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The Tim Ferriss Show
#473: Naval Ravikant on Happiness, Reducing Anxiety, Crypto Stablecoins, and Crypto Strategy
Oct 15, 2020
02:01:35
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Quick takeaways
- The ability to be calm while going about your business is a superpower that can lead to effectiveness and success.
- Taking responsibility for your own happiness and peace of mind is crucial for a fulfilling life.
- Engaging in practices such as reading philosophy and being aware of your thoughts can lead to self-examination and a better understanding of oneself.
- Self-awareness is crucial in avoiding self-deception and being honest with oneself, allowing us to consciously choose which game to play and when to stop playing.
- True freedom lies in finding contentment within oneself, focusing on self-awareness and understanding what truly brings us joy and fulfillment.
Deep dives
The Superpower of Being Calm
The ability to be calm while going about your business is a superpower that can lead to effectiveness and success.
Taking Responsibility for Happiness
Taking responsibility for your own happiness and peace of mind is crucial for a fulfilling life.
The Role of Anxiety
Anxiety is a natural part of being human, but excessive anxiety can hinder effectiveness and happiness.
The Practice of Self-Examination
Engaging in practices such as reading philosophy and being aware of your thoughts can lead to self-examination and a better understanding of oneself.
The importance of self-awareness and self-reflection
Self-awareness is crucial in avoiding self-deception and being honest with oneself. Recognizing our own biases, weaknesses, and desires allows us to make conscious choices and not get caught up in endless games. By being self-aware, we can consciously choose which game to play and when to stop playing, preventing ourselves from getting trapped in never-ending cycles. The first principle is to not fool ourselves, as we are often the easiest person to deceive.
Choosing the games we play
Life is full of various games, such as family, career, relationships, and achievements. It is important to carefully choose the games we engage in and set our own definitions of winning. Once we have achieved our goals or no longer find fulfillment in a particular game, it is crucial to recognize when to let go and be free of it. Continuously striving for more without evaluating our true desires can lead to perpetual dissatisfaction and anxiety.
The pursuit of self-contentment
True freedom lies in finding contentment within oneself. It requires being mindful of external influences and expectations that can drive us to constantly seek validation and achievements. By focusing on self-awareness and understanding what truly brings us joy and fulfillment, we can break free from the societal pressures and redefine our own measures of success. The goal is to cultivate a state of inner peace, where we no longer rely on external factors for happiness and are content with who we are.
The Potential of Bitcoin as a Currency and Store of Value
Bitcoin is seen as both a currency and a store of value. It operates based on a consensus belief and a story that hold the value together. While it has its risks and challenges, the validation and adoption by influential investors like Paul Tudor Jones and MicroStrategy lend more credibility and attract more believers. As more people join the network and as institutional investors show interest, the value of Bitcoin is expected to increase. However, growth may not occur in a linear fashion, with ups and downs expected along the way.
The Importance of Long-term Thinking and Intrinsic Activities
Long-term thinking is crucial for success and happiness in life. Choosing long-term goals and activities, such as meditation, yoga, art, and reading for pleasure, can provide intrinsic fulfillment and joy. Being self-aware, examining one's thoughts, and avoiding fooling oneself can lead to a more fulfilled life. Adopting a mindset of enjoying the present moment while being detached from external outcomes can bring true happiness. It is essential to find a balance between being in the world and cultivating self-awareness to navigate life successfully.
5.
The Difference Between Knowing the Name of Something and Knowing Somethingat Words
4min
22.
How Do You Buy an Apartment or Pay Your Rent or Anything Like That With Crypto?
5min
29.
Finite Ind Infinite Games by James Carss - A Quote That Really Makes Me Think of You
7min
Naval Ravikant (@naval) is the co-founder and chairman of AngelList. He is an angel investor and has invested in more than 100 companies, including many mega-successes such as Twitter, Uber, Notion, OpenDoor, Postmates, and Wish. You can subscribe to Naval, his podcast on wealth and happiness, on Apple Podcasts, Spotify, Overcast, or wherever you get your podcasts. You can also find his blog at nav.al.
For more Naval plus Tim, check out my wildly popular interview with him from 2015, which was nominated for “Podcast of the Year.”
Please enjoy!
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Past guests on The Tim Ferriss Show include Jerry Seinfeld, Hugh Jackman, Dr. Jane Goodall, LeBron James, Kevin Hart, Doris Kearns Goodwin, Jamie Foxx, Matthew McConaughey, Esther Perel, Elizabeth Gilbert, Terry Crews, Sia, Yuval Noah Harari, Malcolm Gladwell, Madeleine Albright, Cheryl Strayed, Jim Collins, Mary Karr, Maria Popova, Sam Harris, Michael Phelps, Bob Iger, Edward Norton, Arnold Schwarzenegger, Neil Strauss, Ken Burns, Maria Sharapova, Marc Andreessen, Neil Gaiman, Neil de Grasse Tyson, Jocko Willink, Daniel Ek, Kelly Slater, Dr. Peter Attia, Seth Godin, Howard Marks, Dr. Brené Brown, Eric Schmidt, Michael Lewis, Joe Gebbia, Michael Pollan, Dr. Jordan Peterson, Vince Vaughn, Brian Koppelman, Ramit Sethi, Dax Shepard, Tony Robbins, Jim Dethmer, Dan Harris, Ray Dalio, Naval Ravikant, Vitalik Buterin, Elizabeth Lesser, Amanda Palmer, Katie Haun, Sir Richard Branson, Chuck Palahniuk, Arianna Huffington, Reid Hoffman, Bill Burr, Whitney Cummings, Rick Rubin, Dr. Vivek Murthy, Darren Aronofsky, and many more.
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