This episode is all about giving thanks to devoted listeners, active investors, and top-tier landlords. Everyone in the Hartman network wishes the listeners a Happy Thanksgiving.
Speakers, publishers, consultants, coaches and info marketers unite. The speaking of wealth show is your roadmap to success and significance. Learn the latest tools, technologies and tactics to get more bookings, sell more products and attract more clients. If you’re looking to increase your direct response sales, create a big time personal brand and become the go to guru. The speaking of wealth show is for you. Here’s your host, Jason Hartman.
Jason Hartman 0:39
Hey, everybody, Happy Thanksgiving to all we just wanted to come on for a quick live stream and quick podcast. And hey, it’s it’s never quick when you talk to us, really, but I’ve got Evan here with me today. And many of you know him. Of course, he works with our team now originally started out as a client. And he also happens to be a man of the cloth. And, and that’s what’s what’s really great, because I think he can really talk to us about giving thanks, about gratitude. And I thought he was the perfect person to invite on to join me today to talk about this topic. So Evan, welcome. And you’re joining us from Chicago, of course.
Rabbi Evan Moffic 1:29
I am. Thanks, Jason. It’s an honor to be on with you, and always a joy to talk with you and learn with you. And yeah, Thanksgiving, it’s, as I sometimes tell my congregation, it’s not technically a Jewish holiday, but it could be because the values, the American values of thanksgiving are rooted in my faith, I think in the faith is gratitude is sort of at the core of almost every religion, I would think I mean, we’re grateful for the gift of life. If we believe in a creator, and we’re alive, then we’ve been given this gift of life. And that’s something to be grateful for.
Jason Hartman 2:00
Yeah, absolutely. There is so much that literally everybody has to be grateful for. And it’s so easy to forget that. And it’s so easy in today’s sort of consumer world. And with the challenges of 2020, which are not small changes by any means. You know, but But even before that, right? It’s it’s so easy to fall into this kind of like trap of these ridiculous expectations, and this attitude of entitlement. And in in the political and cultural arenas today, we see so much of that, and it’s, it’s really, it’s so destructive. And years ago, I discovered this idea that that I had not understood previously that, you know, in order to get more, if you want to achieve more in life, if you want to have more success, better return on your investments, for example, we’re in the financial business, real estate investing business. And, you know, if you want more, you’ve got to start where you are, and be grateful for what you have. That’s sort of like a foundational thing. I think it was Henry David Thoreau, who said it, maybe it’s not thorough, but it’s somebody like that. He said, You know, it’s okay to build castles in the sky. But you’ve got to, you know, put a good foundation under them. Gratitude and giving thanks is like that foundational principle, isn’t it?
Rabbi Evan Moffic 3:35
I think so. It is. It’s you, you start with gratitude.
Jason Hartman 3:39
And Evan Evan, by the way, can you talk a little closer to your microphone?
Rabbi Evan Moffic 3:42
Yeah, I think you, we have to start with gratitude. I mean, if you don’t have gratitude, then you’re always focused on what you don’t have. I always think it’s like a training for the brain. You know, there’s a reason we say grace for for a meal. It focuses us on what we have in front of us, not what we are wanting. I think part of what you’re saying too, goes back to people defining themselves as a victim. And when you’re a victim, you’re always focused on on what you lack on what you want, instead of focusing on what you have, I think gratitude focuses us on what we have. And that is a tremendous gift and a starting point. Because if you’re only focused if you don’t appreciate what you have, you won’t get more of it.
Jason Hartman 4:26
Yeah, well, so I agree with you completely. And by the way for our viewers, drop a comment below and tell us where you’re located. And what you think about this and, and what you’re grateful for today. You know, it’s it’s the one day you’re when we’re reminded of this because it’s an official holiday in the United States. And I know of course, at least on the podcast, we have listeners from 189 countries worldwide, but we invite all of you to just focus on this and you know, you may have some of your own holidays in your country. Three are your religion where it’s focused on gratitude and thankfulness. So, it’s
Rabbi Evan Moffic 5:07
Something that I just realized, you know, how if you put Thank you, and you get the emoji of the hands like this, and that is showing the religious origins of gratitude, what is that? Prayer posts? So in some ways, the emoji itself is suggesting that really, gratitude starts with faith.
Jason Hartman 5:27
Yeah, yep. Yep. Okay. So what I wanted to ask you before, is, you talked about the idea that I totally agree with, as to if you’re not grateful, you’re the first step to getting more, you know, right, is to be grateful for what one has. So why is that true? I mean, I want to ask, why is it true? Let’s take a dive on that. And by the way, viewers, comment below. Tell us what you think why is that true? I think a lot of people agree with that. I certainly do. I know you do, Evan.
Rabbi Evan Moffic 6:00
I think it has to do with the brain. And I think it has to do with the brain attracting certain things sort of like the law of attraction, which I don’t believe in as a, you know, as like a cure all. But I do think we tend to be attracted to certain things. And when we are grateful for what we have we attract more of it. I think it’s something I do think it’s something within within how the brain works. And it’s something with with how human relations, you know, there’s these things called I think, mirror neurons.
Jason Hartman 6:36
That’s like the empathy pathway in a way. Yeah,
Rabbi Evan Moffic 6:39
Yes. And just how you know, like, when you’re around positive people, or you’re around, well, you’ve always taught Jason, that, you know, the five people that if you’re the five people you surround yourself with, you’ll end up being a lot like them. In some ways, we human beings are such social animals, that we attract what’s around us. So if we focus our brain, on on what we have, we attract more of it. I think it’s just almost sort of biological and neurological.
Jason Hartman 7:08
Yeah. It’s, it’s a very interesting concept, for sure, that gratitude concept. And I gotta tell you, I think one of the most influential pieces of literature, that that really influenced me a lot. Right around age, maybe 21, or so was the book by augmon. Dino. He was one of these great, you know, success coaches. And he wrote so many books on the topic, and his stuff is just great. But this particular book called mission success, which by the way, I just looked it up a moment ago, it was out of print for a long time, it may still be out of print. Now, I’m not sure but it is available online. For $7.95. One of the best, that’ll be the best $7.95 you ever spend in your life? It’s a short, easy book. You know, it’s it’s really a very neat story that he tells, but within the book, inside of the mission success book is a poem called the seeds of success. And did I say success? Yes, seeds of success. Hope I said that, right. I thought I said excess for a moment. And, and, you know, I remember I used to drive around in my Volkswagen Jetta. And then the car after that, which was my Mercedes 300 D, that I got when I was like, 22 years old, which nowadays, that’s no big deal. Everyone gets one for their 16th birthday.
Rabbi Evan Moffic 8:47
It’s a little bit of CSS between the Volkswagen and the Mercedes.
Jason Hartman 8:51
Yeah. Well, that that’s how that’s how over entitled, our culture has become maybe right. And is that’s an example right there. But, but anyway, I just share a little bit of this with you a couple passages from this great poem. If I were to read it, it would take about five minutes. It’s a long poem, and it’s, it’s really, it’s not even a poem. It’s like a prayer. And, and augmon Dino just, it’s just so good. I mean, it’s, it’s, it’s one of the best pieces ever, and ever know, I’ll share one part and then you can talk a little bit about it, and then I’ll share another part. But but one part of it, he augmon. Dino writes, in Oh, by the way, let me back up for a moment. This story basically, is the story of a young man named Luke, and he was in the military, and they were fighting the Nazis. And he met this older woman who became like a mentor to him. Her name was Winnie Winnie Marlowe So she, she lived in London. And, you know, it sort of goes through this whole thing of how she kind of like mentors, this young kid for success. And then he goes out into the world after he’s finished with his military career, and achieves this incredible amount of success in the business world. And in the book, he, you know, he stops to say, there have been only two days in the last, I think, 40 years, when he did not start the day without reading the seeds of success. And the seeds of success was a little book a little gift given to him by when he and, and, and he read it every day, except for two days when he was recovering from surgery for 40 years, and it just influenced and impacted his life. And it’s just such a beautiful story, it really isn’t a fantastic story. So here’s one of the passages, he says, I will treasure this day, for it is all I have, I know that it’s rushing hours cannot be accumulated or stored, like precious grain for future use, I will live is all good actors do when they are in stage. Only in the moment, I cannot perform at my best today, by regretting my previous x mistakes, or worrying about the scene to come. I will embrace today’s difficult tasks, take off my coat and make dust in the world. I will remember that the busier I am, the less harm I am apt to suffer, the tastier will be my food, the sweeter my sleep. And the better satisfied I will be with my place in the world. Wow, that is just that is just beautiful, you know, thoughts on that, Evan?
Rabbi Evan Moffic 12:00
Oh, I 100% agree. It’s just amazing. I love that line, the busier I am to taste your food, you know, kind of reminds me in some ways. You know, in Judaism, we talk about Shabbat, the Sabbath, which is of course shared in Christianity, too. But you know, there’s also the six days of work that make the Sabbath meaningful. And in some ways we can’t appreciate, you know, you and I both love to work hard as our whole team does. But in some ways, it’s it’s the hard work that helps us appreciate the beautiful moments like today, you know, if all of life was work, we wouldn’t be able to enjoy these times of Thanksgiving, this time of joy. And so we have to embrace those moments. And I think, no, I think faith helps us kind of punctuate that and family helps us punctuate them. I think that’s partly the reason why this year is so confusing. I mean, we suck it home. And and we have this, this illness that’s hard to understand. And, you know, it’s kind of thrown off our whole rhythm of life. And I think I’m grateful I was thinking we were talking about this before, I’m grateful for just my health and the basic things of life that we often take for granted. I’ve kind of become I’ve been able to appreciate that more during this kind of pandemic time.
Jason Hartman 13:21
And as far as his socio economic matters, and and, you know, standard of living issues, because so much of life, of course is about financial and money. There’s just no denying that. I mean, anybody who denies it is just living in a fantasy, okay, it, you know, if you want food, you got to finance the farmland to grow the food. Okay, folks, everything has a financial component practically. And, and, you know, realize that if you are listening to us now, if if you’re consuming this kind of content, you’re probably richer than 50% to maybe 75% of the entire human race or richer them. So just, you know, even if you’re the poorest person in a non developing country, right, you’re already rich by comparison. The question I always talk about on the on the podcast is compared to what? Right? always compare. Now, most people I think, you know, all of us, including myself, of course, I’m not going to say most people, but I’m included in this. You know, we get caught in this trap of comparing ourselves to these like unrealistic celebrities or business tycoons and so forth. But you know, make sure you’re comparing because humans compare, okay, look, that’s just what we do. That’s our money. Work, okay. And it’s okay to do that. But make sure you’re comparing to the whole spectrum. So many people might compare to, you know, this unrealistic, you know, person or comparison. And they and they end up being bitter. They don’t have this or they don’t have that. And they all they do is look for the lack, rather than what they do have, right?
Rabbi Evan Moffic 15:28
Well, yes. And that’s part of the problem with Facebook and Instagram. And
Jason Hartman 15:34
Oh, social media is terror. Yeah.
Rabbi Evan Moffic 15:35
Yeah. I mean, we’re comparing our real life with people’s highlight reels. And there are there are studies that say that people whose The more time you spend on Facebook, the more depressed you are. So the irony of it is that we’re broadcasting partially on Facebook, so you know, what it is, but, you know, you have to have moderation, have to have to be realistic. And I mean, I feel that as a parent all the time, I sometimes see parents that, you know, taking their kids to this museum and that museum and this, you know, they’re doing this academic program and say, well, am I being a good enough parent, and remind myself that, you know, behind what people show, is the real world. And you can never confuse these highlights with the real world.
Jason Hartman 16:22
I love what you just said there, you said, you know, looking at social media is comparing, like, everybody knows what their own whole life is about, right? They know, the good, bad, the ugly, you know, everybody’s got problems, right. But when you look at social media, you just see the highlight reel. And I think people, it’s funny how social media tends to have like this positive spin, in the sense that people don’t tend to talk about like, the challenges they face, the bad things happen to them, they sometimes do. But by and large, it’s, you know, this, that and the other thing, it’s like, look at me, right. And so it is a highlight reel. And boy, you know, comparing this to the days before social media, it’s, I’m so glad I’m old enough to remember that. And I really think that it is important that we all are reminded of how life used to be, in essence, so much of what we see now, living our lives, is basically hundreds, or 1000s, or even millions, or literally billions, because there’s about 2 billion Facebook users, right? of self styled PR firms, public relations firms, putting out content. And that, folks, is not reality. It is definitely not reality.
Rabbi Evan Moffic 18:00
And this is one of the things I mean, to kind of go back a little bit to real estate. One of the things that you teach Jason, is that this is the most historically proven asset class. And in some ways, we are relying on principle rules that predate not not just predate social media predate, you know, capitalism and the American economy and everything, you know, we really focus on tried and true principles. That’s kind of like augmon, Dino and gratitude, gratitude goes back, you know, to to the story of creation, you know, and we’re kind of, you know, in some ways, when we get so caught up in, in social media, going down different rabbit holes, we forget what really makes life meaningful. And that’s, I think one of the beautiful things about Thanksgiving reminds it’s gratitude. It’s, if we can, that connections, relationships with family members, although that’s of course, harder this year. And, and we have to return to those kind of first principles. And that’s really meaningful, at least to me it is.
Jason Hartman 19:00
Yeah, yeah, definitely. So, so those core principles, very important. And, you know, a lot of people are, you know, they’re not getting together. And, you know, for people who live in places like the Socialist Republic of California and New York, you know, these really insanely strict places with these, you know, wacko tyrant, tyrannical politicians running, you know, the government’s there. You know, it’s, it’s, it’s funny, because I was watching yesterday, one of the sheriffs saying that they just completely refuse to enforce the governor’s mandates, and, you know, good for them. I mean, it’s, it’s so great to see someone, you know, say, you know what, I’m not gonna do it. I’m not gonna engage in this oppression. The surprise.
Rabbi Evan Moffic 19:53
I bet we have some watchers in Denver, and I read a story yesterday about how the mayor of Denver was telling Everybody not to go anywhere as he was getting on a plane to go. I mean, like, I mean, that’s just not the thing about America is we don’t receive, we used to not believe in these elites and regulars that we’re all part of, you know, one country Pluribus Unum, and we’ve lost a lot of that.
Jason Hartman 20:20
Yeah, no, we have. And, and now, we got to put this in check and say, compared to what and check and see if we’re grateful or not, because, you know, it’s amazing that you can even Well, I mean, maybe not for long, but you can have a conversation like this, you can broadcast this, you can criticize the government, and almost probably everybody listening to or viewing this, this will later be on the podcast. You know, you can you can go on social media, you can put up a website, and you can say, you know, screw our evil president or prime minister, you know, EFF them, and you know, you’re not going to get arrested. Okay. And you’re not going to be sent to a reeducation camp. You know, I mean, that that’s an amazing thing. I mean, a long history of humanity, that concept has only existed for about 240 years, folks, before that, you did something like that you would be in the Gulag, you would be in, you know, in a hole somewhere, you know, at least for a time. So, so that, you know, compared to what, right compared to what.
Rabbi Evan Moffic 21:32
You know, good wisdom to for, you know, all the protests, where people are knocking down statues and all this, you always have to, that’s the question historians have, as compared to what? We can’t evaluate the past, based on the present. We can’t that’s not fair. That’s just like people 100 years from now will look upon things we do and think of it as barbaric things we thought of as normal. And that’s you compare to what one of the reasons I love so much that the Jason Hartman question is not only that, it helps us appreciate things, but it’s very empathetic. It reminds us to evaluate things with with an eye towards empathy, understanding people in their context, we’re not judging people in a moral vacuum. We’re judging the whole picture. And that’s really that that’s the kind of empathy that we kind of lost in America. Everyone’s judging people just based on, you know, their skin color instantly, and socio economic class. We’re never looking at the whole picture. And I think Thanksgiving.
Jason Hartman 22:33
Or they’re judging them on a soundbite.
Rabbi Evan Moffic 22:35
Jason Hartman 22:36
Right. No. I mean, I mean, that’s just ridiculous. And, you know, I’ll say that that is so common in the political arena. I mean, seriously, hasn’t everybody in their life said some stupid things that they, you know, later thought, why did I say that? And yet, yet, we’ll judge politicians based on a soundbite. So yeah,
Rabbi Evan Moffic 23:04
One of the things I’m also grateful for Jason, this is something you’ve taught, and I think this is this goes back to sort of capitalism is one of the things that we teach our investors is that single family homes and real estate today, being a direct investor is still one of the ways that an average person can attain wealth, most places stock market syndications, the insiders who profit, right, and we still have a lot opportunities, regular person.
Jason Hartman 23:30
So what Evans talking about really there is commandment number three, which is thou shalt maintain control in my my 10 commandments. And it’s, it’s about being a direct investor, so that you are not investing in someone else’s deal, a syndication, a fund, a stock, a bond, you know, any kind of like, a wall street investment. That is, it’s out of your control. You’re not, you’re not directly owning and controlling it. And so the cream is getting skimmed off the top of best returns are going to the insiders, rather than the investor. And Evan, you know, it’s funny before we started today, you were just saying that you are grateful for get this one, folks. Jerome Powell, our Federal Reserve Chairman. And by the way, before you dive into that one, I just wanted to say, in the short term in from an instant gratification mindset, I’m grateful to our rich uncle Jerome Powell to for you know, leaving the Punchbowl out right at the party. And, but overall, what he’s doing is is very dangerous. And, you know, we continue to talk about that on the podcast, which means a lot of inflationary pressures are building up in a system which will not be good news. So they will be very good news for real estate investors who are following our plan. Go ahead, Evan.
Rabbi Evan Moffic 25:08
You always teach align yourself with the greatest powers in the world, central governments and central banks. And that’s, that’s what we do. You know, and and so yeah, I’m grateful the Federal Reserve keeps printing money, it means that interest rates stay low real estate value asset prices keep rising, you know, and what a john Maynard Keynes say, in the long run, we’re all dead. Chickens are gonna come home to roost later on. And, you know, of course, I agree with you philosophically, I think we were on the same page, full stop. But we have to adapt to the circumstances we’re in.
Jason Hartman 25:45
To explain Evan’s reference there, John Maynard Keynes was a, you know, super famous economist in Keynesian economics is the concept of priming the pump, okay, where you want to put money into the system to start things moving, right. And that would be diametrically opposed to fa hyack. And who wrote the Road to Serfdom and, and the Austrian School of Economics, that would say, let the market take care of it. And the Keynesian concept creates inflation, which ultimately, although it, you know, saves us in the short term, which is what we always gravitate toward is the short term reward, that’s just sadly, the way the world works on instant gratification. And, but it causes more problems in the long term, it makes things worse than long term, because that inflation impoverishes the lower socio economic classes, but the the upper middle, and the wealthy class, tend to get very enriched by it. And that’s what we teach investors how to do we help them benefit from that inflation. And, and, you know, I say, like Kevin mentioned, that the, you know, what, you want to align your interest with the two most powerful forces in all of human history, governments and central banks, as much as we might philosophically disagree with what they’re doing. And I do, and Evan does, and you know, most good Austrian School of Economics, thinkers do disagree with it, but we’re not going to change it. Okay. It is, it is the way it’s going. Okay, it’s we’re all Keynesians, now, we have corporate socialism. And, and that’s the way it is. And so what we want to do is we want to position our assets, our investments to benefit from these policies. So so so we’re kind of half joking, when we’re say we’re great at you’re grateful for Jerome Powell, and the Federal Reserve,
Rabbi Evan Moffic 27:56
I gotta go in a minute, because my computer’s running out of batteries. But I just want to say this, and I’m not saying this just because I work for you. But I’m really grateful to you. I mean, you a daily Podcast, where you’re teaching these ideas that could stay in the academy. I mean, you know, there are a lot of professors that are writing great things, and you interview some of them on the show, but you’re taking this economic wisdom, and giving us strategies and tactics for how to profit from them. I’m grateful as an investor and as a coach and someone who worked for you. And I know that our clients are too so to be I mean, you know, we don’t say this enough, but I’m just grateful to you. So thank you.
Jason Hartman 28:35
Thank you, Evan, I appreciate it. And I’m so grateful that you became a client and then became a member of our team, you’re, you’re just doing such a great job and it’s, it’s, it’s, it’s so great to have you for these extra perks where we can we can get a sermon on a special day like this. So that’s just awesome. And you know what, I don’t know how long your power is gonna last but I just want to share a couple more passages of Og Mandino’s book and then we will wrap it up. So he says, I will live this day as if it were Christmas. I will be a giver of gifts and deliver to my enemies the gift of forgiveness, my opponents tolerance, my friends, a smile my children a good example and every gift will be wrapped with unconditional love. Then he goes on to say I will waste not even a precious second today in anger or jealousy or selfishness. I know that the seeds I so I will harvest because every action good or bad is always followed by an equal reaction. I will plant only good seeds this day. I will treat today as a priceless file in one may draw harmony from it and another discord but no one will blame the instrument. Life is the same in if I play it correctly, it will give forth beauty but if I play it ignorantly, it will produce ugliness, okay, and it looks like we lost Evan now I think his, his, his battery is out. So you just got me. And I’ll wrap this up here. So the ending of this fantastic, fantastic poem from this wonderful book that you all should just grab today. You know, get get this book because it is so, so good. He says, I will work this day with all my strength, content in the knowledge that life does not consist of wallowing in the past, or peering anxiously at the future. It is appalling to contemplate the great number of painful steps by which one arrives at a truth. so old, so obvious, and so frequently expressed, whatever it offers, little are much My life has now. I will pause whenever I’m feeling sorry for myself today. And remember that this is the only day I have, and I must play it to the fullest, what my part may signify in the Great Hall, I may not recognize, but I am here to play it and now is the time I will count this day a separate life. I will remember that those who have fused regrets are those who take each moment as it comes for all that it is worth. This is my day. These are my seeds. Thank you God for this precious garden of time. Isn’t that just beautiful, folks?
So with that, I want to wish you all a very happy Thanksgiving. We will be back tomorrow with a another podcast tomorrow is Flashback Friday. And then of course next week, we will be with you Monday through Friday. Thanks to everybody for checking in with us. And we appreciate the comments especially Tommy’s comment, which I love. The rebellious content comment. Tommy says I’m in California visiting my home. Visiting my home, our three sons, son’s girlfriend, my brother’s family flying in or driving from Florida, Tennessee, Alaska, Virginia and Los Angeles. Don’t tell Gavin. Meaning Gavin Newsome. That’s the the the tyrannical dictator running California sadly. So, good stuff. Anyway, thank you all for joining us today. And thanks for all the great comments. We really appreciate it. Happy Thanksgiving and happy investing to all thank you all.
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