Fundamental Truths and Personal Growth:

• Truth is that which has predictive power.

• Mathematics is nature's language.

• Habits lead to continuous improvement over time.
  
  

On Reading

• Read what you love until you love to read.

• Reading is a potent form of compounding interest. 

• Reading is a meta-skill for learning.
  
  

Three Big Life Decisions (Spend Years Thinking):

1. Who you're with/who you marry.  

2. Where you live. 

3. What you do to earn a living. 

On Reality and Truth:

• Cultivate a positive attitude with clarity on reality. 

• What we wish to be true clouds our perception of what is true.

• Suffering is the moment when we can no longer deny reality.

• Cultivate speaking without identity. 

On Wealth: 

• Seek wealth from assets that earn while you sleep.

• Negative views on wealth are a self-fulfilling prophecy

• You get rich by saving your time to make money.

Specific Knowledge:

• Apply specific knowledge with leverage for wealth.

• Choose an industry with promise.

• Build through iteration and sell what you build.

• Specific knowledge is taught in apprenticeships, not schools.

• Specific knowledge cannot be outsourced or automated.

• You need passion to go the edge of specific knowledge.

• Value is a small % difference in performance due to above.

• Small advantages in judgement have exponential returns. 

• Be the obsessive in your domain of specific knowledge.

• Intelligence appears eccentric due to independent thinking.

Decision Making and Principles:

• Be present above all else and train in that skill.

• Play long-term games with long-term people.

• Embrace accountability and take calculated risks.

• Pursue sincere curiosity over passing trends.

• Avoid cynics and pessimists in partnerships.

• Eliminate what won't work, rather than what might.

• Understand the long-term consequences of key decisions.

Time, Health, and Relationships:

• Value your time, it's your most important asset.

• Focus on health: exercise, diet, sleep, meditation 

• The harder the workout, the easier the day.

• Choose long-term, positive relationships.

• Love is given, not received.

• Don't waste time on non-essential matters.

• Don't try to make others happy, focus on your own well-being.

• If you can’t work with someone for life, don’t work with them.

• Walking meetings enhance thinking, exercise, dialogue…

Wealth Formula and Economics:


• Earn with your mind, not your time.

• Prepare the mind and be sensitive to chances others miss.

• Become the best at what you do. Refine what you do until true. 

• Wealth = Income * (Return on Investment).

• Income = Accountability * Leverage * Specific Knowledge.

• Understand supply and demand.

• Grasp game theory and microeconomics.

• Know the principal-agent problem.

• All greatness comes from suffering.

• Wisdom is focusing on long-term consequences.

• When presented with immediate or delayed pain, choose former. 

• Four kinds of leverage: capital, labor, code, and media.

• Industries with low marginal cost of replication are key. 

• An army of robots is freely available, use them. 

• If you can’t code, write books and blogs, record videos and podcasts.

• Technology democratizes consumption, consolidates production. 

• The best person in the world at anything gets to do it for everyone.

• Always pay it forward. And don’t keep count.

“A happy person isn’t someone who’s happy all the time. It’s someone who effortlessly interprets events in such a way that they don’t lose their innate peace.”

- Naval Ravikant