Naval

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A Motorcycle for the Mind

18 Feb 2026

0:00 It's In the Doing That You Learn 2:10 Vibe Coding Is the New Product Management 6:47 Training Models Is the New Coding 10:10 There Is No Demand for Average 14:09 The Hottest New Programming

Collection: Curate People

30 Oct 2025

The Best Only Want to Work With the Best 0:00 You'll Never Be Able to Hire Anybody Better Than You 3:49 Break Every Rule to Get the Best People 6:45 It Just Takes a Small Group of People to Create

Collection: In the Arena

7 Oct 2025

http://nav.al/in-the-arena

Compounding Relationships Make Life Easier

19 Jul 2019

Life gets a lot easier when you know someone’s got your back. • Compounding relationships make life easier 0:00 • It’s better to have a few compounding relationships than many shallow ones

Turn Short-Term Games Into Long-Term Games

15 Jul 2019

Improve your leverage in negotiations by turning short-term relationships into long-term ones. • Pareto optimal solutions require a trade-off to improve any criterion 0:00 • Negotiations are

Schelling Point: Cooperating Without Communicating

12 Jul 2019

People who can’t communicate can cooperate by anticipating the other person’s actions. • Use social norms to cooperate when you can’t communicate 0:00 • You can find Schelling points in

Kelly Criterion: Avoid Ruin

10 Jul 2019

Don't ruin your reputation or get wiped to zero. • Don't bet everything on one big gamble 0:00 • Ruining your reputation is the same as getting wiped to zero 0:54 Transcript:

Principal-Agent Problem: Act Like an Owner

8 Jul 2019

If you think and act like an owner, it’s only a matter of time until you become an owner. • A principal is an owner; an agent is an employee 0:00 • A principal’s incentives are different

Envy Can Be Useful, or It Can Eat You Alive

28 Jun 2019

Envy can give you a powerful boost, or it can eat you alive if you let it follow you. • Suffering through the wrong thing can motivate you to find the right thing 0:00 • Being a lawyer was not

Being Ethical Is Long-Term Greedy

26 Jun 2019

If you cut fair deals, you will get paid in the long run. • Ethics isn’t something you study; it’s something you do 0:00 • Trust leads to compounding relationships 0:51 • Being ethical

We Should Eventually Be Working for Ourselves

24 Jun 2019

The goal is that we are eventually wealthy and working for ourselves. • This advice is for anybody who wants to be entrepreneurial 0:00 • Middle age can be the most fruitful time to apply

Accountability Means Letting People Criticize You

21 Jun 2019

Misunderstanding accountability, and other mistakes on the path to creating wealth. • Accountability means letting people criticize you 0:00 • The most interesting parts should be the ones

How to Get Rich: Every Episode

2 Jun 2019

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.”

Productize Yourself

24 May 2019

Figure out what you're uniquely good at and apply as much leverage as possible. • Figure out what you're uniquely good at and apply as much leverage as possible 0:00 • Find hobbies that make

There Are No Get Rich Quick Schemes

23 May 2019

Get rich quick schemes are just someone else getting rich off you. • There are no get rich quick schemes 0:00 • We don't have ads because it would ruin our credibility 0:56 • Every founder

A Calm Mind, a Fit Body, a House Full of Love

21 May 2019

When you're finally wealthy, you'll realize it wasn't what you were seeking in the first place. • When you're wealthy, you'll realize it wasn't what you were seeking 0:00 • A calm mind, a fit

Reject Most Advice

20 May 2019

Most advice is people giving you their winning lottery ticket numbers. • The best founders listen to everyone but make up their own mind 0:00 • Advice is maxims you can recall later, when you

Eventually You Will Get What You Deserve

19 May 2019

Apply specific knowledge with leverage and eventually you will get what you deserve. • On a long enough time scale you will get paid 0:00 • What are you really good at that the market values?

Play Stupid Games, Win Stupid Prizes

17 May 2019

Competition will blind you to greater games. You're one step away from a better market. • Businesses that seem like they're in direct competition really aren't 0:00 • My first company got

Escape Competition Through Authenticity

16 May 2019

Competition can make you play the wrong game. No one can compete with you on being you. • Competition will trap you in a lesser game 0:00 • No one can compete with you on being you 1:27 • In

Keep Redefining What You Do

13 May 2019

Become the best in the world at what you do. Keep redefining what you do until this is true. • Keep redefining what you do until you're the best at what you do 0:00 • Find

Be Too Busy to “Do Coffee”

8 May 2019

You should be too busy to “do coffee”, while still keeping an uncluttered calendar. • Be too busy to “do coffee” while keeping an uncluttered calendar 0:00 • People will meet with you

Work As Hard As You Can

6 May 2019

Work as hard as you can. Even though what you work on and who you work with are more important. • Work as hard as you can 0:00 • But what you work on and who you work with are more important

Set an Aspirational Hourly Rate

1 May 2019

If outsourcing a task will cost less than your hourly rate, outsource it. • Set and enforce an aspirational hourly rate 0:00 • You can't penny pinch your way to wealth 1:27 • My aspirational

Judgment Is the Decisive Skill

29 Apr 2019

Everything we've discussed so far has been setting you up to apply judgment. • In an age of infinite leverage, judgment becomes the most important skill 0:00 • Everything else you do is setting

Example: From Laborer to Real Estate Tech

26 Apr 2019

The continuum from laborer to real estate tech company goes from low accountability to high specific knowledge, accountability and leverage. • Laborers get paid hourly and have low accountability

Pick a Business Model With Leverage

22 Apr 2019

Ideally, you should pick a business model with network effects, low marginal costs and scale economies. • Scale economies: the more you produce, the cheaper it gets 0:00 • Zero marginal cost

Product Leverage Is Egalitarian

19 Apr 2019

Labor and capital are limited to the people who control those resources. But products reach global markets. • Product leverage is a positive-sum game 0:00 • Status goods are limited to a few

Product and Media Are New Leverage

17 Apr 2019

Product and media are the leverage of new wealth. Create software and media that work for you while you sleep. • Product and media are the new leverage 0:00 • Product leverage is where the new

Labor and Capital Are Old Leverage

15 Apr 2019

Wealth requires leverage. Labor and capital are older forms of leverage that everyone is fighting over. • Our brains aren't evolved to comprehend new forms of leverage 0:00 • Society overvalues

Take Accountability to Earn Equity

13 Apr 2019

If you have high accountability, you're less replaceable and you can get a piece of the business. • Accountability is how you're going to get equity 0:00 • Taking accountability is like taking

Embrace Accountability to Get Leverage

11 Apr 2019

Embrace accountability. Society will reward you with leverage. • You have to have accountability to get leverage 0:00 • Take business risks under your own name 0:54 • A well-functioning team

There's No Actual Skill Called Business

8 Apr 2019

There's no actual skill called business. Avoid business schools and magazines. • There's no actual skill called business 0:00 • Doing is faster than watching 0:55 • The number of “doing”

The Foundations Are Math and Logic

5 Apr 2019

If you understand mathematics and logic, you have the basis for understanding everything else. • The ultimate foundations are math and logic: 0:00 • It’s better to read a great book slowly

Read What You Love Until You Love to Read

3 Apr 2019

You should be able to pick up any book in the library and read it. • Read what you love until you love to read: 0:00 • Read the original scientific books in a field: 1:44 • Don't fear any

Learn to Sell, Learn to Build

31 Mar 2019

Learn to sell. Learn to build. If you can do both, you will be unstoppable.  • Learn to sell, learn to build 0:00 • The Silicon Valley model is a builder and seller 1:07 • If you can do

Specific Knowledge Is Highly Creative or Technical

28 Mar 2019

Specific knowledge tends to be creative or technical. It's on the bleeding edge of technology, art and communication. • Specific knowledge can be taught through apprenticeships 0:00 • Specific

Arm Yourself With Specific Knowledge

25 Mar 2019

Arm yourself with specific knowledge. It can't be trained but it can be found by pursuing your genuine curiosity. • Arm yourself with specific knowledge 0:00 • Specific knowledge can't be

Partner With Rational Optimists

22 Mar 2019

Don't partner with cynics and pessimists. Their beliefs are self-fulfilling. • Don't partner with pessimists 0:00 • Partner with rational optimists 1:20 • We're descended from pessimists

Pick Partners With Intelligence, Energy and Integrity

22 Mar 2019

Picking partners with high intelligence, energy and integrity is the three-part checklist that you can't compromise on. • Pick business partners with high intelligence, energy and integrity 0:00

Play Long-term Games With Long-term People

19 Mar 2019

Pick an industry where you can play long-term games with long-term people. All returns in life come from compound interest over many turns of the game. • Play long-term games with long-term people

The Internet Has Massively Broadened Career Possibilities

19 Mar 2019

The Internet has massively broadened the possible space of careers, by allowing you to scale any niche obsession. • The Internet has massively broadened the possible space of careers 0:00 •

Give Society What It Doesn't Know How to Get

14 Mar 2019

Society will pay you for creating what it wants, but doesn’t know how to get, and delivering it at scale. • Give society what it wants, but doesn't know how to get—at scale 0:00 • Figure

Live Below Your Means for Freedom

11 Mar 2019

People living far below their means enjoy a freedom that people busy upgrading their lifestyles just can't fathom. • People living below their means have freedom 0:00 • The most dangerous

You Won't Get Rich Renting Out Your Time

8 Mar 2019

You won't get rich renting out your time, because you can't earn non-linearly. • You won't get rich renting out your time 0:00 • Renting out your time means you're essentially replaceable

Make Luck Your Destiny

7 Mar 2019

Build your character in a way so luck becomes deterministic.  • Build your character so luck becomes your destiny 0:00 • Build your character so opportunity finds you 1:12 • You have to

Making Money Isn't About Luck

6 Mar 2019

Making money isn't about luck. It's about becoming the kind of person who makes money. • Making money isn't about luck 0:00 • Blind luck 0:46 • Luck from hustling 0:55 • Luck from

Free Markets Are Intrinsic to Humans

6 Mar 2019

We're the only animals who cooperate across genetic boundaries, because we can track credits and debits in voluntary exchanges. • Free markets are intrinsic to the human species 0:00 • Too

Make Abundance for the World

5 Mar 2019

Wealth isn't about taking something from somebody else—it's about creating abundance for the world.  • Ethical wealth creation makes abundance for the world 0:00 • Everyone can be wealthy

Seek Wealth, Not Money or Status

5 Mar 2019

The difference between wealth, money and status.    • Wealth is assets that earn while you sleep 0:56 • Money is how we transfer wealth 2:28 • Status is your rank in the social