Using creativity to solve problems cannot be taught, and it’s ultimately what free markets pay for. - Naval Ravikant
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Using creativity to solve problems cannot be taught, and it’s ultimately what free markets pay for.
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About
Naval Ravikant
Naval Ravikant (born November 5, 1974) is an Indian-born American entrepreneur and investor. He is the co-founder and chairman of AngelList, a platform for startups, investors, and job seekers. He is an angel investor who has made early-stage investments in companies including Uber, Twitter, Postmates, and Yammer.
Ravikant is a recipient of the Edmund Hillary Fellowship. He also co-hosts a podcast with Brett Hall.
The people who control the chokepoints through which information flows are the most powerful people in the world.
We prefer to see “winners” as “naturally talented” rather than “hard working.” Because if it were reversed, what would that imply about us?
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LIFE FORMULAS I (2008) These are notes to myself. Your frame of reference, and therefore your calculations, may vary. These are not definitions — these are algorithms for success. Contributions are welcome. → Happiness = Health + Wealth + Good Relationships → Health = Exercise + Diet + Sleep → Exercise = High Intensity Resistance Training + Sports + Rest → Diet = Natural Foods + Intermittent Fasting + Plants → Sleep = No alarms + 8–9 hours + Circadian rhythms → Wealth = Income + Wealth * (Return on Investment) → Income = Accountability + Leverage + Specific Knowledge → Accountability = Personal Branding + Personal Platform + Taking Risk? → Leverage = Capital + People + Intellectual Property → Specific Knowledge = Knowing how to do something society cannot yet easily train other people to do → Return on Investment = “Buy-and-Hold” + Valuation + Margin of Safety [72]