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The Almanac of Naval Ravikant

 

1. Build Wealth, Not Money

  • Wealth is assets that earn while you sleep (businesses, investments, code, media).

  • Money is just how we transfer time and trust; focus on creating real value.

2. Specific Knowledge

  • Develop specific knowledge — skills that are rare, valuable, and hard to teach.

  • It comes from following your genuine curiosity and passion, not from formal education.

3. Leverage

  • Use leverage to multiply effort:

    • Labor leverage (people working for you),

    • Capital leverage (money working for you),

    • Product leverage (code, media, or content — the most scalable).

4. Accountability

  • Take personal responsibility for outcomes.

  • Put your name on your work — it builds trust and reputation.

5. Judgment

  • Good judgment comes from learning, reflection, and experience.

  • It’s the key to long-term success — not just intelligence.

6. Learn to Build and Sell

  • To create wealth, you must either build (products, systems, ideas) or sell (communicate, market, persuade).

  • Master both, and you become unstoppable.

7. Happiness as a Skill

  • Happiness isn’t a result of success — it’s a skill you can practice.

  • It comes from reducing desires, being present, and maintaining peace of mind.

8. Desire Reduction

  • “Desire is a contract you make with yourself to be unhappy until you get what you want.”

  • Train yourself to desire less — contentment brings freedom.

9. Self-Reflection and Meditation

  • Regular introspection helps quiet the mind and align actions with values.

  • Meditation develops clarity and emotional stability.

10. Lifelong Learning

  • Read widely, think deeply, and stay intellectually curious.

  • Compound knowledge just like money — it builds exponential advantage.

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