Will Cain Country - Revisiting A Conversation w/ Tony Robbins

Episode Date: September 2, 2024

On this Labor Day, Will revisits an inspiring conversation with Tony Robbins on manifesting destiny, changing habitual patterns, your emotional home, and the effects of social media on mental health. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Happy Labor Day. Let's get you motivated for how we can survive, no, thrive in this economy with Tony Robbins. It's a Will Kane show, streaming live at Fox News.com on the Fox News YouTube channel, Fox News Facebook page, Terrestrial Radio, coast to coast. Hit subscribe, Apple, Spotify, or on YouTube. It's a Labor Day edition of the Will Kane show where we're going to revisit one of the most fascinating, I think inspiring and enlightening conversations we had recently with, of course, the famous Tony Robbins here on the Wilcane show. Following Fox's initial donation to the Kerr County Flood Relief Fund, our generous viewers have answered the call to action across all Fox platforms

and have helped raise $7 million. Visit go.com forward slash TX flood relief to support relief and rebuilding efforts. It is time to take the quiz. It's five questions in less than five minutes. We ask people on the streets of New York City to play along. Let's see how you do. Take the quiz every day at the quiz. Then come back here to see how you did.

Thank you for taking the quiz. This is Jason Chaffetz from the Jason in the House podcast. Join me every Monday to dive deeper into the latest political headlines and chat with remarkable guests. Listen and follow now at Fox Newspodcast.com or wherever you download podcasts. He is the number one life and business strategies, peak performance expert and number one New York Times bestselling author, global entrepreneur and philanthropist. and he is in our studios in New York City. He is Tony Robbins. What's up, Tony?

Hey, well, nice to meet you, buddy. I was thought they were punking me. Good to meet you. We had a chair. I was going to be talking to, so I am so disappointed. I am so disappointed as well. But as much as I wanted to meet you and in person, I've had the opportunity to speak to you through the camera lens once before.

But to meet you in person, I had to stay married. I just spent the last five days in Las Vegas, Nevada, which on its side. face is a bad thing to have done in a marriage, but it was for the Super Bowl. I need to come home. I needed to be with my family as much as I wanted to meet you, Tony Robbins. I've got a lot I want to talk to you about today. Can I start with this? Sure. You have earned the right throughout your life to impart wisdom and advice on millions in this world. I'm curious, though, as we sit here in the present tense today, where do you struggle? What is your purpose? What is your personal struggle? What is your biggest struggle where somebody could, should, or would offer you

advice? I think time is still the final frontier for me personally. And the reason is because, you know, I have 114 companies now. We do over $7 billion in business. I come from absolutely nothing. And I love the variety of that. But I also have five kids and five grandkids. I have a 48-year-old daughter, and I have now almost a three-year-old daughter. So I think time is that final frontier for me, and I'm always thinking how to crunch it. But just I'm pulled to many different things. I have lots of interests and lots of things I do on philanthropy, and all of them really matter to me. So I think that's probably the single most challenging area for me personally. You know, Tony, I mentioned it. You could probably hear my introduction in leading into this

interview. I'm not going to say this is what, this is the piece of content that really won me over with you. It's not. I've been aware and won over to Tony Robbins for quite some time, but You know, I saw this video, Tony, of your interview that she just did in the past month or so with comedian Theo Von. And I love Theo Von. I think he's hilarious. But you were talking about, and you said specifically, hey, I'm not necessarily someone who believes in positive thinking. I believe in intelligence, I think was the line that you gave him. But as an illustration of the power of perception, of not subjective reality, but how you take in objective reality, you told him to close his eyes. and look at everything in the room that's brown.

And then you brought in everything in the room that's red. And there was something about that. And maybe you can share that with us here today, Tony. It just made me realize, like, it's how you internalize objective reality that creates your own reality. What I try to tell people is we don't experience life. We experience the life we focus on.

So what's wrong is always available. So is what's right. But I'm not in just being positive. I believe you've got to see things as they are, but not worse than it is. Most people today make it worse than it is. There are people, young people today that have been sold this idea that in 12 years the world's going to end because of climate change, which we all know is bull-h-h-it.

But when you hear it over and over and over again, now people are not having children because of it. So I think you've got to see it is, not worse than it is, because we make it worse than it is, people do that because they're afraid of getting their hopes up being disappointed. But then if you're a leader, you've got to see it better than it is. You know, the Bible it says, without a vision, people perish. You know, it's good advice. You have to have a vision beyond the now.

And then you have to make it the way you see it, which requires strategy, not just positive thinking and enthusiasm. If you're running east looking for a sunset, I don't care how positive you are. It's not going to work. You got the wrong strategy. So with Theo, though, it was interesting because he's such a funny and beautiful young man. And I felt like it was like my son there because, you know, he's got a lot of pain in him. A lot of comedians do. Not all of them, but many do.

And I found out of myself doing kind of a little mini intervention on him. And what was amazing is people sent me responses, you know, on YouTube, which can be mixed. obviously and there were so many young men that feel like he do that feel like they're not enough that feel like they don't have a place in the world that feel like you know if they get too happy they're afraid things are going to fall apart and so it was really interesting for me to see how many people were touched by that conversation who are his followers which are primarily young men as you know and there was something about that particular and look Tony you know as I sat and thought about our conversation today I thought like what's new under the sun for Tony to talk about

like there's not a pitch in my arsenal I can throw him that's going to get by it's not a pitch he hasn't seen he's got every curveball every knuckleball he's seen every pitch he knows what he's going to say but what was it there was something about that illustration you gave to theo would you for for my audience for this audience sure and i know it doesn't take long but what is that about how we see things in a room well i was it's not so much remember i was just giving an example i said you could do it right now your viewers or listeners if you look around the room you're in right now and look for brown look for everything that's brown brown clothing, brown hair, brown people, brown anything. Look behind you, look around, you, look above you, and then close your eyes. And then tell me everything you saw in the room that was red. Usually, there's a little laugh when I do this in public market, you know, 10, 15,000 people. And I'll say, open your eyes, now look for red, look for red. Okay, how many found, you know, more red this time? Everybody raises their hand.

Well, why? Because seeking you shall find. You will find things even if they're not there, I'll tell people. And they look confused. And I'll say, how many saw beige things called them brown just to feel successful? How many saw something Burgundy called it red. So whatever your brain is looking for, you will find. Whatever you believe, so is it done unto you,

quotes in terms you and I would both relate to as Christians. But the bottom line is, it's true. Once you believe something, you find evidence to support it. If you think somebody's a bad person, you'll color them from, you know, brown to, you'll take the beige and make it brown. If you think somebody's a good person, you'll turn it around. Like, look, for example, if your best friend treats you really terribly one day,

you know, you will feel sad or angry or hurt, and if you can't resolve it, you have to go to a phone call or you've got to go to a meeting. You'll usually rationalize their behavior, right? You'll usually say, well, they're probably having a bad day. But if you go to somebody who you think is, you know, a mean manipulating person, it may not be true, but it's what you believe about them. And they don't treat you badly. They teach you real nice. What's the first question in your mind? What do they want?

So our relationships, our life is controlled by our beliefs. Our beliefs color what we see and don't see, what we experience and don't see. So it's really important to question our beliefs at times, to not just accept what you've been trained to believe, because our culture, we have perfect examples, finance. So many people in this country, young people think we have a terrible country. Well, I was in the Soviet Union when I was 23 years old. I was brought over there because of what I was doing at the time. I traveled the whole country. It made me a capitalist.

I didn't know what a capital was for that. But everybody's supposed to be equal. And there was no equality. I was on these trains going from literally Moscow to Siberia with all these high-end people, everybody's supposed to be equal. And they're having caviar. And we'd stop in every little train station, get out in the city. And there would literally be half a mile, quarter of a mile people wrapped around these buildings

so they could get in line for a quart of milk and a half a loaf of bread. And so it's like, I came back and said, you've got to become, if you live in a free enterprise country, you've got to do it. So most people in this country who hate this country or want the government to pay for everything, which, of course, it can't. It's already broke. They don't understand the opportunity. Their problem is they've been trained to be a consumer instead of an owner. I was trying to explain this the other day to a young person, and I said, do you have an iPhone? And, by the way, do you have an iPhone? Well, of course.

Yeah. So most people have one. I said, okay, so you have an iPhone. Have you bought several iPhones? I said, yeah. I said, well, I've been around enough. I bought every iPhone. So if you bought every iPhone since the first one in 2007, you spent $20,600. That's the amount you've put out of pocket over that time period. Now, if you bought the stock, hear me now, you took the same amount of money you spent at that time for the iPhone, and I went back and made a chart so people could see it and bought the stock. Today, all that adds up to $206 million. So it's like, you know, yes, that's the real number. That's the real number.

So we just don't teach people, we don't teach people to question their limiting beliefs, and we don't teach them beliefs that empower them. So what if you believe you find evidence for it? How else can you explain all these young people who are pro Hamas? not pro-Palestinian, pro-Mas. They say, you know, words are destructive, words are violence. I mean, you know, talk to Chris Rock and he said, words aren't violent. So, words are violence. No one has slapped the shit out of you on national television, right? So, but, you know, those same people, someone is cutting somebody's head off. I mean, I hate for any side, Palestinian or Israeli to be injured or hurt. I mean, to me, it's horrific. But, you know, we have these interesting

beliefs that we develop because we develop an ideology and it limits us. And what I try to do is get people to say, I don't tell people what to believe. I get them to question anything that's limiting themselves and perhaps see if there's a more expanded perception. I think that's what's missing in our country. We don't have much of a middle right now. We have extremes on both sides. And I think most Americans are in the middle, but they don't have the voice. They don't speak it up. I'm hoping that'll change over the next few years. hey tony do you feel like you're swimming against the current when you sell people this idea or help them understand the idea that they that there's a way to see the world through a different lens

and that lens tends to be more positive what i'm wondering about is are we inherently culturally or maybe even as as human beings attracted to negativity you brought up climate change a moment ago and young people attracted to this idea that's a dystopian apocalyptic future One of my favorite authors is Matt Ridley, and he talks about, like, hey, reality is the world has gotten better over a broad timeline. Your life has gotten better, poverty has gotten down, your health has gotten better, but what sells in the news, and then what sells in a worldview, is negative. And it makes you wonder, like, are we not naturally or culturally attracted to this apocalyptic future? and you, for example, then, are swimming against the tide, swimming against the current, to tell people, no, that's not actually an inevitability. You're absolutely very astute.

It isn't just the culture. It is the way we are wired as humans. We have a survival brain, and it was designed millions of years ago, and it was designed so you could immediately find anything dangerous to survive. So you'd either fight it, or you'd freeze and hope it didn't notice you, or you'd run, you'd flight. Those are three choices. Well, most people have not evolved very much from there. There's no saber-toothed Tiger anymore, but we have that reaction to what does somebody write about us in social media? Do we have enough money or something that isn't really survival?

And so the negative bias, that's why in the news, you know it, journalism. Journalists are great people. The media, like when I say this, people say, no, they're not. Yes, they're good people. They're doing their job. Their job, the majority of them, is for the shareholder. The way you get the shareholder make more money is you get more eyeballs. We're not an information society that died a long time ago.

We're drowning in information. We're starving for wisdom. but what gets, if it bleeds, it leads. So they know that if I can get that headline, even if it's not the same as the article itself, right? What is clickbait? You click on it and I get paid. So that's the unfortunate part.

Then you have social media that just everyone has an equal voice, even not everyone is equally qualified to talk about something, right? So the combination of those two has changed our society to such a negative bias. But that's true. That negative bias isn't everyone. But that doesn't mean you have to live that way. It'd be natural to, you know, drop your doors and go to the bathroom wherever you are.

That's the way it's done in some countries. But, you know, we don't do what everybody else does. We culture ourselves. We raise the standard beyond just the fear-based of our brains, and we develop a different level of consciousness. So, yes, but most people come to me when they're hungry. You know, people come and look at the demographics, and they see every age, every background. You know, I just did a seminar for 1.1 million people for four days in 195 countries, all of the world simultaneously. in every time zone.

And it's every walk of life. But what they all have in common is hunger. So people come to me when they're the best at the world because they're looking for those little things. They know if I make this little change, just 10 degrees, but I take that at a week from now, a month from now, six months from now. I have a different destination, a different result,

a different destiny. Other people come because they had a birthday with a zero on it, or they went through a divorce, or they lost their job. Or they've been doing the same thing forever, and they're great at it, but they're bored out of their mind. And so there's a hunger to change. Without the hunger, most people are never going to interact with me. And then when they do, I do things in deep immersive.

I don't do something for 30 minutes or an hour and try and pump somebody up. Even my books are ridiculous. You know, they're five, six hundred pages. But people get pulled into them. And when I do seminars, they're 12 hours a day, four or five days in a row. These are people that wouldn't sit for a three-hour movie someone spent $300 million on. But when you think about time, time is emotion. How long is a long time?

When you're hating what you're doing, a minute's eternity. When you're loving what you do, time flies. And so I've learned how to engage people in a way where they enjoy themselves while they're transforming, instead of like it being a pain. And that's really why I've been able to do this. I'm entering my 47th year doing this. I typically started when I was three, of course, but you get the picture. Well, I've gotten the picture.

And here's, again, and we're going to move on to talking about finance and investing in just a moment. but like i just kind of personalized this with you tony and everyone i'm sure does but like my own lens through which i come to appreciate what you have to say first of all i love what you had to say about information look we're awash in information and i actually think we are we are every intelligence in its truest sense is readily accessible all around us that doesn't mean we make intelligent decisions but what we are what we are impoverished at is wisdom and and that's making sense of everything around us both past present and future and and all of this information.

And you, the wisdom that has, you know, I grew up, here, you'll appreciate this. I grew up, I think, with one of your friends. He is, he was, he was somebody I spent every summer with. His children are my good friends, and we just partnered together on a fund to help raise money for the people that were devastated in Lahaina Maui. But I grew up with Wayne Dyer, and I know that you and Wayne knew each other well. And by the way, and I would say it to Wayne. Wayne's face back in there. I was like, oh, come on. Manifest my destiny, Wayne, you know. Yeah, I'm going to, I'm going to, the power of positive thinking, you know, and he'd laugh and he was a great guy. And when you talk about habit, and those, gosh, is it nine kids?

Yes. Who are all really close to my family to this day. But, you know, when you talk about habits, you talk about it, Tony, in a language that makes sense to me, like the habit of how I think about my day, you know. made one of my New Year's resolutions to get up every day and, you know, meditate and reach out to someone, which, by the way, I'm not going to pretend like I'm super succeeding at all of this, but I need to build the habits. And there's something like functional and understandable about making this type of thinking a habit that has essentially compound interest in my life. Yes, it builds. Well, you know, I'll give your viewers and listeners maybe a chance to consider it. Think about it this way. I'm pragmatic. By the way, I have very strong spiritual

beliefs. I don't think there's a separation between those personally. Everything in the world is spiritual. God is a part of my life in every way. I feel I'm only here because I've been blessed. I started with absolutely nothing. I've done my part, but I could have done my part and not been so blessed. I don't take that for granted ever. But from a pragmatic perspective, if the quality of our life is what we focus on, then I tell people there's three decisions you're making every moment. And your audience can ask themselves, is this happening right now? Every moment of your life you're making three decisions. You're not necessarily making them consciously, though. And because of that, we make the same decisions over and over, and our life doesn't usually change.

So the first decision is, what are you going to focus on? So at any moment, whatever you focus on, you're going to feel. If you make it to 7 p.m. have dinner with your wife or your boyfriend or girlfriend or someone, and you get out at 7, and they're not there, I'll ask people, what are you feeling? And some people go, I'm angry, and some people say, I'm worried, and I'm going, it's only 7. You know, what if it's 730 and they're not there? Now, I'm really angry. What if it's 8.30?

They've not called. They're not text, not shut up. I'm really angry. One woman said to me, I'm full. I didn't wait for the bastard. But the difference between whether you're angry or pissed off or worried has nothing to do with life, objectivity. It's what you did in your head. If they were late and you're in your head, they always do this.

They don't care. They're probably screwing around with somebody else. You're angry. If you said in your head, oh my gosh, what if they were in a car accident? Now you're worried. So we think the world is controlled by the outside. It's really our decisions of what to focus on. And the second decision is what does it mean?

Is this the end of the beginning? If you think it's the end of a relationship, you're going to make a very different decision than if you think it's the beginning of relationship, right? In the beginning, you'll do anything. In the end, it's like, I don't know, type of thing. You know, does this person disrespecting me? Are they challenging me? Are they coaching me? Are they loving me?

Whatever meaning you come up with will radically change your emotions, and that controls the third decision. What am I going to do? But let me give you a pragmatic way they could use this right now. Here's a couple patterns of focus that control your life completely. One question I'll ask you, and your audience can answer it for themselves. Do you tend to focus more on what you have or what's missing, especially with COVID and so forth? Where have you focused more on what you have or what's missing? What would you say for you, Will?

For me, what's missing? Yes. And that's true of most achievers. And so what's good about that is it gives you some drive. What's bad about that is you can never stay fully fulfilled because when you're constantly focusing what's missing, you never get to fill up with that joy and have it last because you're always the next thing. That's what puts people on the hamster wheel. And especially during COVID, it was really easy to go what's missing because there seemed to be a lot missing.

But if you can focus on a different habit, the habit of what I have first, that feeling of gratitude changes your biochemistry. This is science. It's not attitudes or just mindsets. And in fact, think about this. The two emotions that mess people up in their relationships and their business and their career are fear and anger. Well, when you're grateful, you can't be angry and grateful simultaneously. and you can't be fearful and grateful simultaneously. So I have a thing I do every morning for 10 minutes,

which taps into that gratitude and puts me in that state every day. Another pattern, do you tend to focus on what you can or can't control? What would you say you do? We all do both, right? Which one do you focus more on? Well, I would say, this is a big issue in my life. I am much more fulfilled when I have control,

even if I fail at that control, than when I am out of control. So as far as my focus, it's probably on, obtaining some measure of control, because the out-of-control focus is so unproductive for me, and I hate the way I feel. It's the source of most of my unhappiness. Well, it's true for most people, because all the research shows, the more you feel in control of the events of your life versus your events are controlling you directly affects to your level of happiness and self-esteem.

But the majority of people, and I think you'd be different in this area, most of the people who come see me, they come see me because they want to take control of their finances or their business or their relationship or their body or their energy or their happiness, right? So I tend to bring those people in. But think about this, if you're constantly focusing on what you can't control, what kind of stress are you going to have inside? And if you're adding to that, you're not, but people add to that what's missing. And then here's the third one.

Do you tend to focus more on the past? Everyone listening can try this, the present or the future. We all do all three. But where do you spend more of your time, focused on the past, present, or future? What would it be for you? I heard you do this with Theo, and he said the past, and I was riding along with this decision tree with him. And my answer is different.

Mine is on the future. And you can add mine up there. Mine is, focus on what I don't have, focus on the future, and focus on how I can obtain control. And you just describe the core of your personality in three areas of focus. And by the way, yours is very proactive. It's an achiever orientation. That's why you've achieved. Someone who's always focused on what they can't control.

There's so much we can't control in our lives. Listen, you think you're in control. Your brain doesn't even control your bowels if you go to Mexico and eat the wrong food. I mean, let's be honest, right? You don't have full control in this life. We have influence. We can control our thoughts and our emotions if we learn how to, but most people haven't learned how to. But imagine somebody who is constantly focusing on what they can't control, what's missing,

think COVID, and then the past. Well, you can't change the past. You put those three together, and you have somebody that's going to be angry or depressed. So I get people all the time who are, you know, been on, I ask people in live audiences a lot of time. I have 10, 15, 20,000 people. How many of you know someone will ask them who takes inner depression? and they're still depressed. 90% of the room raises their hand.

Well, why? Because when you take an depressant, all it does is it numbs you. In fact, a year ago, well, 2022, the cover of Newsweek was showing SSRIs don't even work, but we're still selling them. But, you know, the good news is you can learn to change these. Stanford decided during the middle of COVID, they reached out to me because two of their professors went to one of my programs, and they both were clinically depressed and came out with no symptoms of depression.

They said, do you have data on this? And I said, well, I have millions of graduates. They said, but I mean like scientific data? I said, well, no, but would you like to do a study? They said, we'd love to. So I said, well, if we're going to do it, you're going to do it on depression because during COVID, the amount of depression exploded, as you know, and the amount of suicides exploded, overdoses.

I said, well, what is the average across, you know, meta studies? How well do people get under current approaches? And they said, well, Tony, the average is 60% make no improvement, whether doing drugs or therapy or both. 40% on average across the many studies improve, but their improvement is about 50%, so they're half as depressed. Now, some people get well, but very few. Most of them take these drugs for years or even decades. And I said, man, you could almost get that with a placebo.

And they said, you're right. I said, what's the best study you've ever done? They said, it was done five years ago at Johns Hopkins. They took people for 30 days and gave them psilocybin, which is magic mushrooms, for 30 days, along with cognitive therapy. And I said, well, you must have got to change out of that. And they said, yes, it was the most success they'd ever had in the history of depression treatment. After six weeks, 54% of the people had no symptoms of depression. I said, why don't you, you know, do your example against that for us.

They did. They did the study. The numbers were so, it was a five-day seminar, no drugs, you know, no cognitive therapy. It's called Date with Destiny. I do it once a year. And they then followed up. The numbers were so insane. They didn't want to get, you know, blacklisted or, you know, canceled.

So they sent out all the data. blindly to three other organizations. Here's the result. After six weeks, zero percentage of those people had clinical depression, no symptoms whatsoever. 17% went in with suicidal ideation. They all left with no suicidal ideation. 11 months later, follow up, no depression, 52%, excuse me, 71% reduction in negative emotions,

52% increase in positive emotions. So now we're doing a one-year study that's on quiet quitting to give you an idea in business as well. So we just change a few things. And you radically change how people feel and how they operate. There's some simple, pragmatic things you can do. You know, Tony, one of the things, and I've had this conversation here on the Will Kane show over the last couple of weeks, I'm going to give you an example. You don't have to address the example.

But, you know, I would talk about the Republican primary, and I would say, you know, listen, something's not working for Ronda Santis. It was just an analysis of reality, right? It's not endorsement. It's not a, I'm not waving pom-poms and I'm not, and I'm not cheering, you know, anyone's failure. I'm just trying to accurately assess reality. My argument to the audience is you have to accurately assess reality in order to change reality. And so, but so much in news, especially when it comes to politics, it's become, don't say anything negative because essentially we want to manifest our destiny, like talk positive and then it turns positive. The reason I bring that up is, I think you need to understand reality.

I think, you know, that's step one. step two diagnose improve reality after you've analyzed it so you're talking about SSRIs here here's what I would ask you so we know that young women are having a huge problem with depression kind of starting around their teens and it seems to correlate with the adoption of social media without a doubt we know that young men are having a big problem maybe a little bit later but we see the suicide and depression with young men I've speculated as to why you are very well positioned to tell us what is the diagnosis of reality. What is happening with young men and maybe with young women as well when it comes

to depression? Well, the studies with young women, the more they spend time on social media, then more likely they are depressed. And it's because we have this insane double standard for women, which is they're supposed to look like, you know, somebody that's on heroin, you know, that their body is skinny and it acts a certain way and be a certain way. And as you know, no one actually publishes reality in social media. They use filters and they make themselves look better. They make their life look better than it is. And so people feel about their lives by comparing who they're around. Well, that used to be the people you growing up with. Now you're comparing to multibillionaires, models, and people of that nature. And so it's overwhelming

for women because it's so insane that they're held to the standard. Men don't have the same standard. You see, men usually are more suicidal because they feel like they're not enough and don't have a compelling future. They don't have a place in society. They don't have a way of making it. They don't have a way of proving who they are. And, you know, when I did Theo's piece, the thing that struck me again was how many men, like he, are focused on the past, feeling like they're worthless, feeling like they're not enough. I mean, it was a genius in what he does, and yet he still was operating from kind of the past. His focus has been on these meanings he made him about himself years ago, and he's gotten so used to it, as he described it, it's like a friend. You know,

it's like this sadness, this overwhelm is like a friend. Well, I said, it is not your friend. It's just a habit. It's, I call it an emotional home. You know, when you see people, like, for example, in some parts of the country where a cyclone comes in or a storm, it destroys their home and they're crying and they've got nothing left, but at least they survived. And you'd have to have, you know, ice in your veins not to care for them. But when you see them rebuild and go through it again, about the third time, most people's brains go,

why don't you move? But they don't move because it's all they know. It's their home. And we have an emotional home. And even if it's not a good place, we go back to what we know. So what I show people is it's time to maybe, you don't have to give up your home, but maybe it's time to expand your home and have it include a new set of emotions.

If I add your audience write down on a piece of paper right now, and I'll do this in seminars, I'll say draw a line down the middle, and on the left side, write every positive emotion you experience in an average week, not once a year, not once a month, but once a week at least or more. On the right side, write all the emotions that are negative that you experience in an average week. And I give them as much time as they need. The average person comes up with 12 emotions. And some got more positive, some got more negative,

but the thing you see is there are 3,800 words in the English language for different emotions. And we have the same emotions over and over again. We use the same words to describe them. We use our body the same way. And so what I show people is how to expand it. You're ripping yourself off by having such a limited list of emotions, but people do it because of what they know. So I put people in environments where their energy is so high, their biochemistry changes. And now they start to feel differently and they start to link it.

It's like if I asked you where you were during 9-11, if you're not an American, most people can tell me where they were, who was with them, what they saw. I've asked you where you're on 8-11, you have no clue unless something special happened, because information without emotion is not retained. So I produce high levels of emotion, and then we make the changes. And that's why when they did the studies, for example, at Stanford, they go, how is this lasting a year later with no interaction? Because it was anchored into their nervous system with so much emotion at the time. It's in their bodies, not just their heads. Information without emotion. What'd you say?

It's barely retained. Barely retained. It's so. You know why your wife will be able to tell you something horrible you did 12 years ago that you've forgotten that she'll remember in detail? Some emotion attached. There's a reason. I don't remember it.

I didn't feel anything. Women have a deeper construction in their brains and female brains between the right and left hemisphere. Men are more separated. So a man can take a word and put it in the left brain and put the emotion in the right brain. Woman, you say something, and they have that emotion and that word simultaneously. So they remember more. That's why they have a deeper memory to give you an idea. Always feeling.

Always remembering these women. Tony, here's why I ask you a diagnosed reality. And I'm going to connect this to the SSRI conversation. That is society's not diagnosis. That's society's current solution to the diagnosis. diagnosis of depression and purposelessness. And it's stunning. I mean, I don't know. I don't have it in front of me, but I've looked up in the past, the percentage of people watching, listening, living in America right now that are on some antidepressant, ADHD, whatever it may be.

It's mind-blowing. And then, Tony, I would add this. You know, my wife is involved. She's involved in things that bring her into contact with the foster care system in America. And you're talking about children who have objectively awful circumstances for the entirety of their life. So like if you were saying, hey, why are you depressed? They'd be able to come up with some good reasons, you know? And the foster care system in partnership with the medical system, answer to that is, here, have some of these drugs. And these kids are on these drugs constantly and early.

And they're just an illustration, I think, of what's going on wider in society. At some point, Tony, I would have to think, and we may be already experiencing it. this chicken comes home to roost. What is the price we pay for medicating society? Well, I think you can see it already. I don't think it's something that has come to home to roost. You have so many people. I mean, most people don't want to come back to work. They were paid to stay home and now they don't want to work. And listen, I understand hybrid work can be really valuable. I have a lot of companies. We have a lot of hybrid companies. But, you know, there are a lot of companies they want their employees come back to work and they go, I'll quit.

Well, some of them are putting their foot down. Now, UPS the other day announced that everyone has to come back five days a week, all the management people. And they all complained, but they also fired 12,000 people on that day. So I think a tightening economy changes those types of things. But I think we have medicated ourselves so much that what's happened, it's like we become weaker and weaker. If you want to know the history of the country or the history of society, I'm a student of history, you study 1,000 years of Roman history, 500 years of Anglo-American history,

I can tell you the cycle. It's really simple. Good times, create weak people. They don't mean to be weak. It's just when everything is available to you and you know nothing else, you get really stressed out when your internet doesn't work and you're banging on your phone. Give it a moment. It's going to a satellite. It's like people forget. But good times create weak people. Weak people create bad times. Bad times create strong people and strong people

create great times. It's a cycle. So if you think of the greatest generation, somebody born in 1910, those people were protected during World War I. We came back in one. Think about it. When they're 10 years old, it's 1920. We're entering the roaring 20s. We have all this new technology radio and television and cars. And by the way, that generation was not respected in their youth. They were like how older generations look at millennials or Z generation. They were called flappers. Oh, wow.

They were wasteful people. They didn't care about anything. They were lazy. And they were because they grew up in ease. But guess what happened when they turned 19 or 20 and thought they're going to have a car if they're born in 1910? It was 1929. And people are jumping out of buildings.

And the middle of the country was a dust bowl. And people are standing in line for bread. Well, those people had to get tough to start. survive. And they made it through 10 years of depression, only to make it the 29 years old in 1939 when War II breaks out. And Hitler is strafing countries in a matter of days. And you and I weren't alive then, but it looked like we're going to lose. And so these people volunteered, went to war, won the war, came back now at, you know, 35, 40 years old, and they were the heroes of society and created a new society, a new direction. Well, that was a wintertime. Every winter

has a spring where people get optimistic and society does well. And that goes on for 18 or 20 years. And then we have another 18 or 20 years. We're tired of the optimism. It's like, do you ever smile so much your face hurts? It's like we need another emotion. And so we go to a summertime and that's always a fight between young and old within the culture. And then there's a fall where the stock markets go crazy and people reap really easy and somebody wants to give you a house even though you don't have a job, right? And then it follows winter again. So we're in winter right now. And we're probably two-thirds the way through it. I was going to ask you, what do you think we are currently?

We're in winter. No question. We're in winter right now. Because in winter, everything's fearful and everything's exaggerated and everything's negative. But it isn't forever. That's the good news. Every winter is followed by a springtime. Every horrible night of the soul is followed by the day.

I mean, if you were God, you'd set it up that way. So it seems to work pretty well. But it's like testing us to get strong, giving us some freedom and joy, testing us to be strong. But if you can understand that winter doesn't last forever, no pandemic lasts forever. no war lasts forever, no economy lasts forever, then you know that what's next can be better. It always has been. It's not a straight up arrow. It's not purely positive.

It's like anything. If you see a straight line in nature, that's not nature, a human druid. Real nature is like a stock. It grows up a little bit and comes down and goes up. But overall, if it's healthy, is growing higher and higher, and that's humanity. So I think, you know, we're going to see more challenges. And we've got a whole society of people, millennials and Zs, that are going to be the next heroes of our society. society. I can promise you that. I love that cycle analysis. I've never thought about it through

the four seasons. I've read about, by the way, the fourth turning, which says... Yes, that's one of my favorite books. I interviewed those guys in the 1990s. Oh, really? Yes. Yeah, and that's, the projection there, is it an 80-year cycle they talk about? Things moving 80-year cycles. Each season's roughly 20 years. It used to be 100 years in times of Rome, but it's gotten tighter now. Everything's faster. So, yeah, so 18 to 20-year cycles that we go through. Think about how the war, think about after the war, the late 40s, 45, till about the time that, you know, the president was shot, I mean JFK, it was a very optimistic time. Then the summertime, he gets shot, Martin Luther King, Robert Kennedy, and what happens?

All hell's breaking loose between the generations. And then think about the difference in the 90s and 2010s. Pragmatic kids grew up and said, I'm more interested in economics. I want to have my life be a certain way. So we go through these cycles emotionally. And if you understand them, you don't freak out so much. It's like I hear people all the time saying it's the worst environment ever politically. And sometimes when I do these events, I have these visuals I throw up.

And they're placards from Jefferson and Adams during their campaigns. And if you read what they wrote about each other, it makes what Republicans and Democrats are right and left, right about themselves seem nice. I mean, it was brutal what they wrote in those days. This is just a cycle where it. And you want to learn. Look, when winter's come, some people freeze the death or other people get smart and they ski and snow. and build a fire and grow their business and educate themselves. This is the time to do all the above and retool yourself for the next period. And the story of humanity is to save up for winter

to last through the winter. And that takes us to your new book, by the way. The Holy Grail of investing, which you go into, this is the third in a trilogy on finance that you have written. And this one, you're focused pretty tightly on private markets. The markets that have been available to elites and somehow elusive to average investors for quite some time, private equity, private debt, private placements. And I want to talk about some of that, but I'm going to start, as I always do, with where my natural curiosity begins. And you talk about in the book, sports investing.

Yes. And sports investing, obviously, I'm a massive fan. But it's interesting, the place that sports is arriving in entertainment, but also in society where it's live, and it's one of the few places anymore where we still congregate as a people and experience reality together, communally. And as such, it's made it a valuable business. business. One, you point out, hasn't always been available for us. Now there's private pools for people who jump into. But there's some teams like the Braves and Manchester United, you can

buy into publicly as well that are publicly traded. That's true. And this is part of what you talk about is getting increasingly accessible for average people, sports investing. Well, for two reasons. The first reason is because the book is really teaching something that Ray Dalio taught me, which he's one of the greatest investors of all time, managed $170 billion to give you an idea. And he talked about if you can find eight to 12 uncorrelated investments, big word for some people, it just means certain investments tend to move together. They move up together or go down. If you know stocks and bonds, they're supposed to go in opposite directions. Of course, in 2022, they all went down. But the finding eight to 12 is not easy. But if you look at it,

I interviewed 13 of the most powerful people in private equity, private credit, private real estate. And these are 20 to $100 billion companies that are getting returns of 20% per year compounded for decades. Some of them 30%. That's unheard of by most individuals. But if you're in the stock market, you've got 9.2%. That's been great for 35 years. If you were an average private equity, not the people I have in the book, you had 14.2. So you literally were getting 50% more money per year compounded.

So think of a million dollars as a round number. You can make it $100,000. But a million dollars put in the stock market 35 years ago, it's $26 million today. A million dollars in private equity, $139 million, every stock market in the world. So how does that relate to sports? Well, these teams have never, you had to be, I had worked most of my life to make enough money to actually be a purchaser of a sports team with other partners. I bought the LAFC Football Club with my partners, helped to build the stadium, had a blast doing it.

It was just fun, like you said, just amazing. But it's more than that. Now, these teams, it was announced yesterday in New York Times, the NFL is going to decide in six weeks. But the NBA has already done this. Major League Baseball, Major League Soccer, the National Hockey Association, they all allow private equity guys to buy certain ones. People have no leverage to buy pieces of these businesses. Now, why would you want it? You just said the most important reason.

They're monopolies. You have a legal monopoly. No one can compete with you. Number two, your customers are fanatics. That's what the word fan means. And they're multi-generational. Number three, it's not tied to the stock market. When the stock market goes up and down, it has no impact whatsoever on sports.

They've made it through World War I, two, the pandemics, and guess what? They continue to grow like crazy. And what they are today is not just butts and seats. They can raise the dollars to the hot dogs and you pay it, right? That's how it works. But the real value is the real estate they now have around these stadiums, and the big money, as you said, is the media. Because I'll give you a perfect example. Peter Goober is one of my dearest friends

and partners in some business and when he bought the LA Dodgers a few years back he paid $2 billion he had a team did I own a piece of it now too and everybody said no one's paid a billion dollars for a baseball team 800 million's been the most maybe the Dodgers they're so special

they're worth a billion but they're not worth $2 billion he'll never make his money back so I go to Peter who's been an executive producer of 52 Academy Award nominated movies and he says Tony I said I know you're not dumb tell me what you know no one else knows and he said Tony I'm going to leave you on the cliffhanger you know I am I'm going to announce this on Tuesday

call me we'll celebrate together so I find out on Tuesday he announces he sold the local TV rights for the Dodgers for $7 billion and made $5 billion in a day that's the value of the top 100 shows this last year that you've seen 92 were sporting events and that's because cord clipping

nobody watches ads anymore but you can't And that's majority of those were NFL. That's right. Well, you saw the streaming that Peacock did. 30 million people, right, to see Kansas City against Miami. First time they ever did it. I think the number was 15 million new members.

They got some insane number that paid $110 million to stream one program. That's how valuable sports has become now. So these, you know, Michael Jordan bought the Hornets, got the name back recently, Charlotte. He bought them for $275 million about 11.5 years ago. consortium of investors. I'm part of it as well. Just paid him $3 billion for the team. Because, by the way, you can have the last place team, and you get an equal share, one-thirtieth of all the national, international media. So you make a fortune, even if you're a terrible team, and then you have your own seats to sell, your own local media to sell, your own real estate to

sell. So the average across Major League Baseball, the NBA, you know, hockey, and Major League Soccer has been 18% compounded for the last 10 years. The stock market's been 11%. And you get the fund of ownership. And today, you get this tiny little piece and be able to join it. It's never been available before. And hopefully the NFL will be available soon as well. But this, so the holy grail of investing, and we hear you today talking about the success of private placement, private equity, private credit. It's been elusive, though.

I mean, it's like a good, it's an elite club of people with a, you know, I know how this works. I mean, there's minimum levels of investment. Most, a lot of it even now is institutional. you point out Ray Dalio, you don't get to $174 billion by average dudes putting in $1,000. So how does the person listening right now, if they find this as a worthy investment advice to follow, and after having read your book, how do you get in? Like how does this become not something just for the elites? Well, there's two things.

First of all, you couldn't even legally get in unless you were an accredited investor, which means you have to have a million dollar net worth, not counting your house, or make $200,000 a year or $300,000 a couple. And I've always said, this is ridiculous. Why do the richest people in the world get access to the best investments and the people that need it the most don't? Well, fortunately, Congress agreed in about four months ago, bipartisan, one of the few bipartisan things they've done, they passed the law that says, this is ridiculous. You might have inherited your money. That doesn't mean you're sophisticated.

You might be a good businessman, but you don't know investing. If you take a test, you study and take a test, you're accredited. You don't need a million dollars. Now, the Senate needs to approve it, but it looks like it's going to pass bipartisan as well. So that's exciting. But then you bring up the bigger point. You know, you and I are well-known people to some extent, and we have a certain amount of success,

and we know the right people. And so we might be able to get in there. And I was getting little slivers of some of the best in the world, like the ones I interviewed. Well, it wasn't going to move the dime for me, and it wouldn't move the dime for most people. So I was lamenting about this to a friend of mine who worked with Paul Tudor Jones, one of my clients,

and he started his own firm. And he said, Tony, you've helped me so much. I'm going to let you in on where I put most of my money. Now, this guy is really successful financials. I'm leaning in, you know, tell me. He goes, Tony, there's this company in Houston, Texas, called Kaz. As soon he said Houston, Texas, I'm like, not London, not Singapore, not New York, not Connecticut. He goes, yes, they're outside the bubble.

And here's what they've done. You know how you're fighting to get a little piece? They've spent billions in dollars and bought pieces of these companies where you're the general partner. So people know, when you invest in a private equity fund, they tie your money up for five years. They get 2% of your money as a fee, no matter what, whether they do well or not, they do well or you wouldn't keep your money with them, and they get 20% of the upside. That's why they're so wealthy. Well, people are willing to do it because the returns are so insanely good. Well, watch this.

You're a limited partner when you invest in one of those. A general partner is the owners, the CEO and so forth. You can actually buy a piece, small piece, a sliver of these companies. So I have a piece of 65 of the biggest private equity firms in the world where I'm getting that 2%, and 20. So I get about 10%. You're getting that 2 and 20. I'm getting 10% a year in income and all the upside multiple that comes from the growth of those businesses. And when they double in size, their costs don't double. Their profits increase. I get that. When they sell the business, I get a multiple on it. That is available to an average investor for the first time in history.

So that's one thing I was most excited about. You can do this with some of the best companies that exist literally in the world. Well, I'm sure you can learn a lot about this and the access and investing philosophy and the holy grail of investing you're doing so much out there man and i really am and i don't do you know i used to have a uh this beautiful tony this beautiful black and tan doberman i lived in new york city at the time and i would take him to central park it's leash free before nine a m he's gorgeous i'm like i know he really is gorgeous but i can't return the compliment unless it's a real compliment meaning i can't just say oh your dog's pretty too unless it's a pretty dog so i don't give gratuitous compliments i'm a fan is what i'm saying and it's it's not just positive thinking it's

intelligence, it's manifesting, you know, how you see the world. It's habits. It's investing. I know you're doing a lot of stuff in health as well. You're something here in Dallas where I live and where I'm from that you're working on when it comes to health screening. You're doing a lot of good things. In short, man, you're full of wisdom. And I really appreciate you hanging out with us today. I really appreciate it. I'm a fan of yours as well. I've watched many of your shows. I enjoy them. And by the way, I want people to know, though, if you maybe get a little investment in this book, I don't care how advanced or just beginning you are. You'll understand it. but also we're donating, as I've done for my last four books in a row,

and they've all been number ones. 100% of the money goes to feeding America. And I set a goal 10 years ago to feed. I was fed when I was 11 years old on Thanksgiving. We had no food and changed my life. It wasn't the food. It was that people cared. And so I started with two families, and then four.

And then I got to a million families, and then four. And I said, I want to pride a billion meals in the United States in 10 years. And I'm proud to tell you, we did it last year, two years early and eight years. And we're continuing. Now we're doing 100 billion meals across the world. So while you're changing your own life, you'll be helping other people who are really in need as well. Awesome.

Awesome. Providing solutions as well in this world. Thank you so much, Tony Robbins. I really appreciate it. Next time in person. I know a lot is lost. You know, nonverbal, you know, body language, energy. You know, I believe that.

We manipulate energy in the room. So we're losing a lot of it here, but I think we did a good job with your wisdom. No, thank you so much. Well, I'll see in person sometime soon. All right. All right, take care. Tony Robbins here on the Will Kane show. That was awesome.

That will be something that will live at Will Kane Show on YouTube because that will be something that you want to listen to watch whenever you can find the 45, 50 minutes that you have available to make your life better where you can actually find there's some room in your day for wisdom. And then go, of course, check out the Holy Grail of investing among the other two books in his trilogy on finance. Tony Robbins. I hope you enjoyed that conversation with Tony Robbins. I hope you have a wonderful Labor Day. And we'll be back tomorrow live on the Will Cain Show. Listen ad-free with a Fox News podcast plus subscription on Apple Podcast. And Amazon Prime members, you can listen to this show,

ad-free on the Amazon music app. This is Jimmy Phala, inviting you to join me for Fox Across America, where we'll discuss every single one of the Democrats' dumb ideas. Just kidding. It's only a three-hour show. at noon Eastern or get the podcast at Fox Across America.com.