Showing posts with label Epictetus. Show all posts
Showing posts with label Epictetus. Show all posts

Tuesday, September 18, 2018

Seneca quote on endurance

"Fortune lashes and mangles us: well, let us endure it: it is not cruelty, it is a struggle, in which the oftener we engage the braver we shall become. The strongest part of the body is that which is exercised by the most frequent use: we must entrust ourselves to fortune to be hardened by her against herself: by degrees she will make us a match for herself. Familiarity with danger leads us to despise it. Thus the bodies of sailors are hardened by endurance of the sea, and the hands of farmers by work; the arms of soldiers are powerful to hurl darts, the legs of runners are active: that part of each man which he exercises is the strongest: so by endurance the mind becomes able to despise the power of misfortunes." --Seneca ("Of Providence")

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Related quotes:

"There were two vices much blacker and more serious than the rest: lack of persistence and lack of self-control....Endure and Renounce." --Epictetus

"By endurance we conquer." --Shackleton Family Motto (“Fortitudine Vincimus”)

Tuesday, August 1, 2017

Practice and Training

"That’s why the philosophers warn us not to be satisfied with mere learning, but to add practice and then training. For as time passes we forget what we learned and end up doing the opposite, and hold opinions the opposite of what we should." -Epictetus (via The Daily Stoic)

"The person who has practiced philosophy as a cure for the self becomes great of soul, filled with confidence, invincible—and greater as you draw near." -Seneca (via The Daily Stoic)

The above quotes reminded me of Charlie Munger's Use-It-or-Lose-It Tendency from his "The Psychology of Human Misjudgment" speech. Why take the time to develop and curate a philosophy — on life, investing, diet/health, etc. — if one isn't going to practice it on a constant basis? As Munger wrote in his speech: 
All skills attenuate with disuse. I was a whiz at calculus until age twenty, after which the skill was soon obliterated by total nonuse. The right antidote to such a loss is to make use of the functional equivalent of the aircraft simulator employed in pilot training. This allows a pilot to continuously practice all of the rarely used skills that he can’t afford to lose. 
Throughout his life, a wise man engages in practice of all his useful, rarely used skills, many of them outside his discipline, as a sort of duty to his better self. If he reduces the number of skills he practices and, therefore, the number of skills he retains, he will naturally drift into error from man with a hammer tendency. His learning capacity will also shrink as he creates gaps in the latticework of theory he needs as a framework for understanding new experience. It is also essential for a thinking man to assemble his skills into a checklist that he routinely uses. Any other mode of operation will cause him to miss much that is important. 
Skills of a very high order can be maintained only with daily practice. The pianist Paderewski once said that if he failed to practice for a single day, he could notice his performance deterioration and that, after a week’s gap in practice, the audience could notice it as well. 
The hard rule of Use-It-or-Lose-It Tendency tempers its harshness for the diligent. If a skill is raised to fluency, instead of merely being crammed in briefly to enable one to pass some test, then the skill (1) will be lost more slowly and (2) will come back faster when refreshed with new learning. These are not minor advantages, and a wise man engaged in learning some important skill will not stop until he is really fluent in it.
And specifically in regards to investing, Tren Griffin added this in his book on Charlie Munger:
To be a successful investor, a person must regularly devote the necessary time and effort. Even if you once felt that you knew a lot about investing, it does not mean your skills are current. Maintaining a circle of competence requires constant work and diligence.

Thursday, May 25, 2017

Epictetus quote

The quote below, via The Daily Stoic, reminded me of the story Warren Buffett often tells about how Ben Graham used the process of mimicking the traits of those he admired, and avoiding the traits of those he disliked, to improve himself as a young man.

“Then what makes a beautiful human being? Isn’t it the presence of human excellence? Young friend, if you wish to be beautiful, then work diligently at human excellence. And what is that? Observe those whom you praise without prejudice. The just or the unjust? The just. The even-tempered or the undisciplined? The even-tempered. The self-controlled or the uncontrolled? The self-controlled. In making yourself that kind of person, you will become beautiful—but to the extent you ignore these qualities, you’ll be ugly, even if you use every trick in the book to appear beautiful.” —Epictetus

Monday, May 22, 2017

Prioritize...

From The Daily Stoic:
“When children stick their hand down a narrow goody jar they can’t get their full fist out and start crying. Drop a few treats and you will get it out! Curb your desire—don’t set your heart on so many things and you will get what you need.” —Epictetus 
...“Don’t set your heart on so many things,” says Epictetus. Prioritize. Train your mind to ask: Do I need this thing? What will happen if I do not get it? Can I make do without it? 
The answers to these questions will help you relax, help you cut out all the needless things that make you busy—too busy to be balanced or happy.

Thursday, March 9, 2017

Epictetus quote

Via The Daily Stoic:
“Remember to conduct yourself in life as if at a banquet. As something being passed around comes to you, reach out your hand and take a moderate helping. Does it pass you by? Don’t stop it. It hasn’t yet come? Don’t burn in desire for it, but wait until it arrives in front of you. Act this way with children, a spouse, toward position, with wealth—one day it will make you worthy of a banquet with the gods.” —Epictetus

Friday, December 9, 2016

Serenity and stability...

From The Daily Stoic:
“For if a person shifts their caution to their own reasoned choices and the acts of those choices, they will at the same time gain the will to avoid, but if they shift their caution away from their own reasoned choices to things not under their control, seeking to avoid what is controlled by others, they will then be agitated, fearful, and unstable.” —EPICTETUS 
...Epictetus is reminding you that serenity and stability are results of your choices and judgment, not your environment. If you seek to avoid all disruptions to tranquility—other people, external events, stress—you will never be successful. Your problems will follow you wherever you run and hide. But if you seek to avoid the harmful and disruptive judgments that cause those problems, then you will be stable and steady wherever you happen to be.

Sunday, October 23, 2016

Friedrich Nietzsche quotes on amor fati ("love of fate")

"My formula for greatness in a human being is amor fati: that one wants nothing to be different, not forward, not backward, not in all eternity. Not merely bear what is necessary, still less conceal it...but love it." - Friedrich Nietzsche (via Ecce Homo)

"I want to learn more and more to see as beautiful what is necessary in things; then I shall be one of those who makes things beautiful. Amor fati: let that be my love henceforth! I do not want to wage war against what is ugly. I do not want to accuse; I do not even want to accuse those who accuse. Looking away shall be my only negation." - Friedrich Nietzsche (via The Gay Science)

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Similar quote from Epictetus: 
"Do not seek for things to happen the way you want them to; rather, wish that what happens happen the way it happens: then you will be happy."
And another similar quote from Nassim Taleb in Fooled by Randomness: 
"Having control over randomness can be expressed in the manner in which one acts in the small and the large. Recall that epic heroes were judged by their actions, not by the results. No matter how sophisticated our choices, how good we are at dominating the odds, randomness will have the last word…..There is nothing wrong and undignified with emotions—we are cut to have them. What is wrong is not following the heroic or, at least, the dignified path. That is what stoicism truly means. It is the attempt by man to get even with probability…..stoicism has rather little to do with the stiff-upper-lip notion that we believe it means…..The stoic is a person who combines the qualities of wisdom, upright dealing, and courage. The stoic will thus be immune from life’s gyrations as he will be superior to the wounds from some of life’s dirty tricks."

Thursday, September 22, 2016

Links

Berkshire Hathaway Symposium: Panel 2 - Shareholders (5 videos) (LINK)

Richard S. Tedlow Leads the IBM 360 HBS Case (2008 video) [H/T @PlanMaestro] (LINK)
Professor Richard S. Tedlow of Harvard Business School and a Trustee of the Computer History Museum discusses the story of IBM, the leading technology company in the 1960s, taking a huge risk in developing a new family of computers -- a financial investment approximately three times its 1960 annual sales. In 1966, Fortune magazine called this "perhaps the riskiest business judgment" of the era. 
Oracle's Cloudy Future - by Ben Thompson (LINK)

Seth Godin on Creativity, Writer’s Block, and What It Sounds Like When You Change Your Mind (podcast) (LINK)

Edge #479: Infrastructure As Dialogue - A Conversation With Monica Smith (LINK)

What I like about the three great Roman Stoics - by Massimo Pigliucci (LINK)

Book of the day: How to Make a Spaceship: A Band of Renegades, an Epic Race, and the Birth of Private Spaceflight

Monday, August 22, 2016

Links

1977 WSJ article on Warren Buffett – "Investor Who Piled Up $100 Million in the ‘60’s Piles Up Firms Today" [H/T @iancassel] (LINK)

25iq: A Dozen Things Learned from Naval Ravikant about Investing, Business and Startups (LINK)

Jeff Gramm talks with  Barry Ritholtz on the Masters in Business podcast (LINK)
Related book: Dear Chairman: Boardroom Battles and the Rise of Shareholder Activism
The Brooklyn Investor blog: 13F Fun (LINK)

Latticework of Mental Models: The Zero Price Effect (LINK)

FASB Proposed Modifications to Hedge Accounting: Good Thing, Bad Thing, or Just a Thing? (LINK)

Seller’s Paradise: Companies Build Bonds for European Central Bank to Buy [H/T @jasonzweigwsj] (LINK)
The European Central Bank’s corporate-bond-buying program has stirred so much action in credit markets that some investment banks and companies are creating new debt especially for the central bank to buy. 
In two instances, the ECB has bought bonds directly from European companies through so-called private placements, in which debt is sold to a tight circle of buyers without the formality of a wider auction.
Pensions Play With Puts for Protection (LINK)
Some pension funds are seeking to profit from others’ fear. 
Pension funds in Hawaii and South Carolina are plying an arcane options strategy called cash-secured put writing. In a typical trade, the investor sells a contract, known as a put, to someone who owns stocks and is willing to pay up for protection in case they decline. If, within a certain time, the shares fall below a given price, the investor buys the stocks at that price, or covers their lost value.
The Spectrum Auction: How Economists Saved the Day (LINK)

The Bonfire of Venture Capital: The Good, Bad and Ugly Side of Cash Burn! - by Aswath Damodaran (LINK)

Uber’s CEO doesn’t think self-driving cars will cost jobs, and he might be right (LINK)

E-commerce is still really hard — even after Jet and Dollar Shave Club fetched $4 billion (LINK)

Ed Catmull on the This Week In Startups podcast (video) (Part 1, Part 2) [H/T Mike Dariano, who posted some great notes from Part 1 HERE.]
Related book: Creativity, Inc.
Trends in — and the Future of — Infrastructure (video) (LINK)
“Infrastructure is dead”, some say, thanks to cloud computing — and a couple large incumbents sucking out all the profits in this space. Er… not really. We’re actually entering a renaissance of sorts — a “golden era of infrastructure” — and it’s one that is biased towards startups. They’re the ones who have the unfair advantage, argues a16z general partner (and former Nicira co-founder/CTO) Martin Casado in this talk.
a16z Podcast: Pricing Free (LINK)

Email is Most Useful When Improving a Process that Existed Before Email (LINK)
Related book: Deep Work: Rules for Focused Success in a Distracted World
The Power of Writing About the Things You Read [H/T Abnormal Returns] (LINK)

Greek Buddha - by Massimo Pigliucci (Part 1, Part 2)
Related book: Greek Buddha: Pyrrho's Encounter with Early Buddhism in Central Asia
Epictetus: 254 Selected Quotes - by Massimo Pigliucci (LINK)
This is my personal collection of favorite quotes from Epictetus, covering all four extant volumes of the Discourses, the Enchiridion, and the known Fragments. Use them for inspiration and meditation. The pdf is searchable so that you can look for specific keywords, and if you’d like you can come up with your own selection of preferred citations, arranged by topics.
Entropy Explained, With Sheep [H/T @TimHarford] (LINK)

Book of the day: Beyond the Box: B.F. Skinner's Technology of Behaviour from Laboratory to Life, 1950s-1970s

Monday, August 8, 2016

Links

The Latticework blog has posted some excerpts from the Boyles Q2 letter, where we discussed Brexit as well as our new Greek holding.

Mental Model: Bias from Envy and Jealousy (LINK)

The Insurance Industry Has Been Turned Upside Down by Catastrophe Bonds (LINK)

Without Freddie and Fannie, could 30-year mortgage be a thing of the past? [H/T ValueWalk] (LINK)
Miamian Bruce Berkowitz has taken on a fight few would dare: He’s suing Uncle Sam. 
Berkowitz — whose mutual fund Fairholme Fund owns 14 percent of Fannie Mae and Freddie Mac preferred stock — is among a group of investors suing the U.S. government over the two government-backed mortgage insurance giants. They claim the U.S. Treasury Department illegally confiscated the companies’ earnings after their bailout, gutting the firms when it was supposed to rehabilitate them and setting a dangerous precedent for shareholders’ rights.
Mark Zuckerberg on the next 10 years of Facebook [H/T Barry Ritholtz] (LINK)

Jim Koch: "Quench Your Own Thirst" | Talks at Google (LINK)
Related book: Quench Your Own Thirst
Barry Ritholtz interviews Daniel Kahneman (podcast) (LINK)
Related book: Thinking, Fast and Slow
TED Talk - Anthony Goldbloom: The jobs we'll lose to machines — and the ones we won't (LINK)

Iridium: story of a communications solution no one listened to (LINK)
Related book: Eccentric Orbits: The Iridium Story
New Hardcore History podcast: Episode 58 – Kings of Kings III (LINK)

Long on Epictetus (Part 1, Part 2)
Related book: Epictetus: A Stoic and Socratic Guide to Life

Saturday, July 2, 2016

Seneca quote

From Moral letters to Lucilius - Letter 23 (Kindle):
Do you ask what is the foundation of a sound mind? It is, not to find joy in useless things. I said that it was the foundation; it is really the pinnacle. We have reached the heights if we know what it is that we find joy in and if we have not placed our happiness in the control of externals. The man who is goaded ahead by hope of anything, though it be within reach, though it be easy of access, and though his ambitions have never played him false, is troubled and unsure of himself. Above all, my dear Lucilius, make this your business: learn how to feel joy.
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Related quotes, which I've also added to the Stoicism quotes, thoughts, and readings page:
"People look for retreats for themselves, in the country, by the coast, or in the hills; and you too are especially inclined to feel this desire. But this is altogether unphilosophical, when it is possible for you to retreat into yourself at any time you want. There is nowhere that a person can find a more peaceful and trouble-free retreat than in his own mind, especially if he has within himself the kind of thoughts that let him dip into them and so at once gain complete ease of mind; and by ease of mind, I mean nothing but having one’s own mind in good order. So constantly give yourself this retreat and renew yourself. You should have to hand concise and fundamental principles, which will be enough, as soon as you encounter them, to cleanse you from all distress and send you back without resentment at the activities to which you return." —Marcus Aurelius 
"Practice, then, from the very beginning to say to every rough impression, ‘You’re an impression and not at all what you appear to be.’ Then examine it and test it by the standards that you have, and first and foremost by this one, whether the impression relates to those things which are within our power or those which aren’t up to us; and if it relates to those things which aren’t within our power, be ready to reply, ‘That’s nothing to me’." —Epictetus

Thursday, June 23, 2016

Stoicism audiobooks

For those interested, I noticed some new audiobook narrations have been made from the great works of Stoicism over the last few of months:

From Epictetus: 


From Seneca:




Previously, I had mentioned the audio versions of Seneca's letters that Tim Ferriss worked on with John Robinson to put together, which are linked to below. There was an audio quality issue with the "On the Shortness of Life" essay that was included at the beginning of Volume 1 which received some criticism (deservedly so). I'm not sure if it's fixed yet, but I don't believe the issue was widespread throughout the rest of the recordings. So what I'd recommend if you are interested in getting the letters is to listen to the sample of the version of the letters above, and then listen a sample of the ones linked to below, and see which narration your own ears prefer.




If you want to top off your library with the other well-known work of Stoicism, here is the narration I've liked best so far of the couple I've listened to:  Meditations - by Marcus Aurelius.

And if you want an overview of Stoicism before getting into the works of the key figures, William Irvine's A Guide to the Good Life: The Ancient Art of Stoic Joy is a good intro.

Friday, September 4, 2015

"Never leave that till tomorrow, which you can do today."

From The Discourses of Epictetus (4.12):
What, is it possible thenceforth to be entirely free from fault? No, that is beyond us; but this at least is possible: to strive without cease to avoid committing any fault. For we must be contented if, by never relaxing our attention, we manage to escape a small number of faults. But now, when you say, ‘From tomorrow I’ll pay attention,’ be clear that what you’re really saying is, ‘Today I’ll be shameless, importunate, and mean-spirited; it will lie within the power of others to cause me distress; I’ll lose my temper today; I’ll fall prey to envy.’ See how many evils you’re bringing down on yourself. But if it would be good for you to pay attention tomorrow, how much better it would be to do so today, so that you may be able to achieve the same tomorrow also, and not put it off once again until the following day.
And from Ben Franklin, in Poor Richard's Almanack:
To-morrow I’ll reform, the fool does say;
To-day itself’s too late; - the wise did yesterday.

Sunday, November 23, 2014

Links

Barry Ritholtz interviews Robert Shiller (LINK)

Jason Zweig on value in international stocks (LINK)

Richard Duncan on the McAlvany Weekly Commentary (audio) (LINK)
Related previous post: Richard Duncan: Why The Fed Will Launch Another Round Of Quantitative Easing
How Disney Turned ‘Frozen’ Into a Cash Cow (LINK)

Ryan Holiday on Stoic Week 2014 (LINK)
Related previous post: Stoicism quotes, thoughts, and readings

Friday, October 10, 2014

Links

Jason Zweig talks with Robert Shiller (LINK)

James Grant on CNBC (Videos: U.S. rates vs. equity value, Perspective on dollar strength, Headwinds facing Wall Street [with Robert Shiller], Jim Grant: Radical monetary policy doesn't work)

John Hempton: Spectrum valuation and a case for Verizon (LINK)

Importance of ROIC Part 5: A Glance at the Last 42 Years of Wells Fargo - By John Huber (LINK)

TED Talk - Dilip Ratha: The hidden force in global economics: sending money home (LINK)

2004 TIFF Commentary on lessons from the book Capital Account (LINK)
By popular demand, a fictional investment committee whose past deliberations have proven entertaining to many regular readers and illuminating to some returns to the TIFF stage this quarter. Focusing as itʼs wont to do on two deceptively similar fields of human endeavor — endowment management and a certain sport in which contrarian thinking also tends to be rewarded over time — the committee discusses energetically ... the lessons that fiduciaries might glean from a find new book on investing (Capital Accounts). 
Self-Scrutiny Applied with Kindness: Epictetus’s Enduring Wisdom on Happiness and How Philosophy Helps Us Answer the Soul’s Cry (LINK)
Related book: Art of Living: The Classical Manual on Virtue, Happiness, and Effectiveness

Tuesday, October 7, 2014

Links

An excerpt from Atul Gawande's latest book, Being Mortal: Medicine and What Matters in the End, which was released today (LINK)

The Empire of Edge: How a doctor, a trader, and the billionaire Steven A. Cohen got entangled in a vast financial scandal [H/T George] (LINK)

From the archive: A 1988 (printed in 1989) OID interview with Walter and Edwin Schloss (LINK)

More Accomplishment, Less Worry: Follow the Epictetus Square [H/T @CravenPartners] (LINK)
Related book: Enchiridion

Saturday, May 10, 2014

Stoicism quotes, thoughts, and readings

Here are the thoughts and quotes I’ve collected that relate to Stoicism that I review on a regular basis, for those that might be interested. And then at the bottom of this post are some reading recommendations for those looking to learn more.

Stoicism quotes and thoughts:

“He is a wise man who does not grieve for the things which he has not, but rejoices for those which he has.” –Epictetus

“Never have I put my trust in Fortune, even when she appeared to be offering peace; all those gifts she bestowed on me in her kindness—money, position, influence—I stored where she would be able to reclaim them with no disturbance to me.” –Seneca

“…the wise man is neither raised up by prosperity nor cast down by adversity; for always he has striven to rely predominantly on himself, and to derive all joy from himself.” –Seneca

"People look for retreats for themselves, in the country, by the coast, or in the hills; and you too are especially inclined to feel this desire. But this is altogether unphilosophical, when it is possible for you to retreat into yourself at any time you want. There is nowhere that a person can find a more peaceful and trouble-free retreat than in his own mind, especially if he has within himself the kind of thoughts that let him dip into them and so at once gain complete ease of mind; and by ease of mind, I mean nothing but having one’s own mind in good order. So constantly give yourself this retreat and renew yourself. You should have to hand concise and fundamental principles, which will be enough, as soon as you encounter them, to cleanse you from all distress and send you back without resentment at the activities to which you return." —Marcus Aurelius

"Practice, then, from the very beginning to say to every rough impression, ‘You’re an impression and not at all what you appear to be.’ Then examine it and test it by the standards that you have, and first and foremost by this one, whether the impression relates to those things which are within our power or those which aren’t up to us; and if it relates to those things which aren’t within our power, be ready to reply, ‘That’s nothing to me’." —Epictetus

William Irvine: “The Stoics were not opposed to emotion in general but to negative emotions such as fear, anger, and grief -- what sensible person wouldn't be? They saw nothing at all wrong, though, with the experience of positive emotions. Indeed, they strove to put themselves into a state of mind in which they could take delight in the world around them.”

Charlie Munger: 1) Never feel sorry for yourself (even if your child is dying of cancer); 2) Never have envy.

Nassim Taleb on Stoics and Stoicism:

“Having control over randomness can be expressed in the manner in which one acts in the small and the large. Recall that epic heroes were judged by their actions, not by the results. No matter how sophisticated our choices, how good we are at dominating the odds, randomness will have the last word…..There is nothing wrong and undignified with emotions—we are cut to have them. What is wrong is not following the heroic or, at least, the dignified path. That is what stoicism truly means. It is the attempt by man to get even with probability…..stoicism has rather little to do with the stiff-upper-lip notion that we believe it means…..The stoic is a person who combines the qualities of wisdom, upright dealing, and courage. The stoic will thus be immune from life’s gyrations as he will be superior to the wounds from some of life’s dirty tricks. But things can be carried to the extreme; the stern Cato found it beneath him to have human feelings. A more human version can be read in Seneca’s Letters from a Stoic, a soothing and surprisingly readable book that I distribute to my trader friends.....Good, enlightened (and “friendly”) advice and eloquent sermons do not register for more than a few moments when they go against our wiring. The interesting thing about stoicism is that it plays on dignity and personal aesthetics, which are part of our genes. Start stressing personal elegance at your next misfortune. Exhibit sapere vivere (“know how to live”) in all circumstances…..The only article Lady Fortuna has no control over is your behavior.”

“Seen this way, Stoicism is about the domestication, not necessarily the elimination, of emotions. It is not about turning humans into vegetables. My idea of the modern Stoic sage is someone who transforms fear into prudence, pain into information, mistakes into initiation, and desire into undertaking.”

“Seneca also provides us a catalogue of social deeds: invest in good actions. Things can be taken away from us—not good deeds and acts of virtue.”

“So far, that story is well known, and we have learned to move from the left of the Triad (fragile) to the center (robust). But Seneca went beyond…. He said that wealth is the slave of the wise man and master of the fool. Thus he broke a bit with the purported Stoic habit: he kept the upside…. In my opinion, if previous Stoics claimed to prefer poverty to wealth, we need to be suspicious of their attitude, as it may be just all talk. Since most were poor, they might have fit a narrative to the circumstances (we will see with the story of Thales of Miletus the notion of sour grapes—cognitive games to make yourself believe that the grapes that you can’t reach taste sour). Seneca was all deeds, and we cannot ignore the fact that he kept the wealth. It is central that he showed his preference of wealth without harm from wealth to poverty…. Seneca even outlined his strategy in De beneficiis, explicitly calling it a cost-benefit analysis by using the word “bookkeeping”: “The bookkeeping of benefits is simple: it is all expenditure; if any one returns it, that is clear gain; if he does not return it, it is not lost, I gave it for the sake of giving.” Moral bookkeeping, but bookkeeping nevertheless…. So he played a trick on fate: kept the good and ditched the bad; cut the downside and kept the upside. Self-servingly, that is, by eliminating the harm from fate and un-philosophically keeping the upside. This cost-benefit analysis is not quite Stoicism in the way people understand the meaning of Stoicism (people who study Stoicism seem to want Seneca and other Stoics to think like those who study Stoicism). There is an upside-downside asymmetry. That’s antifragility in its purest form.” [note to last sentence: “And for those who believe that Zeno, the founder of Stoicism, was completely against material wealth, I have some news: I accidentally found a mention of his activities in maritime financing, where he was an involved investor, not exactly an activity for the anti-wealth utopist.”]

Only focus on what you can control. You cannot control what others say or how they act. You can only control how you react.

Negative visualization. Imagine losing the comforts of your life and the people and things you love and enjoy. And remember that one day you will lose them; either through misfortune or death.

From dust to dust. We came from the dust of stars and will return to dust one day. Remember that you will eventually die, and that it could happen at any time. Do not dwell on this fact, but reflect on this reality as a way to help you live.

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Some people may prefer to go straight to the classics below, which I can’t argue with, but for those that want a good initial overview, I recommend William Irvine’s A Guide to the Good Life: The Ancient Art of Stoic Joy. Ryan Holiday’s book, The Obstacle Is the Way: The Timeless Art of Turning Trials into Triumph, is a bit of a more popularized intro. There is a also an online course from Wondrium called Think like a Stoic: Ancient Wisdom for Today's World. 

Of the classics, I’d start with these 3 as an intro the main Stoic figures:


Epictetus: Discourses and Selected Writings (including the Enchiridion, which is the place to start before getting into the rest of the Discourses)

Marcus Aurelius: Meditations 

While Seneca, Epictetus, and Marcus are generally considered “The Big 3”, Musonius Rufus may be the Big 4th, so it may be good to go to him next:

Musonius Rufus: Lectures and Sayings 

Another worthwhile addition is The Moral Sayings Of Publius Syrus: A Roman Slave.

And then if you want to get a little deeper with Seneca and Epictetus:




There are also some great audiobook narrations of Seneca's key works:
The Moral Epistles: 124 Letters to Lucilius
On the Shortness of Life, On the Happy Life, and Other Essays: Essays, Volume 1 
On Anger, on Leisure, on Clemency: Essays, Volume 2 
And audiobooks for Epictetus' Enchiridion & Discourses as well as Marcus Aurelius' Meditations.

Henry Hazlitt also put together a nice collection from the Big 3: The Wisdom of the Stoics: Selections from Seneca, Epictetus, and Marcus Aurelius

Tim Ferriss also posted one of Seneca's great essays: On The Shortness of Life. And Ferriss compiled a great 3-volume set on Seneca's letters and some modern Stoics called The Tao of Seneca: Volume 1, Volume 2, Volume 3. 

There is also a lot of Stoic wisdom in Schopenhauer and Frankl:

Arthur Schopenhauer: Essays and Aphorisms 

Viktor Frankl: Man's Search for Meaning 

Jim Stockdale is another more recent Stoic: Thoughts of a Philosophical Fighter Pilot 

On the fiction side of things, Tom Wolfe’s A Man in Full is one to check out. As is Zorba the Greek. 

And Nassim Taleb discusses Stoicism in parts of his books (some of which is quoted in the upper part of this post):




……………

And finally, Rudyard Kipling’s poem If, which has a Stoic tone to it.

If—By Rudyard Kipling

If you can keep your head when all about you  
    Are losing theirs and blaming it on you,  
If you can trust yourself when all men doubt you,
    But make allowance for their doubting too;  
If you can wait and not be tired by waiting,
    Or being lied about, don’t deal in lies,
Or being hated, don’t give way to hating,
    And yet don’t look too good, nor talk too wise:

If you can dream—and not make dreams your master;  
    If you can think—and not make thoughts your aim;  
If you can meet with Triumph and Disaster
    And treat those two impostors just the same;  
If you can bear to hear the truth you’ve spoken
    Twisted by knaves to make a trap for fools,
Or watch the things you gave your life to, broken,
    And stoop and build ’em up with worn-out tools:

If you can make one heap of all your winnings
    And risk it on one turn of pitch-and-toss,
And lose, and start again at your beginnings
    And never breathe a word about your loss;
If you can force your heart and nerve and sinew
    To serve your turn long after they are gone,  
And so hold on when there is nothing in you
    Except the Will which says to them: ‘Hold on!’

If you can talk with crowds and keep your virtue,  
    Or walk with Kings—nor lose the common touch,
If neither foes nor loving friends can hurt you,
    If all men count with you, but none too much;
If you can fill the unforgiving minute
    With sixty seconds’ worth of distance run,  
Yours is the Earth and everything that’s in it,  
    And—which is more—you’ll be a Man, my son!


Tuesday, February 18, 2014

Epictetus quote

“Every habit and faculty is formed or strengthened by the corresponding act - walking makes you walk better, running makes you a better runner. If you want to be literate, read, if you want to be a painter, paint. Go a month without reading, occupied with something else, and you'll see what the result is. And if you're laid up a mere ten days, when you get up and try to talk any distance, you'll find your legs barely able to support you. So if you like doing something, do it regularly; if you don't like doing something, make a habit of doing something different. The same goes for the affairs of the mind.” -Epictetus, Discourses 2.18 (Source)

Tuesday, December 24, 2013

Epictetus quotes

"Men are disturbed not by the things which happen, but by the opinions about the things."

"Seek not that the things which happen should happen as you wish; but wish the things which happen to be as they are, and you will have a tranquil flow of life."

"Whoever then wishes to be free, let him neither wish for anything nor avoid anything which depends on others: if he does not observe this rule, he must be a slave."

Friday, July 10, 2009

The Wisdom of the Stoics: Selections from Seneca, Epictetus, and Marcus Aurelius

Frances and Henry Hazlitt (yes, the author of the great Economics in One Lesson) put together this wonderful compilation of wisdom from three great Stoics. I found this a little while back and Miguel's post from earlier today inspired me to finally get around to putting it up.


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Related books (the main works by the three Stoics are available for free online in various places as well):


Marcus Aurelius: Meditations


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