Psychology is a critical component to financial and overall success. Everything starts in the mind. Here is a collection of Wealth Potion articles about psychology and mindset.
The Most Important Skill in 2024 and Beyond? I think about this tweet often: Because I think it’s true. The internet is exponentially increasing the amount of information available to us. That is, in part, what Naval is referring to when he says “infinite leverage”. But not all of that information is “good” (i.e. true, […]
Judgment and Being Open-Minded Read More »
Letting Go of Your Negative Beliefs About Wealth “Seek wealth, not money or status.” – Naval Ravikant Our newsletter is called Wealth Potion… so I imagine you subscribed to learn how to build wealth. But what is wealth, exactly? And beyond it’s official definition, what does wealth mean to you? Why is this important? Because
High Time Preference vs. Low Time Preference What is the definition of success? This sounds like a simple question, but I promise there is an important lesson here. Success is “the accomplishment of an aim or purpose.” You can choose which aim or purpose you wish to pursue. But regardless of what you choose to
The Importance of Time Preference in 2024 Read More »
Do you use Cathedral Thinking? If not, you should. Cathedral thinking is a concept born from the medieval times about thinking in the time-span of multiple generations. Cathedrals and other ancient works of architecture often took decades, sometimes centuries, to build. It’s a sign of a society with a healthy relationship with long-term planning, patience,
#017: What is Cathedral Thinking and How to Use it to Grow Wealth Read More »
Many people believe they want to be well-known. They say they want to be rich and famous. They seek status. Today, we’re breaking down why it is better to be ‘known well’ than to be ‘well known’, and how this aligns with the philosophies of Naval Ravikant, David Perell, and Warren Buffett. This is inspired
#008: Become Known Well, Not Well Known Read More »
