We Study Billionaires
We Study Billionaires

RWH061: How To Thrive No Matter What w/ Arnold Van Den Berg

In this episode, William Green chats with Arnold Van Den Berg, a revered investor whom he spotlighted in his book, Richer, Wiser, Happier. Against all odds, Arnold has run a highly successful investment firm for 50 years. Here, he discusses what he’s learned about how to succeed in markets & lif

Featured Speakers

Stig Brodersen HostArnold Vandenberg Guest

Topics Discussed

Episode Summary

Executive Summary: Arnold Vandenberg describes how decades of studying the subconscious mind, breath, hypnosis, and “one-pointedness” reshaped his view of performance, health, investing, and happiness. He connects yogic and psychological states of flow to resilience in extremity, then translates those lessons into practical routines, affirmations, and contrarian investing principles rooted in character, discipline, and long-term patience.

Main Topics: One-pointedness, flow, and the subconscious mind (Priority: 5/5): Vandenberg argues that deep focus, breath control, hypnosis, and flow states can unlock unusual performance, creativity, resilience, and emotional control. He links yogic concepts to modern psychology and says these states can be deliberately trained. Survival, concentration, and meaning under extreme suffering (Priority: 5/5): He draws on his father’s Auschwitz death march experience, Viktor Frankl, Dostoevsky, and Solzhenitsyn to show how intense mental focus, love, and character helped people survive dehumanizing conditions and preserve inner freedom. Self-hypnosis, affirmations, and practical mental conditioning (Priority: 5/5): He explains the techniques he uses daily: counting backward, progressive relaxation, self-talk, and affirmations. He presents them as tools to reprogram beliefs, increase energy, and improve performance in business, sport, and life. Investing discipline and contrarian positioning (Priority: 4/5): Arnold ties his investing success to character, patience, Graham-style discipline, and avoiding leverage. He says today’s environment favors real assets and commodities, and he is positioned accordingly with gold, silver, uranium, oil, gas, cash, and short-duration bonds. Happiness, love, and generosity as the highest goals (Priority: 4/5): He says money soothes nerves but does not create lasting happiness. His greatest fulfillment now comes from unconditional giving, sharing knowledge, and helping others without transactional expectations. Health, breath, and longevity (Priority: 4/5): He emphasizes lung capacity and breath work as central to health and longevity, citing breathing exercises, a spirometer, cold exposure, and personal improvement in lung capacity as evidence that breath training matters.

Key Arguments: Extreme focus can transform performance: Arnold argues that one-pointed attention, whether through breathing, mantra, hypnosis, or deep concentration, is a trainable state that improves investing, athletics, writing, and emotional stability. The subconscious mind is programmable: he repeatedly claims that what is impressed into the subconscious through repetition, visualization, and suggestion becomes behavior, skill, and belief. Character determines survival and success: drawing from Dostoevsky and his father’s Auschwitz experience, he argues that honesty, truthfulness, and moral strength preserve judgment, self-respect, and the ability to love. Love is the highest human aspiration: he says the greatest happiness comes from unconditional love and service, not wealth or status. Breath is foundational to mind and body: he contends that slower, controlled breathing supports creativity, calm, energy, healing, and access to altered states of consciousness. His own life proves the method: he cites self-hypnosis helping him overcome fatigue, become a champion rope climber, aid his son’s athletic performance, and even reduce the impact of strokes. Investing should be rooted in value, not leverage or crowd psychology: he favors cash reserves, short-duration bonds, and real assets in an overvalued market rather than chasing popular indexes. The current macro backdrop favors commodities: he sees debt, money printing, currency weakness, and AI-driven power demand as supportive for gold, silver, uranium, natural gas, and oil.

Data Points: Age: 86 - Arnold notes his age while discussing lung capacity, health, and current life perspective. Years studying the subconscious mind: 50 years - He says he studied the subconscious as a hobby for decades after conversations with his father. Breathing rate of average person: 16 breaths per minute - He contrasts ordinary breathing with yogic and trained breathing practices. Yogic breathing rate: 5 breaths per minute - He says yogis aim to slow breathing well below the average person. Advanced yogic breathing rate: 1 breath per minute - He cites yogic one-pointedness as an extreme state of breath control and concentration. Brainwave bands: Beta 13-30 Hz; Alpha 8-12 Hz; Theta 4-7 Hz; Delta 0.5-3 Hz - He uses brainwave ranges to explain focus, creativity, sleep, and deep absorption states. Swami Rama temperature control: Up to 10 degrees lower in one arm - He references laboratory studies showing autonomic control under scientific observation. Breath-hold record: 22 minutes - He mentions a deep diver who could hold his breath for 22 minutes. Spirometer lung capacity improvement: 2,200 ml to 4,500 ml - Arnold says he doubled his measured lung capacity for his age group. Cold-shower affirmation repetitions: 30 times - He says he repeats Emile Coué’s affirmation 30 times each morning. Hypnotic induction timeframe: 7 to 11 minutes - He says alpha/theta states can be induced via hypnosis in this time window. Self-hypnosis learning period: 10 days - He says it took him about 10 days to learn self-hypnosis. Rope climbing achievements: League champion 3 years in a row; school record never broken; 9th in the nation - He cites his athletic success as evidence of focused training and mental conditioning. Bear market duration: 6 years - He describes entering the market at the top in 1968 and enduring a long decline through 1974. Marital duration: 50-year marriage - William Green references Arnold’s long marriage to Eileen as part of his abundant life. Portfolio allocation: 15-20% cash - Arnold says he keeps substantial cash to exploit future bargains during declines. Personal bond allocation: 35% in treasury bonds - He says his own portfolio is conservative because he no longer needs additional growth. Reported market overvaluation: 25% more overvalued than ever - Arnold says current market valuations are historically extreme based on his metrics. Dollar decline: 12-15% this year - He uses the dollar’s decline to support his commodity thesis. Quantum computer speed claim: 158 million times faster - He cites an article to illustrate the scale of future computing power and analogizes it to the mind.

Pivotal Quotes: "There’s one thing we don’t understand about the mind, but it has a power that we don’t understand." — Arnold Vandenberg: He recalls his father’s explanation of how focusing his mind helped him survive the Auschwitz death march. "Most people are only as happy as they make up their minds to be." — Arnold Vandenberg: He quotes Solzhenitsyn to argue that happiness depends more on mental discipline than circumstances. "Love is not transactional." — Arnold Vandenberg: He explains that unconditional giving, not expectation of return, creates lasting happiness and fulfillment.

Implications: The episode argues that mental training is a practical performance technology: listeners can use breath, focus, and self-suggestion to improve resilience, judgment, and well-being. For investors, it reinforces discipline, caution with leverage, and a contrarian tilt toward real assets in an inflated market.

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About We Study Billionaires

We interview and study famous financial billionaires, including Warren Buffett, Ray Dalio, and Howard Marks, and teach you what we learn and how you can apply their investment strategies in the stock market. We Study Billionaires is the largest stock investing podcast show in the world with 180,000,000+ downloads and is hosted by Stig Brodersen, Preston Pysh, William Green, Clay Finck, and Kyle Grieve. This podcast also includes the Richer Wiser Happier series hosted by best-selling author Wi...

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