
Naval Ravikant's Principles of Wealth and Happiness
Description
Book Introduction
What are the skills that can make you rich and happy, and how can you learn them? Praised by bestselling self-help authors like Tim Ferriss and Morgan Housel, Naval Ravikant's book will help you find your own path to a free and abundant life. |
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Preview
index
Note
Introduction (Tim Ferriss)
Editor's Note (Eric Jorgensen)
Naval Ravikant History
Naval Ravikant's words
About Part 1
How to build wealth
Understand how wealth accumulates
Find and build specialized knowledge
Play the long game with people who have a long-term perspective.
Take responsibility
Buy stock in the company to secure a stake.
Find a place to place the lever.
Reward your judgment
Focus on your priorities
Enjoy your work
Learn how to catch luck
Be patient
How to Develop Judgment
Have judgment
Think clearly
Let go of your preconceptions and face reality.
Learn decision-making skills
Have a good mental model
Learn to love reading
Part 2: On Happiness
Knowing Happiness Properly
Happiness is learning
Happiness is a choice
The first prerequisite for happiness: living in the present.
The second prerequisite for happiness: peace
Every desire is a misfortune you choose.
Being successful doesn't mean you're happy
Jealousy is the enemy of happiness.
Happiness can become a habit
Find happiness by embracing life.
Your body is yours to save
Be yourself
Take care of yourself
Meditate
Develop good habits
Grow yourself
Free yourself
About philosophy
The meaning of life
Live by your values
rational Buddhism
All we can possess is the present.
supplement
Reading Recommendations by Nabal
Books
etc
Nabal's writings
If you want to know more about Nabal
Acknowledgements
Quote Source
Introduction (Tim Ferriss)
Editor's Note (Eric Jorgensen)
Naval Ravikant History
Naval Ravikant's words
About Part 1
How to build wealth
Understand how wealth accumulates
Find and build specialized knowledge
Play the long game with people who have a long-term perspective.
Take responsibility
Buy stock in the company to secure a stake.
Find a place to place the lever.
Reward your judgment
Focus on your priorities
Enjoy your work
Learn how to catch luck
Be patient
How to Develop Judgment
Have judgment
Think clearly
Let go of your preconceptions and face reality.
Learn decision-making skills
Have a good mental model
Learn to love reading
Part 2: On Happiness
Knowing Happiness Properly
Happiness is learning
Happiness is a choice
The first prerequisite for happiness: living in the present.
The second prerequisite for happiness: peace
Every desire is a misfortune you choose.
Being successful doesn't mean you're happy
Jealousy is the enemy of happiness.
Happiness can become a habit
Find happiness by embracing life.
Your body is yours to save
Be yourself
Take care of yourself
Meditate
Develop good habits
Grow yourself
Free yourself
About philosophy
The meaning of life
Live by your values
rational Buddhism
All we can possess is the present.
supplement
Reading Recommendations by Nabal
Books
etc
Nabal's writings
If you want to know more about Nabal
Acknowledgements
Quote Source
Detailed image

Into the book
The most important skill to becoming rich is to be a constant learner.
Whatever you want to learn, figure out how to learn it.
The old way to make money was to go to college for four years, get a degree, and then work in a professional field for 30 years.
But things changed quickly.
Now I have to adapt to a new job within 9 months.
Because after 4 years it will be of no use.
But if you spend three years productively, you can become very rich.
--- p.35
In business relationships, it is very important to increase your well-being.
Look at the people who play the most important roles in society, such as why some people become executives of public corporations or sit in positions that control billions of dollars.
It's because people trust them.
They are trusted because they have built relationships and performed work that has benefited others.
Not only was he dedicated to the company he worked for, he also demonstrated high integrity in a visible and responsible manner.
There are also benefits to your reputation.
If you have a great reputation and have been building it for decades, people will quickly figure out what kind of person you are.
--- p.37
When we do something, the less we want from it, the less we think about it and the less we are obsessed with it, the more naturally we can do it.
And you do it only for yourself.
You become dedicated to doing it the way you are good at.
As you do this, people around you will notice that you are working with more dignity.
--- p.47
If you have specialized knowledge, responsibilities, and leverage, the company should pay you what you're worth.
If the company pays you what you're worth, you might be able to get your time back.
Then your efficiency will increase tremendously.
There's no need to have meetings for the sake of meetings, no need to try to impress others, and no need to write things down to make it look like you've done some work.
The only thing you have to worry about is the work itself.
If you focus solely on the task itself, you will be much more productive and efficient.
You only need to work when you feel good, that is, when your energy is high, and you don't need to force yourself to work when your energy is low.
That's what it means to get your time back.
--- p.54
Another way to think about whether something is worth doing yourself is that unless it can be done for less than your hourly wage, you might as well outsource it or not do it at all.
If you can hire someone to do the job for less than your hourly rate, hire them.
This also includes tasks like cooking.
You may want to eat healthy meals cooked at home, but if it's more advantageous to outsource, then do so.
--- p.65
If you feel aversion to wealth, it will prevent you from becoming rich.
Because you don't have the right mindset and the right spirit about wealth, you won't be able to deal with people at the right level.
It is important to always be optimistic and think positively.
In fact, optimists get better results in the long run.
--- p.66
To become rich even when luck is not ours, we must develop the ability to make our own decisions rather than leaving fate to chance.
We must not leave our fate to chance.
--- p.81
Everyone wants to become rich instantly, but the world is not an easy place.
There is no instant success.
It takes time.
You have to invest a lot of time.
To become the world's best in your field, you must be equipped with specialized knowledge, responsibility, leverage, and your own true skills.
--- p.85
I define wisdom as 'knowing the long-term consequences of your actions.'
Wisdom applied to external problems is judgment.
Because we need to know the long-term consequences of our actions so we can use them to make the right decisions (judgments).
--- p.90
If you have something to criticize about someone, don't criticize the person, but criticize their general approach or type of activity.
On the other hand, when praising someone, always find the best example of what they deserve and praise them specifically.
Then their pride and identity will work to your advantage.
--- p.100
It doesn't really matter what book you read.
If you read books that interest you, you will end up reading a lot of books.
Just doing that will dramatically improve your life.
It's the same principle that exercising a little bit every day and having fun is the best exercise for you.
So, read not only books, but also blogs, Twitter, anything that gives you ideas, information, and something to learn.
The best way is to find a field you like and read it all the time.
--- p.112
The more I am present, the happier and more fulfilled I feel.
I'm stuck on some emotion and I'm like, "Oh, I'm happy now.
If you say, “I want to be happy,” you will be far from happiness at that moment.
And then suddenly your mind will be moved and you will want to attach yourself to something else.
Because our minds try to create permanent situations out of temporary ones.
For me, happiness is not suffering, not being greedy, not thinking too much about the future or the past, embracing the present moment and accepting reality as it is.
--- p.125
Desire is a contract you make with yourself to be unhappy until you get what you want.
Most of us don't seem to realize what desire is.
We spend all day craving something and then wonder why we are unhappy.
I try to keep aware of what I long for.
Only then can I choose my desires carefully.
I try not to have more than one big desire in my life at any given moment.
And I recognize that desire is the axis of my suffering, and I realize what areas I have chosen to be unhappy in.
--- p.134
The most important secret to happiness is realizing that happiness is a skill we can develop and a choice we make.
You can choose and work to be happy.
It's the same principle as building muscle, losing weight, becoming successful at work, or learning calculus.
If happiness is important to you, make it your top priority.
And read everything you need to know about the subject.
Whatever you want to learn, figure out how to learn it.
The old way to make money was to go to college for four years, get a degree, and then work in a professional field for 30 years.
But things changed quickly.
Now I have to adapt to a new job within 9 months.
Because after 4 years it will be of no use.
But if you spend three years productively, you can become very rich.
--- p.35
In business relationships, it is very important to increase your well-being.
Look at the people who play the most important roles in society, such as why some people become executives of public corporations or sit in positions that control billions of dollars.
It's because people trust them.
They are trusted because they have built relationships and performed work that has benefited others.
Not only was he dedicated to the company he worked for, he also demonstrated high integrity in a visible and responsible manner.
There are also benefits to your reputation.
If you have a great reputation and have been building it for decades, people will quickly figure out what kind of person you are.
--- p.37
When we do something, the less we want from it, the less we think about it and the less we are obsessed with it, the more naturally we can do it.
And you do it only for yourself.
You become dedicated to doing it the way you are good at.
As you do this, people around you will notice that you are working with more dignity.
--- p.47
If you have specialized knowledge, responsibilities, and leverage, the company should pay you what you're worth.
If the company pays you what you're worth, you might be able to get your time back.
Then your efficiency will increase tremendously.
There's no need to have meetings for the sake of meetings, no need to try to impress others, and no need to write things down to make it look like you've done some work.
The only thing you have to worry about is the work itself.
If you focus solely on the task itself, you will be much more productive and efficient.
You only need to work when you feel good, that is, when your energy is high, and you don't need to force yourself to work when your energy is low.
That's what it means to get your time back.
--- p.54
Another way to think about whether something is worth doing yourself is that unless it can be done for less than your hourly wage, you might as well outsource it or not do it at all.
If you can hire someone to do the job for less than your hourly rate, hire them.
This also includes tasks like cooking.
You may want to eat healthy meals cooked at home, but if it's more advantageous to outsource, then do so.
--- p.65
If you feel aversion to wealth, it will prevent you from becoming rich.
Because you don't have the right mindset and the right spirit about wealth, you won't be able to deal with people at the right level.
It is important to always be optimistic and think positively.
In fact, optimists get better results in the long run.
--- p.66
To become rich even when luck is not ours, we must develop the ability to make our own decisions rather than leaving fate to chance.
We must not leave our fate to chance.
--- p.81
Everyone wants to become rich instantly, but the world is not an easy place.
There is no instant success.
It takes time.
You have to invest a lot of time.
To become the world's best in your field, you must be equipped with specialized knowledge, responsibility, leverage, and your own true skills.
--- p.85
I define wisdom as 'knowing the long-term consequences of your actions.'
Wisdom applied to external problems is judgment.
Because we need to know the long-term consequences of our actions so we can use them to make the right decisions (judgments).
--- p.90
If you have something to criticize about someone, don't criticize the person, but criticize their general approach or type of activity.
On the other hand, when praising someone, always find the best example of what they deserve and praise them specifically.
Then their pride and identity will work to your advantage.
--- p.100
It doesn't really matter what book you read.
If you read books that interest you, you will end up reading a lot of books.
Just doing that will dramatically improve your life.
It's the same principle that exercising a little bit every day and having fun is the best exercise for you.
So, read not only books, but also blogs, Twitter, anything that gives you ideas, information, and something to learn.
The best way is to find a field you like and read it all the time.
--- p.112
The more I am present, the happier and more fulfilled I feel.
I'm stuck on some emotion and I'm like, "Oh, I'm happy now.
If you say, “I want to be happy,” you will be far from happiness at that moment.
And then suddenly your mind will be moved and you will want to attach yourself to something else.
Because our minds try to create permanent situations out of temporary ones.
For me, happiness is not suffering, not being greedy, not thinking too much about the future or the past, embracing the present moment and accepting reality as it is.
--- p.125
Desire is a contract you make with yourself to be unhappy until you get what you want.
Most of us don't seem to realize what desire is.
We spend all day craving something and then wonder why we are unhappy.
I try to keep aware of what I long for.
Only then can I choose my desires carefully.
I try not to have more than one big desire in my life at any given moment.
And I recognize that desire is the axis of my suffering, and I realize what areas I have chosen to be unhappy in.
--- p.134
The most important secret to happiness is realizing that happiness is a skill we can develop and a choice we make.
You can choose and work to be happy.
It's the same principle as building muscle, losing weight, becoming successful at work, or learning calculus.
If happiness is important to you, make it your top priority.
And read everything you need to know about the subject.
--- p.146
Publisher's Review
True financial wisdom, life strategies, and a philosophy of happiness!
Naval Ravikant is an icon of Silicon Valley and global startup culture, CEO and co-founder of AngelList, and a successful angel investor who has invested in over 100 companies, including Uber and Twitter (X).
He is a major influencer in the investment world with a huge following and influence on Twitter X.
He is also a philosopher who has captivated the world with his self-proclaimed principles for building wealth and creating long-term happiness.
What makes Nabal a figure who attracts readers and listeners around the world is not his financial success, but rather the way he shares his philosophy on life and happiness with people.
He is widely admired by people for personally demonstrating a very rare combination of success and happiness.
Naval has spent his life studying philosophy, economics, and wealth creation, and applying them to real life, demonstrating the profound impact his principles have on our lives.
To this day, Naval continues to build and invest in his own artistic company while maintaining a healthy, peaceful, and balanced life.
After appearing on the Joe Roagan Experience, the most popular podcast, to share his in-depth insights on wealth and happiness, his insightful words went viral, and he is now widely praised as "one of the greatest modern philosophers."
This book is a compilation of Nabal's wisdom and experience from the past ten years.
Naval has compiled some of his most insightful interviews and poignant reflections and shared them with us.
This book is not a manual or a step-by-step guide to learning techniques, but rather an essay and philosophy that empowers each person on their own journey to a happier and wealthier life.
Through Nabal's own words, you will learn how to walk your own unique path to a happier and more fulfilling life.
The desire to become rich and happy may seem impossible, but it is actually a skill we can learn.
So what are these skills, and how can we learn them? What principles should we strive for to learn them? What process can we follow to achieve them? Becoming wealth isn't a matter of luck.
Happiness is not something you are born with.
Naval Ravikant emphasizes that it is a skill that can be learned through practice.
** Quote from Naval Ravikant, author of the best-selling book, The Immutable Laws, by Morgan Houseld!
Chapter 4 of "The Immutable Laws": Humans, the Unknowable Being: We should not choose only the good qualities of those we envy.
We must accept their whole lives.
** Foreword by Tim Ferriss, bestselling author of "The Four Hour Workday" and "Tools of Titans"!
Nabal changed my life for the better.
If you read this book as if you were dealing with a kind and highly capable sparring partner, it will change your life.
Amazon reviews
I call Nabal the angel philosopher, and you can see why in the almanac.
Filled with unforgettable wisdom and sharp insights, this book will leave you with a sense of awakening.
-Shane Parrish, founder of Panam Street
Nabal is a source of amazing wisdom.
The problem was that I had to search all over the place to find it.
This book is the only one that captures all of Nabal's genius.
I've already read it twice and plan to reread it at least twice a year.
I can't think of a higher compliment for a book.
-Tucker Max, four-time New York Times bestselling author
Naval Ravikant is frankly a very wise man.
I'm learning a lot about business leadership, financial planning, life strategies, and the philosophy of happiness.
This generation's new Napoleon Hill combines the thinking of Ray Dalio with the thinking of Warren Buffett/Charlie Munger.
It can be said to help you create a prosperous financial future.
I highly recommend this to anyone learning how to be happy! -Nelson ***
It covers key principles such as the pursuit of wealth, ethical wealth creation, the importance of ownership, continuous learning, decision-making, the value of reading, and the pursuit of true happiness.
This book focuses on the idea that making money is a skill that involves knowing what to do, who to work with, and when to act.
This book emphasizes the importance of pursuing wealth, ethical wealth creation, and the role of ownership in achieving financial freedom.
The author emphasizes the importance of becoming the best in the world at what you do and the value of continuous learning.
The book also explores the concept of reputational well-being, the contrast between ownership and wage labor, and the need to control one's time for economic freedom.
-D**
Naval Ravikant is an icon of Silicon Valley and global startup culture, CEO and co-founder of AngelList, and a successful angel investor who has invested in over 100 companies, including Uber and Twitter (X).
He is a major influencer in the investment world with a huge following and influence on Twitter X.
He is also a philosopher who has captivated the world with his self-proclaimed principles for building wealth and creating long-term happiness.
What makes Nabal a figure who attracts readers and listeners around the world is not his financial success, but rather the way he shares his philosophy on life and happiness with people.
He is widely admired by people for personally demonstrating a very rare combination of success and happiness.
Naval has spent his life studying philosophy, economics, and wealth creation, and applying them to real life, demonstrating the profound impact his principles have on our lives.
To this day, Naval continues to build and invest in his own artistic company while maintaining a healthy, peaceful, and balanced life.
After appearing on the Joe Roagan Experience, the most popular podcast, to share his in-depth insights on wealth and happiness, his insightful words went viral, and he is now widely praised as "one of the greatest modern philosophers."
This book is a compilation of Nabal's wisdom and experience from the past ten years.
Naval has compiled some of his most insightful interviews and poignant reflections and shared them with us.
This book is not a manual or a step-by-step guide to learning techniques, but rather an essay and philosophy that empowers each person on their own journey to a happier and wealthier life.
Through Nabal's own words, you will learn how to walk your own unique path to a happier and more fulfilling life.
The desire to become rich and happy may seem impossible, but it is actually a skill we can learn.
So what are these skills, and how can we learn them? What principles should we strive for to learn them? What process can we follow to achieve them? Becoming wealth isn't a matter of luck.
Happiness is not something you are born with.
Naval Ravikant emphasizes that it is a skill that can be learned through practice.
** Quote from Naval Ravikant, author of the best-selling book, The Immutable Laws, by Morgan Houseld!
Chapter 4 of "The Immutable Laws": Humans, the Unknowable Being: We should not choose only the good qualities of those we envy.
We must accept their whole lives.
** Foreword by Tim Ferriss, bestselling author of "The Four Hour Workday" and "Tools of Titans"!
Nabal changed my life for the better.
If you read this book as if you were dealing with a kind and highly capable sparring partner, it will change your life.
Amazon reviews
I call Nabal the angel philosopher, and you can see why in the almanac.
Filled with unforgettable wisdom and sharp insights, this book will leave you with a sense of awakening.
-Shane Parrish, founder of Panam Street
Nabal is a source of amazing wisdom.
The problem was that I had to search all over the place to find it.
This book is the only one that captures all of Nabal's genius.
I've already read it twice and plan to reread it at least twice a year.
I can't think of a higher compliment for a book.
-Tucker Max, four-time New York Times bestselling author
Naval Ravikant is frankly a very wise man.
I'm learning a lot about business leadership, financial planning, life strategies, and the philosophy of happiness.
This generation's new Napoleon Hill combines the thinking of Ray Dalio with the thinking of Warren Buffett/Charlie Munger.
It can be said to help you create a prosperous financial future.
I highly recommend this to anyone learning how to be happy! -Nelson ***
It covers key principles such as the pursuit of wealth, ethical wealth creation, the importance of ownership, continuous learning, decision-making, the value of reading, and the pursuit of true happiness.
This book focuses on the idea that making money is a skill that involves knowing what to do, who to work with, and when to act.
This book emphasizes the importance of pursuing wealth, ethical wealth creation, and the role of ownership in achieving financial freedom.
The author emphasizes the importance of becoming the best in the world at what you do and the value of continuous learning.
The book also explores the concept of reputational well-being, the contrast between ownership and wage labor, and the need to control one's time for economic freedom.
-D**
GOODS SPECIFICS
- Date of issue: April 30, 2025
- Page count, weight, size: 240 pages | 152*225*20mm
- ISBN13: 9791163638827
- ISBN10: 116363882X
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