Naval is the co-founder of AngelList and early investor in companies like Twitter and Uber, has spent decades mastering how to live wisely and work intelligently. This book — a collection of his best insights — shows how true wealth isn’t just money, but freedom.

This is a collection of Naval’s Thread on Twitter called How to Get Rich Without Getting Lucky

Seek wealth, not money or status. Wealth is having assets that earn while you sleep. Money is how we transfer time and wealth. Status is your place in the social hierarchy.

You’re not going to get rich renting out your time. You must own equity - a piece of a business - to gain your financial freedom.

You will get rich by giving society what it wants but does not yet know how to get. At scale.

Pick an industry where you can play long term games with long term people.

The Internet has massively broadened the possible space of careers. Most people haven't figured this out yet.

Play iterated games. All the returns in life, whether in wealth, relationships, or knowledge, come from compound interest.

Pick business partners with high intelligence, energy, and, above all, integrity.

Learn to sell. Learn to build. If you can do both, you will be unstoppable.

Arm yourself with specific knowledge, accountability, and leverage.

Specific knowledge is knowledge that you cannot be trained for. If society can train you, it can train someone else, and replace you.

Specific knowledge is found by pursuing your genuine curiosity and passion rather than whatever is hot right now.

Building specific knowledge will feel like play to you but will look like work to others.

When specific knowledge is taught, it’s through apprenticeships, not schools.

Specific knowledge is often highly technical or creative. It cannot be outsourced or automated.

Embrace accountability, and take business risks under your own name. Society will reward you with responsibility, equity, and leverage.

These are just some of the quotes/maxims that Naval talks about. If you study them hard enough, then you will understand what he is saying.

Here’s the book if you want to buy it: The Almanack of Naval Ravikant which features this and a lot more content that I have covered on my podcast episode : Episode #14

Thanks for reading,

Liam Applegate