The much celebrated book The Almanack of Naval Ravikant: A Guide to Wealth and Happiness by Eric Jorgenson talks in details about life-changing advice about learning, specific knowledge, judgement, decisions, reading, anger, honesty, being yourself and freedom. This book discusses the tools needed to get rich in a predictable and replicable way, and through this re-considers what wealth actually means.
This book demonstrates how Naval questions nearly everything, thinks from first principles and tests things well. Naval’s premise is that getting wealthy is a replicable skill we can all learn. He says that he ‘likes to think that if I lost all my money and you dropped me on a random street in any English-speaking country, within five or ten years I’d be wealthy again because it’s just a skillset I’ve developed that anyone can develop.’ Given the succinctness and significance of his idea, this book is a must read for interested readers.
Pic: http://www.ejorgenson.com
Highlights:
# Desire is a contract you make with yourself to be unhappy until you get what you want. It is a fundamental delusion to think that there is something outside that will make us happy and fulfilled forever. Happiness is the absence of desire.
# If wisdom is the knowledge behind the long-term consequences of your actions, judgment is the knowledge to make the right decision to capitalize on those actions. Demonstrated judgment, with high accountability and a clear track record is critical and underrated.
# If you’re not willing to do a 24/7, 100 percent swap with who that person is, then there is no point in being jealous with someone. Don’t be jealous of anybody for something trivial and unimportant.
# Everything in the Universe is going to be dust someday. Our life is just a firefly blink in a dark night. We’re just monkeys with a plan. We have to stop taking ourselves way too seriously and experience reality in the most positive way.
# If you’re evenly split between two choices while making a difficult decision, take the path more painful in the short term. If you can’t decide, then the answer is ‘No’. Use mental models for making decisions.
# You should develop keen interest in what your ‘work’ is. If you enjoy what you do, working becomes a game you can play all day long. Become the best in the world at what you do. Keep redefining what you do until this is true.
# Anything that you want to do, just get it done quickly with full attention. But give some time for the results to come up. Remember: Impatience with actions and patience with results.
# Read what you love until you love to read. Reading is not a race. The best books take time to get absorbed.
# Value your time more than anything. It is all you have. Don’t waste it. As long as you are doing what you want to, it is not a waste of your time.
# To get rich, seek specific knowledge, accountability, and leverage. Pursue your genuine curiosity and passion rather than whatever is hot right now.
# Nature has no concept of happiness or unhappiness. Nature follows unbroken mathematical laws and a chain of cause and effect from the Big Bang to now. Everything is perfect exactly the way it is.
References:
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