{"podcast":{"title":"First Principles","slug":"first-principles-7708985","podcast_index_feed_id":7708985,"rss_url":"https://feeds.megaphone.fm/PODAGEN4765221373","website_url":null,"image_url":"https://megaphone.imgix.net/podcasts/06eebd2a-0779-11f1-826e-37926ac18342/image/fca7c8febd1441fc3b0d54084418b06d.png?ixlib=rails-4.3.1&max-w=3000&max-h=3000&fit=crop&auto=format,compress","author":"Adrian Wells","episode_count":324,"summary":"First Principles isn't another business podcast recycling the same startup stories. Adrian Wells takes the fundamentals that actually matter and breaks them down like you're having coffee with the smartest professor you ever had. Wells spent twelve years teaching philosophy and critical thinking before ditching the lecture hall for the microphone. Turns out, the same principles that help you think clearly about ancient Greek ethics also work pretty well for modern business decisions. Who knew? Every episode strips away the latest trends and buzzwords to focus on the core ideas that don't change. How to actually evaluate evidence when everyone's throwing around statistics. Why most \"revolutionary\" business advice is just old wine in new bottles. The thinking patterns that separate smart decisions from lucky guesses. You won't get hyped-up success stories or flavor-of-the-month strategies. Instead, you'll learn how to think through problems the way philosophers have for centuries, applied to the stuff that matters in your work and life right now. Multiple new episodes drop daily, so there's always something fresh when you need it. Follow now if you're ready to think better, not just…","last_synced_at":"2026-07-23T16:19:48.696188+00:00","page_url":"https://stenobird.com/podcast/first-principles-7708985"},"episode":{"title":"Why Ramit Sethi Says Your Dream House Is Bankrupting Your Future","slug":"why-ramit-sethi-says-your-dream-house-is-bankrupting-your-future","published_at":"2026-07-20T03:33:00+00:00","page_url":"https://stenobird.com/podcast/first-principles-7708985/why-ramit-sethi-says-your-dream-house-is-bankrupting-your-future","show_page_url":"https://stenobird.com/podcast/first-principles-7708985","url":"https://traffic.megaphone.fm/PODAGEN9441417376.mp3?updated=1776258200","audio_url":"https://traffic.megaphone.fm/PODAGEN9441417376.mp3?updated=1776258200","summary":"What if everything you think you know about building wealth is completely backwards? Ramit Sethi just dropped some serious truth bombs about homeownership that'll make you question the American Dream itself. In this eye-opening episode, Adrian Wells breaks down why that dream house might actually be your financial nightmare. 🎯 What You'll Learn: • Why a $400,000 house actually costs you $600,000+ (the hidden expenses nobody talks about) • The 7-year rule that destroys most homeowners' wealth plans • 10 alternative investments that beat real estate returns without the headaches • How renting the exact same property can save you $500-1000 per month 👤 Perfect for: lifelong learners who want to make smarter money decisions based on actual math, not emotional marketing. Here's the thing most financial advisors won't tell you: when you factor in maintenance, taxes, insurance, and opportunity cost, that monthly mortgage payment is just the tip of the iceberg. Sethi breaks down how the average American moves every 7-9 years but needs to stay put for 5-7 years just to break even. The math gets ugly fast. 📍 Chapters: [00:00] Adrian Wells introduces the homeownership myth [01:30] The real cost breakdown that shocks most buyers [04:00] Why timing the market matters more than you think [07:00] Sethi's 10 wealth-building alternatives to real estate [10:00] The renting vs buying calculator that changes everything [12:00] Action steps you can take this week But here's what makes this different from typical finance advice: Sethi uses actual numbers from real situations. No vague \"it depends\" answers. Just cold, hard facts about where your money actually goes and how to make it work harder for you. 🔔 Never miss an episode: Follow First Principles on Apple Podcasts or Spotify and turn on…","meta_description":"What if everything you think you know about building wealth is completely backwards? Ramit Sethi just dropped some serious truth bombs about homeownership…","key_points":[],"chapters":[],"topics":[],"duration_seconds":1128,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/first-principles-7708985/episodes/why-ramit-sethi-says-your-dream-house-is-bankrupting-your-future/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/first-principles-7708985/why-ramit-sethi-says-your-dream-house-is-bankrupting-your-future.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}