The Almanack of Naval Ravikant

About being a great PM

- Naval always has a bunch of sideprojects

- Naval says 'Books make for great friends, because the best thinkers of the last few thousands years tell their nuggets of wisdom. ' so as a product manager I can not be friends with all the great product managers neither can work with all of them, but by reading the books they write, listening the podcasts they talk I feel like these friends telling me their nuggets of their wisdom.

- Closely studying his career has shown me how great things are accomplished through small, persistent steps and how large an impact one individual can have.

- ... He is also one of the most courageous Not a ''run into the fire without thinking twice'' sense, but in the ''think twice and then tell everyone they are focusing on the wrong fire '' sense

About Financial IQ

- Making money is not a thing you do - it is a skill you learn.

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

- The most important skill for getting rich is becoming a perpetual learner! You have to know how to learn anything you want to learn.

- If you can outsource something or not do something for less than your hourly rate, outsource it or don't do it. If you can hire someone to do it for less than your hourly rate, hire them. That even includes things like cooking. You may want to eat your healthy home cooked meals, but if you can outsource it, do that instead.

- I think the best way to stay away from this constant love of money is to not upgrade your lifestyle as you make money. It's very easy to keep upgrading your lifestyle as you make money. But if you can hold your lifestyle fixed and hopefully make your money in giant lump sums as opposed to a trickle at a time.

About Career Growth

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

- 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 shall be often highly technical or creative. )

- When I talk about specific knowledge, I mean figure out what you were doing as a kid or teenager almost effortlessly. Something you didn't even consider a skill, but people around you noticed. Your mother or your best friend growing up would know

- Study microeconomics, game theory, psychology, persuasion, ethics, mathematics, and computers.

- Work as hard as you can! Even though who you work with and what you work on are more important than how hard you work.

- If you get into a relative mindset, you're always going to hate people who do better than you, you're always going to be jealous or envious of them. They'll sense those feelings when you try and do business with them. Humans are wired to fell what the other person deep down inside feels. You have to get out of a relative mindset.

- for someone who is early in their career (even maybe later), the single most important thing about a company is the alumni network you're going to build. Think about who you will work with and what those people are going on to do

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

- Become the best in the work at what you do ! Keep redefining what you do until this is true.

About Personal Growth

- No one can beat you on being you!

- I believe deep down we all know who we are. You can not hide anything from yourself. Your own failures are written within your psyche, and they are obvious to you. If you have too many of these moral shortcomings, you will not respect yourself! The worst outcome in this world is not having self-esteem. If you don't love yourself, who will?

- Learn PROBABILITY AND STATISTICS

- if you're not spending your time doing what you want, and you're not earning, and you are not learning - what the heck are you doing ?

- We spend so much time in a job, but we spend so little time deciding which job to get into.

- Choosing what city to live in can almost completely determine the trajectory of your life, but we spend so little time trying to figure out what city to live in.

- ''Tension is who you think you should be. Relaxation is who you are. '' Buddhist saying

- Facebook redesigns, twitter redesigns. Personalities, careers, and teams also need redesigns. There are no permanent solutions in a dynamic system.

- Lean into things for short term pain but long term gain.

- Read a lot! Just read! Reading science, math, and philosophy one hour per day will likely put you at the upper echelon of human success within seven years. Read one hour and you are in .00001 percent. People read a minute or less in a day.

About Reading

- The number of books completed is a vanity metric. As you know more, you leave more books unfinished. Focus on new things with predictive power.

- to internalize/organize information from reading books EXPLAIN WHAT YOU LEARNED TO SOMEONE ELSE. Teaching forces learning.

- Reed the right things in the right order.

- Reading twitter facebook is like just taking dopamine snacks all day long.

- NOPE- I should read 2 hours in a day

- YES - I will be happy to read 2 hours in a day.

- Productize yourself!

About Happiness

- My number one priority in life, above my happiness, above my family, above my work, is my own health! Second, it's my mental health. Third it is my spiritual health! Tehn, it's my family's health! Then it's my family's wellbeing!

- Don't spend your time making other people happy. Other people being happy is their problem. It's not your problem.

- I don't get involved in politics I dont hangaround unhappy people I read philosophy I hang around with happy people

- Happiness is what's there when you remove the sense that something is missing in your life.

- A calm mind, a fit body, and a house full of love. These things cannot be bought. They must be earned.

- Desire is a contract you make with yourself to be unhappy until you get what you want.