5min chapter

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How to Get Rich: Every Episode

Naval

CHAPTER

Leverage Is Critical

Leverage comes from capital, people and products with no marginal cost of replication. Capital is a trickier form of leverage to use; it's the one that people have used to get fabulously wealthy in the last century. Management skills from a hundred years ago might still apply to day, but investing in the stock market pobly don't apply today. If you can manage more capital at better rates than anybody else, you're going to get very handsomely paid for it.

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