Steve Wozniak, the renowned co-founder of Apple, recently shared valuable insights on happiness during a commencement speech at the University of Colorado Boulder. Contrary to measuring success by material wealth, Wozniak emphasized the importance of cherishing moments of joy and laughter with loved ones.

Reflecting on an article about ex-Viacom CEO Sumner Redstone, Wozniak highlighted the fleeting nature of wealth and power. He questioned the significance of accumulating immense wealth and influence, suggesting that true fulfillment lies in memories of humor and camaraderie.

Wozniak presented a simple formula for happiness, stating that ‘H equals S minus F,’ where happiness equals smiles minus frowns. For him, joy stems from experiences with family, music, and comedy, emphasizing the intrinsic value of these aspects in his life.

Despite facing setbacks, such as being expelled from the University of Colorado Boulder for computer hacking in 1969, Wozniak’s passion for humor remained a driving force. His journey eventually led him to co-found Apple with Steve Jobs in 1976, showcasing the transformative power of pursuing one’s passions.

According to social scientist Arthur C. Brooks, many individuals struggle to find happiness as they perceive it as a distant goal tied to specific achievements like marriage, parenthood, or career advancements. Brooks labels this mindset as the ‘arrival fallacy,’ cautioning against equating external milestones with lasting contentment.

Wozniak’s message resonates beyond his personal anecdotes, urging individuals to recognize and prioritize sources of joy in their lives. By embracing moments of laughter, connection, and authenticity, one can cultivate a deeper sense of fulfillment and happiness.