Naval Ravikant

Naval Ravikant quotes on long-game

Indian-American entrepreneur and investor. He is the co-founder, chairman, and former CEO of AngelList.

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1

All self-help boils down to "choose long-term over short-term."

2

Decisions: • If you can’t decide, the answer is no. • If two equally difficult paths, choose the one more painful in the short term (pain avoidance is creating an illusion of equality). • Choose the path that leaves you more equanimous in the long term.

3

Smart partners negotiate fair deals because they know that lopsided deals are fragile and that most value accumulates in long term trust relationships. You can tell a lot about a potential partner by their opening offer.

4

An individual’s values, a company’s mission, and a nation’s constitution, all attract long term players playing long term games.

5

Founders run every sprint as if they’re about to lose, but grind out the long race knowing that victory is inevitable.

6

We waste our time with short term thinking and busywork. Warren Buffett spends a year deciding and a day acting. That act lasts decades.

7

Morality and ethics automatically emerge when we realize the long term consequences of our actions.

8

The classical virtues are all decision-making heuristics to make one optimize for the long term rather than for the short term.

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