The Almanack of Naval Ravikant

A guide to wealth and happiness.


5 of 20

Leverage: Capital, Code, and Media

Three types of leverage:

  1. Labor – others’ time (limited).
  2. Capital – money working for you.
  3. Code / Media – permissionless leverage, scalable forever.

“Fortunes require leverage.”

Takeaway

Use tools that work while you sleep: software, content, or capital.


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