Overheard: An investment is a trade gone bad. - Naval Ravikant

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Overheard: An investment is a trade gone bad.

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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

Everybody who really makes money at some point owns a piece of a product, a business, or some IP. That can be through stock options if you work at a tech company. That’s a fine way to start. But usually, the real wealth is created by starting your own companies or even by investing. In an investment firm, they’re buying equity. These are the routes to wealth. It doesn’t come through the hours.

- No meetings before 11am.
- No meetings when emails or calls will do.
- Don’t schedule calls, text coordinate them on the fly when possible.
-Cram all meetings into two days a week.
- 1-on-1s are usually 30-minute walking meetings.
(Meetings are the death of productivity)

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