Almanack of Naval Ravikant

Happiness is there when you remove the sense of something missing in your life. 

Honesty is a core, core, core value. By honesty, I mean I want to be able to just be me. I never want to be in an environment or around people where I have to watch what I say. 

Fortunes require leverage. Business leverage comes from capital, people, and products with no marginal cost of replication (code and media). 

If you have two choices to make, and they're relatively equal choices, take the path more difficult and more painful in the short term. 

Happiness to me is mainly not suffering, not desiring, not thinking too much about the future or the past, really embracing the present moment and the reality of what is, and the way it is. 

Especially in business, if something isn't going well, I try to acknowledge it publicly and I try to acknowledge it publicly in front of my co-founders and friends and co-workers. Then, I'm not hiding it from anybody else. If I'm not hiding it from anybody, I'm not going to delude myself from what's actually going on.

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. 

"Escape competition through authenticity." Basically, when you're competing with people, it's because you're copying them. It's because you're trying to do the same thing. But every human is different. Don't copy. The most important skill for getting rich is becoming a perpetual learner. You have to know how to learn anything you want to learn... See more

Value your time at an hourly rate, and ruthlessly spend to save time at that rate. You will never be worth more you than think you're worth.