This chapter explores the concept of wealth and how it is distinct from money and status. It highlights the importance of assets that generate passive income and the freedom of time that comes with wealth, while cautioning against seeking validation from status alone. The speaker shares personal insights on happiness, ethical wealth creation, and the necessity of owning equity for financial freedom.
Episode 101: I’m going to be reading quite possibly the most viral twitter thread in the world of business ever. In 2018, Naval Ravikant, wrote “How to Get Rich (Without Getting Lucky),” a 40-tweet thread that covers everything from what wealth is & what it isn’t to the power of leverage to finding your specific knowledge to the power of optimism. For those who don’t know him, Naval is the founder of AngelList as well as a prolific angel investor and writer. I’m going to read tweet by tweet, stop and analyze a select few that struck me as particularly interesting & then continue on with the thread.
Full thread: https://twitter.com/naval/status/1002103360646823936
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