The Time Billionaires

In 2019, Graham Duncan, the cofounder of East Rock Capital, appeared on an episode of The Tim Ferriss Show.

During the conversation, Duncan proposed a concept that changed my life: the Time Billionaire.

A million seconds is 11 days. A billion seconds is slightly over 31 years. . . . I feel like in our culture, we’re so obsessed, as a culture, with money. And we deify dollar billionaires in a way. . . . And I was thinking of time billionaires that when I see, sometimes, 20-year-olds—the thought I had was they probably have two billion seconds left. But they aren’t relating to themselves as time billionaires.

The central point: time is our most precious asset.

When you’re young, you are literally rich with time. At age 20, you probably have about two billion seconds left (assuming you live to 80). I’m 31, and have (hopefully) 1.5 billion seconds to go. By 50, just one billion seconds remain.

But as Graham Duncan pointed out, we don’t relate to ourselves as the “Time Billionaires” we really are. Most of us fail to realize the value of this asset until it is gone.

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