1 hr 22 min
65: Seek Wealth, Not Money or Status. The Almanack of Naval Ravikant by Eric Jorgenson Made You Think
-
- Society & Culture
“My old definition was "freedom to." Freedom to do anything I want. Freedom to do whatever I feel like, whenever I feel like. Now, the freedom I'm looking for is internal freedom. It's “freedom from." Freedom from reaction. Freedom from feeling angry. Freedom from being sad. Freedom from being forced to do things. I'm looking for "freedom from," internally and externally, whereas before I was looking for “freedom to."
On this episode of Made You Think, Nat and Neil discuss The Almanack of Naval Ravikant by Eric Jorgenson, Jack Butcher, and Tim Ferriss. This book contains insights to wealth and happiness according to investor and entrepreneur, Naval Ravikant. From Naval's podcasts and essays to tweets and interviews, his collection of wisdom is put into one piece of writing, sparking great conversations and discussions from Nat and Neil (and tangents of course!)
We cover a wide range of topics including:
The relationship between wealth and happiness How Naval frames the idea of mental peace Why tools and technology are essential in leveraging the online space Differences between being a contrarian and a conformist Angel investors vs. early investors And much more. Please enjoy, and make sure to follow Nat and Neil on Twitter to hear which book will be the topic of the next episode!
Links from the episode
Mentioned in the show
Angel List (1:50) Product Hunt (5:27) Social Capital in Silicon Valley (8:08) Honeycomb Credit (10:14) Aurochs Brewing (10:39) Facebook Bitcoin Ads and Scams (12:44) Happiness and Income(17:30) Growth Machine (31:56) The Systems Mindset (34:57) Effortless Output in Roam (38:16) Forte Labs (39:36) Open Innovation Leads (42:41) Books mentioned
The Tower (20:00) (Book Episode) In Praise of Idleness (1:11:10) (Nat’s Book Notes) (Book Episode) Finite and Infinite Games (1:15:08) (Nat's Book Notes) (Book Episode) Denial of Death (1:15:23) (Nat's Book Notes) (Book Episode) Way of Zen (1:15:29) (Nat's Book Notes) (Neil's Book Notes) (Book Episode) Letter From a Stoic (1:15:35)(Nat's Book Notes) (Book Episode) Psychology of Human Misjudgments (1:15:47) (Book Episode) People mentioned
James Altucher (12:44) Dave Chapelle (21:40) Show notes
0:34 - Today, Nat and Neil are discussing The Almanack of Naval Ravikant by Eric Jorgenson, Jack Butcher, and Tim Ferriss. This book is based off of interviews, podcasts, tweets, and other content from Naval Ravikant, exploring his worldview and how he perceives different ideas such as wealth and happiness.
Additionally, Naval is a well-known investor and former CEO of AngelList.
5:51 - Angel investors vs. early investors. The reasons why someone may choose to invest early in a growing company, with one of those reasons often being to increase your social capital.
10:15 - Small business crowdfunding. How a brewing company in Pennsylvania leverages their customers and local community.
12:20 - Naval was also into cryptocurrency, and co-founded a cryptocurrency hedge fund with his brother, Kamal. He's what they call a Twitter philosopher, and is able to provide timeless wisdom into small packages that resonates with a lot of people.
16:50 - “Let's get you rich first. I'm very practical about it because, you know, Buddha was a prince. He started off really rich, then he got to go off in the woods.”
Is there a link between increased wealth and happiness?
Wealth first, so you can have the freedom to say ‘no’ to things that don’t make you happy, and from there you can build a happier life.
22:01 - “To me, the real winners are the ones who step out of the game entirely, who don't even play the game, who rise above it. Those are the people who have such internal mental and self-control and self-awareness, they need nothing from anybody else.”
Money and fame. It’s hard to say no to money, and at what point do you say no to something? Examples of public figures who have stepped out of the public eye.
24:59 - Earlier in Naval’
“My old definition was "freedom to." Freedom to do anything I want. Freedom to do whatever I feel like, whenever I feel like. Now, the freedom I'm looking for is internal freedom. It's “freedom from." Freedom from reaction. Freedom from feeling angry. Freedom from being sad. Freedom from being forced to do things. I'm looking for "freedom from," internally and externally, whereas before I was looking for “freedom to."
On this episode of Made You Think, Nat and Neil discuss The Almanack of Naval Ravikant by Eric Jorgenson, Jack Butcher, and Tim Ferriss. This book contains insights to wealth and happiness according to investor and entrepreneur, Naval Ravikant. From Naval's podcasts and essays to tweets and interviews, his collection of wisdom is put into one piece of writing, sparking great conversations and discussions from Nat and Neil (and tangents of course!)
We cover a wide range of topics including:
The relationship between wealth and happiness How Naval frames the idea of mental peace Why tools and technology are essential in leveraging the online space Differences between being a contrarian and a conformist Angel investors vs. early investors And much more. Please enjoy, and make sure to follow Nat and Neil on Twitter to hear which book will be the topic of the next episode!
Links from the episode
Mentioned in the show
Angel List (1:50) Product Hunt (5:27) Social Capital in Silicon Valley (8:08) Honeycomb Credit (10:14) Aurochs Brewing (10:39) Facebook Bitcoin Ads and Scams (12:44) Happiness and Income(17:30) Growth Machine (31:56) The Systems Mindset (34:57) Effortless Output in Roam (38:16) Forte Labs (39:36) Open Innovation Leads (42:41) Books mentioned
The Tower (20:00) (Book Episode) In Praise of Idleness (1:11:10) (Nat’s Book Notes) (Book Episode) Finite and Infinite Games (1:15:08) (Nat's Book Notes) (Book Episode) Denial of Death (1:15:23) (Nat's Book Notes) (Book Episode) Way of Zen (1:15:29) (Nat's Book Notes) (Neil's Book Notes) (Book Episode) Letter From a Stoic (1:15:35)(Nat's Book Notes) (Book Episode) Psychology of Human Misjudgments (1:15:47) (Book Episode) People mentioned
James Altucher (12:44) Dave Chapelle (21:40) Show notes
0:34 - Today, Nat and Neil are discussing The Almanack of Naval Ravikant by Eric Jorgenson, Jack Butcher, and Tim Ferriss. This book is based off of interviews, podcasts, tweets, and other content from Naval Ravikant, exploring his worldview and how he perceives different ideas such as wealth and happiness.
Additionally, Naval is a well-known investor and former CEO of AngelList.
5:51 - Angel investors vs. early investors. The reasons why someone may choose to invest early in a growing company, with one of those reasons often being to increase your social capital.
10:15 - Small business crowdfunding. How a brewing company in Pennsylvania leverages their customers and local community.
12:20 - Naval was also into cryptocurrency, and co-founded a cryptocurrency hedge fund with his brother, Kamal. He's what they call a Twitter philosopher, and is able to provide timeless wisdom into small packages that resonates with a lot of people.
16:50 - “Let's get you rich first. I'm very practical about it because, you know, Buddha was a prince. He started off really rich, then he got to go off in the woods.”
Is there a link between increased wealth and happiness?
Wealth first, so you can have the freedom to say ‘no’ to things that don’t make you happy, and from there you can build a happier life.
22:01 - “To me, the real winners are the ones who step out of the game entirely, who don't even play the game, who rise above it. Those are the people who have such internal mental and self-control and self-awareness, they need nothing from anybody else.”
Money and fame. It’s hard to say no to money, and at what point do you say no to something? Examples of public figures who have stepped out of the public eye.
24:59 - Earlier in Naval’
1 hr 22 min