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Summary of The Almanack of Naval Ravikant 

Short summary

Naval Ravikant is an Indian-American investor and tech entrepreneur. His parents immigrated to the United States when he was still a little boy. Eventually, they separated, so his mother had to raise the children alone. Growing up was tough for Ravikant, but he was determined to create wealth and live a life of freedom. He has achieved all that today. Apart from investing in businesses, Naval Ravikant’s favorite thing is to share his life lessons with others. “The Almanack of Naval Ravikant” was compiled by Eric Jorgenson from Ravikant's random tweets and interviews. The lessons have been distilled into five chapters. In this summary, you will learn Naval Ravikant’s wisdom on wealth creation, judgment, happiness, self-care, and philosophy. "I call Naval the Angel Philosopher, and the Almanack shows why. Packed with unforgettable wisdom and penetrating insights, your mental gears will be working overtime." ~ Shane Parrish

Key points


Successful people are those who never stop seeking opportunities to learn

Very little is taught about life in formal education. What you're taught in class is how to become effective in your chosen field. But every adult will agree that you need more than formal education to succeed in life.

It's necessary to pass through high school and even college if you're interested, but the point is you need to go beyond all those to seek the wisdom that will help you in real life.

Naval Ravikant has dedicated a good chunk of his time to studying, thinking, and researching matters of life, which has made him wise and taught him how to succeed in the modern world.

Fortunately, you're about to immerse yourself in his wealth of wisdom. This summary contains advice that will save you years of confusion and struggle. If you keep the lessons to heart and practice them, they're guaranteed to keep you ahead of the pack.

So brace up as you go through all the chapters in this summary. Don't be in a hurry. It's okay to take several days pondering the ideas that stand out before moving on to the next chapters.
Understanding is more important than speed.
This might sound counter to the culture that says you should read 52 books a week. What's important is not what you read but what you assimilate from your reading and act upon. If you can only read five books that change your life in a year, you're better than someone that read 100 just for the sake of it.
If I have seen further than others, it is by standing upon the shoulders of giants. ~ Isaac Newton

Hard work is insufficient in itself to make you rich

When you ask the average Joe what someone needs to do to get wealthy, the answer you're almost certain to get is “work hard.” But if you ask the people who are truly wealthy and have attained some level of financial freedom, they'll tell you they didn't get there by sheer hard work.
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Judgment is the rightful application of wisdom to external problems


Unfulfilled desires are the primary reason people suffer in life


Don't feel sorry about being yourself


Life is so big and mysterious that you have to define what it means to you and stick to your core values or risk living confused



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