Mark recently wrote in a newsletter,
"You couldn't pay me to gamble for money. But man would I gamble cash for time..."
What do you think he means?
He means time is more valuable to him than money.
The purpose of gambling is typically to win money. Mark's saying he's not interested in spending his time to play a game, like blackjack or craps, to win money. If he could play blackjack and magically change his 24-hour day into a 25-hour day, he'd be willing to ante in.
Do not squander time, for that is the stuff life is made of. --Benjamin Franklin
Funny that you mention this. I'm not sure who has watched the movie "In Time"? The concept is an intriguing one and directly related to this post. Basically, the currency of the world in which the movie is set is TIME. Everyone is born with 24 hours of time to live, and the clock starts counting down as soon as you turn 25 years old (you also stop ageing at that point, however, you die as soon as your clock runs out). The rich people in the society have banks of time which they can use to top up their individual clocks, and all transactions happen in time (you work for additional time, you pay for food with time, etc).
The reason I mention it here, is that there is a scene set in a casino, and people wager TIME. Imagine going all-in on a poker hand in that situation!!!
Worth a look, and a great reminder of how time is one resource that you cannot buy (at least today). It's finite, and one of the most valuable resources we can control both as a manager, individual contributor, or in our personal lives.