I've been studying @naval for years now.
I've read "The Almanack," listened to the full 3.5 hours of "How to Get Rich," absorbed his best podcasts, pondered countless tweets, and more.
Here are 20 highlights you should know (thread 👇):
"Answers to all the great questions are paradoxes … Pursuing them is actually really useful because then it gives you certain intrinsic understanding in your life that brings a level of peace." — @naval
"I think the closest I can articulate ... is to keep growing and learning in the short period of time that you have. To seek truth and to accept things the way they are. To see the world the way it really is. Then, just to live your life." — @naval
If @naval could put on thing on a billboard, it would be:
"Desire is a contract you make with yourself to be unhappy until you get what you want."
"I think the most common mistake for humanity is believing you’re going to be made happy because of some external circumstance." — @naval
@naval's most surprising discovery in the last five years is that peace & happiness are skills & choices:
"The most important trick to being happy is to realize happiness is a skill you develop and a choice you make. You choose to be happy, and then you work at it."
"Peace is happiness at rest, and happiness is peace in motion. You can convert peace into happiness anytime you want. But peace is what you want most of the time. If you’re a peaceful person, anything you do will be a happy activity." — @naval
"You have to be very careful because sometimes the voices talking in your head that you think is you is actually social programming." — @naval
"Life is really a single-player game. It’s all going on in your head. Whatever you think and believe will very much shape your reality." — @naval
- What you do
- Who you spend time with
- Where you live
Big Getting Rich Decisions:
- Knowing what to do
- Who to do it with
- When to do it
- Health (Physical, Mental, Spiritual)
- Happiness
- Love / Family
- Mission / Work
- Wealth
"Becoming a perpetual learner. You have to know how to learn anything you want to learn." — @naval
Ultimate Meta-Skill:
"Reading (learning) is the ultimate meta-skill and can be traded for anything else." — @naval
- Reading
- Writing
- Arithmetic
- Persuasion (which is talking)
- Computer Programming (an applied form of arithmetic)
- Execution (getting things done, solving problems)
- Wealth creation / making money
- Read originals & classics
- Read the greats in math, science, philosophy
- Microeconomics, game theory, psychology, persuasion, ethics, computers
- Evolution, thermodynamics, information theory, complexity
"Money is not going to solve all of your problems; but it’s going to solve all of your money problems." — @naval
Wealth:
"My definition of wealth is oriented toward businesses and assets that can earn while you sleep." — @naval
"You’re probably not going to create wealth through work. There are many reasons for that, but the most basic is because your inputs are very closely tied to your outputs. You can’t earn non-linearly." — @naval
- Creating something new from scratch
- Predicting that society will want it
- Figuring out how to scale it and get it to everybody in a profitable, self-sustaining way
- You love to do it
- It’s natural and authentic to you
- You know how to do it the best
- Society wants it but doesn’t know how to get it
- Demonstrated judgment
- High accountability
- Leverage
- Long timescale
"The combination of the three should be your overwhelming goal. The most important thing for any entrepreneur is to find founder-product-market fit." — @naval
"Impatience with actions, patience with results. I think that’s a good philosophy for life." — @naval
All the benefits & returns in life come from compounding:
- Wealth
- Relationships
- Love
- Health
- Habits
- Learning
- Reading
- Knowledge
- Creating
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(1) Kushner is worth $324 million.
(2) Since 2016, Kushner has connived, with Saudi help, to force the Qataris (literally at a ship's gunpoint) to "loan" him $900 million.
(3) This is consistent with the Steele dossier.
(4) Kushner is unlikely to ever have to pay the "loan" back.
2/ So as you read about his tax practices, you should take from it that it's practices of this sort that ensure that he's able to extort money from foreign governments while Trump is POTUS without ever having to pay the money back. It also explains why he's in the Saudis' pocket.
3/ It's why the Saudis *say* he's in their pocket. It's why emoluments and federal bribery statutes matter. It's why Kushner was talking to the Saudi Crown Prince the day before the murdered Washington Post journalist was taken. It's why the Trump administration now does nothing.
(2) Since 2016, Kushner has connived, with Saudi help, to force the Qataris (literally at a ship's gunpoint) to "loan" him $900 million.
(3) This is consistent with the Steele dossier.
(4) Kushner is unlikely to ever have to pay the "loan" back.
Jared Kushner has a net worth of almost $324 million. But it appears that he paid little or no federal income taxes from 2009 to 2016, according to a review of confidential financial documents obtained by NYT. https://t.co/pMQDeCeDNq
— Kyle Griffin (@kylegriffin1) October 13, 2018
2/ So as you read about his tax practices, you should take from it that it's practices of this sort that ensure that he's able to extort money from foreign governments while Trump is POTUS without ever having to pay the money back. It also explains why he's in the Saudis' pocket.
3/ It's why the Saudis *say* he's in their pocket. It's why emoluments and federal bribery statutes matter. It's why Kushner was talking to the Saudi Crown Prince the day before the murdered Washington Post journalist was taken. It's why the Trump administration now does nothing.