The Almanack Of Naval Ravikant: A Guide to Wealth and Happiness
A much talked about book on social media, “ The Almanack Of Naval Ravikant: A Guide to Wealth and Happiness ”, collects and organizes the ideas of Naval, an entrepreneur, angel investor, computer science and economics student and brutally honest individual. Collected from tweets, podcasts and blogs - The wisdom of Naval is compiled in the book. I have summarized and condensed the major ideas and quotes from the book. Part 1 Wealth -How to get rich without getting LUCKY? "Getting rich is knowing what to do, with whom to do." Naval suggests : You ought to own equity. All the gains in life come from compound interest. Specific knowledge to be gained -cannot be outscored or automated. Leverage is forced multiplier for your judgment. Capital, Codes and Media - Let them work for you. PRODUCTISE YOURSELF. Play Long term games with long term people - Compounding works - Reputation, Wealth or relationship. Only 1% of the things are useful. Accountability does come wit...