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I love helping you answer all the toughest questions about life, money, and so much 00:00:08.040 |
more, but sometimes it's helpful to talk to other people in your situation, which 00:00:12.860 |
actually gets harder as you build your wealth. 00:00:14.920 |
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And if you choose to apply, be sure to let them know. 00:01:39.600 |
And welcome to All The Hacks, a show about upgrading your life, money, and 00:01:43.920 |
travel all while spending less and saving more. 00:01:48.240 |
And it is so great to have you here for a really exciting episode. 00:01:51.640 |
If you've never been a fan of basketball, you might not recognize our guests, but I 00:01:55.920 |
can assure you it's a conversation you won't want to miss. 00:01:59.320 |
And if you are a fan, then I'm sure you'll recognize NBA legend Manu Ginobili. 00:02:03.720 |
Though by the end of this episode, you might refer to him as minivan driving, 00:02:08.560 |
savvy investing, credit card points obsessive NBA legend, Manu Ginobili. 00:02:13.560 |
Manu grew up playing basketball in Argentina and started his professional 00:02:21.000 |
In '99, the San Antonio Spurs picked Manu with the second to last pick in the 00:02:26.040 |
entire NBA draft, but he wasn't offered a spot on the team right away. 00:02:30.000 |
So he kept playing in the EuroLeague, leading his team to win the 2001 championship. 00:02:34.840 |
Finally, the next year he joined the Spurs roster and played his entire 00:02:39.360 |
16-year NBA career with the team, where they made the playoffs all 16 years, won 00:02:44.640 |
an NBA championship four times, and Manu was named a two-time NBA all-star. 00:02:50.600 |
If that wasn't enough, he led team Argentina to an Olympic gold in 2002, 00:02:56.000 |
which was, and still is, the only time Team USA has lost gold since 1988. 00:03:01.840 |
In fact, he is only one of two players in basketball history to win the EuroLeague, 00:03:07.560 |
an Olympic gold medal, and an NBA championship. 00:03:10.960 |
He retired in 2018 at 40 years old after playing professional basketball for 23 00:03:16.920 |
years. If that seems long, it's because the average NBA career is only four and a 00:03:21.600 |
half years. In fact, only 30 people in history have ever played into their 40s. 00:03:27.160 |
In our conversation, we'll discuss how Manu pushed his mind and body to play on 00:03:32.680 |
one of the world's biggest stages longer than everyone else. 00:03:36.040 |
This includes talking about training, fitness, diet, mindfulness practices, and 00:03:41.200 |
more. But that's not all we'll be talking about. 00:03:43.840 |
There's another side of Manu that few people know about, and it's a big part of 00:03:49.880 |
While there are so many professional athletes out there buying fancy cars and 00:03:53.720 |
watches with big stacks of cash, Manu was pulling up to the AT&T center in his 00:03:58.440 |
minivan and always making sure he used the right one of his five credit cards to 00:04:04.280 |
This is going to be a fantastic conversation, so let's jump in. 00:04:15.200 |
I read a New York Times article this morning, and it's from 2017. 00:04:19.680 |
And it said that you're two times more likely than the rest of the population to 00:04:25.240 |
And I know you grew up around basketball and you played when you were young. 00:04:30.640 |
And how much do you think that pushed you into the sport? 00:04:35.640 |
Well, my father was a big fan of the sport, was actually the president of Boys 00:04:44.760 |
And I spent a lot and I mean, a lot of time shooting hoops and playing with 00:04:52.800 |
I just got very lucky that my genetic code propitiated my basketball abilities 00:05:06.680 |
And the combination of things sparked my career. 00:05:10.720 |
And do you think your younger self ever would have imagined the career you had? 00:05:14.800 |
Not in a million years, I could visualize early that playing in Argentina at a 00:05:21.160 |
high level, maybe with the national team, then later with maybe in Europe. 00:05:26.920 |
But having had a career like this, winning multiple NBA championships and 00:05:32.640 |
playing for 16 years in the NBA, that was impossible to forecast because there was 00:05:38.560 |
not one Argentinian in history that played in the NBA when I was a kid. 00:05:44.520 |
So for us, it was unreachable, was something impossible. 00:05:47.200 |
And Michael Jordan was an alien that came from somewhere else to play hoops. 00:05:56.200 |
Have you have you changed the kind of aspirations of Argentinian basketball 00:06:00.360 |
Well, after so many years now, I think we are 15 players from Argentina that ended 00:06:07.720 |
up playing in the NBA, some for a few games, some others for for many. 00:06:11.880 |
So the NBA became that this world league, more than an American league, became more 00:06:18.680 |
of a goal, something more reachable than what it was for me. 00:06:22.320 |
They've done a great job recruiting and drafting talent all over the world. 00:06:28.160 |
So basically every, every single country have one participant in the 00:06:37.520 |
Yeah, and your career didn't start in the NBA. 00:06:40.440 |
So I know you kind of had an atypical NBA career. 00:06:44.200 |
I think you were maybe 25 when you finally got to the NBA. 00:06:47.680 |
And like you said, first player from Argentina. 00:06:50.400 |
How did that path of being an outsider coming in late play into your role and 00:07:07.720 |
And I needed the, the extra work and the extra time in Europe to, to develop my 00:07:16.280 |
So even the day I got drafted at 22, I had zero expectations of being drafted. 00:07:22.960 |
And I think the Spurs either, they got me at number 57 and I didn't even know the 00:07:35.680 |
I had different types of expectations for my career. 00:07:42.520 |
And some goals, I reached some goals and then put the next one and then the next 00:07:49.000 |
one, and all of a sudden I, all of a sudden I felt, I found myself at 25 playing for 00:07:56.320 |
So the benefit of all that was that I saw basically everything. 00:08:02.640 |
I was a backup in Argentina as a small league. 00:08:06.760 |
Then I was playing in second division in Italy. 00:08:09.520 |
Then I moved to a very good team in Italy and I was supposed to be a six man there. 00:08:16.040 |
And the following year was more of a, the go-to guy in the championship team. 00:08:20.840 |
So I went through every stage to the NBA and made me, I think, value way more where 00:08:31.520 |
So I, from, from day one here in the NBA, I never took anything for granted. 00:08:40.640 |
It took me to get here and I was going to use it as well as I could. 00:08:44.400 |
A lot of the people I know, whether they're in sports or entrepreneurs, they 00:08:49.160 |
find that they have this skill and they're successful early on in the career. 00:08:52.440 |
And they're sometimes difficult to be coached. 00:08:57.880 |
It seems like you appreciated the value of coaching and 00:09:03.840 |
How did that evolve and how are your relationships with coaches? 00:09:06.480 |
I had very good relationships with every coach I had. 00:09:10.520 |
I'm not sure where that, where that comes from. 00:09:13.400 |
I wasn't, I've never been a rebellious type of guy. 00:09:16.720 |
I never challenged the authority or I just follow the rules and try to accommodate 00:09:23.720 |
my skills to what I was being asked and try to bend those rules slowly. 00:09:29.720 |
The way, the way it happened with, with Bob, with, with the Spurs, but 00:09:33.480 |
trying to, within the system, try to use my skills the best way I could. 00:09:38.360 |
But I both, well, actually everywhere I played in Italy, national team, NBA, 00:09:44.880 |
or, or in Argentina, I still have good relationship with my coach. 00:09:49.640 |
And do you think the, the value of coaching applied equally 00:09:53.960 |
throughout your career when you were just getting started, but 00:09:59.440 |
In the last 16 years, I had only one coach basically with the Spurs and 00:10:07.520 |
So I had the utmost respect for him, both on the court and off the court. 00:10:14.200 |
In, in the national team, we had only three coaches in the 20 00:10:22.320 |
So that time allows you to, to create a bond, a connection and a way of 00:10:28.520 |
communicating that goes beyond only words and, but times are great times. 00:10:35.840 |
So I know I'm, I'm part of a 1% or even less of players that, you know, had 00:10:43.880 |
So it's a few amount of different type of personalities. 00:10:53.240 |
And I, we had a great relationship with, with all of them. 00:10:58.880 |
What do you think led to you being with the same team the whole time when I'm 00:11:04.200 |
sure you had teammates coming and going the entire experience? 00:11:07.760 |
Well, I think that I fit, I fit in this organization and I was very lucky to 00:11:15.160 |
have RC and Bob that really liked me, really love having me around and what I 00:11:20.440 |
gave the team both on and off the court, because it depended on them, not only on 00:11:26.040 |
me, then on my side, I, I just was happy here. 00:11:30.400 |
So I was not willing to go look for something else somewhere because I 00:11:37.760 |
I didn't care about being on, having more time on TV or something like that. 00:11:42.360 |
And we were winning and we had a great environment and we had a great 00:11:48.480 |
So for most of my career, I didn't even consider going somewhere else. 00:11:54.160 |
There were a couple of times that maybe I entertained it because I didn't 00:11:58.040 |
But overall, I just been super lucky to, to have been part of 00:12:04.560 |
And for so many years, sharing teams with the same core group of 00:12:07.920 |
guys, very, very unusual in, in the NBA and in today's NBA, even less. 00:12:12.360 |
It's amazing that you had such a, an incredible career for so long with one 00:12:17.280 |
team, a common theme, talking to people that played with you over your whole 00:12:21.880 |
career, hearing people say that nobody could figure you out. 00:12:25.800 |
You were the toughest to defend their tapes of every game. 00:12:28.680 |
And you played almost probably with playoffs and everything, a hundred games 00:12:32.000 |
a year, how did you manage to keep that mystery alive and evolve your style in 00:12:38.040 |
a way that people, even as you were retiring, couldn't figure you out? 00:12:47.480 |
I kept hearing some, some of the comments of some all stars and some 00:12:53.240 |
other great defenders that, and I thought I was pretty straightforward with my game. 00:13:00.280 |
Even, even though I wanted to go left, if I couldn't go left, then I, well, I would 00:13:07.960 |
And if not, I started to develop some counter moves, like a step back, going 00:13:12.800 |
right, or some little tools, but, um, I never saw that. 00:13:19.040 |
It's not that I'm just saying it because it sounds well or something, even the, 00:13:23.520 |
this, the Euro step that, that now is a word that we all heard before it didn't 00:13:28.560 |
exist, I didn't know I was doing anything unusual. 00:13:31.360 |
I was using the only tool I had to go by guys like that were 50 to 60 pounds 00:13:39.840 |
heavier and taller, and you could jump more than me. 00:13:47.880 |
And for me, for me, it was so natural and so automatic, but then I started to, you 00:13:54.040 |
know, to hear people talk about that, how unique it was that I look like a squirrel. 00:14:04.160 |
I just play the only way I, I could to survive in this, in this harsh 00:14:12.680 |
I mean, super athletes is, is unbelievable, right? 00:14:16.480 |
You're on the main stage for a game played around the world. 00:14:22.720 |
I have to imagine that to do everything that a professional NBA player does. 00:14:30.280 |
It's also about grit and willpower and determination. 00:14:34.040 |
I've heard you say that most players in any sport lose more than they win. 00:14:38.720 |
How do you push yourself forward when, you know, you're operating in such an 00:14:43.880 |
uncertain league in terms of what'll happen next season, in terms of whether 00:14:48.160 |
you've won or lost, how do you, how did you get through that mentally and how did 00:14:52.000 |
you push yourself through all the hard times? 00:14:53.840 |
Well, I wasn't good at that at the beginning. 00:15:04.880 |
And I always mentioned that it's not that I, I nourished or I tried to be competitive. 00:15:19.240 |
I competed with friends about who had the best, whatever, shot from 00:15:23.800 |
half court or whatever, at anything I competed hard and that brings a lot 00:15:29.240 |
of obsession sort of, because I didn't want to lose at anything. 00:15:37.040 |
And I never, maybe until the last three, four years, I really 00:15:45.400 |
I took it too hard and it was very strict on myself. 00:15:48.680 |
And it's a, it's a skill that I had to, to develop, to, to think about it, 00:15:57.600 |
And then towards the end, when, when my performance was starting to decay in 00:16:02.680 |
some way, in some way, I was not the same as before, I started to, to be nicer to, 00:16:09.400 |
to myself, right, to, to allow more mistakes, to accept that the time was 00:16:14.800 |
doing its thing and that I was not as fast as before, and I was not as effective 00:16:19.480 |
and that everything was hurting longer than before. 00:16:23.000 |
And that's when I started to, to learn and enjoy other things too. 00:16:29.080 |
I was quite, quite obsessed for the biggest chunk of my career. 00:16:33.840 |
Are there things that you think if you knew them earlier in your career, it 00:16:37.680 |
would have made it easier to deal with losing? 00:16:45.160 |
As I, as I said before, it was sometimes too much and maybe that drove me to be 00:16:53.560 |
better, to add other skills or to prepare for a game, both mentally and physically 00:16:59.560 |
better, but maybe on the satisfaction or happiness level at the present time, I 00:17:08.840 |
So, you know, it's, it's a matter of priorities for sure. 00:17:14.160 |
I would tell my, the younger me to be nicer, to relax a little bit, to accept 00:17:20.640 |
that sometimes you're going to lose because there's so there's 30 teams and 00:17:25.080 |
So those were some of the things that I, I would have liked to accept early on. 00:17:32.760 |
Because I, I would say my last three years were wonderful mentally and even 00:17:40.680 |
And I'm basically, I had no, no injuries before I did. 00:17:44.720 |
And I was mentally in a great spot that really helped me to, to thrive, even not 00:17:52.360 |
having the first step as I used to or the explosiveness. 00:17:56.120 |
I mean, you just brought up playing in your late thirties and even at 40. 00:18:02.080 |
It looks like about 30 people ever have played in the NBA in their forties. 00:18:06.840 |
And right now I think there's one player over 37. 00:18:15.840 |
Like what led you to do this thing that currently there's one person doing in the 00:18:20.480 |
Again, as always, it's a big, big combination of things, right? 00:18:29.920 |
I never had a big Achilles tendon injury or ACL or NCL or whatever. 00:18:35.760 |
Something that could really affect my career. 00:18:39.200 |
All my injuries or surgeries were minor scopes. 00:18:42.320 |
You miss a month here and there, and then you're back. 00:18:49.120 |
The other thing that I think I, I did well is to take care of my body, right? 00:18:55.960 |
I was never, even when I was young, much of a excess type of guy, I didn't go out. 00:19:03.840 |
I had a pretty steady routine towards basketball, but then at 35, when I started 00:19:11.640 |
to see more muscular problems, more strains and tears and things like that, I, I had 00:19:18.960 |
to make a decision if I was going to just struggle to the end of my career, or if I 00:19:24.600 |
was going to be in a good spot, even though, as I said before, I was not going to be 00:19:31.640 |
But I, at that time I started to adjust my sleeping patterns, eating patterns, my 00:19:39.360 |
therapy, stretching and mobility, breathing, and a lot of little tools. 00:19:45.200 |
So at 35, I hired my own physio that came and lived with me basically one month, one 00:19:52.840 |
week a month, because he lived in Spain and he really took care of me. 00:19:57.360 |
The spurs also improved their, their staff and to compliment all that, Pap 00:20:06.200 |
So I was being very well taken care of by the organization. 00:20:10.880 |
I had a good genetic, I guess, code to, to help me to recover quick and not have bad 00:20:17.080 |
And at the same time, I did my best to be very purposeful on every time I had the 00:20:22.560 |
opportunity, every meal, every night, my schedule and all that. 00:20:29.600 |
And what did some of those things you were doing on your own for, for those of us who, 00:20:33.920 |
who aren't going to fly someone from Spain in to live with us once a week, what kinds 00:20:37.880 |
of changes did you make to sleep, to food or diet or exercise? 00:20:44.920 |
Things that you heard about a million times, cut down on sugars, white flour, all 00:20:52.240 |
the stuff that you could see in a package that you don't know where it came from. 00:20:57.360 |
I made foods that your great grandfather would know what it is a hundred years ago. 00:21:04.000 |
Then sleeping and resting every opportunity I had, because before, even though I told 00:21:10.560 |
you, I didn't go out, again, finished, arrived home at 11, 12, and I would watch a 00:21:16.680 |
movie and hang out with my wife or do something and then didn't really give 00:21:23.280 |
And then I started to read about it and realize that, that, that was the time where 00:21:28.880 |
your muscles, your head, your immune system and everything kind of regroup and your 00:21:36.160 |
body recovers quicker if you sleep well and all that. 00:21:38.480 |
So sleep, well, food, I mentioned then sometimes with my physio, we came home after 00:21:45.120 |
a game and we would work on relaxing some of the muscle groups that worked the most 00:21:52.120 |
The day after we would go and do a mobility routine, stretching. 00:21:56.960 |
So it was a lot of work, but it was definitely worth it. 00:22:00.440 |
Both the, the, the mental and physical investment. 00:22:05.240 |
Did you ever get into any kind of breathing mindfulness kind of training in that 00:22:14.840 |
I think it was in 2015 when I was starting to consider the possibility of retiring 00:22:22.200 |
because I was not in a great spot and meditation with a, with a teacher here in 00:22:28.360 |
San Antonio really helped me to, to again, well, we talked before, be less demanding 00:22:35.040 |
and less obsessed with the game and just value other things, the present moment and 00:22:40.360 |
So in 2015, I started meditating and, and it had a huge impact on me that first 00:22:47.680 |
year to, to enjoy a loss, to, to be present and valuing that at 38, I was still 00:22:56.120 |
playing in the NBA in a place where I wanted to be in a city where I wanted to be 00:23:01.560 |
And that changed the perspective of just the finish goal, right? 00:23:07.040 |
If I win the last game, I want a championship meant satisfaction. 00:23:12.200 |
If I didn't have, he felt like, well, frustration. 00:23:18.920 |
How, how common were some of these techniques in the NBA at the time? 00:23:23.560 |
And were they things that you found valuable and shared with people on the team, 00:23:30.080 |
No, it was, it was not very common back then. 00:23:33.040 |
Now, now I think it is, it's something that is more talked about. 00:23:37.000 |
I was kind of not saying hiding it, but I didn't really know. 00:23:41.080 |
I thought of I'm skeptical in every aspect of my life, usually, but all of a 00:23:46.720 |
sudden I started reading one, two, three of the guys that I listened to a lot or 00:23:51.800 |
read, and then I remember I got, actually pop gave me a waking up by, by Sam Harris. 00:24:00.080 |
And when I saw this guy that I admire, that I, that I know is a scientist and 00:24:06.080 |
went through a lot of stuff and tested things and he was the way he put it out 00:24:15.600 |
So before I thought it was more of a, you know, woo thing. 00:24:20.040 |
And then I started to, to appreciate it and practice it. 00:24:28.720 |
And I feel like it's in the recent past become a big thing. 00:24:32.080 |
I met, I met someone a few weeks ago who was a mindfulness coach to 00:24:36.280 |
some European football leagues on Byron Munich, the team. 00:24:40.120 |
He was surprised that that was not a thing anyone had really ever heard 00:24:44.960 |
And so it's still early days, but it sounds like it had a huge 00:24:50.720 |
And I think it's pretty valuable that people are starting to wake up to it. 00:24:53.920 |
And, and I think it works outside of professional sports. 00:24:57.040 |
I find that I'm more productive on days that I get a good night's sleep and 00:25:05.440 |
You're like, oh, if I, if I sleep less, I have more time to work. 00:25:14.480 |
After the, after reading Matthew Walker's book about why we sleep, I think it's 00:25:21.040 |
called also my perspective changed even more, I knew what was starting to be 00:25:27.320 |
valuable, but when he put all the data, all the studies in it, it has nothing to 00:25:33.320 |
do, well, it has to do with athletes, but it has to do also with programmers or 00:25:37.360 |
lawyers or anybody that wants to be proactive and energetic and healthy and 00:25:47.800 |
So the value of sleep is super, super important and many times 00:25:56.320 |
Whenever I talk to younger generations or, or even companies, because I, for 00:26:03.880 |
example, the CEO of any company, I don't want the CEO of any company to do all 00:26:11.480 |
I want them to be asleep and rested and creative for the day after and be in a 00:26:29.080 |
They got to eat well, they got to do exercise and they got to sleep. 00:26:32.640 |
How, and so now you went from playing 82 games, practices, playoffs. 00:26:43.880 |
I know you're doing some work now with the Spurs, but how 00:26:55.760 |
I don't play basketball at all, zero basketball in the last three and a half 00:27:00.640 |
years, but I ride the bike three times a week, play tennis twice, then I'm a father 00:27:06.440 |
of three boys and that's a lot of work always, I start, I'm starting to get 00:27:11.960 |
slowly into BC, the Spurs also hire me this year to do some consulting. 00:27:26.920 |
I like my peace of mind being present for my family and traveling with them. 00:27:35.800 |
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Now you're not a, an NBA player and you're just, just a dad doing some side 00:30:22.520 |
You mentioned you're biking, you mentioned you're playing tennis. 00:30:25.640 |
What advice to anyone listening here that's similarly in their late thirties, 00:30:30.600 |
early forties, couple of kids trying to get in shape. 00:30:33.600 |
What have you learned about exercise and fitness, your career? 00:30:36.760 |
Obviously you have a very gifted set of genetics, but what, what would people 00:30:41.000 |
take home as, as ways to kind of really keep exercise and fitness in their routine? 00:30:46.400 |
That you have to do it, that it doesn't only help your body, your muscles, your 00:30:51.720 |
bones, but your head too, your, your head needs a healthy, active body. 00:30:58.800 |
So some people may not start because they think they can ride 30 miles or they can 00:31:09.360 |
But you start with a step and, and there's a million things nowadays you can do. 00:31:14.200 |
There's, there are workouts online for anybody. 00:31:17.160 |
Now with a, with a band attached to a door, you can do a full workout. 00:31:22.400 |
You can buy one kettlebell and do as many swings as you want. 00:31:28.240 |
It's a matter of convincing yourself and ideally doing it with somebody else that 00:31:33.840 |
can, you can challenge yourself and you can have some accountability. 00:31:37.400 |
But before you used to have a membership, you needed a membership to a, to a gym or 00:31:44.640 |
you needed a bike or going somewhere or having a coach. 00:31:49.920 |
Now you can do it with a band and it's, there are so many options and it's, it's 00:32:00.200 |
You just got to convince yourself that you got to do it. 00:32:03.440 |
And do you ever have days where you wake up and you're like, I just don't want to 00:32:06.600 |
do it, uh, today, I'm just not going to take that bike ride. 00:32:09.640 |
Or, or if you have that feeling, how do you end up on the bike? 00:32:15.680 |
My first year and a half or two years, I was lifting too. 00:32:20.840 |
I got to go back to it, but I, I was going two or three times a week to the, to the 00:32:26.560 |
spurs to, to lift when the guys were gone, I was going in and having a, uh, doing my 00:32:36.120 |
But this one day I get to the facility, I look at the weights, I say, you know what? 00:32:44.120 |
I turned around, I went back home and I felt like a million bucks. 00:32:55.880 |
The thing is that there are way more times that I want to do it, that I enjoy, you 00:33:00.200 |
know, being outdoors and riding on the creeks with trees. 00:33:04.000 |
And I just love also the, the, the feeling that you get once you're done. 00:33:10.520 |
And so it's, it is again, I'm in a very privileged situation and I do it because I 00:33:21.320 |
And so I started biking and I was one of those crazy people that had never actually 00:33:26.000 |
I mean, obviously I've ridden a bicycle, but finally we got bikes and we got a seat 00:33:32.640 |
Now I'm like getting back into biking outside. 00:33:36.440 |
And, and I find that when your exercise is something fun to do with someone, I can't 00:33:40.960 |
remember, I listened to a podcast and someone said they started exercising with their 00:33:43.680 |
partner and I'd always thought of that, but my wife and I started running together. 00:33:49.480 |
Like the more you can make your exercise fun, I think the easier it is to get out and 00:34:00.040 |
They are, they are gamifying the, the exercise. 00:34:05.120 |
They're going, they're making, making it easy to do it. 00:34:08.760 |
So there are a bunch of startups and ideas and machines and, and kettlebells and bands 00:34:16.760 |
that can help multiple group muscles and cardio and all that. 00:34:24.760 |
I know you also mentioned you're, you're getting involved with VC. 00:34:27.680 |
What has it been like to transition from someone focused on one complete industry so 00:34:32.480 |
much to, to dive deep into a totally different industry where I'm sure you probably now 00:34:37.800 |
look up to investors and founders and say, oh, I got a lot to learn. 00:34:40.840 |
And they all look up to you and say, oh my gosh, legendary basketball player. 00:34:44.040 |
What's it, what's it like entering a totally different industry in this part of 00:34:50.840 |
I, I love tech and I try to, to dig into new ideas, software, hardware, try to learn, 00:34:59.640 |
try to stay current and, and informed, but now with a little more time and some people 00:35:12.560 |
I'm so clueless about all this world that it is very exciting to go and listen to these 00:35:18.920 |
people and how they came up with the idea, what they are trying to do, accomplish, how 00:35:24.000 |
they set up the mission, how they recruit the team. 00:35:27.280 |
So I'm just at this point trying to be a fly in the wall, trying to learn, trying to 00:35:32.120 |
figure it out and be next to very smart people that know what they're doing, that they 00:35:40.840 |
I don't, I don't, I'm not in it for, for the money. 00:35:43.440 |
I just like the thrill, the, the, the opportunities that these startups are giving 00:35:49.640 |
us to make our lives better or the environment better. 00:35:53.120 |
So I I'm there to, to learn because I was always, was curious about it. 00:35:57.440 |
And at the same time, I also was able to build the capital and have the luxury to put 00:36:05.160 |
just a little bit, little part of it and try to contribute and hopefully get a good 00:36:11.560 |
But it's been very exciting to, to be part of the one, some of those meetings. 00:36:15.720 |
And they also, I also learned that they want to know my side of the story, how I was 00:36:21.160 |
part of teams and organizations and the examples of leadership or going through tough 00:36:35.680 |
I was thinking about how there's a lot of commonalities between running a company, 00:36:40.120 |
you're working on a team, you're all trying to compete with other companies. 00:36:43.320 |
And then I was like, man, it must be both terrifying and wonderful to know that there 00:36:48.840 |
are just stats that help you understand how you're doing and you can compare yourself 00:36:53.880 |
Now you're experiencing a world outside of stats. 00:36:59.000 |
I have to rely on feedback and conversations and feel myself worth more than I can just 00:37:03.560 |
say, oh, well, obviously I put up this many points last night. 00:37:09.320 |
That's why I'm going with very humble objectives, just to listen to stories, to, to 00:37:16.120 |
to try to contribute to causes and things that I care about, that I'm interested in. 00:37:22.760 |
So again, I take it as a completely learning experience and trying at the same time to 00:37:31.000 |
contribute to causes that I care about or values that I care about. 00:37:37.320 |
So I'm putting my intention in those aspects. 00:37:42.440 |
Yeah, and you mentioned earlier your father was in basketball. 00:37:47.160 |
I mentioned the stats of that, making you more likely to be in there. 00:37:50.360 |
Do you think basketball will play a big role in in your time going forward? 00:37:54.680 |
I know you're working a little with the Spurs, but you haven't touched a basketball 00:38:01.000 |
I wanted to shoot 10 shots to see how it felt. 00:38:11.160 |
It's been three years and I dedicated basically 30 years of my life to shooting hooks and 00:38:20.840 |
But at the same time, I, with all my experiences, background, where I came from the 00:38:25.880 |
languages that I played in many places in Italy, in Argentina, Olympics, World Cups 00:38:33.160 |
and all that, you know, gave me some insider information that is still very valuable. 00:38:38.120 |
And I wanted to share, I wanted to talk to the younger generations to tell them that 00:38:42.760 |
the mistakes I made, the things that really worked for me, what I wish I knew earlier 00:38:50.760 |
So in some way, I'm trying to contribute to the organization in that aspect. 00:38:57.480 |
The thing is that I'm still not ready to go full time. 00:39:01.160 |
I, I don't want to lose my freedom to, to go to Argentina, for example, now in December 00:39:09.560 |
I don't want to lose the opportunity to go spring break with the kids in March because 00:39:18.280 |
So I'm starting to go back and be connected to the game. 00:39:24.680 |
I'm still not that committed to be like all in. 00:39:30.280 |
And I don't even know if it's ever going to happen. 00:39:35.080 |
But at this point, I, again, I'm loving where my position, my privilege. 00:39:40.840 |
We've talked a lot on the show about financial independence. 00:39:43.960 |
And part of that is, is to buy the time and be able to spend time doing what you want, 00:39:49.160 |
What's been the greatest challenge you've had since leaving basketball? 00:39:58.360 |
I thought I was going to be a little antsy to, to feel that adrenaline rush, the, the 00:40:15.480 |
I, I had to, to live with that pressure, with that responsibility. 00:40:27.240 |
So I do miss a little bit the, the locker room, the camaraderie, the dinners after the 00:40:31.960 |
game where we just hang out and talk about stuff and, or preparing together for a, one 00:40:41.800 |
I, I'm enjoying the time with my family and going ride the bike for 20, 30 miles in the 00:40:50.040 |
So I really didn't face the challenges that I was afraid I was going to live, but maybe 00:40:56.760 |
also that I, it took me a while to, the last three years of my career, I was kind of preparing 00:41:03.240 |
So I did a lot of things to be sure that I was going to be in a good spot. 00:41:12.120 |
So I, I really, I didn't face any challenges so far. 00:41:16.360 |
Was there anything you did with your family and your relationship during what I can only 00:41:22.040 |
imagine was a very busy season to keep that, that relationship strong with your family? 00:41:27.960 |
I know lots of people, whether you're starting a company or playing sports, it's hard. 00:41:33.080 |
You're away a lot and you put a lot of weight on, on your spouse's shoulders. 00:41:39.640 |
It sounds like you're in a great spot right now after a lot of years. 00:41:44.680 |
And I'm telling you, she, she's been with me since my last year in Italy. 00:41:50.280 |
So she went through all my career in the NBA and I don't know, I guess I got lucky with 00:41:56.600 |
her that she was always very patient and all my craziness and that she took all the summers 00:42:02.200 |
Like the summers where I was supposed to spend time with, with her and my family, many times, 00:42:08.120 |
I just went to play workups and Olympic games. 00:42:10.280 |
And it was not an easy time for her, but I guess she understood it, how I felt and how 00:42:19.480 |
The kids were too little, so they didn't really know what was happening. 00:42:22.920 |
But now we are in a place where we have that flexibility that she's more of the priority. 00:42:29.080 |
So the priority on where she wants to go and what she wants to do. 00:42:32.760 |
And I try to help her a lot with the kids and be present. 00:42:40.840 |
But I guess we were lucky to find each other. 00:42:43.480 |
Yeah, I feel similarly, and I've gone through a lot of crazy startup stuff and, and 00:42:50.920 |
I assume that was helpful along the way when you're stressed out about losing and all these 00:42:55.720 |
Well, that was huge because as I told you, I was very tough on myself. 00:43:00.440 |
So many times, especially earlier, I brought that frustration home too. 00:43:09.320 |
And I, I didn't want to talk about the game and I was moody, but then slowly we started 00:43:15.480 |
to, to figure it out each other saying, okay, she's not going to mention even the game that 00:43:21.320 |
And I'm going to leave that game that just finished in the locker room. 00:43:26.920 |
And then after big losses or huge wins, we were going to just hang out, enjoy the kids 00:43:33.560 |
or do things that I had no connection to my job. 00:43:40.920 |
So I was never, I never brought basketball at home for my wife, parents, friends, whenever 00:43:50.120 |
somebody came to San Antonio to hang out with me and, you know, spend quality time. 00:43:55.240 |
It was just about us, what was happening in the world or whatever, but no basketball. 00:44:00.440 |
Basketball was from the locker room and in, never out. 00:44:08.120 |
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I know you grew up with a family of basketball players and you obviously grew up to be quite 00:47:33.480 |
Are your kids learning to play basketball yet? 00:47:36.920 |
They are learning and they love it and they try to watch everything. 00:47:41.560 |
We play a little fantasy game with other families and they absolutely love it. 00:47:50.360 |
Now I don't care about talking about basketball. 00:47:54.520 |
So when they do ask questions on what used to happen back then, how I was, you know, 00:48:01.480 |
But during my years of complete obsession, basketball was not mentioned at home. 00:48:08.840 |
Yeah, I struggle with that because my wife and I work at the same company. 00:48:12.840 |
So talking about work at home is something that on one hand, we're fortunate that we've 00:48:17.640 |
I never want to come home and say, "Oh, guess what's happening at work?" 00:48:21.160 |
So I guess maybe that was my hack, was if you want to avoid talking about work at home, 00:48:25.480 |
if you both work at the same place, you can kind of all be on the same page all the time. 00:48:34.520 |
Nobody knows what the coach said or what the instructions were. 00:48:39.000 |
So when somebody was criticizing that somebody didn't pass it to who or that your defense 00:48:43.720 |
was not good or they didn't know what was happening indoors, we did and we talked about 00:48:48.520 |
it and we watched videos and we analyzed and we were... 00:48:53.240 |
So whenever I got home, I needed to be able to not think that much. 00:49:00.840 |
Well, that's good that you could get on the same page. 00:49:02.840 |
So while we've talked a lot about basketball in your career, that wasn't what brought us 00:49:08.360 |
And I know we've connected through you listening to some podcasts that I was on with Kevin 00:49:14.680 |
Rose, and we've shared some conversations about money and travel. 00:49:18.040 |
So I want to start off with something I found on Twitter that in 2011, you said this was 00:49:24.280 |
the year you became a minivan dad and that you were proud of it. 00:49:27.880 |
And since technically, I think this is a finance podcast, at least a little bit. 00:49:32.760 |
Athletes so often go bankrupt, they spend lavishly. 00:49:36.520 |
You seem to have the smallest ego of any athlete I've heard talk. 00:49:41.080 |
How did you end up down this different path where I can't imagine that the hottest car 00:49:51.080 |
I thought it was the best we could get for having twins. 00:50:01.160 |
And after doing some research, I mean, the van is the way to go. 00:50:16.200 |
And the kids were too little to leave them in school. 00:50:33.160 |
I don't remember where he was back then, but I was shooting free throws. 00:50:37.400 |
And Tyson Chandler comes to me and says, so you have a minivan too? 00:50:48.680 |
So we were three players probably in the NBA driving minivans. 00:50:54.840 |
Not just minivans, but watches and all kinds of things to spend money on. 00:50:59.480 |
Do you think it was growing up internationally? 00:51:03.160 |
Or what do you think helped you not go down the path so many athletes go down 00:51:06.920 |
when they make money and end up spending it all so quickly? 00:51:10.280 |
I never attached my self-esteem to a possession. 00:51:20.200 |
The car I drove or the clothes I wore or jewelry never meant anything for me. 00:51:27.880 |
So yeah, I never felt like I had to show that I was doing good. 00:51:36.440 |
That I was playing for the team I wanted to play. 00:51:44.600 |
So I never felt like I had to show where I was. 00:51:51.480 |
I never had a strong one and I never wanted to or cared about living lavishly. 00:52:04.600 |
That helped me make a lot of money and I could live well. 00:52:07.960 |
But I never felt like I needed to dress flashy or drive half a million dollar car. 00:52:16.600 |
Is there a thing in life that you love that you're willing to upgrade and enjoy 00:52:21.400 |
outside of the stuff that you just kind of live in a more standard way? 00:52:34.600 |
So when we travel, we don't go to the most economic places. 00:52:41.400 |
I mean, we choose the place where we're going to go and we go there. 00:52:45.880 |
And we believe that those moments with the family or having a great trip and 00:52:51.560 |
traveling business, it is a priority because it enhances how much we enjoy the experience. 00:53:00.600 |
But then again, I don't need to drive my kids to school in a car that costs $300,000 or $500,000. 00:53:09.080 |
For me, it doesn't add anything to my way of living. 00:53:15.560 |
I mean, you say that travel is the place that you'll spend on. 00:53:18.920 |
But I also happen to know from our conversations that you dabble a little bit in the game of 00:53:30.440 |
And then I started to get those that you can add more points and then use it for traveling 00:53:37.720 |
So I guess I listened to somebody talking about it. 00:53:40.600 |
And I knew I had a million points with my credit card. 00:53:46.440 |
So all of a sudden, I searched for ways to travel and or upgrade tickets. 00:53:56.920 |
I think it is the points guy or something like that. 00:53:59.880 |
And I started to dig in and get it going in the rabbit hole and reading. 00:54:10.840 |
So I started to get curious and get different cards for different points. 00:54:16.680 |
So currently, I have millions of points that I'm not really using it. 00:54:23.960 |
For example, we are five and we traveled to Argentina. 00:54:26.520 |
We flew in business and I used them with miles. 00:54:44.520 |
But again, wherever we decide to go next summer, it's not going to depend on where I get the 00:54:54.040 |
We'll see with my wife and we'll decide, OK, we want to do a safari in Africa or we want 00:54:58.360 |
to do go to Costa Rica or Fiji, whatever, whatever we decide we're going to do. 00:55:05.000 |
Then if I get the points, if I get the perks of the million points that I have, great. 00:55:12.440 |
If not, we'll just go there and use the points at a different time. 00:55:15.960 |
But I, you know, since I am spending a lot of money in credit cards every year, I thought, 00:55:21.880 |
OK, let's accumulate these points if they are there to grab. 00:55:45.000 |
And the fifth one is, I know I just got it from my wife, another one. 00:55:52.200 |
She doesn't like you because I kept telling her, well, you go to the supermarket, use 00:55:57.080 |
And she used the other one and gets yelled at. 00:55:59.960 |
But it's just a way of optimizing and trying to accumulate more points. 00:56:08.040 |
The way it all changes is you go on some really, really expensive trip. 00:56:11.560 |
Let's say you decide we're flying on Emirates. 00:56:15.720 |
And then you're drinking Dom and you're like, hey, this was 100% free. 00:56:25.960 |
I heard those stories and I'm ready to test them. 00:56:30.280 |
The thing is that we are just not going that far nowadays. 00:56:43.160 |
So but soon, soon we are going to start following your advice. 00:56:47.320 |
Where are places you want to go that are on your list for when maybe the world opens up? 00:57:00.280 |
And that's something that is in the immediate bucket list. 00:57:07.240 |
There are two places that we spent some time in. 00:57:14.120 |
We believe that the kids need to be a little older. 00:57:23.000 |
And I haven't been back in Italy in 15 years. 00:57:29.640 |
Then, of course, Australia and New Zealand are coming soon. 00:57:33.480 |
The problem is that the time of the weather, December and January, we want to be in Argentina. 00:57:39.160 |
It's when we enjoy the summer with our friends and family. 00:57:43.000 |
So eventually, Australia and New Zealand are coming. 00:57:46.520 |
I also remember, I think it's tough to get from South America to Africa and to Australia and New Zealand. 00:57:53.800 |
I don't know if there are flights now, but there used to be. 00:57:56.040 |
The only way to get from Argentina to Africa was to go up to Europe or the US. 00:58:02.120 |
Whenever we go to Africa, it's going to be from here. 00:58:04.440 |
But I took a flight that I don't think they do it anymore. 00:58:13.960 |
So from Argentina to Auckland, there's a direct flight, 17-hour flight, 00:58:26.120 |
I've done it, actually, with the Argentinians in 1997 to play a U21 World Cup. 00:58:34.840 |
And a couple of years ago, New Zealand was starting to do it. 00:58:44.200 |
So most of the trips are starting from Texas. 00:58:51.880 |
I heard somewhere on the internet that you have a no-room-service rule. 00:58:55.320 |
But what's your style of travel when you get to a new place? 00:58:58.680 |
No, the no-room-service was when I was playing. 00:59:02.760 |
Most of my teammates just got to a city and stayed inside 00:59:08.440 |
from the minute they got there to the minute they left. 00:59:12.280 |
They went just to a place and I couldn't take that. 00:59:17.880 |
I got drafted and I didn't know what San Antonio was. 00:59:22.920 |
So by the time I got here, I said, "No, I want to see these cities. 00:59:32.360 |
And of course, I had to combine that with the performance part that I wanted to do good. 00:59:38.760 |
So whenever there was an opportunity, I went out and I walked and I visited places 00:59:47.160 |
Most of the times, whenever an Argentinian gets to the league, 00:59:52.280 |
they call me for like, "Where can I go in Milwaukee?" 00:59:58.600 |
Anything on your list that are just standouts across the country that people should check out? 01:00:05.240 |
Well, a lot of people are not excited when they go to Oklahoma City, for example. 01:00:09.560 |
But probably my favorite steakhouse is in Oklahoma City. 01:00:17.880 |
And you go there and you order the skirt steak with truffle risotto. 01:00:28.120 |
Okay, see, I went to that restaurant and I ate that dish because it's outstanding. 01:00:36.280 |
We had teammates that we were going and we all enjoyed that dish. 01:00:41.240 |
But I had little things in almost every city. 01:00:45.880 |
The cities on the East, you go only one time a year. 01:00:49.800 |
And many times it's in a back-to-back or it's in January. 01:00:57.000 |
But the other cities that I played playoffs or that I've been so many times, 01:01:07.880 |
If anyone's listening, heading to Argentina, any must-do's? 01:01:14.040 |
The only problem with us is that we are a big country too. 01:01:16.440 |
And people think that they'll go to Argentina and get it done in a couple of days. 01:01:22.200 |
So you got in the Northeast, the amazing Iguazu waterfalls. 01:01:27.160 |
Something incredible that everybody should witness. 01:01:33.000 |
So my experience in Iguazu was I was completely head-to-toe drenched. 01:01:47.800 |
In the South, we got the glaciers that are just outstanding too. 01:02:01.800 |
Then on the Southeast, you got whale watching that is so top-notch. 01:02:12.200 |
And you can see the orcas actually getting out of the water to try to get a sea lion. 01:02:36.520 |
This is a wonderful country that everybody should spend some time going to. 01:02:47.560 |
Okay, I have one last travel question, which is I always have seen that teams are now all 01:02:53.400 |
And sometimes you get a flight where every seat is a business class seat. 01:02:57.640 |
Have you been on a flight where it wasn't all business? 01:03:00.840 |
And if so, how do you decide who on the team gets to sit up front and who sits in the back? 01:03:09.000 |
So they actually have room for, I think, 14 players. 01:03:14.200 |
And now there are more than 14 players in teams. 01:03:21.160 |
But they are planes that are especially conditioned for taller players. 01:03:27.880 |
So they have a few that face each other for guys that want to play cards, write, type, 01:03:36.760 |
Then they have other ones that sleep the whole time. 01:03:39.880 |
So yeah, those are not flights that you can choose, that you can accrue miles. 01:03:45.320 |
You just jump in and you go wherever they tell you to go. 01:03:49.160 |
The coaches have their own stuff, too, where they watch the videos. 01:03:52.040 |
They debate the next steps and plan ahead and analyze games after they happen. 01:03:59.080 |
And in the way back, they have all the other stuff. 01:04:02.840 |
So again, very, very spoiled for travel that the NBA players are. 01:04:12.280 |
Things you do unique in your routine that someone here might want to give a try in their life? 01:04:18.680 |
Well, for money, I just listened to the episode with your boss. 01:04:24.760 |
It's basically what I've been reading about the last few years. 01:04:27.480 |
And it's so well said that I'm not going to repeat it. 01:04:32.280 |
That's an episode with Andy Radcliffe about investing. 01:04:36.440 |
When I got here, I never had any money, basically. 01:04:47.400 |
I was being sold funds owned by the same bank of the guy that proposed them. 01:04:53.560 |
And I was paying super high fees for many years. 01:04:57.880 |
And then I started to read about how to optimize all that and choose or invest 01:05:05.240 |
in index funds with low costs that will mimic S&P 500 and loss harvesting. 01:05:13.480 |
And also the value of fiduciary duties when you have a financial advisor. 01:05:24.920 |
And for many of the guys that came from Europe, it's automatic. 01:05:29.240 |
I think in Europe, either most or all have something like that. 01:05:34.120 |
Somebody will correct them, correct me if I'm wrong. 01:05:36.280 |
But when you come to the States, it's different. 01:05:39.160 |
And sometimes the broker will sell you the funds that benefit him, not you as an investor. 01:05:47.320 |
So for many years, I kind of suffered between... 01:05:52.440 |
Not really suffered, but I saw that happening until I figured it out. 01:05:57.480 |
Reading a couple of the books and listening to guys like Andy. 01:06:01.720 |
The value of sleep is also something that I've been trying to figure out for years. 01:06:06.600 |
The NBA doesn't propitiate good sleep patterns because of the time that the games are played, 01:06:17.800 |
First, it was one that attached to the pillow. 01:06:24.280 |
Then finally, I found a sweet spot with the Oura ring that I think gets the best. 01:06:39.980 |
And I think every NBA player, athlete, or person, actually, should wear. 01:06:46.540 |
And full disclosure, after wearing it for a year, I decided to invest because I think it's a 01:07:00.140 |
For a health hack, the combination of workout, sleep, and nutrition is unbeatable. 01:07:11.260 |
There is so much data out there that is amazing. 01:07:16.540 |
Once you get in there and you start digging, you'll improve yourself a lot. 01:07:25.100 |
Anything you're reading or listening to lately that you've enjoyed? 01:07:36.300 |
Great stories, very nurturing and learning a lot from his books or the ones that he's 01:07:45.420 |
Here I got 304 that I read twice, that I also gave away. 01:08:03.980 |
And I don't have it there, but the one from Jared Diamond. 01:08:09.980 |
Fascinating book, also about a similar topic to Sapiens. 01:08:19.180 |
I have not read that one, so I'll add it to the list. 01:08:23.580 |
And money-wise, I liked Unshakeable from Tony Robbins. 01:08:27.020 |
And now I thought it was not only because of what he said. 01:08:31.340 |
It's the people he interviewed and the people that talk in that book is the one where I 01:08:37.340 |
understood about the fiduciary duties and how to invest more consciously. 01:08:43.100 |
Yeah, it's kind of the Wild West still in America when it comes to what a person is 01:08:50.300 |
They can sell life insurance and pretend it's something else. 01:08:54.620 |
So if you talk to anyone, ask if they're a fiduciary. 01:09:01.740 |
So yeah, anytime I have the opportunity, I do tell the guys. 01:09:06.220 |
And I'm very happy that tools like Wealthfront are coming out, because on low fees, and 01:09:12.140 |
adapts to what you want to do, and they harvest losses. 01:09:21.100 |
All right, any last things to share or any place people should be finding you online? 01:09:25.580 |
No, I'm very easy to find with this type of last name. 01:09:30.060 |
So I post here and there on Twitter and Instagram, not that much. 01:09:35.500 |
And they can find me at the sports games too. 01:09:40.620 |
I was just in Austin, but San Antonio, I'll have to find you at a game. 01:09:48.620 |
I need to learn more about how to use these points that I have. 01:10:06.540 |
Though, I hope I get a chance one day to smooth things over with Manu's wife. 01:10:10.140 |
If you are new to the show and enjoyed this episode, please go ahead and subscribe in 01:10:14.940 |
your podcast app and also check out some of the amazing episodes we've done the past few months. 01:10:19.020 |
If you want to go above and beyond that, you can share your favorite episode with someone 01:10:23.180 |
you think might enjoy it or leave us a 5-star rating and review. 01:10:26.620 |
All of these things help so much, and I'm really appreciative of your support. 01:10:30.460 |
Hopefully, you all saw that I finally got the All The Hacks newsletter restarted last week, 01:10:36.540 |
If you missed it, you can sign up and read last week's issue at allthehacks.com/email. 01:10:42.220 |
If you have any thoughts, feedback, questions for me, guest suggestions, 01:10:45.820 |
or you just want to say hi, you can find me at chris@allthehacks.com. 01:10:51.820 |
Finally, thank you so much to BlockFi for sponsoring this episode. 01:11:15.420 |
I want to tell you about another podcast I love that goes deep on all things money. 01:11:19.900 |
That means everything from money hacks to wealth building to early retirement. 01:11:23.740 |
It's called the Personal Finance Podcast, and it's much more about building generational 01:11:28.300 |
wealth and spending your money on the things you value than it is about clipping coupons 01:11:33.900 |
It's hosted by my good friend, Andrew, who truly believes that everyone in this world 01:11:38.060 |
can build wealth, and his passion and excitement are what make this show so entertaining. 01:11:43.180 |
I know because I was a guest on the show in December 2022, but recently I listened to 01:11:48.460 |
an episode where Andrew shared 16 money stats that will blow your mind, and it was so crazy 01:11:53.820 |
to learn things like 35% of millennials are not participating in their employer's retirement 01:11:59.340 |
And that's just one of the many fascinating stats he shared. 01:12:03.020 |
The Personal Finance Podcast has something for everyone. 01:12:05.740 |
It's filled with so many tips and tactics and hacks to help you get better with your 01:12:13.340 |
Just search for the Personal Finance Podcast on Apple Podcasts, Spotify, or wherever you