Almanack of Naval Ravikant

Doing long-term thinking well requires identifying when you’re being patient versus just stubborn. Not an easy thing to do. The only solution is knowing the very few things in your industry that will never change and putting everything else in a bucket that’s in constant need of updating and adapting.

After a couple of years (!) of complaining and bitching and shooting down ideas, I finally reached a powerful, yet obvious realization: There was no perfect plan. No perfect path existed. No matter what there was going to be uncertainty. There were going to be risks. Mistakes were going to be made. I was going to be uncomfortable. I was going to lo