The Almanack of @naval Ravikant

"A Guide to wealth and Happiness"

=A THREAD BY WD=

Naval Ravikant is an entrepreneur, philosopher, and investor who has captivated the world with his principles for building wealth and creating long-term happiness.

The Almanack of Naval Ravikant is a collection of Naval wisdom and experience from the last ten years.
Through Naval's own words, you will learn how to walk your own unique path toward a happier, wealthier life.

Below are my five favorite big ideas from the book:
1. Build Wealth

Seek wealth not money.

Money isn’t wealth, it’s how you transfer wealth. It’s a tool.
Wealth is assets earning you money. Investments, factories, robots, software, and computer programs that all earn you money while you sleep.
You will not get rich by renting out your time.

To gain financial freedom, you must own equity—a piece of a business.

Give society what it wants but does not yet know how to get at scale.

https://t.co/xCDwrD9zJs
2. Build Judgment

If wisdom is the knowledge behind the long-term consequences of your actions, judgment is the knowledge to make the right decision to capitalize on those actions.

In the age of leverage, one correct decision can win everything.

Judgment is underrated.
The people with the best judgment are among the least emotional

https://t.co/tzY2JRapUd
3. Be Accountable

To get rich, you need leverage
To get leverage, you need labor and capital
To get labor and capital somebody has to follow you and somebody has to give you money assets to manage or machines
To get people to follow you and give you capital, you need credibility
- Without accountability, you don’t have incentives.

- Without accountability, you can’t build credibility.

https://t.co/spOq1rrDtX
4. Learn to Love to Read

To build specific knowledge, read what you love until you love to read.

What’s Specific knowledge? Something you don’t consider a skill, but something people around you notice.

Read this for more clarification:
https://t.co/A9qQOEHtTh
“I probably read 1-2 hours a day, and that puts me in the top .00001%."

@naval
5. Understand Happiness is a Choice

Happiness is the absence of desire.

In any situation in life, you always have three choices:

1️⃣ you can change it,
2️⃣ you can accept it,
3️⃣ you can leave it.

If you want to change it, then it is a desire.
To avoid distraction, pick one desire in your life at a time to give yourself purpose and motivation.

https://t.co/y9ET2Jk83S
You never really understand a person until you consider things from his point of view.

There is no excuse for not picking this book up. There is something in it for everyone, and it's worth reflecting over.
"Naval is broadly followed because he is a rare combination of successful and happy. After a lifetime of study and application of philosophy, economics, and wealth creation, he has proven the impact of his principles."

— Eric Jorgenson
🔸If you liked this, RT the first tweet of the thread so more people can see it.

🔸If you don't follow me, please follow (@wealth_director) to see more content like this in the future.

https://t.co/b7pNYRzwtK

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Harvard's discriminatory policies are becoming increasingly well known, across the political spectrum (see, e.g., the recent lawsuit on discrimination against East Asian applications.)

It's refreshing to hear a senior administrator admits to personally opposing policies that attempt to remedy these basic flaws. These are flaws that harm his institution's ability to do cutting-edge research and to serve the public.

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IMPORTANCE, ADVANTAGES AND CHARACTERISTICS OF BHAGWAT PURAN

It was Ved Vyas who edited the eighteen thousand shlokas of Bhagwat. This book destroys all your sins. It has twelve parts which are like kalpvraksh.

In the first skandh, the importance of Vedvyas


and characters of Pandavas are described by the dialogues between Suutji and Shaunakji. Then there is the story of Parikshit.
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Next is the portrayal of Vidur and his dialogue with Maitreyji. Then there is a mention of Creation of universe by Brahma and the preachings of Sankhya by Kapil Muni.


In the next section we find the portrayal of Sati, Dhruv, Pruthu, and the story of ancient King, Bahirshi.
In the next section we find the character of King Priyavrat and his sons, different types of loks in this universe, and description of Narak. ( https://t.co/gmDTkLktKS )


In the sixth part we find the portrayal of Ajaamil ( https://t.co/LdVSSNspa2 ), Daksh and the birth of Marudgans( https://t.co/tecNidVckj )

In the seventh section we find the story of Prahlad and the description of Varnashram dharma. This section is based on karma vaasna.
The UN just voted to condemn Israel 9 times, and the rest of the world 0.

View the resolutions and voting results here:

The resolution titled "The occupied Syrian Golan," which condemns Israel for "repressive measures" against Syrian citizens in the Golan Heights, was adopted by a vote of 151 - 2 - 14.

Israel and the U.S. voted 'No'
https://t.co/HoO7oz0dwr


The resolution titled "Israeli practices affecting the human rights of the Palestinian people..." was adopted by a vote of 153 - 6 - 9.

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The resolution titled "Israeli settlements in the Occupied Palestinian Territory, including East Jerusalem, and the occupied Syrian Golan" was adopted by a vote of 153 – 5 – 10.

Canada, Israel, Marshall Islands, Micronesia, and the U.S. voted 'No'
https://t.co/REumYgyRuF


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