Hi friends,
One of the books I read last year was The Almanack of Naval Ravikant (a great read that would challenge your thinking). The book was divided into 2 parts: Wealth and Happiness. He shared a formula for happiness which I will share with you today.
For those that don't know Naval Ravikant: He is an icon in Silicon Valley and startup culture around the world. He founded multiple successful companies (Epinions during the 2000 dot-com crash, and AngelList in 2010). Naval is also an angel investor, betting early on companies like Uber, Twitter, Postmates, and hundreds more.
Here's the formula:
Happiness = Health + Wealth + Good Relationships
Health = Exercise + Diet + Sleep
Exercise = High-Intensity Resistance Training + Sports + Rest
Diet = Natural Foods + Intermittent Fasting + Plants
Sleep = No alarms + 8–9 hours + Circadian rhythms
Wealth = Income + Wealth * (Return on Investment)
Income = Accountability + Leverage + Specific Knowledge
Accountability = Personal Branding + Personal Platform + Taking Risk?
Leverage = Capital + People + Intellectual Property
Specific Knowledge = Knowing how to do something society cannot yet easily train other people to do
Return on Investment = “Buy-and-Hold” + Valuation + Margin of Safety
The Pareto principle states that 20% of the input leads to 80% of the results. This formula gives 20% of input, leading to 80% of happiness.
Have a great weekend.
Zubby
🤖 AI’s Summary:
I asked ChatGPT to summarize this newsletter:
Naval Ravikant, a Silicon Valley icon, shared a formula for happiness in his book, The Almanack of Naval Ravikant. Happiness = Health + Wealth + Good Relationships, where Health includes exercise, diet, and sleep, while Wealth includes income and return on investment. This formula provides 20% of input that leads to 80% of happiness.
*Not entirely accurate: The book was written by Eric Jorgenson
💬 Quote of the week:
"We think of ourselves as fixed and the world as malleable, but it’s really we who are malleable and the world is largely fixed."
Naval Ravikant
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Until next week, take care!
Zubby.