This post is part of the πŸ“– The Almanack of Naval Ravikant series.


Today, I am still reading Learn To Love To Read 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! πŸ’¬

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 started to read Learn To Love To Read section from the Wealth: How to get rich without getting lucky chapter.

Part I

Wealth: How to get rich without getting lucky

Learn To Love To Read

When it comes to reading, make sure your foundation is very, very high quality.

The best way to have a high-quality foundation (you may not love this answer), but the trick is to stick to science and to stick to the basics.

Similarly, the hard sciences are a solid foundation. Microeconomics is a solid foundation.

When you start wandering outside of these solid foundations, you’re in trouble because now you don’t know what’s true and false.

I would focus as much as I could on having solid foundations. It’s better to be great at arithmetic and geometry than to be deep into advanced mathematics.

I would read microeconomics all day long β€” Microeconomics 101.

If you want to learn macroeconomics, first read Adam Smith, read von Mises, or read Hayek.

Start with the original philosophers of the economy.

If you’re into communist or socialist ideas (which I’m personally not), start by reading Karl Marx.

Don’t read the current interpretation someone is feeding you about how things should be done and run.

Key Takeaways

  • If you start with the originals as your foundations, you have enough of a worldview and understand that you won’t fear any book.

Summary

  • To think clearly, understand the basics. If you’re memorizing advanced concepts without being able to re-derive them as needed, you’re lost.

  • A calm mind, a fit body, and a house full of love. These things cannot be bought. They must be earned.

That’s it for today. We finished the first part of this book. Tomorrow, we will start to read the second and final part PART 2 HAPPINESS of this great book.

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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 16 of 33 in the πŸ“– The Almanack of Naval Ravikant book series.

Series Start | The Almanack of Naval Ravikant: A Guide to Wealth and Happiness - Day 15 | The Almanack of Naval Ravikant: A Guide to Wealth and Happiness - Day 17



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