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The Unhappy Millionaire

Tal Tsfany & Don Watkins

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We help entrepreneurs and high performers transform successful careers into successful lives. The key to happiness isn't self-help platitudes or meditation retreats, but the most powerful technology ever created: philosophy. Hosted by Tal Tsfany, an entrepreneur-turned-intellectual and Don Watkins, an intellectual-turned-business leader, The Unhappy Millionaire will challenge the way you think about happines—and give you the tools you need to build a life that you love.
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Ayn Rand Institute Live features a wide range of fascinating topics recorded at live events—all from the unique perspective of Ayn Rand's philosophy, Objectivism. ARI experts and guest speakers bring new insights to complex topical issues, such as freedom of speech and the Middle East, or delve into important subjects in philosophy, ethics, psychology, culture, the arts, and more.
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Many people aren't fully happy with their careers, despite having the freedom to choose their work. The issue isn't a lack of opportunity, it's usually lack of clarity, emotional resistance, self-esteem issues, or execution challenges. People may not know what they want, fear change, doubt their abilities, or struggle to take action. You can addres…
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In this episode, Tal explains how he has structured his job as CEO of the Ayn Rand Institute to maximize his own happiness and success. Aligning work with personal values and interests is important but can seem difficult to implement. Tal and Don discuss practical strategies for designing your role at work, even for those who aren’t upper level man…
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Over the course of recent years, the American electorate has become increasingly tribal, unthinking, and easily swayed by demagoguery. How should we think about the state of America’s political culture as we head into this year’s election season?Recorded live on June 14th in Anaheim, CA as part of OCON 2024Want to join us next year?: https://events…
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Stoicism is gaining popularity among ambitious individuals. Despite its appeal in teaching how to deal with adversity and achieve serenity, it is fundamentally an anti-happiness philosophy. It promotes detachment from external values like wealth, health, and relationships, advocating for indifference and focusing solely on moral character. Tal and …
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Tal & Don discuss the concept of second-handedness and how it destroys happiness. Inspired by the character Bobby Newport from Parks & Rec, they delve into why living to impress others, even your parents, can be so detrimental. They define what it means to be a second-hander, discuss its destructive impact, and share strategies to live confidently …
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Many believe that businessmen must lie and cheat in order to be successful. This sets up a moral dilemma—does ambition mean you must choose between honesty and success? Instead, Don and Tal argue that true success and happiness depend on a deep commitment to honesty. The joy of productive work isn't just about the money, but about the satisfaction …
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In this special event celebrating Independence Day, Nikos Sotirakopoulos interviews Onkar Ghate about his 2007 talk “Atlas Shrugged: America’s Second Declaration of Independence.” The episode includes a full rebroadcast of the talk.Mentioned in the discussion is Ayn Rand’s novel Atlas Shrugged (https://aynrand.org/novels/atlas-shrugged/).The podcas…
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Happiness is not a temporary state or partial satisfaction, but a life you consistently love living. A state of human thriving. Don & Tal refute these six happiness myths: 1. Happiness is a myth. 2. You can will yourself to happiness if you just think positively. 3. Happiness is subjective. 4. Psychologists know what makes us happy. 5. Happiness co…
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Happiness Team is a life-changing workshop and accountability team, aimed to systematize the pursuit of happiness using Ayn Rand’s deep, life-serving discoveries. In this session, you’ll get started on the road to understanding who you are, what you want and how to get it. You’ll come away with a workbook of exercises and actionable practices for l…
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The Galileo Affair is widely viewed as the classic example of a scientific genius being persecuted by religious dogmatists. Yet, in recent decades, some philosophers and historians of science have put forward a new interpretation that defends the Church’s position philosophically and puts (at least some of) the blame for the conflict on Galileo. Is…
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Ayn Rand admired Mickey Spillane as a writer and a crusader: “a brilliant literary talent” and a “moral absolutist.” Several of his novels, including the two-book series about Morgan the Raider (a pirate with an enigmatic past and mysterious motivations) were set partially or completely in Miami. One character, amazed at his first glimpse of the ho…
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This lesson explains Aristotle’s method of scientific investigation, focusing on Aristotle’s logical works—especially the Posterior Analytics. Salmieri discusses Aristotle’s view of the kinds of questions we seek to answer when we investigate; for example, the nature of definitions and their relationship to scientific demonstrations, and the format…
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In this lesson, Salmieri explains Aristotle’s theory of universals and how that theory makes possible scientific understanding (epistēmē) of this world based on sense-perception. The lesson explains that universal knowledge, for Aristotle, is a power to know particulars as falling under kinds. Salmieri concludes with a discussion of a famous chapte…
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In this lesson, Salmieri discusses Aristotle’s view of the types and degrees of knowledge. In particular, he explains what is distinctive about the type of knowledge that Aristotle calls epistēmē (scientific understanding) and relates it to Objectivism’s view of the importance of thinking in principle. He also introduces Aristotle’s concept of tech…
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The ancient Stoics held that we suffer in life because we value the wrong things and/or have the wrong attitude toward our values. If we want to live the good life, they held, we need to radically change the way we value. Given the growing popularity of Stoicism in the culture today, it’s worth examining what this reorientation to values amounts to…
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St. Augustine’s philosophy marked a decisive turning point in the history of the West, the first systematic repudiation of the ancient Greek philosophical outlook in favor of Christian religion. Augustine’s ethics was especially crucial. He fundamentally repudiated the content of pagan views of virtue even as he retained certain trappings of their …
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After decades of debate, and despite the overwhelming strength of the evidence in favor of phonics, reading education is still a controversial topic in the United States. Many educators continue to resist phonics in favor of anti-conceptual methods that amount to not teaching reading at all. This talk will present the recent history and current sta…
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Mathematics is the headquarters of Platonism—the reification of abstractions and the primacy of concepts over percepts. Even Euclid defined “line” as “breadthless length,” something not of this world, and the moderns define “one” in terms of nonbeing (the null set). In this lecture, drawing on a few incisive statements by Ayn Rand, Dr. Binswanger g…
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My guest today spent over 30 years as a fund manager with organisations like Investec and Hambro and has always managed to combine that role with writing about investing for a wider audience. He has written for the Daily and Sunday Telegraph and the Times, but is perhaps best known for his frequent articles in Money Week, Britain’s best selling fin…
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Freedom of speech used to be an unquestioned value. Even as society endorsed the use of force in other realms, the individual’s right to express ideas freely was widely acknowledged. Today, that right is coming under increasing attack. Why? And what can we do to counter this ominous threat? Mr. Schwartz discusses the fundamental relation between fo…
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My guest today is a former Vice President of ABN Amro who has carved out a niche as one of the UK’s leading experts on investing in gold. Money Week magazine asked him to produce their Metals & Miners newsletter while he then worked with the legendary US investor Jim Rickards to set up the Gold Speculator service. He’s a regular speaker at industry…
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My guest today may be the person for whom the word polymath was invented. He’s an author, a comedian, a TV presenter, a voiceover artist and an expert on precious metals and crypto currencies where his articles can be read in almost every issue of Money Week magazine. He also publishes the Flying Frisby on substack, an investment bulletin read by o…
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An important component of happiness is confidence in your future success. How is such confidence possible, especially with ambitious goals that involve significant risks? In this talk, Ms. Moroney will discuss how the Objectivist ethics and epistemology help you establish objective confidence that you will be successful. A companion to her previous…
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Many are attracted to Objectivism for its idealism. But they often struggle to successfully use Objectivism as a guide for living on earth, and experience its ideals as a source of frustration, confusion, and guilt. In this talk, Don Watkins draws on his experience as Ayn Rand University’s Director of Coaching and Mentoring to discuss what gives ri…
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My guest today mirrored my own career path in providing billing systems for telecoms companies before joining the board of a silicon valley CRM software company for six years. His exit from that company has enabled him to pursue his passion, which is promoting the philosophy and ideas of one of my favourite authors, Ayn Rand. In 2012 he co-founded …
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My guest today is a former officer in the Grenadier Guards who then went into the city and started a 25 year career in fund management. From 1998 to 2015 he was Head of Absolute Return at HSBC Global Asset Management with $3bn under management. He was then Chief Investment Officer at Newscape until 2018 before heading up the Multi Asset team at Atl…
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Anselm of Canterbury (11th century) was the first to present the ontological argument, purporting to demonstrate God’s existence through a mere analysis of the definition of God. Aquinas rejected the argument, but Descartes revived it. Kant was thought by many to deliver it a death blow, but it continues to be resuscitated. This lecture is an exerc…
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What is the relationship between abstract moral principles (such as those that make up the Objectivist ethics) and the ability of people who do not (yet) grasp these principles to tell right from wrong? To what extent (and in what ways) can someone who doesn’t understand why something is good (or bad) know that it is good (or bad)? In this talk, Dr…
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Ayn Rand’s novels and nonfiction essays contain a wealth of material on the psychological dimensions of philosophical ideas and principles. But in one of those essays she also cautions about the danger of “psychologizing.” We’ll explore aspects of how to extract the action-guiding value of the psychological dimensions of philosophical ideas that sh…
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When it comes to Israel’s mortal enemies, the usual suspects are Arab authoritarian regimes, Iran, and the antisemitic far right. And yet, some of the most dangerous wannabe-destroyers of Israel have come from the left. Whether it has been communist states, or terrorist groups, or “peaceful” organizations, the left’s war on Israel has been long and…
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I find it easy to empathise with my guest today because he had a long and successful corporate career with multinationals before redundancy forced him to turn his hobby into a business. For me it was a career in IT followed by a move into alternative investments. For him, board level roles with major distillers and packaging companies followed by a…
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My guest today is an inspiring example of how to overcome adversity in your private life and limited opportunities in your business life. She has used her own story as the basis for helping women around the world to gain a mix of confidence and financial freedom by overcoming self limiting beliefs. She’s the author of fifteen books and the founder …
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Objectivity isn’t simply a tool for concept-formation or analyzing arguments. Objectivity affects how you treat your friends, how you do your work, how you set your goals. This lecture probes objectivity’s role in everyday living. It considers ways that objectivity (or its lack) manifests itself in a range of domains and ways in which well-intended…
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There are serial entrepreneurs and there are serious serial entrepreneurs. My guest today is in the latter category, at one point having set up at least one new business every year for thirty years. Trained as an engineer, that disciplined approach has stayed with him in all his business ventures which include Cosworth Engineering, Quantel, Classic…
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My guest today has spent more than thirty years helping property investors to structure their portfolio in the most tax efficient way for themselves and, equally important, for their children. It won’t have escaped your attention that taxes are rising all over the world as governments realise they’ve made spending commitments they can no longer aff…
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