This week, I read The Almanack of Naval Ravikant: A Guide To Wealth and Happiness on the recommendation of a relative. It contains a lot of insight into the modern business landscape, as well as more philosophical questions on ethics and morality. The takeaway is that when it comes to our integrity, we are the primary stakeholders. In other words, when we possess integrity, we benefit. On the other hand, when we lack integrity, we victimize ourselves before anyone else.
Ravikant also had some fascinating quotes on the love of money, intentions, character, and values, which I have included below. Check them out!
Naval Ravikant On Moral Failure
Your only failures are written within your psyche and they are obvious to you. If you have too many of these moral shortcomings, you will not respect yourself. The worst outcome in this world is not having self-esteem. If you don’t love yourself, who will? I think you just have to be very careful about doing things you are fundamentally not going to be proud of, because they will damage you.
Naval Ravikant
Naval Ravikant On The Love of Money
The punishment for the love of money is delivered at the same time as the money. As you make money, you just want even more, and you become paranoid and fearful of losing what you do have… I think the best way to stay away from this constant love of money is to not upgrade your lifestyle as you make money.
Naval Ravikant
Naval Ravikant On Intentions and Being Ethical
Intentions don’t matter, actions do. That’s why being ethical is hard.
Naval Ravikant
Naval Ravikant On Character
To summarize the fourth type [of luck], build your character in a certain way, then your character becomes your destiny.
Naval Ravikant
Naval Ravikant On Values
I have this saying inside my head: the closer you want to get to me, the better your values have to be.
Naval Ravikant
