naval ravikant

The Naval Podcast – Specific Knowledge is Highly Creative or Technical

Check out Naval’s Episode Page & Show Notes

This podcast clip is part of an ongoing conversation between Naval Ravikant and Babak 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

Naval's Podcast and Periscope Sessions : , , , , ,
Notes By MMiller

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