The Almanack of Naval Ravikant

Use leverage
1. labour (hardest)
2. capital
3. product with no marginal cost of replication (code/media)
Value your time at a ridiculous high hourly rate. Ruthlessly spend to save time
Spend time when young on the 3 most important decisions:
1. where you live
2. who you’re with
3. what you do
Retiring is when you stop sacrificing today for an imaginary tomorrow
Ways to get lucky:
1. blind luck
2. Hustle until you stumble into it
3. Be sensitive to chances others miss
4. Become the best at what you do
Networking is < being a maker who creates something people want
Praise specifically, criticise generally
Read classic originals, not modern day (Darwin > Dawkins). Math, science, philosophy
Happiness; view the negative before you can aspire to appreciate the positive. Embrace the present moment and the reality of what is, and the way it is
Every desire is a chosen unhappiness. Confucius: “you have 2 lives, and the 2nd one begins when you realise you only have one.”
Working, surround yourself with people more successful than you are.
Playing, surround yourself with people happier than you.
Embrace death, there’s no legacy.
Values; long term thinking, peer relationships not hierarchical.
Inspiration is very perishable; act on it immediately.