The Naval Podcast – Specific Knowledge is Highly Creative or Technical

Check out Naval’s Episode Page & Show Notes

This podcast clip is part of a conversation between Naval Ravikant (@naval) and Babak Nivi (@nivi). Unless otherwise noted, quotes are from Naval. For reference, check out Naval’s famous How to Get Rich tweet storm.

Key Takeaways

  • Warren Buffet once went to Benjamin Graham, author of The Intelligent Investor, and offered to work for him for free so he could learn about investing
    • Benjamin told him – “Actually you’re overpriced. Free is overpriced.”
      • Apprenticeships are VALUABLE – if specific knowledge can somehow be taught, this is how
  • Specific knowledge tends to be highly technical or creative – on the bleeding edge of art, communication, or tech
  • An example of specific knowledge – what Scott Adams, the creator of Dilbert, has done with his career
    • He’s essentially becoming one of the most credible people in the world by making persuasive arguments and videos on Periscope
      • What he does will NEVER be automated
  • Specific knowledge can only be built by spending lots of time doing whatever you’re obsessed/interested in
    • It can’t be taught in a book or course
  • Career Advice –  Aim to get in the 10-25th percentile of 2-3 things and then combine them instead of trying to be the very best at only one thing
    • Scott Adams originated this idea in this blog post
    • For example: Become a very good writer and knowledgeable about finance – then write about finance
  • Double down on what you’re a “natural” at
    • Everyone is a natural at something
    • “Take the things that you are natural at and combine them so that you automatically, just through sheer interest and enjoyment, end up top in the top 25% or top 10% or top 5% at a number of things.”

These notes were edited by RoRoPa Editing Services

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