I acquire almost all I need by prayer, faith and supplication. People discard material things just for a scratch or because it needs cleaning. Older is often better quality than cheap plastic new
I'm 50 years old, no material possesion, except furniture, nice one, in my apartment...but I saw a lot of place in the world ( all Europe, some USA, South America, some Asian country)... I have no debt at all, lot of money for retirement, and some fuck you money...and I seem more relax than most people at my job
How did you do that ? Did you inherit the money or make it yourself ? Which job are you in ? These are genuine questions, I am curious to know. Please reply, as the answers might help me.
Navil is such an isnpriation to me! I implement so much of his advice into my personal life as well as the content I create. Happiness is peace in motion.
The trick is to work for things that appreciate in value, like land and value and not depreciate like and don’t ever put yourself in a position where one layoff will cause you bankruptcy, and to lose everything
This channel is very smart. Kudos to channel owners. Your making story’s from great speakers and turning it into a format that is thought provoking … subscribed
The idea of everyone should be able to do what he or she loves for a living is a trap in itself. There are things in this world that nobody would enjoy doing but had to be done, and most of these things are essential for the society to function. Think about this for a moment, then the real truth about life starts to unfold.
Agree. But if someone tries to get out of that then it is totally possible. And now a person with no desire and no efforts/hardwork to change his life will be stuck in that job. So at the end, there still will be plenty of people remaining to do those jobs that you are talking about.
"There are things in this world that nobody would enjoy doing but had to be done." Is this actually true? We can't possibly know what the preference of each human in the world can we? And these essential things you speak of... are they truly necessary? If we didn't have garbage collectors, maybe we would be more mindful of our things as a society and hence wouldn't "need" garbage collectors. The "real truth of life" is that it is just a series of problems. How will I shelter, feed, water myself and my family? As we satisfy these basic needs, then we need to figure out what to do with our excrement. Urine actually makes a great fertilizer so water the garden with it. Feces is also good as fertilizer so chuck it in the compost pile. But no, society decided it's better to use our water supply to transport it to sewage facilities to be "taken care of." This is because historically we are conditioned to pass on our shit for other people to deal with. That's where the problem solvers come in. The farmers, skilled trades, and engineers to name a few. The ones I know love what they do. Now imagine a world where every one is a problem solver.
@@joshuafisher4241 because conservatives can't afford automated technology, they would rather lobby the government to let them keep low paid labor slaves
I was a friend of a kid growing up that lived in a moderate home like us. His father went on to invent the first ATM machines and software. He became one of the first billionaires in the US. At Christmas, he gave his son $1,000 each year and that was it. He said "Free money is poison". You see that with lotto winners.
I have an Army Pension and actually retired at 41. I was seen as a lazy bum for not going to work after retirement, as I was so young. They did not tell me this, but that was the jist. To me, after 20+ years as a Soldier... I simply felt that I had crossed the finish line for me, I had bought ALL of my Future time from the Debt God of Life. I trade stocks as a hobby and it is a profitable hobby that I live off of it, at times. I hit my yearly target of 80% in 4 months and then took four months off. People still don't get it, they say, why aren't you a millionaire, if you are so good. I tell them, that does not motive me, I hit my goals, spend the money on what I want and with others, and then just chill, until I feel motivated to earn some more for a specific reason. I simply can not spend my valuable azz time, to get money that I will not use.
Good content, reading/listening naval makes me want to do his meditation practice, I already have my own practice, but he seems so much more wisdom person.
This is still coming from a guy whose tagline on twitter up until recently was "I block miserable people". Follows no one and exhibits clearly narcissistic traits (which anyone that truly knows this guy knows what a narcissist he is). But at least the advice given here is good even though he is a toxic person.
I think the biggest trap of life is confirming to societal norms ( specially before you know , if its even true ). like marriage / dating... wishful thinking ... more people have lost their productive life doing these than actual meaningful work !
I mean food is kinda necessary don’t you think?! A 40 hour week in America still leaves you deciding between food or rent. You definitely pay rent but you should probably skip a meal or too.
Working towards fixing my motorcycle as a reward instead of selling it and saving is a great idea Whoever disagrees obviously doesn’t own a motorcycle !
Remember yall, these mindsets don't happen over night. You built your thought habits for 20+ years. Old habits die hard. These take real effort to adapt.
A lot of interesting philosophy for setting your sights higher. But I can never respect someone who says "working for material goods is a trap" in this way because it's literally the thing we're required to do. It's not like you decided to be materialistic. The masters of this world tried to predestine your life that way. The context is required, and that context is that it's usually the people who benefit from your conditioning who are calling you stupid for being conditioned.
Best thing for me since start of earning money is that I pay myself first. Investing and have paidoff house in 3-5 years will be around 42. Brings me and my family way more flexibility and security. Life is good.
1. working for thing as reward is a trap that people fall into the interesting thing that you have done is it is all go to be around the sarcrifesthat you've made and hard thibgs that you did
you can think "I am who I am" "This world is mine but be careful if you do everything your way, everyone will leave you. try to make your happy world without any harm" "I can do it because I can do it's just matter of time" "my mind is mine, your mind is yours" so, let it be, don't mind other's mind. live your life in 1st person omniscient point of view. I mean live "your" life or "make" your life.
I'd say a greater trap is the self-delusion trap. A cocktail of fantasy and wishful thinking that stops people from appreciating how wonderful reality can be.
Some weeks (this one) feel like every waking moment is means to end. It is unavoidable this week, truthfully. This video helped bring me back to center, thank you.
While it makes sense my main issue is that all these kapil, charlie and more are genius so maybe thats the differentiator they started from nkthing but they are also the minority genius...
![Naval Ravikant - Money Habits Keeping You Poor [w/ Charlie Munger, Mohnish Pabrai]](http://i.ytimg.com/vi/EF-hcyCdd24/mqdefault.jpg)
“Your real résumé is just a cataloguing of all your sufferings”
-Naval
Naval Ravikant had a younger brother called Airborne Ravikant
@BogalaSawundiris where can I find his work???
Life is a single player game. It's all going on in your head. It is your mind that creates the world. So good
Bernardo Kastrup says, it's not your mind that it's all going on in, but the mind of God and you are a dissociated identity of God.
The all is mind, everything is mental
Wise words my friend
Indeed
So you only have friends in your head?
The hard things can be fun. The difference between adventure and suffering is attitude.
i don't really need to watch all the content all day long, just back to watch this one again and again, save time and energy, Thanks.
I acquire almost all I need by prayer, faith and supplication. People discard material things just for a scratch or because it needs cleaning. Older is often better quality than cheap plastic new
I'm 50 years old, no material possesion, except furniture, nice one, in my apartment...but I saw a lot of place in the world ( all Europe, some USA, South America, some Asian country)... I have no debt at all, lot of money for retirement, and some fuck you money...and I seem more relax than most people at my job
How did you do that ? Did you inherit the money or make it yourself ? Which job are you in ? These are genuine questions, I am curious to know. Please reply, as the answers might help me.
That’s amazing. ❤
@@sauravbasu8805if you’re not married with kids that is very achievable
Navil is such an isnpriation to me! I implement so much of his advice into my personal life as well as the content I create. Happiness is peace in motion.
Isnipriation 😂
@@AndreyRubtsovRU "Navil" 💀 Bro didn't even write the name correctly
The trick is to work for things that appreciate in value, like land and value and not depreciate like
and don’t ever put yourself in a position where one layoff will cause you bankruptcy, and to lose everything
This channel is very smart. Kudos to channel owners. Your making story’s from great speakers and turning it into a format that is thought provoking … subscribed
Thank you so much !!
Naval is actually so incredibly wise. Some REAL good advice here!
I'm so glad you decided to start this channel it is truly a gem.
thank you so much :)
Love your channel 🤍
holy wtf one video that solves all the issues I've been facing for months, thank you so much and subbed
Just need to walk the path now.
Thank you! All the best Astrea :)
The idea of everyone should be able to do what he or she loves for a living is a trap in itself. There are things in this world that nobody would enjoy doing but had to be done, and most of these things are essential for the society to function. Think about this for a moment, then the real truth about life starts to unfold.
Agree. But if someone tries to get out of that then it is totally possible. And now a person with no desire and no efforts/hardwork to change his life will be stuck in that job. So at the end, there still will be plenty of people remaining to do those jobs that you are talking about.
"There are things in this world that nobody would enjoy doing but had to be done." Is this actually true? We can't possibly know what the preference of each human in the world can we? And these essential things you speak of... are they truly necessary? If we didn't have garbage collectors, maybe we would be more mindful of our things as a society and hence wouldn't "need" garbage collectors.
The "real truth of life" is that it is just a series of problems. How will I shelter, feed, water myself and my family? As we satisfy these basic needs, then we need to figure out what to do with our excrement. Urine actually makes a great fertilizer so water the garden with it. Feces is also good as fertilizer so chuck it in the compost pile. But no, society decided it's better to use our water supply to transport it to sewage facilities to be "taken care of." This is because historically we are conditioned to pass on our shit for other people to deal with. That's where the problem solvers come in. The farmers, skilled trades, and engineers to name a few. The ones I know love what they do. Now imagine a world where every one is a problem solver.
Who is to say those things nobody enjoys doing but have to be done can't be automated in the not-too-distant future?
@@joshuafisher4241 because conservatives can't afford automated technology, they would rather lobby the government to let them keep low paid labor slaves
@@nhinja this is an utterly ridiculous argument. I could blow so many holes in it that you would forget you even had an argument.
I was a friend of a kid growing up that lived in a moderate home like us. His father went on to invent the first ATM machines and software. He became one of the first billionaires in the US. At Christmas, he gave his son $1,000 each year and that was it. He said "Free money is poison". You see that with lotto winners.
Thanks for sharing!!
I have an Army Pension and actually retired at 41. I was seen as a lazy bum for not going to work after retirement, as I was so young. They did not tell me this, but that was the jist. To me, after 20+ years as a Soldier... I simply felt that I had crossed the finish line for me, I had bought ALL of my Future time from the Debt God of Life. I
trade stocks as a hobby and it is a profitable hobby that I live off of it, at times. I hit my yearly target of 80% in 4 months and then took four months off. People still don't get it, they say, why aren't you a millionaire, if you are so good. I tell them, that does not motive me, I hit my goals, spend the money on what I want and with others, and then just chill, until I feel motivated to earn some more for a specific reason. I simply can not spend my valuable azz time, to get money that I will not use.
“Your real résumé is just a cataloguing of all your sufferings”
-Naval
This one is worth a few listens in a row
This is a great channel. A rare gem on youtube
Thank you so much 🙏
Subscribed as soon as I realized how you were using imagery and text to breakdown this amazing advice. This is different
thank you !!
Naval drops so many gems
Seek the truth and truth will set you free.
Good content, reading/listening naval makes me want to do his meditation practice, I already have my own practice, but he seems so much more wisdom person.
I come back to this channel to rewatch videos that I watch . I so grateful that you created this channel .
Really appreciated that! Thank you Fuhad :)
I like this Naval guy. Great advice ❤️
"I block miserable people." Sounds like a real humanitarian. 🙄
40 hours work week and 5 days working would be in usa and Europe , in india rule is 52 hours working week and 6 days working.
pure gold....thanks a lot for this video...
Thank you Yash ❣️
I am getting addicted to videos of this channel
Happy you do 😛
All I want is Freedom!
Thanks for compiling this list
My pleasure!
This is excellent .. can hear this on a loop ! Thanks
Glad you liked it :)
Very happy to listen to you.Thanks for the videos and the time you put on to make them
Glad you like them!
This is still coming from a guy whose tagline on twitter up until recently was "I block miserable people". Follows no one and exhibits clearly narcissistic traits (which anyone that truly knows this guy knows what a narcissist he is). But at least the advice given here is good even though he is a toxic person.
meh
Just came across your content. Exactly what we’ve been looking for. Thank you!
Glad you like it :)
Great video, thanks for taking the time to do these!
My pleasure!
College fees went Naval was at Dartmouth, around $25k. College fees for 2024 around $90k.
This channel is so good
thank youu ❣️
perfection!!! great video!
Gracias Paula :)
I am grateul I have found this channel
Naval..man.. priceless thoughts🤩
This channel is unique, no wonder it became popular.
Thanks so much ❣️
Thank you! Enjoyed this video
Thanks for watching :)
Thank you so much for making this video.
I have been watching your videos lately, and I can't thank you enough.
Please keep doing what you are doing.
Thank you so much Neo! I really appreciate it :)
I think the biggest trap of life is confirming to societal norms ( specially before you know , if its even true ). like marriage / dating... wishful thinking ... more people have lost their productive life doing these than actual meaningful work !
I mean food is kinda necessary don’t you think?! A 40 hour week in America still leaves you deciding between food or rent. You definitely pay rent but you should probably skip a meal or too.
Working for things trap....like that phrase
Will use that next release limited money belief video
Working towards fixing my motorcycle as a reward instead of selling it and saving is a great idea
Whoever disagrees obviously doesn’t own a motorcycle !
Remember yall, these mindsets don't happen over night. You built your thought habits for 20+ years. Old habits die hard. These take real effort to adapt.
A lot of interesting philosophy for setting your sights higher. But I can never respect someone who says "working for material goods is a trap" in this way because it's literally the thing we're required to do. It's not like you decided to be materialistic. The masters of this world tried to predestine your life that way. The context is required, and that context is that it's usually the people who benefit from your conditioning who are calling you stupid for being conditioned.
True but they mean working for material things beyond what you need or can afford.
Thanks a lot for arranging all this content
My pleasure :)
Great summaries. Thanks!
Thank you Afzal :)
The best advice out there ❤️❤️
I'm very glad I've discovered you channel. Keep up the good work!
Thank you so much Ricardo!
Best thing for me since start of earning money is that I pay myself first. Investing and have paidoff house in 3-5 years will be around 42. Brings me and my family way more flexibility and security. Life is good.
Wowwwww. So so good.❤❤
Thank you Rosemarie !!
Anytime I see the name “Charlie Munger”, I’m in!
The dudes a legend!
thank you for sharing 👍
thanks for watching :)
It is always a pleasure to consume your content
Thanks for watching :)
1. working for thing as reward is a trap that people fall into
the interesting thing that you have done is it is all go to be around the sarcrifesthat you've made and hard thibgs that you did
holy shit. I LOVE smart people!
Great content! Thanks!
Thank you Ian :)
Thank you
excellent video and I appreciate the small chunk size and summary of important people's thoughts - Merry Christmas to you xx
thank you! Glad you liked it :)
you can think "I am who I am"
"This world is mine but be careful if you do everything your way, everyone will leave you. try to make your happy world without any harm"
"I can do it because I can do it's just matter of time"
"my mind is mine, your mind is yours" so, let it be, don't mind other's mind.
live your life in 1st person omniscient point of view. I mean live "your" life or "make" your life.
What software is this ?
Greg Gutfeld sent me here
I'd say a greater trap is the self-delusion trap. A cocktail of fantasy and wishful thinking that stops people from appreciating how wonderful reality can be.
100% agree!
wow. so true
Too much fluff.
What are the four things?
2:28
Thanks
Thank you John! Highly appreciate it :)
Materialism is weakness. These people who constantly buy designer clothes are utter muppets.
Well picked
thanks!
Some weeks (this one) feel like every waking moment is means to end. It is unavoidable this week, truthfully. This video helped bring me back to center, thank you.
Glad it was helpful :)
What did Naval call a salary? A slow drip of?
Well ! No wonder Joe Rogan also gets irritated by a dull life & he keeps busy by making deep conversations
6:00 *1. Solve your money problems.*
Great insights.
Thank you :)
Great Video! keep it up very much appreciated!
thank you !!
Nas - King's Disease
JoRo is awesome
Bro what do you use to take notes?
Google Keep! And then i use Canva
I live your content so much. The great lessons from the giant with your notes.
Thank you !!
Let’s be honest, luck play a big part.
%100
Luck is when preparation meets opportunity
Well put. What do you think when an entire system is design to work against you, eg. Nigerian system
Survivorship bias and all that
If you have a job, in the 1st job. Nassim may keep his ideas
What software program does this channel use for creating this kind of lecture style videos? I am impressed.
Thanks for that! It's all Canva and Imovie :)
(now I switched to FCP)
Thank you. This is a fantastic video that really helped me.
Im glad it helped you :)
Glad I came across this little nugget.
I’ve been to Jamaica, Queens - that’s where JFK is, right?
He says things without saying anything
While it makes sense my main issue is that all these kapil, charlie and more are genius so maybe thats the differentiator they started from nkthing but they are also the minority genius...
Naval Ravikant had a younger brother called Airborne Ravikant. Both of them had an elder brother called Ground Ravikant
Dam good
Thanks !
if all developing countries think like they they will remain “developingl
I’m trapped
I love that podcast
Another great video!
Thank you :)