To make money that they didn't need, they risked what they did have and did need. And that's foolish. It is just plain foolish. If you risk something that is important to you for something that is unimportant to you, it just does not make any sense. There is no reason to risk what you have for what you don't have and don't need.

The hardest financial skill is getting the goalpost to stop moving.

Life isn't any fun without a sense of enough. Happiness, as it's said, is just results minus expectations.

"Enough" is realizing that the opposite- an insatiable appetite for more- will push you to the point of regret.The only way to know how much food you can eat is to eat until you're sick.

Reputation is invaluable.Freedom and independence are invaluable.Family and friends are invaluable.Being loved by those who you want to love you is invaluable.Happiness is invaluable.And your best shot at keeping these things is knowing when it's time to stop taking risks that might harm them. Knowing when you have enough.

You know what they say... "There is no calamity greater than lavish desires. No greater guilt than discontentment. And no greater disaster than greed."

Doing well with money isn’t necessarily about what you know. It’s about how you behave. And behavior is hard to teach, even to really smart people. Money—investing, personal finance, and business decisions—is typically taught as a math-based field, where data and formulas tell us exactly what to do. But in the real world people don’t make financial decisions on a spreadsheet. They make them at the dinner table, or in a meeting room, where personal history, your own unique view of the world, ego, pride, marketing, and odd incentives are scrambled together. In The Psychology of Money, award-winning author Morgan Housel shares 19 short stories exploring the strange ways people think about money and teaches you how to make better sense of one of life’s most important topics.

Understand yourself and those around you.

psychology

Psychology

philosophy

Philosophy

moneyandinvestments

Money & Investments

motivationandinspiration

Motivation & Inspiration

books

Books

Morgan Housel is a partner at The Collaborative Fund. He is a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers, winner of the New York Times Sidney Award, and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism. He lives in Seattle with his wife and two kids.

Morgan Housel

The Psychology of Money

Ferriss challenges the traditional notion of deferring happiness until retirement. Instead, he suggests designing your life to enjoy more freedom and fulfillment now. This involves setting goals that align with your passions and restructuring your work to support your desired lifestyle.

Don’t Wait For Happiness Until Retirement

The New Rich are those who prioritize time and mobility over accumulating wealth. They focus on creating a life rich in experiences, flexibility, and freedom. This mindset shift emphasizes the importance of living well today, not just in the distant future.

The New Rich

Ferriss introduces the DEAL framework: Define what you want in life, Eliminate unnecessary tasks and distractions, Automate repetitive tasks to save time, and Liberate yourself from traditional work constraints. This process helps streamline your efforts towards achieving your ideal lifestyle.

The DEAL Framework

Clearly defining your goals is crucial. Ferriss advises breaking down your aspirations into specific, measurable objectives. This clarity helps focus your efforts and makes it easier to track progress and make adjustments as needed.

Defining Your Goals Clearly

Also known as the Pareto Principle, this idea suggests that 80% of your results come from 20% of your efforts. Identify and focus on the most impactful activities, and eliminate or delegate the rest. This maximizes efficiency and productivity.

The 80/20 Principle

Batching involves grouping similar tasks together and completing them in dedicated time blocks. This reduces the time lost to context switching and increases efficiency. For example, check and respond to emails only at specific times each day instead of constantly throughout the day.

Batching Similar Tasks Together

Delegate low-value or repetitive tasks to virtual assistants or freelancers. This frees up your time to focus on high-value activities that drive your goals forward. Ferriss provides strategies for finding and managing outsourced help effectively.

Outsource What’s Low Value

Reducing or eliminating unnecessary communication and interruptions is key to maintaining focus. Ferriss recommends techniques such as setting boundaries for communication, using autoresponders, and creating a distraction-free workspace.

Eliminate Distractions

Instead of deferring all your leisure and travel until traditional retirement, Ferriss suggests taking periodic “mini-retirements” throughout your life. These breaks allow you to recharge, explore new interests, and maintain a balanced, fulfilling lifestyle.

Mini-Retirements

Leverage technology to work from anywhere, increasing your freedom and flexibility. Ferriss advocates for negotiating remote work arrangements with employers or creating a business model that supports location independence.

Remote Work

Create automated income streams that require minimal ongoing effort to maintain. This could involve setting up online businesses, investing in passive income opportunities, or creating products that sell on autopilot.

Automating Your Income

Focus only on essential information and ignore the rest to avoid overwhelm. Ferriss advises limiting your consumption of news and non-critical information, allowing you to concentrate on what’s truly important.

Selective Ignorance

Regularly push yourself out of your comfort zone to build resilience and confidence. Ferriss suggests exercises like approaching strangers, public speaking, or taking on new, challenging projects to expand your comfort zone.

Comfort Challenges

Analyze and confront your fears to prevent them from holding you back. Ferriss introduces a “fear-setting” exercise where you list your fears, explore their worst-case scenarios, and develop strategies to mitigate them. This process helps you take calculated risks with confidence.

Fear-setting

Develop a “muse” business—an automated enterprise that generates consistent income with minimal effort. Ferriss provides examples and strategies for creating businesses that fit this model, such as e-commerce or digital products.

Muse Business

Learn negotiation tactics to improve work conditions and business deals. Ferriss emphasizes the importance of understanding your value, preparing thoroughly, and using strategic negotiation techniques to achieve favorable outcomes.

Effective Negotiation

Limit consumption of news and non-essential information to stay focused. Ferriss advocates for a “low-information diet” to reduce mental clutter and increase productivity. This involves curating the information you consume and prioritizing only what directly impacts your goals.

Low Information Diet

Prioritize tasks based on importance and impact, not urgency. Ferriss suggests using tools like the Eisenhower Matrix to categorize tasks and focus on what truly matters. This helps avoid busywork and ensures you spend your time on high-value activities.

Time Management

Validate business ideas with real-world testing before fully committing. Ferriss recommends starting with small-scale tests to gather feedback and refine your ideas. This iterative approach reduces risk and increases the chances of success.

Testing Assumptions

Establish systems and processes that allow your business to run smoothly without constant oversight. Ferriss emphasizes the importance of creating efficient workflows, automating tasks, and delegating responsibilities to free up your time for strategic decision-making.

Creating Systems

Unlock a life of freedom and efficiency with "The 4-Hour Workweek" by Tim Ferriss. Discover how to design your ideal lifestyle and work smarter, not harder.

What do you do? Tim Ferriss has trouble answering the question. Depending on when you ask this controversial Princeton University guest lecturer, he might answer: “I race motorcycles in Europe.” “I ski in the Andes.” “I scuba dive in Panama.” “I dance tango in Buenos Aires.” He has spent more than five years learning the secrets of the New Rich, a fast-growing subculture who has abandoned the “deferred-life plan” and instead mastered the new currencies—time and mobility—to create luxury lifestyles in the here and now. Whether you are an overworked employee or an entrepreneur trapped in your own business, this book is the compass for a new and revolutionary world. Join Tim Ferriss as he teaches you: • How to outsource your life to overseas virtual assistants for $5 per hour and do whatever you want • How blue-chip escape artists travel the world without quitting their jobs • How to eliminate 50% of your work in 48 hours using the principles of a forgotten Italian economist • How to trade a long-haul career for short work bursts and freuent "mini-retirements" • What the crucial difference is between absolute and relative income • How to train your boss to value performance over presence, or kill your job (or company) if it’s beyond repair • What automated cash-flow “muses” are and how to create one in 2 to 4 weeks • How to cultivate selective ignorance—and create time—with a low-information diet • What the management secrets of Remote Control CEOs are • How to get free housing worldwide and airfare at 50–80% off • How to fill the void and create a meaningful life after removing work and the office You can have it all—really. From the Hardcover edition.

productivity

Productivity

remotework

entrepreneurship

Entrepreneurship

Tim Ferriss is author of three #1 NYT/WSJ bestsellers: The 4-Hour Workweek, The 4-Hour Body, and The 4-Hour Chef. He is also a start-up advisor specializing in positioning, PR, and marketing (Uber, Evernote, etc.). When not damaging his body with abusive sports, he enjoys chocolate, bear claws, and Japanese animation.

Timothy Ferriss

The 4-Hour Workweek

Gm gm gm Where do we start from? The fact that the block completion time is 400ms Or that I find Solana beautiful 😎 Or that, Solana exhibits some yin yang kinda financial lifestyle Or that she challenges to take over the queen's place? Or that her stylist is a Software-code Booglehead, who contributed immensely in Qualcomm? Solana! Solana! Solana! Even the name speaks volumes of her beauty, fame and feline grace.

Solana Hype

Wait a minute 😎 I have a big sister, her best color is Purple. She's not a Blockchain Researcher like me, but I know one thing, If she stumbles into Blockchains, cryptocurrency specifically, she'd love this Princess —solana. She's adorned in her best colours. Purple like speedy, purple like lavender, purple like the ancient Egyptian's royal linen, purple like Xerxe's apparel. Let's talk Solana, The Princess of the Palace. She's still indecisive of her prince-to- be, so she appears in purple with hues and contrast. Till then, Red may 👌🏼

... Beautiful Crypto

<a href="https://youtu.be/RtzZsJHUL9o?si=6gg2WGPPF9sf2XNX">...of Anatoly Yakovenko.</a> Anatoly YakovenkoCEO at Solana Labs The brain behind the innovation.The Man! The Myth! The Legend! An internet personality, widely know for his contributions in the creation of early operating systems at Qualcomm. Also worked as an engineer at Dropbox and Mesosphere. Once he planned starting a cryptocurrency mining booth, but was made to wait 6-months later than he expected. Had a wavering curiousity for cryptocurrency until the BTC mining incident, that waver beame voracious 🔥 <a href="https://x.com/aeyakovenko">X</a> <a href="http://bit.ly/3xGzNAv">LinkedIn</a> <a href="https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.instagram.com/aeyakovenko/&ved=2ahUKEwjHkrPUn_-GAxU28QIHHeWJNB4Q9zB6BAgxEAc&usg=AOvVaw1Pjnao1UWeIqYjnYVH06Cq">Instagram</a>

The Story

So Why Solana? It was 2017, when Solana was born. I will not bore you... 1. To increase the rapidity of Blockchain transactions 2. To increase adoption by smart contract developers. 3. Cutting cost off 4. To ensure a greener environment

Bullet, Why Solana ?

Solana statistics You may be perturbed to know that $Sol was launched at March 2020 at about $0.95 and it's highest attained ATH is about $260. The price sits at $141 as of the time of this documentation Market cap. $65,412,631,478 Max supply infinity Fully diluted market cap $81,942,324,355 Total Supply 579,070,743 Sol From <a href="https://coinmarketcap.com/currencies/solana/">CoinMarketCap</a> What about the maximum supply? Your mind should wonder why Sol is high despite the fact that it has no upper limits dor its maximum supply?

Stats

There's a novel technique used by the Solana team to combat inflation rate of Sol, with this technique as documented by <a href="https://cointelegraph.com/learn/solana-sol-ecosystem-overview">CoinTelegraph () </a>Sol inflationary rate sits at 8% currently with prospects of decreasing by 15% every year till year 2031 when it comes to 1.5 %, a stable long term inflationary rate.

Inflate Or Deflate

Consensus Solana uses the PoS Consensus mechanism dubbed with PoH. PoH in itself is not a Consensus mechanism but an invention by Anatoly Yakovenko to help ensure faster block confirmation time , thus, ensuring transactions are done as fast as possible. Solana boasts of TPS reaching 65,000 transactions per second.However, I believe this is <a href="https://www.tradingview.com/news/u_today:f229dd160094b:0-solana-sol-ranked-fastest-blockchain-details/">theoretical</a> Currently, the TPS of Solana stands at about over 1000 transactions per second

PoS, Proof of Stake Solana, Ton amongst others are notable Blockchains we've looked at that make use of this Consensus mechanism. PoS is a Consensus that demands staking of some tokens (native to that particular crypto Blockchain) in other to be able to run a validator node and validate transactions in the Blockchain. Now this is where PoH comes in. It may interest you to know that when new blocks are created, they include a timestamp to show the particular time that very Blockchain was created.Believe you me when I tell you that PoH is not as simple as it may look.

Consensus Proper 1

The technicalities is one of its kind. However, basically, PoH allows for faster block confirmation time.Most times there'd be a great workload on the Blockchain and different validators will be validating different transactions.Transactions cannot be added anyhow to the chain of blocks, it has to be added in the order in which it was confirmed. When a particular validator confirms a transaction he'll need to add it to the the transaction list which all validator will confirm to be following in the order that they were confirmed, when this order is confirmed....next slide

...., this list will be added as a block to the chain of blocks.The question is : "How will I know that I completed confirmation for this transactions before this particular validator's confirmed transaction?" Or "how will I know this transaction was completed before this other one?"This is what PoH helps Solana do. For each transaction, a timestamp in the form of a hash is given. This hash is created by the hash function SHA256 which is notable to be a one-way hash function ie an input gives a 64 stringed output, if you input the same output it gives another different 64 stringed output.

SHA256

With this method, a validator does not need to gossip with other validators to find out the expected order of the transaction. I kinda asked myself, what's the point of all these cryptic things? Why not record the exact time in yr:mm:dd:hr:mn:ss (year, month, day, hour, minute, second)? But then, validators are in different countries and different time zones so that will be practically impossible and if possible, way cumbersome. My brain 😂😂😂In fact, just understand that PoH helps to ensure faster transactions in Solana Blockchain.

Summary😂

Keep Broadening Your Horizon

Vote Of Thanks

crypto

Cryptocurrency

technologyandthefuture

Technology & The Future

timemanagement

softwareengineering

Software Engineering

Sol (5)

File this book under:'No Excuses'

We think that just having a business degree is enough to survive this world. Unfortunately, life is not a bed of roses. So to summarize it,we'll talking about our two characters :Josh and Bill

MBA Knowledge

JOSH-THE DEGREE GUY

Fresh out of College, josh joins office with the enthusiasm that he will be the richest guy just working under someone else.

DREAM JOB

When josh was laid off, it seemed to him that as if his world had broken down. He was expecting second child, he also huge debts to repay. He feels like lost. Colleagues who used to swarm around him, now don't answer his phone call.

The Shock

Looking no other way, he decided to call his friend Bill. Josh used to bully him for being ignorant and rebellious. After telling his situation, Bill told him to meet at a hotel. When Josh arrived, he was shocked to see the fancy hotel and wondered why Bill had called him here. But what surprised him more was Bill's appea

Last Resor

WHY BILL HAD CHANGED

Happiness is an attitude. Whether you make yourself miserable or happy, it requires the same amount of effort.

Who says we need a degree to be a business-man? Read this book properly and you'll have most of the topics covered.

An MBA at a top school is an enormous investment in time, effort and cold, hard cash. And if you don't want to work for a consulting firm or an investment bank, the chances are it simply isn't worth it. Josh Kaufman is the rogue professor of modern business education. Feted by everyone from the business media to influential business writers including Seth Godin and David Allen, he's torn up the rulebook and given thousands of people worldwide the tools to teach themselves everything they need to know about business. The Personal MBA teaches simple mental models that help students understand every subject that's key to commercial success. From the basics of products, sales & marketing and finance to the nuances of human psychology, teamwork and creating systems, this bestselling title distils everytyhing you need to know to take on the MBA graduates and win. This book gives you everything you need to transform your business, your career or your working life forever.

Discover the world of business and economics.

economics

Economics

education

Learning & Education

Josh Kaufman is an independent business teacher, education activist, and author of The Personal MBA: Master the Art of Business.Josh's unique, multidisciplinary approach to business education has helped hundreds of thousands of readers around the world master foundational business concepts on their own terms, and his work has been featured in BusinessWeek, Fortune, and Fast Company, as well as by influential websites like Lifehacker, HarvardBusiness.org, Cool Tools, and Seth Godin's Blog.

Josh Kaufman

The Personal MBA

In order for you to win the lottery, you have to keep buying tickets and keep losing.

Make a plan and stick to it. Do not listen to your brain and just start working. You will reach your destination. Do not compromise

habits

Habits

Success Comes from Taking Risks

Successful investors tend to be unemotional, allowing the greed and fear of others to play into their hands.

Unsuccessful investors are dominated by emotion. Rather than responding coolly and rationally to market fluctuations, they respond emotionally with greed and fear.We all know people who act responsibly and deliberately most of the time but go berserk when investing money. It may take them many months, even years, of hard work and disciplined saving to accumulate the money but only a few minutes to invest it.

#1. Emotions Play Havoc in Investing

Many unsuccessful investors regard the stock market as a way to make money without working rather than as a way to invest capital in order to earn a decent return.Anyone would enjoy a quick and easy profit, and the prospect of an effortless gain incites greed in investors. Greed leads many investors to seek shortcuts to investment success.

#2. Stock Market ≠ Quick Money

All market fads come to an end. Security prices eventually become too high, supply catches up with and then exceeds demand, the top is reached, and the downward slide ensues.There will always be cycles of investment fashion and just as surely investors who are susceptible to them.

#3. Stock Market Cycles

Warren Buffett likes to say that the first rule of investing is "Don't lose money," and the second rule is, "Never forget the first rule."I too believe that avoiding loss should be the primary goal of every investor. This does not mean that investors should never incur the risk of any loss at all. Rather "don't lose money" means that over several years an investment portfolio should not be exposed to appreciable loss of principal.

#4. First, Avoid Losses

Investors’ intent on avoiding loss must position themselves to survive and even prosper under any circumstances. Bad luck can befall you; mistakes happen.The prudent, farsighted investor manages his or her portfolio with the knowledge that financial catastrophes can and do occur. Successful investors tend to be unemotional, allowing the greed and fear of others to play into their hands.

#5. Prepare for the Worst

Don't Forget This Tip

I will be sharing 5 key secrets from Seth A. Klarman's 'Margin of Safety'. Do comment & follow me for more!

The disciplined pursuit of bargains makes value investing very much a risk-averse approach. The greatest challenge for value investors is maintaining the required discipline. Being a value investor usually means standing apart from the crowd, challenging conventional wisdom, and opposing the prevailing investment winds. It can be a very lonely undertaking. A value investor may experience poor, even horrendous, performance compared with that of other investors or the market as a whole during prolonged periods of market overvaluation. Yet over the long run the value approach works so successfully that few, if any, advocates of the philosophy ever abandon it. - Author.

startup

Startups

Seth A. Klarman

Margin of Safety

The big money is not in the buying or selling but in the waiting.

Charlie Munger emphasizes the value of mental models—frameworks for thinking that help us understand the world. By using a variety of models from different disciplines, we can make better decisions. Munger advocates for building a “latticework” of these models in our minds, enabling us to approach problems with a multifaceted perspective and avoid narrow thinking.

The Importance Of Mental Models

Munger stresses the importance of a multidisciplinary approach to problem-solving. He believes that wisdom comes from integrating knowledge across various fields, including psychology, economics, physics, and biology. This broad understanding allows us to see connections and patterns that others might miss, leading to more innovative and effective solutions.

The Multi-disciplinary Approach

Understanding human biases and cognitive errors is a key theme in Munger’s teachings. He outlines numerous psychological tendencies that can lead to poor decision-making, such as confirmation bias, overconfidence, and the tendency to avoid pain and seek pleasure. By recognizing these biases, we can take steps to mitigate their impact and make more rational choices.

The Psychology Of Human Mis

Munger frequently uses the principle of inversion in his thinking. Instead of asking how to achieve success, he asks how to avoid failure. By considering the opposite of what we want, we can identify potential pitfalls and make plans to avoid them. This counterintuitive approach often reveals insights that straightforward thinking might overlook.

The Power Of Inversion

Munger emphasizes the virtues of patience and discipline, especially in investing. He advises against the temptation of quick gains and stresses the importance of long-term thinking. By being patient and disciplined, investors can avoid the pitfalls of market speculation and benefit from the power of compounding over time.

The Role Of Patience And Discipline

Munger believes in the value of learning from mistakes, both our own and those of others. He encourages a mindset of continuous improvement, where failures are seen as opportunities to gain wisdom. By studying past errors and understanding their causes, we can avoid repeating them and improve our decision-making skills.

Learning From Mistakes

Rationality is a central theme in Munger’s philosophy. He argues that we should strive to be rational in all aspects of life, from investing to personal decisions. This means basing our choices on logic and evidence, rather than emotions or intuition. Rationality helps us navigate complex situations and make decisions that are in our best long-term interest.

The Value Of Rationality

Munger is an avid reader and believes that continuous learning is essential for success. He advocates for reading widely and deeply across different subjects. This habit not only expands our knowledge but also helps us develop the mental models and multidisciplinary approach that Munger champions. Reading is a lifelong endeavor that keeps our minds sharp and adaptable.

The Importance Of Reading

Munger highlights the usefulness of checklists in decision-making processes. Checklists help ensure that we consider all relevant factors and avoid overlooking important details. By systematically addressing each point on a checklist, we can reduce the risk of errors and improve the quality of our decisions, particularly in high-stakes situations.

The Role Of Checklists

Munger underscores the significance of ethics and integrity in both personal and professional life. He believes that a reputation for honesty and reliability is invaluable and that cutting corners or engaging in unethical behavior ultimately leads to failure. Upholding high ethical standards builds trust and respect, which are crucial for long-term success and fulfillment.

The Importance Of Ethics

And lastly, Charlie Munger shows us that success in any area not just comes from learning the git of your business but also from relearning from your mistakes, having discipline, understanding emotions, thinking out of the box and practising organization.

From the legendary vice-chairman of Berkshire Hathaway, lessons in investment strategy, philanthropy, and living a rational and ethical life.“Spend each day trying to be a little wiser than you were when you woke up,” Charles T. Munger advises in Poor Charlie’s Almanack. Originally published in 2005, this compendium of eleven talks delivered by the legendary Berkshire Hathaway vice-chairman between 1986 and 2007 has become a touchstone for a generation of investors and entrepreneurs seeking to absorb the enduring wit and wisdom of one of the great minds of the 20th and 21st centuries. Edited by Peter D. Kaufman, chairman and CEO of Glenair and longtime friend of Charlie Munger—whom he calls “this generation’s answer to Benjamin Franklin”—this abridged Stripe Press edition of Poor Charlie’s Almanack features a brand-new foreword by Stripe cofounder John Collison. Poor Charlie’s Almanack draws on Munger’s encyclopedic knowledge of business, finance, history, philosophy, physics, and ethics—and more besides—to introduce the latticework of mental models that underpin his rational and rigorous approach to life, learning, and decision-making. Delivered with Munger’s characteristic sharp wit and rhetorical flair, it is an essential volume for any reader seeking to go to bed a little wiser than when they woke up.

leadershipandmanagement

Leadership & Management

Charles T. Munger

Poor Charlie’s Almanack

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.

Understand that ethical wealth creation is possible. If you secretly despise wealth, it will elude you

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 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.

Don't partner with cynics and pessimists. Their beliefs are self-fulfilling.

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.

The most accountable people have singular, public, and risky brands: Oprah, Trump, Kanye, Elon.

“Give me a lever long enough, and a place to stand, and I will move the earth.”- Archimedes

Fortunes require leverage. Business leverage comes from capital, people, and products with no marginal cost of replication (code and media).

Capital means money. To raise money, apply your specific knowledge, with accountability, and show resulting good judgment.

Labor means people working for you. It's the oldest and most fought-over form of leverage. Labor leverage will impress your parents, but don’t waste your life chasing it.

Capital and labor are permissioned leverage. Everyone is chasing capital, but someone has to give it to you. Everyone is trying to lead, but someone has to follow you.

Code and media are permissionless leverage. They're the leverage behind the newly rich. You can create software and media that works for you while you sleep.

An army of robots is freely available - it's just packed in data centers for heat and space efficiency. Use it.

If you can't code, write books and blogs, record videos and podcasts.

Leverage is a force multiplier for your judgement.

This is not a summary, nor anything of my own. This is a life-changing thread from Naval's twitter account. Follow him on X, @naval

How to get rich without getting lucky - by Naval 

Find 100+ Ideas and Facts about Money - Curated from interesting sources like Books, Podcasts & Articles - Genuine Insights from like-minded Users like You!

The Psychology of Money

The 4-Hour Workweek

Sol (5)

The Personal MBA

Success Comes from Taking Risks

Margin of Safety

Poor Charlie’s Almanack

How to get rich without getting lucky - by Naval

Chairman's Letter - 1985

Chairman's Letter - 1984

It's time to
Read like a Pro.

The Psychology of Money

The 4-Hour Workweek

Sol (5)

The Personal MBA

Success Comes from Taking Risks

Margin of Safety

Poor Charlie’s Almanack

How to get rich without getting lucky - by Naval

Chairman's Letter - 1985

Chairman's Letter - 1984

It's time to Read like a Pro.

It's time to
Read like a Pro.