By ofwisdomowl This is the second post on Naval Ravikant. If you have not seen the one about his favourite books, I’d suggest to start here “Naval Ravikant’s favourite books & blogs”
If you want to know more about Naval:
- Naval’s Twitter
- With Joe Rogan
- With Tim Ferris
- Have a read at this great book “The Almanack of Naval Ravikant” (Kindle Version) by Eric Jorgensen.
- Have a look at my posts on “Naval’s Favourite Books and Blogs” and “Best Naval Quotes.
Below you will find Naval’s formulas and life rules. This is a great way to keep his life lessons top of mind.
Content below is 100% by Naval himself and compiled by Eric Jorgenson
Naval’s Life Formulas I (2008)*
- “These are notes to myself. Your frame of reference, and therefore your calculations, may vary. These are not definitions—these are algorithms for success. Contributions are welcome.
- Happiness = Health + Wealth + Good Relationships
- Health = Exercise + Diet + Sleep
- Exercise = High Intensity Resistance Training + Sports + Rest
- Diet = Natural Foods + Intermittent Fasting + Plants
- Sleep = No alarms + 8–9 hours + Circadian rhythms
- Wealth = Income + Wealth * (Return on Investment)
- Income = Accountability + Leverage + Specific Knowledge
- Accountability = Personal Branding + Personal Platform + Taking Risk?
- Leverage = Capital + People + Intellectual Property
- Specific Knowledge = Knowing how to do something society cannot yet easily train other people to do
- Return on Investment = “Buy-and-Hold” + Valuation + Margin of Safety ”
Naval’s Rules (2016)*
- “Be present above all else.
- Anger is a hot coal you hold in your hand while waiting to throw it at someone else. (Buddha)
- If you can’t see yourself working with someone for life, don’t work with them for a day.
- All the real benefits in life come from compound interest.
- Earn with your mind, not your time.
- 99 percent of all effort is wasted.
- Watch every thought. (Ask “Why am I having this thought?”)
- All greatness comes from suffering.
- Love is given, not received.
- Enlightenment is the space between your thoughts. (Eckhart Tolle)
- Mathematics is the language of nature.
- Every moment has to be complete in and of itself.*
Excerpts from: The Almanack of Naval Ravikant by Eric Jorgenson