Investing favors the dispassionate. Markets efficiently separate emotional investors from their money. - Naval Ravikant

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Investing favors the dispassionate. Markets efficiently separate emotional investors from their money.

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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.

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Intelligence and talent are not normally distributed. Leverage magnifies the distinctions.

The capable ones make everyone better off, but themselves most of all.

It’s not that the rich are getting richer, it’s that the “smart, leveraged, and high agency” are getting richer.
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