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The Almanack of Naval Ravikant Summary The Five Big Ideas Understand how to create wealth Build judgment Learn the skills of decision making Learn to love to read Understand happiness is a choice Below are my five favorite big ideas from the book, rewritten for brevity.  1. Understand How to Create Wealth To get rich, seek  specific   knowledge ,  accountability , and  leverage . Pursue your genuine curiosity and passion rather than whatever is hot right now. Specific knowledge is often highly technical or creative and cannot be outsourced or automated.  Take business risks under your name as much as possible. Take credit when things go well and ownership when things go wrong. Society rewards those with responsibility, equity, and leverage.    Leverage comes in the form of  labor ,  capital , or through  code  or  media . Labor requires followers. Capital requires leaders. Code or media, however, are permissionless and work while you sleep. You will not get rich by renting out your tim

The 48 Laws of Power by Robert G reene High-Level Thoughts Fantastic stories broadly applicable to success in life, though a bit overwhelming in scope and heavy to work through. That said, it was banned from US prisons for a reason. Book Summary Law 1:   Never outshine the master Make your masters appear more brilliant  than they are and you will attain the heights of power When it comes to power,  outshining the master is perhaps the worst mistake of all . Never take your position for granted and never let any favors you receive go to your head. Law 2:   Never put too much trust in friends, learn how to use enemies But  hire a former enemy and he will be more loyal than a friend , because he has more to prove. In fact, you have more to fear from friends than from enemies. If you have no enemies, find a way to make them Since honesty rarely strengthens friendship, you may never know how a friend truly feels.  Friends will say that they love your poetry, adore your music, envy your tast

The Entrepreneur Mind summary  Who should read this:  “Whether you are thinking of starting a business, celebrating your first year in business, or approaching ten years in business, you’ll find tremendous value in reading this book,” Johnson writes. In other words, any entrepreneur looking for a mentor will find helpful tips here. Elevator pitch:  Entrepreneurship can be taught, and Kevin D. Johnson wants to teach it. This book includes 100 easily digestible lessons in strategy, people, finance, marketing and leadership, including lots of anecdotes from his own experience. Author:  Thirty-three-year-old Kevin D. Johnson is a serial entrepreneur and the president of Johnson Media Inc., a multimillion-dollar marketing and communications company. Strategy  1. Think big:  Failing to reach your potential is a lesser-known, lesser-understood type of business failure. Entrepreneurs fail to think big because they are limited by their environment or their lack of expertise, or they