Venture and value investors outperform via patience. Active trading is just another get-rich-quick scheme, with the same results. - Naval Ravikant

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Venture and value investors outperform via patience. Active trading is just another get-rich-quick scheme, with the same results.

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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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Additional quotes by Naval Ravikant

The great ones don’t do it for money or fame or power.

Or to build an institution, or to help others, or to save the world.

Like a child tinkering, they create it for its own sake.

Free of the burden of ambition.

Deaf to the demands of the world.

Someone who is using a lot of fancy words and big concepts probably doesn’t know what they’re talking about. The smartest people can explain things to a child; if you can’t do that, you don’t understand the concept.

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