{"id":6125,"date":"2022-04-25T11:56:00","date_gmt":"2022-04-25T03:56:00","guid":{"rendered":"https:\/\/www.granitefirm.com\/blog\/us\/?p=6125"},"modified":"2025-07-05T09:01:50","modified_gmt":"2025-07-05T01:01:50","slug":"the-almanack-of-naval-ravikant","status":"publish","type":"post","link":"https:\/\/www.granitefirm.com\/blog\/us\/2022\/04\/25\/the-almanack-of-naval-ravikant\/","title":{"rendered":"An excellent book for career and life- The Almanack of Naval Ravikant"},"content":{"rendered":"\n<p>I recently read &#8220;<a href=\"https:\/\/www.amazon.com\/Almanack-Naval-Ravikant-Wealth-Happiness\/dp\/1544514220\" target=\"_blank\" rel=\"noreferrer noopener\">The Almanack of Naval Ravikant<\/a>&#8221; and I recommend it to everyone. This is a book about the venture capital AngelList CEO Naval Ravikant&#8217;s own writings on wealth, philosophy, and investing.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #ffffff;color:#ffffff\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #ffffff;color:#ffffff\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/04\/25\/the-almanack-of-naval-ravikant\/#There_is_a_way_to_succeed\" >There is a way to succeed<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/04\/25\/the-almanack-of-naval-ravikant\/#Time_and_compound_interest\" >Time and compound interest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/04\/25\/the-almanack-of-naval-ravikant\/#Productize_yourself_the_core_of_Almanack_of_Naval_Ravikant\" >Productize yourself, the core of Almanack of Naval Ravikant<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/04\/25\/the-almanack-of-naval-ravikant\/#About_thinking\" >About thinking<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/04\/25\/the-almanack-of-naval-ravikant\/#Happiness_and_success\" >Happiness and success<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/04\/25\/the-almanack-of-naval-ravikant\/#Outlook_on_life\" >Outlook on life<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/04\/25\/the-almanack-of-naval-ravikant\/#Further_reading_for_The_Almanack_of_Naval_Ravikant\" >Further reading for The Almanack of Naval Ravikant<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/04\/25\/the-almanack-of-naval-ravikant\/#Postscript\" >Postscript<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/04\/25\/the-almanack-of-naval-ravikant\/#Related_articles\" >Related articles<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"There_is_a_way_to_succeed\"><\/span><strong>There is a way to succeed<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Laviken is still young, and many of his ideas are very advanced and fit the pulse of contemporary society. If you really think through and practice what Laviken says in the book, it will work for most people. After reading this book, I can&#8217;t help but recall of several books that I have read that have far-reaching influence like For example, books like &#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/05\/rich-dad-poor-dad\/\" target=\"_blank\" rel=\"noreferrer noopener\">Rich Dad, Poor Dad<\/a>&#8221; and &#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/05\/secrets-of-the-millionaire-mind\/\" target=\"_blank\" rel=\"noreferrer noopener\">Secrets of the Millionaire Mind<\/a>&#8221; that I wrote on this blog. <\/p>\n\n\n\n<p>This is also what I have always believed, there is no 100% formula for success to follow, but there are ways. The principles that the characters in these books have lived through, proven to work, and do prove to be doable are the methods of success.<\/p>\n\n\n\n<p class=\"has-medium-font-size\"><strong>Accumulate wealth instead of making money<\/strong><\/p>\n\n\n\n<p>&#8220;A high salary doesn&#8217;t make you rich, intellectual property does.&#8221; Those who really make a lot of money own a part of a product, business, or intellectual property. Real wealth is usually created by starting your own business or by investing as a minority shareholder in a company. If you don&#8217;t have a business of your own, there is no path to financial freedom. Because &#8220;you can&#8217;t get rich by renting out your time cheaply.&#8221; You have to have intellectual property rights, your own business, or some equity.<\/p>\n\n\n\n<p>&#8220;Pursue wealth, not money or status&#8221;. Wealth is an asset that still makes money while you sleep. Money is just a means of converting time and wealth. Status is where you are in the social class system. Making money isn&#8217;t a thing to do\u2014it&#8217;s a skill to learn.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Time_and_compound_interest\"><\/span><strong>Time and compound interest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Whether it&#8217;s wealth, relationships, or knowledge, &#8220;all the rewards you get in life come from compounding.&#8221; Make money with your head, not your time. You can never get rich by renting out your time. You can&#8217;t get rich by spending time saving money, but you can get rich by saving your time.<\/p>\n\n\n\n<p>\u201cPeople who are too smart don\u2019t get rich because someone will always give you a good enough job.\u201d \u201cWe waste time short-term thinking and busy work. Buffett spends a year making decisions , act in one day. Do it for decades.&#8221; Act fast and be patient with results. The wealth of the last generation was created by leveraging capital, such as Buffett. But not in this day and age.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Productize_yourself_the_core_of_Almanack_of_Naval_Ravikant\"><\/span><strong>Productize yourself<\/strong>, the core of Almanack of Naval Ravikant<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Capital and labor are levers that require permission to use. Everyone is chasing capital, but someone has to pay. Everyone wants to lead others, but someone has to be a subordinate.<\/p>\n\n\n\n<p>One of the most important things I get from &#8220;The Almanack of Naval Ravikant&#8221; is &#8211; Products or services with zero marginal cost are brand new levers, including books, media, movies, and software; software is the most powerful, you only need a computer, and you don\u2019t need permission from anyone. <\/p>\n\n\n\n<p>Keep in mind &#8212; you don&#8217;t need other people to help or provide you with funds to multiply your efforts. Writing programs, writing books, recording podcasts, tweeting, sharing videos on YouTube, you don\u2019t need permission to use them. This is the reason why the new type of leverage is equal, and everyone can use it. They can make money for you while you sleep &#8212; this is the fundamental difference from other similar books wrote decads ago, and is why I highly recommend &#8220;The Almanack of Naval Ravikant&#8221;.<\/p>\n\n\n\n<p>The Internet has greatly broadened the possibilities for careers; but most people don&#8217;t yet understand this.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_thinking\"><\/span><strong>About thinking<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Your feelings don&#8217;t tell the truth &#8212; they just tell you some estimates of the truth. Almost all biases are time-saving inspirations. For important decisions, let go of memory and identity and focus on the problem. Very smart people are often extraordinary because they insist on thinking about everything on their own.<\/p>\n\n\n\n<p>The more you know, the less diversity you have (note: he means not having to dance with the crowd).<\/p>\n\n\n\n<p>Ignore that noise. The market will decide.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Happiness_and_success\"><\/span>H<strong>appiness and success<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Happiness comes from contentment. Success comes from dissatisfaction and choice. Grind and sweat, toil and bleed, face the abyss. It&#8217;s all about overnight fame.<\/p>\n\n\n\n<p>Bryce Pascal: &#8220;Everyone&#8217;s trouble comes because he can&#8217;t sit quietly in the room alone.&#8221; (Note: Charlie Munger had the same saying) Yes, you are successful.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Outlook_on_life\"><\/span><strong>Outlook on life<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>If you can&#8217;t see you work with someone your whole life, don&#8217;t work with them for even a day. Advice for your younger self: &#8220;Be yourself.&#8221; If you want to do something later, do it now. No later. Inspiration is fleeting \u2013- act immediately. The hardest part is not doing what you want to do &#8212; it is knowing what you want to do.<\/p>\n\n\n\n<p>Holding back means spending years in bad relationships and bad jobs, not minutes. Courage is not rushing into a machine gun nest. Courage is not caring what others think.<\/p>\n\n\n\n<p>Health, love and your mission, in that order, nothing else matters.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"101\" height=\"151\" src=\"https:\/\/www.granitefirm.com\/blog\/us\/wp-content\/uploads\/sites\/2\/2022\/09\/n.jpg\" alt=\"The Almanack of Naval Ravikant\" class=\"wp-image-13462\"\/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Further_reading_for_The_Almanack_of_Naval_Ravikant\"><\/span><strong>Further reading<\/strong> for The Almanack of Naval Ravikant<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>If friends are against Naval. If Laviken&#8217;s book is of interest, see Naval. Laviken&#8217;s excellent interview article &#8220;<a href=\"https:\/\/nav.al\/rich\" target=\"_blank\" rel=\"noreferrer noopener\">How to Get Rich<\/a>&#8221; published on his website, thanks to a friend who is a venture capitalist, Mr. Jacky Pan, for his enthusiastic recommendation.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Postscript\"><\/span>Postscript <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Naval Ravikant said: \u201cIt almost doesn\u2019t matter what you read,\u201d says investor Naval Ravikant. \u201cEventually, you will read enough things (and your interests will lead you there) that it will dramatically improve your life. Just like the best workout for you is one you\u2019re excited enough to do every day, I would say for books, blogs, tweets, or whatever \u2014 anything with ideas and information and learning \u2014 the best ones to read are the ones you\u2019re excited about reading all the time.\u201d<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Related_articles\"><\/span>Related articles<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/03\/30\/problematic-personality\/\">Stay away from people problematic personality<\/a>&#8220;<\/li>\n\n\n\n<li><a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/07\/04\/tools-of-titans\/\">&#8220;Tools of Titans&#8221;<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/05\/23\/the-fog-of-war\/\">&#8220;The Fog of War&#8221;<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/05\/07\/die-kunst-des-klaren-denkens\/\">&#8220;Die Kunst des klaren Denkens&#8221;<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/03\/26\/titan-john-d-rockefeller\/\">&#8220;Titan: The Life of John D. Rockefeller, SR.&#8221;<\/a><\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/08\/25\/richer-wiser-happier\/\" target=\"_blank\" rel=\"noreferrer noopener\">Richer, Wiser, Happier<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/11\/13\/the-millionaire-fastlane\/\" target=\"_blank\" rel=\"noreferrer noopener\">Unconventional &#8220;The Millionaire Fastlane&#8221;<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/05\/30\/secrets-of-the-millionaire-mind\/\" target=\"_blank\" rel=\"noreferrer noopener\">Secrets of the Millionaire Mind<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/08\/27\/love-your-job-reputation\/\" target=\"_blank\" rel=\"noreferrer noopener\">Protect your reputation and love your job<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/08\/15\/dream-big-and-win\/\" target=\"_blank\" rel=\"noreferrer noopener\">You can &#8220;Dream big and Win&#8221; also<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/05\/27\/rich-dad-poor-dad\/\" target=\"_blank\" rel=\"noreferrer noopener\">Rich dad, poor dad<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/12\/01\/psychology-of-money\/\" target=\"_blank\" rel=\"noreferrer noopener\">The Psychology of Money<\/a>&#8220;<\/li>\n\n\n\n<li><a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/03\/18\/same-as-ever\/\">&#8220;Same As Ever&#8221;<\/a><\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/04\/25\/the-almanack-of-naval-ravikant\/\" target=\"_blank\" rel=\"noreferrer noopener\">An excellent book for career and life- The Almanack of Naval Ravikant<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/02\/15\/paul-gettys-how-to-be-rich\/\">Paul Getty&#8217;s &#8220;How to be rich&#8221;, by the world&#8217;s richest man in the mid-20th century<\/a>&#8220;<\/li>\n<\/ul>\n\n\n\n<p><em><strong>Disclaimer<\/strong><\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em>The content of this site is the author\u2019s personal opinions and is for reference only. I am not responsible for the correctness, opinions, and immediacy of the content and information of the article. Readers must make their own judgments.<\/em><\/li>\n\n\n\n<li><em>I shall not be liable for any damages or other legal liabilities for the direct or indirect losses caused by the readers&#8217; direct or indirect reliance on and reference to the information on this site, or all the responsibilities arising therefrom, as a result of any investment behavior.<\/em><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Almanack of Naval Ravikant is a book about the venture capital AngelList CEO Naval Ravikant&#8217;s own writings on wealth, philosophy, and investing.<\/p>\n","protected":false},"author":1,"featured_media":13462,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1420,65,15,8,1500,83,1499,85,11],"tags":[],"class_list":["post-6125","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-other-books","category-business-books","category-charlie-munger","category-investing-books","category-spirit-of-happiness","category-startup","category-the-meaning-of-life","category-venture-capital","category-buffett"],"_links":{"self":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/6125","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/comments?post=6125"}],"version-history":[{"count":38,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/6125\/revisions"}],"predecessor-version":[{"id":37152,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/6125\/revisions\/37152"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/media\/13462"}],"wp:attachment":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/media?parent=6125"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/categories?post=6125"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/tags?post=6125"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}