The Man Who Survived 47 Days on a Raft Has a Lesson for Every Investor

5 Jul 2026 · 24 min · 9 chapters

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In short

Louis Zamperini (WWII hero and Unbroken subject) discusses survival, leadership, and investing-style resilience: adversity builds “hardy” character; optimism and training prevent doubt; failure should be treated as a learning opportunity.

Guests

Louis Zamperini is the main guest—decorated WWII war hero, Olympic-level runner turned mentor; later a survival instructor/lecturer and motivational speaker. Interviewers: Bart Shannon (Motley Fool producer) and Tom Gardner (Motley Fool CEO/co-founder).

Key claims

Survival training (land and sea) plus staying in pairs is essential; never think about death—focus on staying alive; ingenuity grows from training; recognition and mastery transformed his life; suffering advice: “grin and bear it,” persevere, and use hardship as a learning tool.

Notable examples

47 days on a raft; improvised fishing hooks; dialysis letter using his story; POW camp experiences; forgiveness of Mutsuhiro Watanabe after Christian conversion; later ranch work and memorizing scriptures for longevity.

Written by AI. May contain mistakes. Listen to the episode to check what was said.

Chapters

Tap a time to open that second in VO

Survival Through Adversity

0:51 to 4:30

Zamperini discusses how adversity and survival training shaped his life.

“Zamperini, thank you very much for taking time today.”

Optimism and Ingenuity in Survival

4:30 to 9:27

Zamperini shares insights on optimism, creativity, and resilience during crises.

“Yeah, anything comes in handy where you have to persevere.”

Life Lessons from a Multifaceted Journey

9:58 to 14:01

Zamperini describes his diverse experiences and the lessons learned along the way.

“Can you remember the moment when you turned from being a teenager that was getting into trouble with a very mischievous nature and maybe little petty crimes to being a young man who is pursuing mastery as a runner?”

A Life of Diverse Accomplishments

14:01 to 14:42

Hear about the speaker's 84 different professions and life experiences.

“But then about 40 years ago, I quit going to movies.”

The Solitude of Cowboy Life

14:43 to 15:42

Exploration of the speaker's time working as a cowboy and its impact on him.

“What is one of the 84 things that is most surprising even to you that you mastered?”

Transforming Hate into Forgiveness

15:43 to 18:00

A powerful account of the speaker's journey from rage to forgiveness.

“and think of the past and make plans for the future.”

Continuing to Achieve and Inspire

19:20 to 20:46

The speaker discusses ongoing goals and the importance of hard work.

“What are a few things that you want to achieve now and add to the list of 84 forms of mastery that you've gathered up in your life?”

Embracing Life's Challenges

20:47 to 22:00

Insights on viewing hardships as opportunities for growth.

“I memorize the great passages from the scriptures and other things I think would be pertinent in my work with young people.”

Investment Lessons and Life Reflections

22:01 to 23:50

Discussion on investing and the lessons learned through failure.

“And I get all these letters from the book.”
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Transcript

Automatic transcript. May contain errors.

0:03Every time you overcome an adversity, I tell the kids this, every time you overcome an adversity, you become more hardy. So don't think of adversity as bad. If it's there and you've got to face it, overcome it, and you become more hardy and more hardy.

0:21That was Louis Zamperini, decorated war hero and subject of the best-selling book and movie Unbroken. I'm Motley Fool producer Bart Shannon. Motley Fool CEO and co-founder Tom Gardner interviewed Zamperini back in 2011. They spoke about Zamperini's World War II service, leadership, athletics, mentoring young men, optimism, and so much more. Zamperini died in 2014 and leaves an incredible legacy. Hope you enjoy. Mr. Zamperini, thank you very much for taking time today. Well, here I am. It's a real pleasure. So I have about eight questions for you. And the first question that I wanted to ask you is, I think of you having been put in a number of incredible leadership roles through tremendous, tremendous crisis.

1:09And I was wondering if you would talk a little bit about the role that some of these things played in your survival and in your leadership through crisis. I think you hit it on the head, survival. I think the greatest survival course you can take is Eagle Scout. You go to everything. And when you hear about people climbing Mount Hood, okay, every year two or three guys die up there. And they're called experienced climbers. Well, that doesn't mean anything. They have survival training. And that's the main thing in any outdoor activity. Then that woman last month that hiked up on Baldy, oh, we're not worried she's an experienced hiker.

1:48Well, has she had survival training? She didn't. They found her dead. And so the first thing about survival is, you know, always do things in pairs. So in case something happens, you can send for help, like that 127 hours where a guy cut his arm off, right? Exactly. Yeah, well, I didn't see the movie, but when people saw us, yes, they emphasized the fact that you should have somebody with you. Now, we had an attorney on a big case in L.A., a big, big case, I think, like O.J., and he lived in Ojai, and he went hiking up Sesame Creek alone. He didn't show up for the child, and somebody found him two weeks later, laying in the stream.

2:28So what he did, he fell and hit his head against a rock and knocked him out, and his face was in the water. You don't dare go anywhere in the wilderness, even local mountains without somebody with you. This is absolutely essential, and that's what I really trust our kids on. Take as many survival courses as you can. Now, in Hawaii, there are 27 ,000 servicemen, and they had a special at the university on survival in the South Pacific. Out of 27 ,000, 15 of us showed up. But what I learned there came in handy on the life raft. So survival training, if it's going to be on the sea, I would take it survival training on both land and sea.

3:14And then you're pretty well covered. How much do you think your survival was supported by just your sense of optimism in life? Well, you know, when you have survival training, you have no doubts about yourself. You have no doubts about surviving. You have a positive mind about living through it. You never think about death. Now, people ask me, did you ever think about dying on the raft? I said, no, I was too busy staying alive. And not only did I have a lot of survival training, but when you're in an unknown place like South Pacific out on a raft, you invent, because of your survival training, you're able to invent new methods of survival as you go along.

3:57In other words, how to cast the fish. Well, when I ran out of the proper hooks for fish, I took the bigger hooks that tied one to my little finger, index finger, and my thumb. When the shark came by with the pilot fish, I would reach in and grab the pilot fish. And of course, the hearty tried to get away from the hooks dug in. Okay, that's not in the books. But because of your survival training, you invent things that go along. Your mind is active and you're able to create new methods of doing things. Do you think that your sense of ingenuity and your survival instincts were made stronger by your pursuit of mastery as a runner in high school?

4:36Yeah, anything comes in handy where you have to persevere. And in running, first of all, you learn how to train. And you don't break your training. You don't dissipate. So you develop that sense of accomplishment. and if you're going to do anything, you've got to go for it all the way. If you're going to be an attorney, you shouldn't be half-haver. You should go all the way, study everything you can to be the best. And so in survival, yeah, I taught survival on both land and sea, glacier climbing, and I have skied glaciers in New Zealand and climbed 14 ,000-foot glacier in Wyoming and climbed it again two days later and steed it.

5:20so the rangers there in 1957 I never heard of anybody skiing that glacier but I only did that because I had a lot of survival training and I know exactly how to live in the snow out at Dig a Snow Cave now digging a snow cave is not enough so I take one of these they call them the water run at Disney they give you a little packet, a little plastic coat and you put that on the kids do so they don't get wet Well, those things are so lightweight. It's a few ounces. And I keep one of those in my backpack. And then if I'm up on the mountain and the blizzard comes in, I can just dig a snow cave. That keeps the chill factor off you.

6:00But it doesn't prevent your body from throwing away heat. But what you do, you put this plastic little thing over your body. And then you get in the snow cave. Now the heat that's dissipating hits the plastic and goes back in your body. Now, why these guys don't do that? I've been preaching it for years, and I have about 30 or 40 of those packets. And I keep one in the car. I went to New York to get an award. It was a black tire fair. We had to walk two blocks to the Ellis Island Ferry. And I had one of those in my suitcase. And everybody's out there walking in the rain. I put that on. I was the only guy that got there dry.

6:36So that's survival on a small scale, but it's still survival. And people should really, especially in this world today, with everything that's happening, earthquakes and typhoons and tsunamis, everybody should take a survival course, both on land and sea. Now, in your experience in the Japanese POW camps, you face something that is a million times worse than the average person will ever face in their life. And yet all of us have our days of reckoning and all of us suffer. And I'm wondering what advice you would have for anyone who's going through a period of suffering in their life. Well, when there's nothing you can do about it, you have to grin and bear it.

7:17That's all you can do. And the fact that we all have an inward desire to live, that's probably the strongest thing that's going to keep you going. But some guys do give up. We've had guys turncoat and try to escape, knowing that if they escaped, they would line up officers and shoot every other one. and so escape was not a real possibility without harming other members of the group. The best thing is an example. Okay, I got a letter yesterday, and this guy, this nurse wrote me a letter, and this guy is on dialysis three hours at a time, and he just wanted just to give up. This has really bothered me, and I guess I wanted to give up on it.

8:05He read my book. Unbroker. And so I got the letter yesterday. The nurse said it said he said to me, if that guy's that pretty can spend 47 days on a raft, I can handle my three hours of dialysis. When I get letters like that, five or 10 a day of people who use your story as an example of perseverance. You got to persevere and overcome adversity. Every time you overcome an adversity, I tell the kids this. Every time you overcome an adversity, you become more hardy. So don't think of adversity as bad. If it's there and you've got to face it, overcome it, and you become more hardy and more hardy.

8:46So my generation, I don't like to term the greatest generation. We were the hardy generation. And because we had nothing but obstacles, adversities, we had to rage for food. We ran out of money. We had to go out and shoot rabbits. to have rabbit cocciatore, have yoda on the beach, and bring home abalone, which was the poor man's food in those days. Now it's$100 a pound. So we learned a lot during the Depression years in the early days, and I think that's what made it so hard until we were able to survive and live to a ripe old age.

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10:11Oh, yeah, because you see, the main thing is recognition. As a kid, I had no interest, except gang-related interest. If someone had taken me aside and taught me how to play tennis, basketball, soccer, or everything else, then when you're standing around up the hill, you say, oh, let's go play soccer. Let's do this. We'll play tennis. But I had no interest, and I got no recognition. and uh well i got my recognition by stealing things not that my name's in the paper the fact that it says mindrew's pie shop rated again but that's recognition to me without my name and uh so that's what that's what i do in my camp program i take kids out of the youth authority i take them up in the stairs i always keep my eyes open for a kid that that is ignored and shunned and I give him all my attention and bring him into the, into the fold, you might say.

11:10Otherwise, the kid's going to suffer. He could run the camp program. Well, I know from experience. Now, the first recognition I got was my first race. I didn't care if I wanted a lot if I'm coming down the home stretch, and all of a sudden, the kids from my school in Unity are screaming, come on, Louie, come on. I knocked out my cock. I didn't know anybody knew my name. And boy, I did the first I could. I passed a guy, came in third. But that started me on a whole new role in life, and that was becoming a runner. So my brother said, you want to keep on being a bum all your life or you want to accomplish something?

11:49And he said, you got a lot of recognition in the race today. You got to make up your mind. Before I fell asleep, I said, okay, Pete, I'm going all out. So I quit chasing around, smoking, and stealing liquor from the bootleggers, and I became a fanatic trainer. I was just the opposite. And so within the year, I broke the state record in the 1320. The next year, I broke the Davis Elastic or Wolf's record in the minor high school, and I was still a junior. And then I beat all the college runners as a junior in high school. So that's how my life changed, by you've got to get something that you can put your heart into and go for it.

12:32It's just a stunning example of what happens when you get recognition and you have something that you can build toward. The change from not being a runner at all to beating college runners and setting a national standard for the mile in such a short period of time is just such an incredible example of the power of recognition. Yeah, once you go for it, you've got to throw your heart into it. But when Laura Hildenbrand got the idea from my book, she was doing research on Seabiscuit back in the 30s, and she kept seeing my picture on the same page. A couple of runners, where I used to lay on the grass at the Coliseum, and they would stop football again in the track, Mitch, when he ran.

13:12I'd lay there and listen to his race and run mine the same way. And then she saw an article on the same page where the Los Angeles Times called our coach, Dean Cromwell, and said, Louie hasn't lost a mile race for five years. if he loses this year, who do you think will beat him? And the coach said, me, Biscuit. No, she thought that. I got to call this guy. So that's how it started. And then we became real close friends. Then also about 40 years ago, I quit going to movies because I wanted, once I got that taste of accomplishment, the first accomplishment was a runner. Then I wanted to be everything I could be.

13:52I took typing, and I hated something like that, when I took it, it was an accomplishment. It helped me through college. And then I took up other sports. But then about 40 years ago, I quit going to movies. I decided to become as many things as I could. So I become 84 different things as a profession or licensed in or an expert in. So I've been everything. I've been a deputy sheriff under Biscouloose. I've been a lifeguard under Red Cross, a ski instructor, and you name it. I've been 84 different things. And listen, that all happened with crowdtap. As a kid, I had no accomplishments. Now I got 84 things to my credit.

14:34And I tell you, I can look back and start reminiscing on those things. And it just trills my heart to think that I had done that. But I had to quit going to the movies to do it. What is one of the 84 things that is most surprising even to you that you mastered? One thing I like a lot, now I just spent some time with Robert Duvall, and twice we met last week for hours and hours, and we're like a couple old cowboys. I often like to be alone because when you're an athlete, as John and April testify, people are always around you. And I love the West, the old West. In fact, I still have my saddle downstairs.

15:13And so I wanted to become a real cowboy, so I worked on the Vanderhoof Ranch. every summer and then the Willis Ranch in White Salmon, Oregon. And I tell you, getting out there alone, riding the fence on a good horse and searching for a lost cow and then patching the fence up, it takes all day long. You leave early in the morning, come home at night. And I'm around people all the time, so much. That was a real treat for me to get off alone and just meditate and think of the past and make plans for the future. A lot of us like to see the forces of evil defeated, and we like to see the bad guys suffer.

15:56And when we read your book and your life story, Mutsuhiro Watanabe is obviously such a dark force, and yet your perspective on him is transformed through your life. And I just would like to hear you speak a little bit about that so that those of us who face something dark in our lives might actually take a different perspective on it. Well, yeah, when I came home, I was so filled with rage over the bird. After what he did to me over a period of a couple of years, I was trying to make money so I could go back there, secretly seek him out, and do him in. I really wanted to do that. So I had probably the worst case of vendetta you ever heard of, And yet, after receiving Christ, it was just the out.

16:43I wanted to go back and give the guy a hug and tell him I forgave him. I did go back. I went into Flegamo Prison, 850 war criminals. And the colonel asked the men that knew me to come forward. And I looked for the bird. He wasn't there. And I said, well, we believe he committed Harry Carey. So I assumed he was dead until CBS found him just before the Nagano Winter Olympics. And then they sent me over there twice to do a video. not only carrying the torch alongside of my former slave labor camp, but to meet the bird. And then they started to do a 60 minutes on him, accused him of all these crimes.

17:21His son and grandson were standing there, and boy, they didn't like it. And they didn't know he had committed those crimes, and they said no more of this. So they could never get back to him again, but they did a video that won an Emmy Award, and that shows him the only footage ever taken of Watanabe is in that video. When you find someone like that to restore them back into fellowship with God.

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19:50Then I do a lecturing aboard the cruise liners. And the idea is to motivate people to work hard for their cooperation and not that they're giving away their life because when you work hard and appreciate your work, you're getting the benefit, the benefit of, we'll say, the white corpuscles, putting your immune system, and you just don't get sick. And by the way, when you're working hard for your company, you keep them solvent. And so it's a good idea for people to have both things in their mind. you work good for your own benefit and you work good for your company so you both benefit from it then doing good when you do good you feel good right if you feed a guy on the street or buy somebody a meal that a homeless person you feel good and that feeling is your immune system being flooded with white corpuscles so that's the secret of longevity and that's the secret of my life and people say, well, how can you have such a great memory at your age?

20:51Well, that's one thing that helps. The other thing is memorizing. I memorize the great passages from the scriptures and other things I think would be pertinent in my work with young people. Memorizing, you're under intense concentration and that keeps you from going senile and becoming a scatterbrain. I suspect that you feel that things happen for a reason in life. Yeah, I do. I accept anything that happens for your own benefit, but if things are going to happen, why cry over it? Why fight over it? The thing is to accept everything and do the best you can with it and use it as a learning tool because we're always learning, and every time we overcome a hardship, we're not only becoming more hardy, but it's a learning tool.

21:39The more hardship to go to, the more you learn, And that's why our generation, not the greatest generation, the hardy generation, because that's all we did was overcome, overcome. And I tell young people, when you have a problem, think of it this way. When you overcome that problem and lick it, you're a better person. You're more hardy. You'd be surprised if kids take that up. I'm never going to give up again. And I get all these letters from the book. And I always sign it in my name with B. Hardy, Louis Zamparini. You know, Louis, I don't know how much you know about our company, The Motley Fool, but we teach people how to save and invest.

22:17And when I talk to young people about it, I tell them that the best thing you can do is actually to make your first investment. And actually, the best result you can get from your first investment is that it doesn't succeed for you because you will end up learning why rather than congratulating yourself for your good fortune out of the gate. And that lesson of accepting failure and difficulty as a challenge, an opportunity to learn and improve yourself is just such a great lesson. And I genuinely mean that I could sit and talk with you for the next three hours, but I don't want to take any more of your time.

22:50But this has been a thrilling moment for me in my life to be able to spend this half a hour. Well, thank you for your statement. It's great. That is great. You know, when you teach overcoming. Yeah, that's fantastic. That's in your company policy, huh? Yes, it is. I mean, when you invest, you are going to definitely have periods of time like we had a few years ago where everything goes down 50 % in value. And that's either the time that you cry in your soup and give up or that you double down, try and learn more and get smarter because of it. That's good. That's beautiful. I like it. Louie, I'll tell you, this has been a real thrill for me.

23:27And I'm going to send you a Motley Fool baseball cap. Great. Hey there, thanks a lot. It was sure nice talking to you. Thank you very much. As always, people on the program may have interests in the stocks they talk about, and The Motley Fool may have formal recommendations for or against. So don't buy or sell stocks based solely on what you hear. All personal finance content follows Motley Fool editorial standards and is not approved by advertisers. Advertisements are sponsored content and provided for informational purposes only. To see our full advertising disclosure, please check out our show notes.

24:00I'm Bart Shannon, and we will see you tomorrow.

From the publisher

Every market downturn will test you. Not your strategy, not your portfolio — you. And the investors who come out the other side aren't the ones who had the best picks going in. They're the ones who learned how to take a hit, stay in the game, and get smarter because of it. Motley Fool's Tom Gardner sits down with Louis Zamperini — World War II survivor, Olympic runner, and the man whose story inspired the bestselling book Unbroken — to talk about why the people who overcome the most become the hardest to beat, and why the moment everything in your portfolio drops 50 percent is actually the most important moment of your investing life.

Host: Tom Gardner

Guest: Louis Zamperini

Producers: Bart Shannon, Lauren Budabin

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We’re committed to transparency: All personal opinions in advertisements from Fools are their own. The product advertised in this episode was loaned to TMF and was returned after a test period or the product advertised in this episode was purchased by TMF. Advertiser has paid for the sponsorship of this episode.

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