Life Formulas by Naval Ravikant

From the book - The Almanack Of Naval Ravikant

These are notes to myself. Your frame of reference, and therefore your calculations, may vary. These are not definitions - these are algorithms for success. Contributions are welcome.

Formula

Happiness = Health + Wealth + Good Relationships

Health = Exercise + Diet + Sleep

Exercise = High Intensive Resistance Training + Sports + Rest

Diet = Natural Foods + Intermittent Fasting + Plants

Sleep = No alarms + 8 - 9 hours + Circadian Rhythms

Wealth = Income + Wealth * (Return on Investment)

Income = Accountability + Leverage + Specific Knowledge

Accountability = Personal Branding + Personal Platform + Taking Risk

Leverage = Capital + People + Intellectual Property

Specific Knowledge = Knowing how to do something that society cannot yet easily train other people to do

Return on Investment = Buy-and-Hold + Valuation + Margin of Safety

Rules

  • Be present above all else

  • Desire is suffering - Buddha

  • Anger is a hot coal you hold in your hand while waiting to throw it at someone else - Buddha

  • If you can't see yourself working with someone for life, don't work with them for a day

  • Reading (learning) is the ultimate meta-skill and can be traded for anything else

  • All the real benefits in life come from compound interest

  • Earn with your mind, not your time

  • 99 percent of all effort is wasted

  • Total honesty at all times. It's almost always possible to be honest and positive.

  • Praise specifically, criticize generally - Warren Buffet

  • Truth is that which has predictive power

  • Watch every thought. "Ask why am I having this thought?"

  • All greatness comes from suffering

  • Love is given, not received

  • Enlightenment is the space between your thoughts - Eckhart Tolle

  • Mathematics is the language of nature

  • Every moment has to be complete in and of itself

  • Health, love and your mission, in that order. Nothing else matters