Naval

Even smart people go along with society’s lies.   Transcript: http://nav.al/consensus

Wise people are quiet. Transcript: http://nav.al/silent  

Peace is happiness at rest. Transcript: http://nav.al/peace-motion  

The mind should be a servant, not a master. Transcript: http://nav.al/peace  

Addiction holds together artificial relationships and fake activities. Transcript: http://nav.al/unacceptable

Pursuing pleasure for its own sake creates addiction. Transcript: http://nav.al/addiction  

Happy people don’t have to work as hard. Transcript: http://nav.al/least  

If you're a driven, unhappy person, your mind will be on 24/7. Transcript: http://nav.al/inefficient

You can increase your happiness without losing your drive. Transcript: http://nav.al/smart

Happiness is returning to a state where nothing is missing. Transcript: http://nav.al/desire

You’re not stuck at your current level of happiness. Transcript: http://nav.al/skill

Happiness is more like poetry than algorithms. Transcript: http://nav.al/math

It's easier to fulfill your material desires than to renounce them. http://nav.al/material

This podcast is a practical philosophy of health, wealth and happiness. Transcript: https://nav.al/philosopher

This giant episode collects every interview I’ve done on “How to Get Rich.” It includes 10 minutes of unreleased material—at the end—on “Finding Time to Invest in Yourself.” Transcript: http://nav.al/rich Seek Wealth, Not Money or Status 1:30 Make Abundance for the World 6:40 Free Markets Are Intrinsic to Humans 10:21 Making Money Isn’t About Luck 14:19 Make Luck Your Destiny 19:25 You Won’t Get Rich Renting Out Your Time 24:00 Live Below Your Means for Freedom 28:40 Give Society What It Doesn’t Know How to Get 31:01 The Internet Has Massively Broadened Career Possibilities 33:44 Play Long-term Games With Long-term People 38:23 Pick Partners With Intelligence, Energy and Integrity 44:24 Partner With Rational Optimists 49:09 Arm Yourself With Specific Knowledge 54:34 Specific Knowledge Is Highly Creative or Technical 1:00:53 Learn to Sell, Learn to Build 1:06:24 Read What You Love Until You Love to Read 1:10:59 The Foundations Are Math and Logic 1:12:00 There’s No Actual Skill Called “Business” 1:16:48 Embrace

Excerpted from the Spearhead podcast: http://spearhead.co

Externalities let you account for the true cost of products by including hidden costs like environmental damage. • Pricing externalities properly is more effective than feel-good measures 0:32 • Properly pricing externalities can save resources in a tremendous way 1:10 Transcript: http://nav.al/externalities

Calculate what future income is worth today by applying a discount to its future value. • Figure out what future income is worth today by applying a discount rate 0:00 Transcript: http://nav.al/npv

A lot of people are willing to pay more than what companies charge. • Consumer surplus is the extra value you get when you pay less than you were willing 0:00 Transcript: http://nav.al/surplus

You can charge people for extras based on their propensity to pay. • Price discrimination is a technique for charging certain people more 0:00 • Rich people and large enterprises are willing to pay more 0:51 Transcript: http://nav.al/price-discrimination