Okay. So what else? What else you got? So you consume that, what else you can do? Okay.
Have you read novels Almanac?
Yeah. Shout out to Jack Buck here. No, no - Eric right? Eric Georgia think Jorgenson's last name.
Yeah, he was the main guy in Jack animated illustrate ever. Yeah. Oh there it is. So Nepal has. So it's a two-part. I actually don't know how it came to be involved. Just do it. Bunch of podcasts and interviews and he summarized the Vols feelings. Yeah,
basically. So Duvall had been putting out his content for years different podcast and stuff like that and a lot of people like me and Eric and others were big fans of it. And what he did was he said all right If you've ever bought the book or have a book, porch are poor Charlie's Almanac. I think that's what this ripped off of which is Charlie Munger, who's Warren Buffett's business partner, it was like about Charlie Munger and so he tried to make, you know, if navall is one of the good great thinkers of our time, then he tried to make the compilation of all the (expletive) and of all said, he took it from all the times of all talked about wealth and they pulled it all together and put it all in one place and distilled it down and
this book is broken into two parts. The first Is wealth, the second is happiness. I found the wealth stuff to be a little bit boring. I don't even remember. I actually skipped over a lot of it. I don't even remember what he said about wealth you.
Yeah, I mean, I think it's the same thing that that we've talked about on here but he has this tweet storm that went Ultra Ultra viral. Like maybe I don't know fifty to a hundred million. People have seen it by now and it's called how to get rich without getting lucky. And he talks about these four thing, I can go into it or I can skip
it. If you want to tell you until I could talk about it a little bit. Yeah,
basically, his summary is like, you know, here's some of the principles that over, you know, all become very wealthy and over time you sort of learn for himself, you wanted to be wealthy as a kid because we're pretty poor and he wanted to be wealthy and he wanted to be wealthy not in a way that required outlier luck and he says is great thing, which is like you know, I want to if I lived life a hundred times I want to end up wealthy 98 99 times or like if you took away all my wealth now and you drop me, you know, (expletive)-naked and in the streets of Bangalore, I want to be able to again in five ten years, end up, rich again and so that means I actually understand The principles of how this is done and I'm not relying on luck. And so he talks about those principles and he basically says you know, you want to have these like three or four things. So first stop renting out your time you'll never get rich renting out your time, which is, you know, 90 something percent of people are employees somewhere. You are basically renting your time to an employer and you'll never become wealthy or you rarely become wealthy with that path. You become Wealthy by owning a piece of business either, as an investor Or as a business owner, or as an employee, who ishares like employees at Google or Facebook, who have seen. Yeah, I got a lot of wealth by the appreciation of those shares. And so when he talks about, you know, how do you, how do you get to that point? Well, you need a few things you want, you know, you speak all specific knowledge which is basically like like Sam, you know, how to grow a newsletter, you know, how to write content, you know, copywriting right? You know, certain things and so you need specific knowledge. Then you pair that with accountability. So you want to do it in the name of the hustle or Sam or some brand that accrues that reputation. So you want to put your name on the line and say I'm going to do this thing and so that when you do it you get paid for it. You know, the people at the hustle who writes your daily newsletter, but are less well, known, they actually have certain skills. They have certain unique knowledge, specific knowledge but they don't have the account. They're not putting up the accountability. They're not living and dying By The Sword of this news that are working, or not, maybe in The company they are but not externally and then you have leverage so you know back in the day if you wrote something you would maybe distribute it locally on your newspaper or on a flyer or something like that. But with the internet you have leverage where you can put this in an email and you can send it, you can put the same amount of work in to write the email once you can send it to a hundred thousand people, a million people or 10 million people. It's the same amount of work because you have tremendous leverage through technology. And so basically he talks about like use these three things, get specific knowledge. Be accountable, put your name on the line, that way you get the risk and the reward and lastly apply leverage to maximize the value that you get out of the thing. That's kind of the basic formula
Shaan Puri Summarizes Naval Ravikant's 'How to Get Rich' Tweetstorm