Classes Of Leverage - Deepstash
Classes Of Leverage

Classes Of Leverage

  1. Labor(worst form of leverage): Other humans working for you. Managing other people is incredibly messy, it requires tremendous leadership skills.
  2. Money(good form): if you get good at managing capital, you can manage more and more capital much more easily than you can manage more and more people.
  3. Product with no marginal cost of replication: includes books ,media, movies and code. You can multiply your efforts without involving other humans and without Needing money from other humans.(permissionless).

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prince_rahul

"A good idea should be like a girl's skirt; long enough to cover the subject and short enough to create interest."

Naval ravikant is an icon in silicon valley & startup culture. He founded multiple successful companies Epinions, angellist. He is also an angel investor, betting early on companies like Uber, Twitter, postmates and hundred more….

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3 Positions of Leverage

3 Positions of Leverage

Leverage is a force multiplier for your judgment. 3 options:

  • Labor: making other humans working for you. It is the oldest form of leverage, and actually not a great one in the modern world. Because managing other people is incredibly messy.
  • Money

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