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Teachings of Ayn Rand with Yaron Brook - heroicinvesting - heroicinvesting
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Teachings of Ayn Rand with Yaron Brook



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Gary Pinkerton is joined by Yaron Brook, host of The Yaron Brooks Show and former Executive Director of the Ayn Rand Institute and current Chairman of the Board. Gary explains how, when we left the service, he struggled with disliking big government. He explains that when he discovered Ayn Rand, things fell into place. Yaron clashes with Gary’s feelings on the military and government, explaining that the self is the most important thing you can be true to. He discusses how our self values will benefit society. He ends the show with a couple of decisions you need to make before becoming a public servant.

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Welcome to the heroic investing show. As first responders we risk our lives every day our financial security is under attack. Our pensions are in a state of emergency. A single on duty incident can alter or erase our earning potential instantly and forever. We are the heroes of society. We are self reliant and we need to take care of our own financial future. The heroic investing show is our toolkit of business and investing tactics on our mission to financial freedom.

Gary Pinkerton 1:32
Welcome to the heroic investing show a podcast for first responders, members, the military, veterans, and anyone looking to improve their financial future and gain some freedom with their time. We teach America’s heroes how to build passive income, build their startup business and safely grow wealth through real estate and other alternative investments. We have current and prior first responders put protections systems and a team in place to help them build a life where they can focus on their passion, that service or product that they’re uniquely gifted to share with others, making the world a better place for all of us. My name is Gary Pinkerton and I co host this show with Jason Hartman. This is Episode 172. Today, we have the distinct pleasure of having Juran Brook with us is a host of a well known radio show. He’s a world class speaker, and an author. His podcast can be heard on the Juran Brook show at blogtalkradio. Speaker and on YouTube, but he’s most known for his time as executive director of the iron Rand Institute for 17 years from 2000 out until 2017. And he still remains chairman of the board of the iron Rand Institute, and its primary spokesperson. As I mentioned, he’s in tremendous author, some books he has written with Mr. Don Watkins, in pursuit of wealth, the moral cause for finance, that book makes the case that few industries are more vital to our prosperity, and more maligned than the financial industry. They also wrote a great one in 2012, called Free Market Revolution, how Iran’s ideas can end big government. So he’s not a huge fan of big government, as you can imagine. And I got to tell you, that speaks to me. And that, for me, felt extremely hypocritical for you know, several months, maybe a couple of years. But as I was transitioning from command and doing my five years in big government in the DC area, I started to do something that I had not done in years, I started to study what the founding fathers meant, what they intended. I stood there and read the inscriptions on the monuments as I would go running at lunchtime. And I started to wonder if the government’s a little too big. Is this actually good for us? Is it moving in the direction that our founding fathers wanted? So I started reading a lot of iron rands work, and I was extremely pumped to have Mr. Juran Brook on on this show. But as you’ll hear, in this episode, he takes me to task he takes all of us who are service providers, or who are focused on service to others in our day job to task with the concept that and I knew this certainly knew this about ein Rand with having read and most of her works, that she believes that the individual that self is the one that you should serve, you should always make decisions that are in your best interest in the best interest of your entity of your being. And that can certainly be taken wrong, right? It can be taken as being self serving, being selfish, right? And that’s really not what it means. What it means is that there is no other person out there that is more important, more capable of making a huge difference than you then yourself. And so always serving others without allowing that to have any impact back to yourself is not going to be successful and should not be where the focus is. So I find It amazing, but I bet you’ll see he took me to task. I found it to be fascinating and very engaging episode. So it’s certainly a little different than some of my other ones not quite as comfortable as bringing on a fellow military guy and kicking back stories about our time at the academy or in the military. But I learned a tremendous amount and I’m forever grateful for your on spending some time with us. So I really hope you enjoy this. Everyone, please dial up the volume there pay attention. And let’s get into this episode with Mr. Juran, Brooke. Well, everyone again, as I mentioned in the introduction, I’m a very, very big fan of what you’re on has done with the Institute. He was Executive Director for many years. Did I get the right title? Eric director, I think right. Yeah. But

Yaron Brook 5:44
Executive director. Yeah,

Gary Pinkerton 5:46
yeah. And now chairman of the board. I’m super excited as you can all hear my voice to have this gentleman coming to our audience. And he’s, we’re gonna have the pleasure also those of you that, that listen to the wolf, Santa’s radio from Patrick Donahoe program live very close friend of mine, there’ll be on that show, and probably talking about a little bit different topics. But I’m just extremely excited and blessed to have Iran on with us today. Dr. Brooke, thank you so much for joining our audience. Oh, my pleasure. Good meeting you beforehand, we had an opportunity to talk a little bit about what our topics might be today and they’re just so many that I would love to go down the path of I was just I was just mentioning to to him off off the air here that I just read anthem. And I’m you know, in Atlas Shrugged is by far my favorite book of everything out there, you know, creature from Jekyll Island and many others are just fantastic. But that one is by far my highest anthem was just a wonderful addition to it Fountainhead. You know, even before the Institute, could you give the audience just a couple moments of you know, how you ended up there and I think I’m, you know, I mentioned in the introduction, a little bit about your military history, but love to hear that from your side.

Yaron Brook 6:55
Sure. I mean, I when I was 16, I was a I was a real committed socialist. I was a committed collectivist tribalist, I would even say I was completely ready to sacrifice myself for the Israeli state and and then somebody handed me a copy of Atlas Shrugged, kind of out of nowhere, friend of mine just just handed me this book. And I landed up reading it and fighting it and disagreeing with it and not wanting to accept the message of the book. And, and I remember if you’re throwing the book against the wall and yelling at Ayn Rand, and this, of course, in my little bedroom in, in Haifa, Israel. You know, by the time I finished the book, that was it, I was convinced she was right. The rest of the world was wrong, which she was advocating philosophy who ideas were right. And I had to rethink everything. I had to rethink my life. Either. We think my values, I had to rethink my commitments that have rethink my virtues. I really had to rethink everything about my life, and I did that. But in the meantime, you know, you’re in Israel, you were a kid. And And part of what you have to do is serve in the military at age 18. You have no choice. And at age 18, I joined the military landed up in military intelligence, and served there for three years, and met my wife in the same shoes in the same unit as I was in military intelligence during the 1982. War in Lebanon. So I got to experience a little bit of what a war looks like, from the side of at least an intelligence and intelligence soldier. So that was an interesting experience. We can talk about that if you want. And then they went on from there to get an undergraduate degree in Israel in engineering. I know you’re an engineer, I’m a civil engineer you you’re much more sophisticated than I am mechanical. I mean, that’s, that’s

Gary Pinkerton 8:43
at least the title is, oh, it’s

Yaron Brook 8:45
I know that I know the material you had to study to get this. So it’s quite an achievement. And then, after I read Atlas Shrugged, really, one of the decisions I made, one of the value decisions I made was that I wanted to live in the United States. And one of the first things I asked my wife when we were dating was, hey, I want to leave Israel and move to the US. And she said her response was, you know, when do we leave, so I knew this was gonna go well, and so we landed upside let it up moving to the US after I finished my undergraduate degree, and after she finished tours, I came and got an MBA, landed up getting a PhD in finance, becoming a finance Professor out at Santa Clara University for seven years, and then was recruited by the EIN Rand Institute to become the CEO, the executive director in 2007. in their office 17 years, that’s painful to say. With for 17 years I really am that old and then have been chairman of the board since and continue to speak worldwide on I man’s ideas, continue to have my own podcast you on book show, YouTube channel the channel and try to get her ideas to the widest and broadest audience possible. That’s really what I do. Today now on the side, I have to add on the side since 1998, I’ve also been a partner in a hedge fund. And so that’s where the income has come from primarily. So from 98 into today, I’m a partner in a hedge fund.

Gary Pinkerton 10:14
Okay understood, is there a niche that it’s investing in

Yaron Brook 10:17
just how to get I think there’s a there’s a very, very, very Nishi fund based on research My partner and I did when we were finance professors at Santa Clara University. So it’s published research in the journal in some of the top journals in finance. At some point, we were approached by a large hedge fund and asked whether we could take that research and turn it into a trading opportunity. We did that for them for 10 years, and then went out went our own way and created our own fund in 2010. And that’s the fun we have today. The Nisha is small community bank, so we can basically buy and sell long and short small community banks, and we’re very good at it. 

Gary Pinkerton 10:56
You’ve done well, fascinating. I could go so many directions with that question. No.

Yaron Brook 11:01
Challenge is there’s only so much I could say as well given. See, you know, we’re heavily heavily regulated, we can talk about that. Patients, anybody who does finance in any kind of institutional way has to go through and the pain and the headache that those regulations entail, but part of it is I have to be very careful in how I speak publicly about the fund. Nothing I do can be construed as marketing the funds, so I have to got it right. Well,

Gary Pinkerton 11:27
you don’t ask me where I took my submarine. I won’t ask you anymore. 

Yaron Brook 11:29
No, I’m not gonna ask you. We took a submarine. No, I’m curious. So although I could probably guess, given the answer, you can give me that I could probably tell you some stories about where we’re seeing Israeli special forces that they’re training in which desert they happen to be dropped into and picked up in. I mean, you could I’m sure you know, more than I do. But, boy, I can just imagine where you took your submarine.

Gary Pinkerton 11:54
And I certainly am excited to go in and listen to your podcasts. I’m certainly I’m definitely a podcast junkie. And I learned a lot. So I will would push the audience that way as well. So we got a lot of people who are in, you know, government service, uniform, active duty, or our veterans, and some of this might rub them the wrong way. Some of the stuff that I say might do that. So maybe not maybe they’ve already long ago given up this show. But I also see a distinct parallel with firefighters, police officers, we all just kind of think the same. And I think it’s because of the way in which we come to our job and stay with this kind of painful sometimes job and dangerous job out of service. Right. And so one of the things that as I started to transition from, even as an officer, you know, you’re a follower for a period of you’re always following someone, right? There’s always someone above you, but you kind of become this decision maker and leader. And certainly when you have command, you have the opportunity to the true blessing that to have command at some point, you’re a leader on your own making the kind of the final decision sometimes. But nonetheless, I’ve kind of felt like, there’s two things that you make a decision about when you’re in the military and or in a position of service public servant. One is just the pure ideal of serving others and serving your fellow man and those that you know, protecting those that you love. And I think that’s a very easy decision. And I think just about every level, that’s honorable, and then you get to a point, where do you want to lead and further the political ideals of your country? And that’s a completely different discussion, right? I guess one of the things I would say is, we all have to make that decision as we go through life. And I believe that everyone who decides to join is taking on the risk of putting themselves at risk to serve others that they love and believe in, sometimes its ideals as well. But you know, I think bottom line, I’m very proud of everyone who serves, I’m sure you are as well. But eventually, it’s hard on you,

Yaron Brook 13:36
I think why people serve is important, I think the motivation for why they serve is important. And I think too many people get caught up in in a couple of things. One is, you know, to get caught up too much in the service for the sake of service. So I’m going to challenge you here a little bit. At the end of the day, your highest moral responsibility, in my view, as an individual is to live to live a good life to make the most of the one life you have on this planet. And to really flourish and to follow the values that are gonna make you the best human being you can be for some people that involves, you know, the kind of dangerous activities that the military engages a firefighter engages in, and others engaging but for others, it doesn’t fathers have a different path. And I don’t think any particular path is more honorable than the other path. It really depends on your values as an individual. I also think that a lot of people go into the military for the wrong reasons. They go into the military because they think it’s going to be cool to shoot big guns. And I don’t think that many like that, but I think there’s some they go into the military because they think that their highest moral duty is to serve their country. It’s to serve a goal bigger than themselves. Okay. I don’t think that’s good. I don’t, I don’t think there is a goal in the end at the end of the day bigger than you. I think you are the highest goal. Now that doesn’t mean you Don’t risk your life sometimes for the sake of people you love for the sake of people you care for ideas. You think incredibly valuable, that unnecessary for human survival. But I think that if your goal is the nation, the state, that’s probably not good, right? That’s not good. that’s problematic. So I think even our terminology when we talk about this, when we talk about service when we talk about what that means, is tricky, because that service could be motivated by what a man called altruism, what the culture calls altruism, which is self negation, and the willingness to sacrifice for something outside some, whether it’s mystical, or whether it’s collectivistic, or something like that. Also, this can just mean in pursuit of one’s own values. And those values only include other people. So you’re serving other people, but not as a contradiction to your values, not for something greater than yourself, but for yourself. Yeah, is it in your self interest to serve others, because service to others, supports your values in your life?

Gary Pinkerton 15:57
There’s a lot of people obviously, during Iran’s life, there were a lot of people that were very outspoken against this idea of, you know, objectivist, or not so much that but also serving your own needs in that it was selfish, right? And selfish. She believes that selfishness has a purity, and yet really come out in answer

Yaron Brook 16:16
selfish, right, she embraced it from selfish. It’s selfish means taking care of self simple definition, selfish, taking care of self. And then the question is, and she says, This is the question of morality? This is the question that ethics must solve the science of ethics has to solve this question. What does it mean to take care of yourself? What are the actions you must take? What are the values you must pursue, to take care of yourself in the deepest, most meaningful, most substantial way, not in the superficial way of I need food, you know, I need some money or whatever, but in the deep, spiritual and material way, what are the things that you must value in order to take care of yourself? So she embraced the idea of selfishness when it meant the values and virtues that truly objectively based on reality and the nature of man, truly make us happy, successful, individual human beings? And it’s not easy to figure out what those up,

Gary Pinkerton 17:17
I was gonna say you wanted

Yaron Brook 17:20
one of us as individuals, yeah, this is why we need philosophical guidance. This is why having a philosophy having a way of thinking about the world is so crucial. And what a man does is she gives us a map a guide, to living our lives to going out there and executing on living the best selfish life possible, pursuing the right kind of values into by kind of coaches.

Gary Pinkerton 17:48
Yeah, and, and I think it would be unreasonable to believe that every person who enters military, for example, or service to others would, would stay aligned perfectly forever, just like anyone who starts working at Procter and Gamble is not going to stay aligned with the company forever, there’s a period of time where their personal interests are being served. Maybe Maybe that’s, you know, growing their family, because that’s important to them selfishly again, right, that’s, that’s, you know, part of their philosophy is to raise other, you know, beans and impart on them, you know, give them a good opportunity to grow. So, so the company pays them or the military pays them, but there’s a point where things are not going to be perfectly aligned. And then you have to, I believe, I mean, I’d love to hear your side, but that’s when having the philosophy understanding what’s truly important to you, gives you the signal of, hey, it’s time for me to move on.

Yaron Brook 18:39
Yeah, so I definitely think that’s, that’s, that’s correct, that you you know, once you have if you have a clear set of values, if you know, what you believe is good for you, well, you know, where you want to take your life, then you know, what a regular intervals one should evaluate one’s own life to figure out Am I on the right path. And and what Rand teaches us is the guide to determining all that is is using reason is using our rational faculties, thinking is taking in all the evidence that we have, plotting out where we want to go and and figuring out what the right path is figuring out rationally not going based on emotions not going on based on what our mother wants, or what the group wants or what our friends wants. But But what a family wants, but really figuring out what is the right course for me to take at this point in my life, and it based on on on one’s values? And I think one should do that on a regular basis. I think I often say that one of the advantages of kind of the holiday season, you know, between Christmas and New Year, is to really take some time off and to really think about, okay, what do I want to do next year, what widow Am I on the right path? And if I am great, then I just continue but can I tweak it or do I want to make dramatic changes? Is this the right direction. You know, I every day you live You’re never gonna get back. Right? Every moment you live, you’re never gonna get back. This is a one journey. It’s one directional and taking full advantage of it is what I think that the real challenge in life is in figuring out how to do that is not easy.

Gary Pinkerton 20:18
Yeah, that that is absolutely true. And I completely agree with you on on that week, that’s just an amazing period of time, at the end of the year, the beginning of the next year, it just kind of gets your intellectual juices flowing, I guess. I mean, it’s when it’s when I picked up anthem and read it. I mean, it just, uh, I’m glad that that anthem was not my first book that I read from iron Rand, because that one can be a bit like in your face. And I remember I loved her comments that you know, about the history of publishing it. And, you know, the first American publishers sent back a note that says the author does not understand socialism. And, and all we can see, you know, if you were not open minded, this one was, that was a bit in your face. But But, you know, Atlas Shrugged was such a wonderful weaving of a novel and messages. And I loved your story about your reunion at age 16,

Yaron Brook 21:08
which you should read the book, it’s one of those books that it’s an American classic, every American should read it and that on the fountainhead two books, that I think every college students, every 20 year old, in your case, may be a little even older, you know, everybody should should read it, because it is whether you agree with it or not, at the end of the day, it’s going to challenge you, it’s gonna push you, it’s gonna force you to better understand your own values and your own perspective on life. And to really make sure that that kind of, you know, what you’re doing with your life, and nothing is more important than that nothing is more important than really that self reflection, and figuring out, is this the right direction? Am I pursuing the right values? What should be my values, and really focusing on what is good for me, you know, again, we live, we spend 90 100 years maybe if you’re younger, 120 years on this planet. Hopefully, if biomedicine continues at the pace it’s going and figuring out how to make the most of that that’s the bottom line how to, you know, to steal something from the army, you know, how to be the best that you can be right? How to really be the best that you can be at living, not any particular profession, but just living. And I think Atlas Shrugged, pushes you in that direction, and challenges you to really think that through it.

Gary Pinkerton 22:29
Yeah. And there’s a lot of other great messages in there about no entitlements and everyone

Yaron Brook 22:33
that has political message that is that right? It’s because if we take personal responsibility for ourselves, if our life is the most important thing to us, and we and the people we love, right, the people around us, because we love them are crucially important to our life, then what kind of world do we want to live in? If we have the capacity to understand the world, if we have the capacity to live our world if we have the capacity to make the best of our life? What kind of political world do we want to live in? Well, every individual like that, who, who is striving to make their life the best life that it can be once to be free. Right? You want to be able to make decisions for yourself. You don’t want mother government sitting on your shoulders, Oh, don’t eat that. Don’t drink that don’t start that business. Don’t pay your employees that much. You know, you want to be free to make decisions for yourself. And that’s capitalism, capitalism. All it is, is a system of freedom. It’s a system that leaves individuals free to make decisions about a life for themselves. And as long as you’re not hurting somebody else, as long as you’re not violating other people’s rights. As long as you’re pursuing your values rationally, free of coercion. You should be left alone. It’s nobody’s business. And that’s the bottom line of the of Iran’s politics, its freedom.

Gary Pinkerton 23:44
Iran, do you think we’re making progress? Do you think we are getting to a permanent peaceful world out there? It’s been a while since World War Two, you know, and there’s a little conflicts around the world. But what do you think? Or is it is it catching on? Is the internet and internet freedom of information and all that? are we helping?

Yaron Brook 24:00
So it’s definitely catching on? There’s no question. It’s catching on. But it’s catching on slowly. And it’s catching on among individuals. I wouldn’t say that it’s catching on to a point where it’s having big political impacts. Now, I think I mentioned already had political impacts. I don’t think ronald reagan could have been elected. If not atlas shrugged and Iran. I don’t think that the world would have moved so far towards freedom and liberty. And if you look around the world, we’ve moved a long way towards freedom not in the United States, the rest of the world without kind of the guiding light of an iron Rand and the spirit that is projected in atlas shrugged. I think we’re losing the battle in the United States. I think we’re moving towards more statism, more authoritarianism, more collectivism, more tribalism, less reason more emotion. So I think we’re losing the battle. But even in the US more people reading books, more people engage in the ideas more people are interested than ever before. It just won’t be enough to have an impact here on the coast. On the border culture, I think we will, I think in the end, we will win the end might be decades in our future, but at the end, we will. I do think in a broader sense, you mentioned there will be peaceful. I do think the world is more peaceful. I think in a broader sense, the ideas of the Enlightenment, the ideas that view individual human life as a value, as the prime value. Those ideas really dominate the world out there in profound ways, not at a deep level, not as far as I would like them to go. You know, 50 years ago, if you traveled around the world and asked people, well, let’s, let’s start with 300 years ago, 30 years ago, if you’d asked anywhere in the world, who does your life belong to? People would have said the King, the state, the country, the nation, the tribe, nobody would have conceived of the idea that your life belongs to you. 50 years ago, in the West, everybody would have said, Oh, my life belongs to me. Even in in Europe, people say bye, like belongs to me, they have a misconception what that actually means politically, but they identify their own life as a crucial value today, but but if you’d gone then to the Soviet Union, with China, too much of Asia, they would have said, my life belongs to the party, right? Today, if you go to China, and ask people who does your life belong to? They will say me, wow, seriously, nom? And ask people who does your life belong to? They would say me, if you go to Russia, and you ask them, who does your life belong to? They will say me, again, they don’t fully understand what that means. They don’t fully understand the political implications so that they don’t fully understand what freedom implies. But they get the fundamental notion of the sanctity of their own life. And now we have to work on Okay, what do you take that? What does that mean? And and that’s true everywhere, almost everywhere in the world, there is the entrenched collectivism, that idea that you’re like, belongs to this other entity that has been routed out to a large extent. Now, unfortunately, it’s coming back. And, you know, like, in the United States is this trend towards collectivism and so on, but, but it’s nowhere near what it was even 50 years ago, and it’s certainly nowhere near where it was 300 years ago. So the Enlightenment has changed, that it’s fundamentally changed that and then if you go, you know, think that there’s more people free today than ever in human history, free to make their own decisions about work, about marriage, about the life politics, we still got a long way to go and places like China, but but certainly China people up 1000, you know, so much more free than they were, you know, when they were real communists, uh, you know, 50 years ago. You know, with the exception of Iran and North Korea and Venezuela and maybe Cuba. You know, people are people are freer than they used to be in significant ways. So so there’s definitely been a movement towards, towards that, which I think is quite positive. The world keeps getting richer, we keep getting, we keep getting fancier technologies, we, you know, life is becomes easier from material perspective. But they are big challenges in front of us, particularly I think, in the West are their big challenges they wield is fuel opposition to our way of life, and we’re gonna have to fight for this, this is the we’re not going to be able to preserve what we have, and keep expanding the realm of freedom without a real fight on our hands.

Gary Pinkerton 28:33
You know, and I believe this is probably a stretch, in my opinion, is that as long as information remains available, that people can read things like Iran, they can they can read works other than what’s just in the newspaper, right, then then we have the ability to personally think and the freedom to make our own kind of decisions and speak freedom of speech and being able to read, I think we have a fighting chance.

Yaron Brook 28:57
Absolutely. This is why freedom of speech is probably the most important issue of our time. That availability of information is probably the most important issue of our time. Because once you freedom speech goes, then the only means for changes is is war, right? The only means to change is revolution armed revolution. I don’t I’d rather have an intellectual revolution and an armed revolution. We both know, that battle is that war is a very, very nasty business. It’s a very, very, very unpleasant business. Sometimes you have to do it, but you never want to, you never want to be an advocate for it, unless it’s absolutely necessary. So I would much rather we win this at the intellectual front. But once you lose free speech, there’s nothing left but I agree with you, as long as ideas can keep circulating, and this is what I’m seeing outside the US. What I’m seeing outside the US is I’m and over the last 20 years has been translated into almost every language on the planet, right? She’s in Chinese, she’s in Vietnamese. She’s in Mongolian. She’s in every Eastern European language and What you’re seeing is a rise in interest in iron Rand in all these countries, every single one of these countries, you’re seeing a dramatic rise in interest in Iran’s ideas. Whereas in the United States, it’s kind of flat. everywhere else. It’s, it’s, it’s exploding. And that I think, is going to be the continued trend. I think that I don’t know where the revolutions going to happen. I don’t know who you know, from what country the next genius philosopher and x genius economist and x genius promotive ideas is going to come from. We live in a very international world, one of my fears about, you know, the this attack on immigration and attack on trade is, you know, a fear that we become isolationist, you know, that we drop the global perspective that I think is so beneficial to Americans, so beneficial to the world, this idea that ideas can come from anywhere, innovation can come from anywhere, that that that, you know, interacting with people across the world doesn’t mean all cultures are equal, the not some cultures are much better than others, we happen to have the best, you know, we should be proud of that. And we should be advocating for that. But it doesn’t mean that there’s value everywhere in the world. And we should recognize that and we don’t know where the next great idea is going to is going to come from. So I sign I’m inspired by the fact that the internet has no borders and, and is has this international global reach. And that people all over the world have been inspired by these ideas and are making their lives better. And by making their own lives better than making the world around them better as well and thus making the world for us better.

Gary Pinkerton 31:42
Yeah, I this is not a comment about objectivism or individualism, it is, is simply because it’s it’s a comment about social social pressure, right. And I believe that social pressure is having a good impact, whether that’s where we really want people to go or not, meaning that people are being held accountable, because everything they do is visual or visible, it’s been recorded it you know, it’s not private anymore, you can’t beat your spouse in private anymore and get away with it. Right. And you can’t be North Korea, and think that you can just lie to your country and that no one’s ever gonna figure it out. Right. It’s just not reasonable anymore. And I believe that’s getting us towards a much better world a much more peaceful world.

Yaron Brook 32:21
I mean, I think that’s right, I you know, I worry about what is it in China, now they have a social score, yeah, technology to monitor all of your behavior, everything you do online, offline, they’ve got cameras with facial recognition, and they track you go, and then you get a score. And based on that social score bit how well you behaved based on the criteria of the of the audience, that you you get a loan, or you don’t get a loan, you start a business, so you can’t start a business on that scary. So technology can be flipped and used against us. Yeah, for the most part, I agree with you technology is is is enabling, enabling us to have a free a better, more peaceful, more individualistic world out there. And I hope and I believe that that trend will continue. And what we need to do is find in noble that people in China to fight that trend. So I’m hoping to be in Shanghai later this year to talk against it. Well, we’ll see what happens. fascinating, fascinating. Well, yeah, Ron Brooke, this has been amazing. We have just scratched the surface on a dozen topics that I want to cover, but I probably lead you down a bunch of rabbit holes. Is there anything that a message you absolutely wanted to get out to this audience that I didn’t ask? Well, I think the bottom line is, you know, it’s something we’ve said, but we’ve said already, I mean, your life is yours. It’s your responsibility, moral responsibility to take the best care that you can, if you like, make the most of it live the best life that you can be doing. And that means in every realm, that means in the financial realm, take take responsibility over your own finances and figure out and have a plan and figure out what what you want to do it means it philosophically figure out what your values are, what your virtues are, what kind of life you want to live, you know, in the spiritual dimension, if you will, it means politically figure out in politics, you know, what kind of environment what kind of world you think will benefit you the most will give you the most opportunities. I happen to think that’s capitalism, and that’s freedom. But you have to come to those decisions for yourself. So you know, and it means at the end of the day, cherish your mind. Use your mind, think, think about every issue you face in life. Don’t be tempted by emotions. Don’t be tempted by what other people think. Don’t be tempted by what leaders tell you. You have to figure it out for yourself. No matter what profession you are, at the end of the day, you’re responsible for your own actions, even in the military. At the end of the day. You’re responsible for your own actions. You’re responsible for the owners, you follow you responsible for who you challenge and who you don’t use sponsible for staying Or not staying? Right so so. So always challenge at least in your head always challenged assumptions that you grew up with. Always challenge the ideas that surround you. Make your philosophy you own. I think that’s the real message of invent. Make it your own. Make your ideas, your own ideas, not just something you absorbed from those around you.

Gary Pinkerton 35:21
Check your premise. Yeah, always check your premise. Awesome. Thank you so much, Ron, for spending time with our audience. I can’t wait to remain connected and learn a ton more from you and see what happens in China with you.

Yaron Brook 35:32
Excellent, excellent. Yes. If you follow me on my on my show you on book show. I will be reporting on all my international adventures. 

Gary Pinkerton 35:40
Thank you, sir. Take care. 

Yaron Brook 35:42
You too.

Gary Pinkerton 35:44
So you’re on he’ll cut it off there. I do have to run and I know you do as well. I greatly greatly appreciated it. And I’m going to continue personally connected with the Institute. Thanks so much for a wonderful

Yaron Brook 35:55
Anytime. Thanks.

Jason Hartman 36:00
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