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#18 Eric Jorgenson: The Almanack of Naval Ravikant

Investing by the Books

CHAPTER

Is There a Difference Between Money and Wealth?

i think it is a good job of saying, like, there's a difference between money and wealth. When you trade your time for money, you aren't creating wealth. Wealth is having assets that earn while you sleep. Compounding and growing those is a very different game from just making your number go updand going directly into savings. Those are extremely different games. And changing your mind sad to realize the game that you're playing and figure out sort of the nature of it, is an incredibly important first step. I'm glad naval sort of dropp that in there, cause i think that's probably a lot of people's sticking point that's just buried deep enough tht they have

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