Naval Profile picture
May 31, 2018 11 tweets 1 min read Read on X
How to Get Rich (without getting lucky):
Seek wealth, not money or status. Wealth is having assets that earn while you sleep. Money is how we transfer time and wealth. Status is your place in the social hierarchy.
Understand that ethical wealth creation is possible. If you secretly despise wealth, it will elude you.
Ignore people playing status games. They gain status by attacking people playing wealth creation games.
You’re not going to get rich renting out your time. You must own equity - a piece of a business - to gain your financial freedom.
You will get rich by giving society what it wants but does not yet know how to get. At scale.
Pick an industry where you can play long term games with long term people.
The Internet has massively broadened the possible space of careers. Most people haven't figured this out yet.
Play iterated games. All the returns in life, whether in wealth, relationships, or knowledge, come from compound interest.
Pick business partners with high intelligence, energy, and, above all, integrity.
Don't partner with cynics and pessimists. Their beliefs are self-fulfilling.

• • •

Missing some Tweet in this thread? You can try to force a refresh

Keep Current with Naval

Naval Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!


Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @naval

Oct 4, 2022
The four most important questions on my mind right now:

• Does Putin set off a nuke?

• Does Elon buy Twitter?

• Does Bitcoin decouple from risk assets?

• Does SF Bay Area retain its monopoly on tech?
Does Putin set off a nuke?
Does Elon buy Twitter?
Read 5 tweets
Oct 1, 2022
We can be pro-Ukraine, anti-Russia, and still acknowledge that NATO should not risk a global thermonuclear war to defend a non-NATO country.
Civil disagreement is welcome. Anyone making it personal will be blocked.
Read 4 tweets
May 12, 2022
Selfish morality:
The selfish reason to be honest is to clear the mind of exhausting lies and to navigate towards people and situations where you can be completely authentic.
The selfish reason to love is that it feels better to be in love than to be loved (but don’t expect much back).
Read 12 tweets
Jul 8, 2021
Instead of pivoting your startup, jump.
A startup is a theory about something the market wants, but doesn’t yet exist.
If the theory underlying your startup is wrong, a pivot is rarely the correct answer.
Read 8 tweets
Apr 5, 2021
Demystifying NFTs:

(A thread)
An NFT is a unique, on-chain token representing ownership of an off-chain asset.

The token is backed by a social contract from its creator and a surrounding community.
By assigning a unique token to a thing, its ownership (not the thing itself!) becomes programmable, verifiable, divisible, durable, universally addressable, composable, digitally secured, and easy to transfer.
Read 17 tweets
May 16, 2020
Meditation - The Art of Doing Nothing:
Meditation is your birthright. It's your natural state.
It requires no one, needs no thing, and has no technique.

If something requires a guru, a mantra, or a teaching, it isn't universal, and it won't free you.
We say that we want peace of mind but what we really want is peace from mind.
Read 48 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!


0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy


3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!