not?
But I think it's because whenyou're new to something or
something, because it's easy toget bored and and the human
brain, like we, really cravenovelty.
Right, that's why there'salways these new fads and
fashions, because we want that,that new shit, what's exciting,
what's sexy.
And ultimately, if you wantsexy jujitsu, uh, I believe that
(17:39):
you've got to have a less sexylifestyle.
That's just my take on it.
Speaker 2 (17:42):
If you want something , treat yourself to the new dana
, her instructional, you know.
Treat yourself to a newbulletproof program why not?
Yeah, yourself to a bulletprooft-shirt perhaps.
Sure, you know a bit ofsensation, but I'd maybe do a
fucking bit of m on the weekend,you know get it out of your
system.
Speaker 1 (17:58):
Yeah, you just.
Hey, you just.
You feel you want to loosen upbit of cat, just eyeballs
rolling around as you do.
No, I um.
The reason why I say this is Ipeople often ask me like man,
how do I be in the gym as muchas you and how do I fucking stay
healthy like you?
And I'm like you probably don'twant to do what I do Like I'm
(18:19):
not.
I'm such an uninterestingperson outside of the things
that I am invested in that youwouldn't want to be me.
You know, I don't think it's inthe same way.
When we look at someone likeGordon Ryan and we look at his
performances, you don'tnecessarily want to do all the
shit that he has done in termsof the volume of training, the
(18:40):
fucking drugs, the, the pain andsuffering and the obsessiveness
to be so great.
You don't want that in yourlife.
Like it's.
It's a shit life to be able toachieve that thing and it's just
that we don't have a clear lens.
Wow, what that costs, right?
Speaker 2 (18:56):
Not fair.
It's not so enjoyable Shit life, but I'm saying it's but you
sacrifice something to havesomething else.
It's not fun.
Speaker 1 (19:02):
Yeah.
Speaker 2 (19:03):
There's always something to be Like
everything's a compromise.
Speaker 1 (19:06):
Yeah, definitely, and it's just like what are you
prepared to pay to get what youwant?
Boom, boom.
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