Naval Ravikant

Naval Ravikant quotes on short term

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

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

4

Simple heuristic: If you're evenly split on a difficult decision, take the path that's more painful in the short term.

5

The market may be irrational in the short term, but so are you if you think that you can time it.

6

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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