Quotes
Selected quotes from Naval Ravikant.
On Wealth
“Seek wealth, not money or status. Wealth is having assets that earn while you sleep.”
“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.”
“Forget about becoming rich. Become the kind of person who creates wealth.”
“Money is how we transfer wealth. Money is a good thing, because it lets us redistribute wealth.”
“Earn with your mind, not your time.”
“To get rich, you need leverage. Business leverage comes from capital, people, and products with no marginal cost of replication.”
“Society will pay you for creating what it wants. If society already knows how to create it, it won't need you.”
On Happiness
“Happiness is the state when nothing is missing. When nothing is missing, your mind shuts down and stops running into the past or the future.”
“Desire is a contract you make with yourself to be unhappy until you get what you want.”
“Every positive thought essentially holds within it a stronger negative thought. The only way to be truly happy is to be present.”
“A peaceful mind, a fit body, a house full of love. These things cannot be bought. They must be earned.”
“The three big ones in life are wealth, health, and happiness. We chase them in that order, but their importance is reversed.”
“A calm mind, a fit body, a house full of love. That's what I want. That's what I work for.”
On Reading
“Reading is the ultimate meta-skill and can be traded for any other.”
“Read what you love until you love to read.”
“I don't want to read everything. I just want to read the 100 great books and read them over and over.”
“It's not about how many books you read. It's about deeply understanding foundational ideas.”
“The means of learning are abundant — it's the desire to learn that is scarce.”
“Reading (learning) is the ultimate meta-skill.”
On Technology & Leverage
“Code and media are permissionless leverage. They're the leverage behind the newly rich.”
“Robots are already taking all the jobs. We just call them software and algorithms.”
“The most interesting products in the world are the ones that don't require permission to replicate.”
“Software and media are permissionless leverage. You can create products that work for you while you sleep.”
On Life
“If you can't decide, the answer is no.”
“Play long-term games with long-term people.”
“Life is a single-player game. You're born alone. You're going to die alone. All of your interpretations are alone.”
“A life of freedom and happiness is a life where you can choose what to do with your time.”
“You have two choices in life: you can either pick the freedom path or the status path.”
“The most important thing in life is to figure out what you love and then find a way to spend your life doing it.”
“Impatience with actions, patience with results.”