Everything we've discussed so far has been setting you up to apply judgment.
• In an age of infinite leverage, judgment becomes the most important skill 0:00
• Everything else you do is setting you up to apply judgment 1:21
• Judgment is knowing the long-term consequences of your actions 2:40
• Without experience, judgment is often less than useless 3:15
• The people with the best judgment are among the least emotional 4:05
• A lot of the top investors often sound like philosophers 5:18
• The more outraged someone is, the worse their judgment 6:00
Transcript: http://nav.al/judgment
Productize Yourself
There Are No Get Rich Quick Schemes
A Calm Mind, a Fit Body, a House Full of Love
Reject Most Advice
Eventually You Will Get What You Deserve
Play Stupid Games, Win Stupid Prizes
Escape Competition Through Authenticity
Keep Redefining What You Do
Be Too Busy to “Do Coffee”
Work As Hard As You Can
Set an Aspirational Hourly Rate
Example: From Laborer to Real Estate Tech
Pick a Business Model With Leverage
Product Leverage Is Egalitarian
Product and Media Are New Leverage
Labor and Capital Are Old Leverage
Take Accountability to Earn Equity
Embrace Accountability to Get Leverage
There's No Actual Skill Called Business
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