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How to Use Stoicism to Choose Alive Time Over Dead Time — Daily Stoic Author Ryan Holiday

Ryan Holiday is one of the world's foremost thinkers and writers on ancient philosophy and its place in modern life. He is a sought-after speaker and strategist and the author of many bestselling books, including The Obstacle Is the Way, Ego Is the Enemy, and The Daily Stoic. His books have been translated into more than 30 languages and have sold close to three million million copies worldwide. He lives with his family outside of Austin, Texas. You can subscribe to receive his writing at RyanHoliday.net and DailyStoic.com. Ryan was also the fourth-ever guest on the podcast in the very beginning, and he has written multiple popular guest posts for my blog, which you can find at tim.blog. His latest book is Stillness Is the Key, which was an instant #1 New York Times bestseller and Wall Street Journal bestseller. This episode focuses on Stoic philosophy and how to apply it in our current uncertain times. Please enjoy! Intro [00:00] Stoicism in the the age of COVID-19 [05:12] On reminding ourselves that as bad as things get, history marches on (with or without us). [11:27] How Ryan prepared in anticipation of the pandemic, what he’s been struggling with most since then, and what I’ve been doing to cope with the same struggle [12:48] It doesn’t matter how many opportunities you miss; it matters how many opportunities you take advantage of. [16:06] There are times when I may make very fast good decisions, but I almost never make good rushed decisions. [21:08] How would the Stoics suggest processing the anger we might be feeling? [00:00] How am I thinking about fear, and what would I say to someone who’s feeling overwhelmed by fear right now? [31:48] How can you make the next three to six months something you look back upon as a sacred time that you really treasure, not just survive? Is it going to be “alive time or dead time,” as Robert Greene would say? [40:17] A few more thoughts on fear [45:05] Why I’m confident (and optimistic) that crisis will overcome incompetence in how the United States comes out of this ordeal [48:08] Stoic leadership during a crisis [51:08] On revisiting Will Bowen’s 21-day no-complaint experiment [1:02:20] Try the Daily Stoic’s Alive Time, Dead Time Challenge! [1:04:18] Using this rare window of time to foster a sense of community where it has largely broken down [1:05:15] The origin story of the expression “alive time or dead time,” how some of the most brilliant minds have expressed their greatest work during times of quarantine, and parting thoughts. [1:06:16] SUBSCRIBE: http://bit.ly/1dSzTkW About Tim Ferriss: Tim Ferriss is one of Fast Company’s “Most Innovative Business People” and an early-stage tech investor/advisor in Uber, Facebook, Twitter, Shopify, Duolingo, Alibaba, and 50+ other companies. He is also the author of five #1 New York Times and Wall Street Journal bestsellers: The 4-Hour Workweek, The 4-Hour Body, The 4-Hour Chef, Tools of Titans and Tribe of Mentors. The Observer and other media have named him “the Oprah of audio” due to the influence of his podcast, The Tim Ferriss Show, which has exceeded 400 million downloads and been selected for “Best of iTunes” three years running. Connect with Tim Ferriss: Sign up for "5-Bullet Friday" (Tim's email newsletter): https://go.tim.blog/5-bullet-friday-1/ Visit the Tim Ferriss PODCAST: https://tim.blog/podcast/ Visit the Tim Ferriss BLOG: https://tim.blog/ Follow Tim Ferriss on TWITTER: https://twitter.com/tferriss/ Follow Tim Ferriss on INSTAGRAM: https://www.instagram.com/timferriss/ Like Tim Ferriss on FACEBOOK: https://www.facebook.com/TimFerriss/

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Apr 9, 20201h 5mWatch on YouTube ↗

At a glance

WHAT IT’S REALLY ABOUT

Stoic tools for fear, anger, and “alive time” during crisis

  1. Tim Ferriss and Ryan Holiday discuss using Stoic practices—especially ideals, rehearsal, and locus of control—to navigate fear, anger, and uncertainty during the COVID-19 crisis.
  2. Ferriss explains how “premeditatio malorum” and his fear-setting exercise helped him stay steadier through financial volatility and high-stakes decisions.
  3. Holiday emphasizes perspective-shifting through historical zoom-out (totems and reminders that humanity has endured past crises) and frames quarantine as a choice between “alive time” and “dead time.”
  4. Both argue that anger and constant complaining are largely disabling in a pandemic, and that constructive action—especially local support for people around you—is a more effective outlet.
  5. They close with practical ways to help: support people in your immediate community, consider vetted donation efforts mentioned (Front Line Responders Fund, Operation Masks), and contribute to social cohesion rather than noise.

IDEAS WORTH REMEMBERING

5 ideas

Treat Stoicism as an ideal to aim for, not a standard to punish yourself with.

He described how placing a physical reminder (like a bust of Seneca) in a frequently visited room helps keep Stoic ideals top-of-mind, while also emphasizing that Stoicism is an aspiration rather than a “pass/fail” test.

Rehearsing worst-case scenarios can reduce stress when volatility hits.

He combined premeditatio malorum with his written “fear-setting” practice: articulating worst-case scenarios, ways to reduce the likelihood, and ways to reduce the damage—then vividly imagining what those outcomes would feel like.

Pre-commitment and expectation-setting can prevent panic-driven decisions.

Using his Uber position as an example, he explained mentally committing in advance to a five-year hold and expecting the stock could drop to specific low levels; when it quickly fell near that level, he felt less shaken because he had already rehearsed it.

Regret often dissolves when you focus on your real capabilities and constraints.

In response to regret about missed market moves, he reframed it as a competence question: if you don’t have the “toolkit” to short markets effectively, beating yourself up is less useful than focusing on what you can do well.

Stop competing where you have no edge; look for opportunities aligned with your strengths.

He argued that trying to time public equities alongside millions of other people looking at the same screens can be a psychological trap, and suggested instead looking for areas where you have domain expertise or informational advantage.

WORDS WORTH SAVING

5 quotes

I think the word ideal is important because it is very easy to beat yourself up for not being Stoic or resilient or calm enough, which in and of itself is very un-Stoic.

— Tim Ferriss

I have had many struggles throughout this coronavirus experience, and considering the ramifications not just for me, but for my family, I have family members in the service industries, for instance, for the economy, for people who are far less fortunate And I've s- I've, I've struggled a lot in certain areas, but the areas where I have not struggled are the places where I have rehearsed to the extent possible what might happen.

— Tim Ferriss

My belief is there are times when I make very fast good decisions, but I almost never make good rushed decisions.

— Tim Ferriss

It's okay to feel afraid. Like, that doesn't make you flawed. That means that your sort of evolutionary machinery is intact, and there's a lot of value to that, right?

— Tim Ferriss

Don't try to save the world, help the people around you.

— Tim Ferriss

Stoic ideals vs self-judgmentPremeditatio malorum (worst-case rehearsal)Fear-setting exerciseRegret and irreversible decisionsMarket volatility and decision-making under stressLocus of control and Serenity Prayer framingAnger, fear, and the “no complaint” experiment

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