This post is part of the 📖 The Almanack of Naval Ravikant series.


Today, I am reading Shed Your Identity to See Reality section of the Wealth: How to get rich without getting lucky chapter from the book, The Almanack of Naval Ravikant: A Guide to Wealth and Happiness written by Author, Jack Butcher.

TL;DR! 💬

Getting rich is not just about luck; happiness is not just a trait we are born with. These aspirations may seem out of reach, but building wealth and being happy are skills we can learn.

So what are these skills, and how do we learn them? What are the principles that should guide our efforts? What does progress really look like?

The Book The Almanack of Naval Ravikant: A Guide to Wealth and Happiness is a collection of Naval’s wisdom and experience from the last ten years, shared as a curation of his most insightful interviews and poignant reflections.


Yesterday, I read Building Judgement section from the Wealth: How to get rich without getting lucky chapter.

Part I

Wealth: How to get rich without getting lucky

Shed Your Identity to See Reality

“Tension is who you think you should be. Relaxation is who you are.” —Buddhist saying.

We interpret anything new through our ego: “How do I change the external world to make it more how I would like it to be?”

You absolutely need habits to function. You cannot solve every problem in life as if it is the first time it’s thrown at you.

Learn the Skills of Decision-Making

“You should never, ever fool anybody, and you are the easiest person to fool.” - Richard Feynman.

Make decisions more cleanly in the moment without relying on memory or prepackaged heuristics and judgments.

Almost all biases are time-saving heuristics. For important decisions, discard memory and identity, and focus on the problem.

If you criticise someone, then don’t criticise the person—criticise the general approach or criticise the class of activities. If you have to praise somebody, then always try and find the person who is the best example of what you’re praising and praise the person, specifically.

Key Takeaways

  • To be honest, speak without identity.

  • For important decisions, discard memory and identity, and focus on the problem.

  • Praise specifically, criticise generally.

Summary

Facebook redesigns. Twitter redesigns. Personalities, careers, and teams also need redesigns. There are no permanent solutions in a dynamic system.

That’s it for today. Tomorrow, we will read the Collect Mental Models section.

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The Almanack of Naval Ravikant

Author(s): Eric Jorgenson

Short Blurb: Getting rich is not just about luck; happiness is not just a trait we are born with. These … Read more
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Part 13 of 33 in the 📖 The Almanack of Naval Ravikant book series.

Series Start | The Almanack of Naval Ravikant: A Guide to Wealth and Happiness - Day 12 | The Almanack of Naval Ravikant: A Guide to Wealth and Happiness - Day 14



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