Bulletproof For BJJ Podcast
Discussions on improving your BJJ, navigating mat-politics and all aspects of the jiu jitsu lifestyle. Multiple weekly episodes for grapplers of any level. Hosted by JT and Joey - Australian jiu jitsu black belts, strength coaches, and creators of Bulletproof For BJJ App. Based out of Sydney, Australia
Bulletproof For BJJ Podcast
Do You Have A BJJ Investment Strategy?
How do you ensure you have the best experience when training BJJ? How do you build your life around jiu jitsu, or rather put your jiu jitsu around your life? We all live very volatile lives. It's very important we have a PLAN. Do you have a strategy?
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A good martial artist does not become tense but ready. Essentially, at this point the fight is over, so you pretty much flow with the goal. Who is worthy to be trusted with the secret to limitless power?
Speaker 2:I'm ready.
Speaker 1:What is your investment strategy for BJJ? The way you live your life can be very volatile, and this can be very similar to how you invest and, as we know, the stock market can go up and it can also crash out, and so really how you're living can be reflective or impact how you do your jujitsu. Oftentimes, joe, people aren't making progress at jujitsu and they don't know why. They're like fuck, I've got to change up my jujitsu. Actually, not necessarily the case. People are living wild and loose, like many investors in the stock market. They put money in this, money in that meme, coin, that, and then they're suffering at jujitsu. And I wanted to actually unpack this because people don't think about their lives in this way.
Speaker 2:All the dudes that shorted GameStop are like whatever, bro, you're a boring cunt. I'm fucking cleaning up over here on Dogecoin while you're over here telling me I need to fucking invest in my 401k.
Speaker 1:Well, potentially potentially, but no, I want to talk about this because there would be many people out there in the jiu-jitsu community who have a philosophy, a take a position on investment and what they do with their money.
Speaker 2:Well, yes, potentially yes. I think probably first we need to explain how investing works in very simple, because a lot of people are like well, I threw it all into crypto because I thought that was the only game in town.
Speaker 1:Yeah, but also, this is not investment advice.
Speaker 2:No, no, no. But in terms of clarifying the analogy, sure, Right, like, yeah, you can invest your money in different ways, and there's all these kind of more traditional ways that I've seen as pretty boring. And then online gambling and cryptocurrency came along, and this appealed to a younger generation because they're like fuck, yeah, this is sick, I'm going to overthrow the government and I'm going to get rich, and it's going to be great, and, you know, reform the banking system, whatever, and uh, well, you know, all of the people you knew that were talking about cryptocurrency are now no longer talking about it. Well, not to say that it's not a thing, but it just it made a lot of promises that weren't necessarily fulfilled. Uh, but in any case, it's a volatile realm.
Speaker 1:It is and what I want to talk about investing in your superannuation or your 401k.
Speaker 2:It's less volatile, but it's not sexy. Yes, that's true.
Speaker 1:So which one are you? What's the right way to go? Because life itself can be volatile, depending on how you live it, and this can directly impact your jujitsu, I mean.
Speaker 2:I love the fucking volatility of my 20s.
Speaker 1:Oh yeah, it's great. Oh yeah, a hundred percent, 100, I mean it's fun, right, yeah, I'm fucking all in on it. But I think what is misunderstood here is that when you have a more volatile lifestyle, you uh, you have less bandwidth for volatility at jujitsu, correct? So when jujitsu gets fucking hectic and volatile, you might be fucking, you know, you might be overreaching there, and then that's where you can crash out. And so this is what I want to get into, because I am somebody who I'm not volatile, I'm a man. I'm stocks and bonds.
Speaker 1:I'm fucking, I am the most boring dude ever, because that gives me way more tolerance for volatility at Jiu Jitsu, because I minimize volatility in my life, which I fully accept is not the most interesting thing ever. My wife is constantly telling me to have more fun. She didn't realize that I enjoy being boring, that this means I can go fucking ham at jujitsu and still bounce back. I can go super nuts in the gym if I feel like it, but because I'm recovered if I feel like it, but it doesn't because I'm recovered, because I'm not, you know, overreaching in other parts of my life, it's possible. So I wanted to talk about or, you know, bring an analogy that people could relate to, because sometimes people don't realize that what they're doing could be potentially volatile.
Speaker 2:Yes, so what does a volatile lifestyle look like, jay Tizzle?
Speaker 1:For example, someone might be having a fairly stable life and then they go ooh, what's this crypto lifestyle that you're talking about? What is this downhill mountain bike racing you're talking about? I think I'll take up skating in my 40s. That'll be cool. My friends all we used to skate when we were teenagers. I'm getting into recreational meth. Oh, imagine.
Speaker 2:The high is really good and it's cheaper than alcohol.
Speaker 1:Hey look, I've been using that numeric health service and if I set up a different account I can blast twice as much TRT, imagine. You know it's all discounted. I'm using Craig's official discount.
Speaker 2:Hey, I think I want to try being in a polygamous relationship.
Speaker 1:Oh so.
Speaker 2:I've gone and got myself 16 different wives.
Speaker 1:Oh, imagine, because obviously one wife is easy enough to keep happy. Or hey, let's say you might be having a new baby soon, because you've forgotten how bad it was the first time around. And you're like, oh, they're so cute. And you're like, yeah, let's get another kid, maybe not. So here's the thing Many examples of volatility. What we cannot fully realize is the impact that will have on your life, which can be fucking the game up, which means your jujitsu just falls apart. And this is the thing Oftentimes, when things are not working at jujitsu, we blame jujitsu, we blame the coach, we blame our training partners. Oh, I got injured because that guy. But also, you didn't sleep all night, or you know. I think the classic example is we all know somebody who never stopped partying. We know somebody who was going hard in their early twenties. You don't see him for a while and then you see they've posted a clip from Ibiza whatever Ibiza, and yeah, ibiza. And then they're like, yeah, they're 36 and they might be onto their third wife.
Speaker 2:Or you know an observation I've made about like cats that go hard on the partying scene when they're you know whatever, like late thirties, forties kind of thing, yeah Is, it's usually the ones that didn't party when they were younger. Oh yeah, this is my observation.
Speaker 1:Like anyone.
Speaker 2:Most of the people I know who like whatever, like towards the end of school, teenage years, early 20s, were getting after it fucking going out, drinking, doing drugs. They usually get it out of their system, right, you know. Some don't, of course, but, but most do.
Speaker 2:Uh, but the ones that were like for whatever reason yeah, you know we're focusing on playing sport, or you know we're really academic or just not particularly social. They come around. I remember some of my friends like me. They used to be like bro, have you tried ecstasy? Yeah, bro, we did that like 15 years ago.
Speaker 1:It was great.
Speaker 2:And now I don't, because it fucking fucked me up too much, but they're like oh bro, it's fucking unbelievable. It's just funny. Because you pay such a greater price at an older age, it is harder to recover, not to say it can't be done.
Speaker 1:No, it can be done, but that's the thing. The cost is kind of higher, right? The interest rate is higher, yeah, and so this is a conversation. I was listening to investment folks talking about the leverage of debt, but also the cost of debt, because sometimes the interest rate is higher, so having debt it's expensive, and then when the interest rate is lower, you can do more with it. It's a tool. The problem is when people get in the habit of spending beyond their means, sometimes with volatility, the fucking interest rate goes through the fucking roof and you're paying a way higher cost. The floor falls out from underneath you, right?
Speaker 2:So when you've got that stable lifestyle. This is basically describing the Australian property market. Please continue.
Speaker 1:Let's not go there. But that's the thing, right, like if you are living a very stable lifestyle, you think, oh, I can do an extra, I can do a comp, I'm going to fucking, I'm going to go to Asian championships, I'm going to train up and go to. Well, I'm going to world masters Heard, that's a good time. So you start doing comp class every week and you start doing weights and then you're like fuck, yeah, I'm, I'm fucking enjoying this, this is great. And then maybe they're asking you to do some extra shifts at work. But you're like nah, but I'm, I've bought my tickets, I'm still going to worlds.
Speaker 1:So you just, you're running on fumes. Now you're doing the extra shifts, you're doing the training and you're like man, I feel sore all the time. Fuck, my body hurts. Nah, but I'm in it, I'm committed. And then you fucking tear a ligament in your ankle and you're like, fuck, it's only four weeks, first round, and it's not necessarily the trip of your dreams, but you just chalk it up to experience and now you haven't fully addressed your ankle. Maybe you made it worse and, because of volatility in your life, your experience of jiu-jitsu has been diminished. I mean, someone's got to lose first round, bro don't make it be you.
Speaker 2:Hey, someone's got to lose.
Speaker 1:No, Listen to you.
Speaker 2:Why not you?
Speaker 1:Why not you, hey? The stock market crashing costs you nothing. Your money going to zero is not costing you anything.
Speaker 2:Except for everything you invested. I'm picking on your analogy there. I'm picking up what you're putting down.
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Speaker 2:Yeah, that's right. Like it's very hard to. It's often hard to take a step back and look at all the shit that's going on in your life and be like, oh, what are the things here that are competing for my energy or attention? And if you're not careful, right, it's very easy for a lot of things to be competing for your attention. Like if you're not good at cutting things away and like setting boundaries and whatnot, and that level of volatility can really fucking screw you up.
Speaker 1:Yeah, and life doesn't get less busy, generally, like, unless you're like retired. But essentially, wherever you're at, in whatever stage of jiu-jitsu, the commitment to jiu-jitsu will grow. Like you buy in, more, the skills are, more, the training's more. It's rare that you do jujitsu for a sustained period of time and it gets less demanding. Same thing with life. You start a business and you you know, careful, what you wish for.
Speaker 1:Obviously we would love for you to be successful in your business, but then, fuck, I've got to get staff. Oh shit, now I've got to manage. Gotta manage staff. Oh fuck. Who's doing the invoicing? Oh, my accountant quit and retired. Oh fuck, I need a new account. Like so many um, smaller contributing factors can come together to make your life super unmanageable, which just means jujitsu is not going to move forward. And and as simple as uh, that might sound, if you're trying to get better at jujitsu, my argument or thesis here is how can we limit the volatility in your life so you have better bandwidth for jujitsu and the volatility that can occur there? Because also jujitsu can be its own source of volatility, which can fuck up your life.
Speaker 2:You might have a very stable life and then you fucking, you know you bulge a disc in your neck.
Speaker 2:Especially if your coach is a mad crypto bro. Then you got double layer volatility, because not? Only is he trying to break you on the mats. He's trying to break your bank account too, or you got to get in on this now yeah. Yeah, that's right. I mean jujitsu is the ultimate fucking volatility. Yeah, risky investment right like this is. This is where you have conversations with some folks. You're like you know what fam, what I'm hearing from you.
Speaker 2:I don't think you should do it I had this conversation with it, with a jujitsu friend uh of the show, I won't name him but on the weekend who was like been trying to get back to jiu-jitsu. He's got some injuries, got fucking three kids under five. Just you know, like living the life.
Speaker 2:And he's like, oh yeah, I've got to do it, I've got to do it. It's just so hard. Injuries, no, but I've got to do it, I've got to do it, I'm going to do it, I'm going to do Don't do it, don't do it, don't do it right now. Just, you know, it sounds like you're really busy and I just don't think that's a great time to be throwing yourself back in the fire. But on the flip, I was like maybe the best thing is that you just make that promise to the team and you just come back. But I'm like I don't think it is based on you know all of the case studies I've been lucky enough to have witnessed and advised upon.
Speaker 2:I was like that time will come. Your kids are not going to be all under five forever, no, but yeah, so you've always got to be thinking like what's the other shit that's going on? And how much room do I have here for fucking around? You can't do it all, which is probably good. Crypto advice If you want to fuck around with crypto, do it with some money you're happy to let go of.
Speaker 2:Don't do it with your fucking like the college fund that your parents set up for you. Or don't do it with the remortgaging your parents' house. Sure.
Speaker 1:I think the biggest challenge in all of this is that we just don't know what the cost is.
Speaker 1:Like we just can't foresee all the crazy shit that can happen in your life. Like we just can't foresee all the crazy shit that can happen in your life and, as a result of that, giving yourself a margin of safety is one of the best things you can do. It doesn't matter if you're running a business or it's your health and fitness. Like leaving one or two reps in the tank and not maxing in the gym can be the difference between you walking away getting stronger and coming back another day to you herniating a disc and then being in chronic pain for months at a time.
Speaker 1:And so when we're looking at all these things and I'm not an inherently conservative person, I'm a pro-risk kind of guy I'm like swing for the fucking fences, bet it all. That is what I enjoy. But if you actually look at how I live my life, I I have a very low-key lifestyle, so that when the time comes to go all in on something, I feel like it's safe for me to do that, or I have the bandwidth to take a huge l or a crash out you're in the best position to handle some volatility yeah, yeah, you know, and you, you don't want to be driving full tilt with no brakes.
Speaker 1:You want to. You want to be able to slow down if necessary. And if you're someone who has a family, runs a business, or even if you're just a um a, a single young person doing your thing, there can be a lot learned from crashing out. But then also the lesson is fuck, I never want to do that again. So I don't think you have to fail catastrophically to know that's not a good idea. You know we can learn that lesson from our, from our, our friends, and so, uh, people who you can learn lessons from, people are doing great, and you can learn lessons from people who are completely fucking up.
Speaker 1:And so, like the reason why I was drawing that analogy about the person who's partying, you know, in their late thirties, forties, and they're just you're like, yeah, for me, I just I wonder, what are you chasing? What is it that you feel you will get from that? Because I think after a period of time, you realize, if you haven't found the dance partner you're looking for at 3 am, it's probably time to just head to the kebab shop, get your HSP, your halal snack pack and fucking go home, like there's a point at which being 5 am and the last two people on the dance floor is not where you want to be.
Speaker 2:Yeah, a wise person told me, go ugly early and beat the two o'clock rush oh my god what do you fuck that just you bringing that up of like being 3 am being like fuck. Where's everyone gone? It's like the shittest place to be.
Speaker 1:It's not where you want to be, and really because it will cost you. It costs you the next day, the day after. It's this carry on effect that when you do things that are highly volatile, this fucks up your jujitsu. So if you can look at your life and go, you know what that's probably. If you can look at your life and go, you know what that's probably. I probably shouldn't take up marathon running if I'm doing jujitsu. You know, like kite surfing expensive, maybe a little bit fun, maybe potentially very injurious as well.
Speaker 2:What about wingsuit flying?
Speaker 1:Hey, I heard it's a good time, yeah, looks fun, why not? But I think it's because when you're new to something or something, because it's easy to get bored and and the human brain, like we, really crave novelty. Right, that's why there's always these new fads and fashions, because we want that, that new shit, what's exciting, what's sexy. And ultimately, if you want sexy jujitsu, uh, I believe that you've got to have a less sexy lifestyle. That's just my take on it.
Speaker 2:If you want something, treat yourself to the new dana, her instructional, you know. Treat yourself to a new bulletproof program why not? Yeah, yourself to a bulletproof t-shirt perhaps. Sure, you know a bit of sensation, but I'd maybe do a fucking bit of m on the weekend, you know get it out of your system.
Speaker 1:Yeah, you just. Hey, you just. You feel you want to loosen up bit of cat, just eyeballs rolling around as you do. No, I um. The reason why I say this is I people often ask me like man, how do I be in the gym as much as you and how do I fucking stay healthy like you? And I'm like you probably don't want to do what I do Like I'm not. I'm such an uninteresting person outside of the things that I am invested in that you wouldn't want to be me. You know, I don't think it's in the same way. When we look at someone like Gordon Ryan and we look at his performances, you don't necessarily want to do all the shit that he has done in terms of the volume of training, the fucking drugs, the, the pain and suffering and the obsessiveness to be so great. You don't want that in your life. Like it's. It's a shit life to be able to achieve that thing and it's just that we don't have a clear lens. Wow, what that costs, right?
Speaker 2:Not fair. It's not so enjoyable Shit life, but I'm saying it's but you sacrifice something to have something else. It's not fun.
Speaker 1:Yeah.
Speaker 2:There's always something to be Like everything's a compromise.
Speaker 1:Yeah, definitely, and it's just like what are you prepared to pay to get what you want? Boom, boom.
