The Almanack of Naval Ravikant - A Guide to Wealth and Happiness

Key Insights from "The Almanack of Naval Ravikant"

1. True wealth is the absence of a compulsive need to work - What matters more than having material wealth is having the freedom to choose how you spend your time.
2. Embrace long-term thinking - Success comes from patiently putting in consistent efforts over a long period.
3. Importance of specific knowledge - Specific knowledge is knowledge that you cannot be trained for. If society can train you, it can replace you.
4. Leverage is a force multiplier - Capital, labor, and products with no marginal cost of replication (like software and media) are...

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