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This meeting is being live streamed, which means this is Value After Hours. I'm Tobias Carlisle, joined as always by my co host, Jake Taylor. Our special guest today, I'm energized from talking to him just before he came on, Phil Perlman of the Pearl Institute. Phil, how are you?
What's up, fellas? I'm great. I I feel really good. It's a beautiful day, in the northeast in the Hudson Valley, and, I'm just very grateful to be on the program with you guys today. Thanks for the invite.
Well, we're very grateful that you're here with us. We just wanted to talk about your journey a little bit. You're a finance markets guy, and I follow you on Twitter. I follow your Twitter feed. And and these days, it's it's health focused. So, like, maybe you can just talk to us a little bit about where you started and what the journey has been.
Well, I've been involved with markets from, you know, since the nineties. I had a Ditech account, and I was, you know, trading JDSU before the NASDAQ bubble burst and, began work. And then I went to grad school in psychology and became very aware of, you know, behavioral economics before Kahneman won the won the Nobel Prize and, from a from a psychology point of view, not from an economics point of view. So I was coming I was studying the the social psychology research that those guys were doing way back in the day, 74, 79, early eighties when Thaler got involved. And I got approached by a a a
Let's just start with the health program. What what what's your philosophy about, getting healthy, staying healthy? What what are the big muscle movements that people can do to sort of get themselves on the right track? My
view is this, that, you know, I have this sort of model of okay. I have 2 models. 1 of them and they're both very straightforward. 1 is just called stupid simplicity. And that is this idea that there's, you know, there's all of this research going on, and there's so many arguments occurring within health. And then and that's sort of at this level of the research and information. And then there's a line, and then above that line, there's the functional, And that's just what works. And that is a combination of what has been curated from below the line. So what is the, you know, what what does th
What what's your exercise regimen? You you like to run? I
run a lot. I I view I'm a, you know, I'm a monist. So I view everything as, like, mind and body is all 1. And so, so I run. Recently, I've been running fast. You know, maybe once a week, I'll run slow. 2 or 3 times a week, I'll run faster. I do a lot of, like, push ups and pull ups and some, you know, dumbbell stuff. I have a little gym in my house. That's where I work out. I don't do anything crazy fancy. Occasionally, I'll do you know, I have, like, some tricep things, and I have a little dip bar, but I just work out when I feel like it. Like, some days I'll do 2 exercises. Some days I'll do
17's a weight pull ups, strict pull ups, strict body weight pull ups. That's yeah. No.
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