3min chapter

Smart Friends cover image

Naval Ravikant on How to Build Wealth

Smart Friends

CHAPTER

How to Make Money With Leverage

When it is time to move on the opportunity, you can do so with leverage. There are three broad classes of leverage: labor, capital and branne. The most important form of leverage is products that have no marginal cost of replication. Code is probably the most powerful form of permissionless leverage. All you need is a computer.

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