Naval’s Periscope Session (10/9/18) – Part 1

Watch Here

  • Naval is using a new mic – a Shure microphone
  • He’s mostly doing yoga these days, rather than the Happy Body Program
  • Naval hasn’t been Periscoping that much – he has a reason
    • “I’m a lot more calm, relaxed, and happy these days, and don’t want to ruin that with Twitter – that’s why I’m tweeting a lot less”
  • Twitter messes up your vibe
    • Everyone wants to signal how smart they are, or get outraged about something
    • Many people take things out of context
    • “It’s getting to be a very difficult place to hang out”
    • Naval recently deleted the Twitter app off his phone and iPad, in order to try and use it less
      • He lost many of his tweet drafts, on accident, not realizing that Twitter doesn’t store these things in the cloud
    • Another reason Naval has been using Twitter less – he doesn’t like the guru personality he’s developing
      • “It’s good for my ego, but it’s not good for me long term. It means that I can’t be as free in what I think and say”
      • Note from Podcast Notes – We realize that by posting these notes, we are only contributing to the “guru” personality. That being said, there is value in people hearing (or reading) what Naval has to say.
  • Naval recently read Skin in the Game by Nasim Taleb….very slowly, in order to full absorb everything
    • He read 2-4 pages at a time, and took lots of notes
    • Naval will be interviewing Nasim Taleb at Blockchain Con 2018 on 10/11- he’s very excited for it
  • “I don’t track the number of books I read, it’s not a relevant metric, at all”
    • Books read is just a vanity metric
    • If you read one book a year that changes your life, that’s all it takes
    • Reading books is a single player time
    • Skim many books, and dive deep into what interests you
    • Explore a lot of books until you decide there’s something there to exploit
  • How do you get smarter?
    • Read a lot
  • Discipline is over rated
    • “Discipline is just you fighting with yourself to do something you don’t want to do”
    • It’s more important to find something you want to do, that can be productive as well
    • Self-discipline isn’t really sustainable
  • Meditation
    • Naval has built a serious meditation practice recently – in this Twitter Q&A, he said he meditates for an hour in the morning
    • People use meditation to “show off” – it turns into a competition, but it’s nonsense – “Meditation is the ultimate single player activity”
    • Meditate because you enjoy it, not to accomplish or achieve something 
    • Meditating for only 20 minutes, doesn’t work for Naval – it took him meditating for about an hour or more each day to really experience the benefits
    • “I sit down now, and close my eyes for the sheer pleasure of it”
    • People have uncontrollable thoughts when they sit to meditate, because they have unresolved issues that they need to sort through and think about….and they’re not 
      • It may take months to sort through them, but when you do, the benefit is a clear mind
    • “If it was good enough for the Buddha to just concentrate on his breath, it’s probably good enough for you”
    • Naval’s system
      • Sit down for an hour minimum each morning, keep your back straight, and just surrender to whatever happens
      • “Don’t put any effort into it, don’t put any effort against it” – just accept whatever happens
    • “It’s like free happiness” – When your mind is clear, what remains is peace, and if you’re in a peaceful state, it’s almost equivalent to happiness
  • On fears and death
    • “All fears are children of the fear of death”
    • It’s a good question to ask – “Why do we fear death?” – You’re essentially dead every night during sleep, same thing if you’re under anesthesia
    • We’re afraid of death, because we fear we haven’t utilized our time here on earth wisely
      • If you were living your ideal life, and it was fulfilling moment to moment, then you wouldn’t fear death
      • “Life is actually really long, it’s just that we waste it”
      • “If you’re truly living life on your terms, and you are happy, you’ll find that you are less afraid of death”
      • “It’s not that we fear death, it’s that we fear not living the life we want”
      • Start living the life you want now…. don’t put it off
  • “The singularity is just religion for nerds”
    • It may happen, it may not…probably not
  • Hope is ultimately a trap
    • “Hope is you thinking things will be better tomorrow, and not really embracing things that you have today”
    • Hope is too much living in the future
  • Naval wishes he had an anonymous Twitter account, but he doesn’t want to build up a following again from scratch
    • The anonymous accounts are the ones that can tell the most truth, and freely express themselves
    • Social media is all signaling, and projecting an idealized imaged self – “My anonymous account would be a lot more honest, extreme, and controversial”
    • “Anonymity is key to free expression”
  • Crypto
    • Naval has slowed down crypto investing, and plans to take a passive/hands off approach for a while
    • It was more interesting to him before it got so mainstream
  • How do you start living the life you want, when you don’t have enough money?
    • “Not wanting something is as good as having it” – from a Twitter account Naval follows
    • Indifference is the ultimate super power – this works in negotiation, relationships, and business opportunities
    • “Detachment is necessary for peace, and peace is necessary for happiness”
    • Be passionate about one thing at a time, but have indifference towards everything else
    • Don’t be passionate about things you can’t control, like politics
  • Read about Girard’s Mimetic Theory – it’s a model that’s worth knowing about
    • The most important part to know about – our desires are often copied from other people
    • This is why Peter Thiel says to avoid competition – when you’re competing with people, you’re competing over desires you’ve most likely copied from them
    • Also, don’t scapegoat people
Check out the Notes for Part 2
Facebooktwitterredditmail

Don't Miss Out!

The top Takeaways, Lessons, Learnings and Quotes from the BEST podcasts each week in your inbox every Monday

Before You Go, Don't Miss Out!

The top Takeaways, Lessons, Learnings and Quotes from the BEST podcasts each week in your inbox every Monday