tv Big Problems Big Thinkers Bloomberg October 2, 2016 10:00am-10:31am EDT
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>> we asked some of the best minds of the world from business, government, the arts and academia what is a most urgent problems facing humanity and how to resolve them? the result is big problems, big thinkers. >> what is the number one problem facing people? >> the lack of education. >> politics. >> if we don't find a more sustainable way --
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humanity.r your is big problems, big fingers and i'm terre blair. in this series we confront the challenges facing human race and try to identify an ethical framework to help us overcome them. in this episode, to finding a successful life. formedworld is rapidly with ever more choices and material advances, what are the condors for a successful life? love? money? we will hear from an extraordinary group of men and women all successful in their own ways as they share their answers and together provide their roadmap for a life well lived. mind,have this body and
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emotion. i want to ask if because of the money, there is no more emotional problems. some of my friends are very rich , but mentally are very unhappy. >> you say if someone goes through life and measures and so solely to what they have been lined up in trouble. what kind of trouble? i tell the story of a woman , a polish jew who was in one of the worst camps in germany during world war ii. some of her family didn't come out. some years ago she looked at me and she said warren, i am very
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slow to make friends because when i look into somebody's eyes , to question my mind is what and i tell people, if you get to be 60 or 70 years of age and your of a lot of people who will hide you, which is another way of saying you have a lot of people who love you, you're a success. i've never seen anyone with a lot of people who loves them when they get to be 70 who is unhappy. i know a lot of people with money or 70 or unhappy. the ultimate satisfaction in life is not how big your bank account is, it really is whether the people you wish love you actually do love you. >> are you successful? >> i feel ok. i'm not as successful as others. >> take it time, i'm doing fine.
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>> i feel good about the people who work around me. i feel good about my children and grandchildren. it is not a function of money with those people. >> so you would say you are a success? >> i'm working towards it. >> patio measure success in his life? >> i think looking in the mirror . some people would look in the mirror and say i made a lot of money. some people would look and say i'm a doctor, i saved some lives. some people would say i'm a teacher and i taught some young kids that going to change their world. thebody who could stop craziness of crime or whatever the case may be. there are a lot of different measures of success. unfortunately we tend to measure the success in this day and age in dollar terms. how much the baseball player is getting played -- paid, how much the actor is getting paid.
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>> how do you measure yours? who turned outs super and have their own lives and are doing well. bloomberg philanthropies, our foundation. my company has been phenomenally successful, created jobs for a lot of people. with that we have done a lot on smoking cessation and working on eradicating polio with bill arts and helping the helping governments and local levels work better and working on the environment. there are a lot of different things we're working on and i'm proud of all of those. >> do think your wealth has led to greater happiness? >> it's hard to argue that if you can buy something to benefit from it. most of my things that make me happy our family and the job i , i'm a bigoundation
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golfer in that sort of stuff. i wouldn't tie it to money. if you're as lucky as i am, every dollar you makes going to foundation helping people anyway. >> are you successful? >> i don't know, frankly. it depends on the day. i have been successful in some things, i haven't succeeded in everything that i have wanted to do. i have been successful in my children. i have three fantastic daughters and make me feel that i have succeeded in a very important .ay i grew up in colorado and there was a motto on the denver post which said there is no hope for a satisfied man. i would add woman to that. my father used to say that, which means you shouldn't think you've accomplished everything
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that you can't sit back and say i'm satisfied. i think it's hard to measure success, you decide to keep striving. >> i think being successful is remaining curious. i think the minute you have closed down, the minute you felt ,'ve had enough a knowledge that would be a failure. that will be a failure of imagination. >> people asked me about success. if i have to look inside what is for me is to be capable to sleep well, not have my conscience with some facts that would disturb me. compartmentalize what is external success.
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>> do you think there is a happiness factor to being ethical and principled? >> absolutely, no question in my mind. i studied this carefully, i think the people that are happiest of those who are doing the most good. the people who are most unhappy are doing harm. >> i think the big desk being principled is more factor in being happy. i do think as i look around at my contemporaries, these are people a lot, some cases they've tragedies in that respect. they have had a lot of success as well. livest know anyone that in principled life and is unhappy. in effect the people that are around them admire them. >> mark twain said always tell
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the truth and you'll never have to member what you said. if you always behave in an ethical way, you will sleep well at night. you are going to know that there's nothing to be exposed or nothing to hide. there is nothing to haunt you. so you would say happiness is directly related to being principled? >> i think it's necessary, but not a sufficient thing for happiness. >> and must be difficult to always be looking over your shoulder and wondering what the law -- when the laws on to catch up with you or not. >> a person who is not correct has to try to disguise and in trying to disguise, they cannot produce happiness. >> do you think a principled
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person lives a happier life? although i think it's not always an easier life. happiness is something that is internal. you don't go around laughing all the time. having a principled life puts you into difficult situations where you have to take stands that are not popular and sometimes being popular makes people happy. i think it's an internal happiness if you lead a principle of life. >>'s central of ethics is what's a good life? that is totive on ask yourself looking back towards the end my life, how will i evaluate myself? will i think it has been a meaningful life? did i achieve things worth achieving? did i help people worth helping? aere is no guarantee that
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person who is doing the right thing will necessarily have a large amount of pleasure and life. what they will have is the deep satisfaction that comes to immoral person in knowing they have -- to a moral person in knowing they have tried -- to do with right. >> to some that's making a pledge and oh what a pledge. money and take all my do it they used to do, i could use that to build the biggest tomb ever built. that strikes me as a bit crazy. you are put in this place to do good for people and you should try to do it whether you get dirty or not. ♪
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terre: welcome back to big problems, big thinkers. as the song goes, money can't buy you love. but can it buy you happiness? take a look. idea.m a believer in the it certainly helps, but is not a guarantee of anything. the happiest times in my life have always been as part of a group embedded in the community doing something fun or large. that's what brings me happiness. the most satisfaction when i'm part of a team doing something big, it has nothing to do with the money. >> money is not the way to measure your life.
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>> mostly people do, many people get the balance wrong. they think money matters more than it actually does and it think many people who have gotten a lot of money say there -- they're all these people make is money and retire and jet set around the world. if the coaches making more money was the point, the would've gone on to make more money. >> when is enough enough? >> certainly when you have everything your family could reasonably need in the way of the pleasures of life. i don't think cost of living and standard living are synonymous. i get to eat what i like to eat, live where i want to live. drive the car i want to drive and all of that. uses up some money, but if i spent 10 times as much or 100
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quantity. >> i think money is a terrific invention, it has made huge amounts of things possible. without money there would be the sistine chapel, there wouldn't heree rug on the floor because it couldn't have gotten to me without money from the place in persia that it came from. i'm not against money, it's terrific. mistake toterrible conclude that therefore we tould give huge attention those of a lot of it. >> money can buy you comfort, better health care, by you certain opportunities. happycan really make you
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if you got the underlying thing first. if you are in an unhappy marriage or work setting, you can have all the money in the world, we all know that it won't buy you happiness. and could take all my money do what they used to do, i could use that to build the biggest tomb ever built. we could have it here outside geta and i could literally 50,000 guys and put them in loincloth and have them all granite around. the net product of everything i done in my life would be the world's biggest tomb and then a thousand years from now, people would come to omaha. that strikes me as a bit crazy. even in modified versions of it, i just don't get it. >> you can't take it with you. although i do remember the cartoon with the family looking down on his old college or on his deathbed and he says i know i can't take it with me, but i
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can take the access code. how did you feel the day you gave 99% of your wealth to philanthropy? >> the timing of what i did in toms of making a pledge philanthropy was affected by when susie died. when she died first, add to make the decision as to the best way claim checks of money that had no use to me. so want to come over a rational money toto get that society. she saw every person as individually important. there were 6 billion people on this planet, that everyone deserves the same chance in life, the same chance for education and all that. as charitablely as somebody who puts $10 is a collection plate and gives up a
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meal hour or a movie or a toy for the children. upe never given anything that's affected me or my family. , hope that the giving pledge it's already caught on, that i would love for to figure out ways for that to hit a broader area of society. we worked on the forbes 400 to focus on both the people to bring it -- to pledge what they will do with it. the poorest group we are calling on has $1 billion. if they give half, their $500 million left over. if you need another million dollars beyond 500 million dollars, you'll have to explain it to me. >> thinking about that gives me one of those feelings of elevation. like this is a man who could of
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publicthing at all for good. he is under no legal obligation, but he chose to do something very productive and self-effacing and away. the more we honor people like it, the more natural it seems and then ornery people like myself will spend more time thinking about where money should go when we die. >> why should i care and do something for someone outside of myself when it has nothing to do with me? >> because doing things for other people make you feel good. a makes you feel good and a neurological level. there is a real benefit. is we know forg that your psychological
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state has a heat -- huge effect on your physical state and that people who establish deep connections with other people and even with animals tend to live longer. -- there is, just to make your survival level, there are good reasons to establish deep connections with other human beings. >> east, west, south, north. north heavily interdependent. your community very much depends on other communities.
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>> i found this story really very compelling. abraham lincoln would, on his way to when he was still in the legislature in illinois, he was all dressed up on his way to springfield and he saw a paid the struggling in the mud and he got out of his carriage and he went and he freed the paid -- ig people said he crazy, why did you do it? he said i didn't do it for the pig -- just for the paid, i did , i did it for the pig for myself as well. i needed to do the right thing. there is a satisfaction in doing the right thing and it also obviously helps the pig. thatnk there is a sense
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you are put in this place to do good for people and you should try to do it whether you get dirty or not. the most interesting quality in life is love because you can't get rid of it. the more you give away, the more you give -- get back. concept i don't know exactly what its counterpart would be. the people you know who receive the love are the ones were pouring it out all the time. and the ones you don't love anybody else aren't getting any back. you can buy sex, but you can't buy love. >> do you think love is a commodity that has no finite? >> it's the ultimate commodity.
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