Articulate Ventures

Mike Compston retired rancher discusses thoughts on death, acts of conscience, lifelong exploration

November 21, 2020 · The Vance Crowe Podcast

trustlegacy

About this episode

Vance interviews Mike Compston, a 74-year-old retired rancher and one of the founding members of the Articulate Ventures Network, in a wide-ranging, unhurried 74-minute conversation about death, conscience, trust, and the "inner voice." They open on Compston's family ranching background and the 1980s farm crisis that forced a mid-career pivot, then move into a long meditation on whether people become who their younger selves expected — Compston says yes, crediting a lifelong habit of goal-setting guided by an internalized "little voice." The conversation turns candid when Compston volunteers, unprompted, that his deepest personal flaw is chronic over-trust: repeated business betrayals from people he'd known for years, compounded by never fully separating personal relationships from legal/financial agreements. He extends this into family-business dynamics, noting that respect for family members paradoxically produces worse decision-making than arm's-length business relationships, illustrated by decades of friction with his own domineering, likely PTSD-affected WWII-veteran father, whom Compston caregave for in his final years without ever feeling truly understood by him. Vance and Compston build out the "inner voice" (Damon) metaphor extensively — Compston frames it as "the grand culmination of all your values" — and connect it to addiction (Compston smoked from 17 to 70), Catholic faith and fear of death (he converted for his wife, is "not afraid" of death, believes in reincarnation/heaven), and a striking story of accidentally wandering into a French Communist Party rally disguised as a folk festival, which becomes a jumping-off point for a discussion of mob psychology — how movements start from fear, then acquire a self-righteous, near-religious momentum regardless of ideology. The episode closes on marriage advice (54 years married, "you are now one"), Compston's belief that everyone has undiscovered latent ability, and his account of Miriam Hoffman's growth after he told her a speech draft "wasn't good enough."

“We were about to make a major change in our ranching operation because we got caught in the ag prices of the eighties. It was very difficult economically. And actually that period of time... we lived, we sold a lot of what we had as far as ag holdings. And it was a big transition.”
“The thing that emerged that I really didn't understand people would value as much as we, as everybody does, including myself, is real feedback. I think we've moved into a place in society where conflict is to be avoided except for by the most extreme people.”
“I, the, the trust that I was taught or learned or acquired... has been the one thing that has caused me more discontent and more disappointment in that I had too much trust in people... it burnt me and burnt me hard. But the, the what bothers me today is I didn't learn the first time. I didn't learn the second time.”

Key moments

Notable quotes

“I had too much trust in people... it burnt me and burnt me hard. But what bothers me today is I didn't learn the first time. I didn't learn the second time.”
“We get to this farm festival... and realize we are really in the middle of a communist party rally... very upbeat, very positive, everybody's excited and singing and dancing.”
“It's the grand culmination of all your values. I think it's all your values known and unknown, in that voice.”
“Because we're so conflict averse in our PC society, people are wandering around and they go days, weeks, months, maybe even years without anybody really listening to them.”

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