Naval

The Internet has massively broadened the possible space of careers, by allowing you to scale any niche obsession.

• The Internet has massively broadened the possible space of careers 0:00

• The Inter…

Society will pay you for creating what it wants, but doesn’t know how to get, and delivering it at scale.

• Give society what it wants, but doesn't know how to get—at scale 0:00

• Figure out what pro…

People living far below their means enjoy a freedom that people busy upgrading their lifestyles just can't fathom.

• People living below their means have freedom 0:00

• The most dangerous things are …

You won't get rich renting out your time, because you can't earn non-linearly.

• You won't get rich renting out your time 0:00

• Renting out your time means you're essentially replaceable 1:23

• You …

Build your character in a way so luck becomes deterministic. 

• Build your character so luck becomes your destiny 0:00

• Build your character so opportunity finds you 1:12

• You have to be a little e…

Making money isn't about luck. It's about becoming the kind of person who makes money.

• Making money isn't about luck 0:00

• Blind luck 0:46

• Luck from hustling 0:55

• Luck from preparation 1:35

• …

We're the only animals who cooperate across genetic boundaries, because we can track credits and debits in voluntary exchanges.

• Free markets are intrinsic to the human species 0:00

• Too many taker…

Wealth isn't about taking something from somebody else—it's about creating abundance for the world. 

• Ethical wealth creation makes abundance for the world 0:00

• Everyone can be wealthy 1:28 

Trans…

The difference between wealth, money and status.   

• Wealth is assets that earn while you sleep 0:56

• Money is how we transfer wealth 2:28

• Status is your rank in the social hierarchy 3:08

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