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Business

The Almanack of Naval Ravikant

by Eric Jorgenson

4.6· 1,416 ratings
Published 2020242 pagesEnglishDistilled · Aphoristic
Seek wealth, not money or status. Wealth is having assets that earn while you sleep.

Why read it

One of Silicon Valley's sharpest thinkers spent decades tweeting and talking about wealth and happiness, and someone finally gathered it all into a single, quotable field guide.

The big idea

Jorgenson compiles the ideas of investor and founder Naval Ravikant into a curated collection on building wealth and finding happiness. Its core argument is that lasting wealth comes from owning equity and building specific knowledge with leverage, and that happiness is a skill of the mind you can practice.

The story behind it

Jorgenson assembled the book from Naval's tweets, podcasts, and essays with Naval's cooperation, publishing it in 2020. It was released free online and as a low-cost book, reflecting Naval's belief in giving ideas away, and became widely shared in tech and startup circles.

What you’ll take away
  1. 01

    Seek wealth, not money

    Wealth is assets that earn while you sleep; trading time for money will never make you free.

  2. 02

    Build specific knowledge

    Cultivate skills that cannot be trained or outsourced, then apply leverage to them.

  3. 03

    Leverage through code and media

    Products with no marginal cost of replication let a few people reach millions.

  4. 04

    Happiness as a skill

    Peace and contentment can be practiced and chosen, not just stumbled upon.

From the book

Naval explains 'play long-term games with long-term people,' arguing that compounding trust and reputation is where real returns come from.

He describes leverage as capital, labor, and 'products with no marginal cost of replication,' code and media, as the modern lever anyone can pull.

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