Learn more about personaldevelopment with this collection
Understanding the importance of decision-making
Identifying biases that affect decision-making
Analyzing the potential outcomes of a decision
Ignore people playing status games. They gain status by attacking people playing wealth creation games.
NAVAL
29
506 reads
MORE IDEAS ON THIS
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.
NAVAL
39
604 reads
Play iterated games. All the returns in life, whether in wealth, relationships, or knowledge, come from compound interest.
NAVAL
32
473 reads
Understand that ethical wealth creation is possible. If you secretly despise wealth, it will elude you.
NAVAL
29
517 reads
The Internet has massively broadened the possible space of careers. Most people haven't figured this out yet.
NAVAL
28
481 reads
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.
NAVAL
35
472 reads
32
444 reads
Related collections
More like this
Ignore Status Games, Own Equity
Ignore people playing status games. They gain status by attacking people playing wealth creation games.
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 & Me
Avoid taking financial cues from people playing a different game than you are.
Few things matter more with money than understanding your own time horizon and not being persuaded by the actions & behaviors of people playing different games than you are. Go out of your way to...
Good investing: Understand the game you're playing
Investors on the same field often play different games. Even investors who think they're playing the same say have widely different goals and risk tolerances.
Most investing debates reflect investors playing different games and missing each other in conversation. I...
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving & library
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Personalized recommendations
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates