Eric Jorgenson is a fellow podcast host, investor, and author based in Kansas. In this rich episode, Eric joins us to discuss his excellent compilation of wisdom from the Silicon Valley icon Naval Ravikant. Our cheerful yet deep conversation spans from wealth creation to new perspectives on innovation, leverage, happiness, health, and... flying cars.The episode was recorded on February 7, 2022. For more info about the podcast, go to the episode page.—————————————Episode Chapters(00:00) Intro to Eric, Naval and the book(07:58) Finding Naval Ravikant(09:51) Book inspiration for Naval’s almanack(12:41) Happiness vs. Wealth(15:36) How to get rich without getting lucky(19:21) What to avoid and what to do to reach wealth(23:48) Innovation - the frontier of humanity(31:28) Compounding beyond capital(34:34) Leverage of tools, products, people and capital(43:59) FIRE, Capital vs. Time, Want vs. Have(50:06) Happiness - a choice(55:45) How to prioritize health(1:00:17) Time vs. Return: The 1h meditation(1:05:03) Future readers’ interpretations(1:09:59) Avoiding desire machines(1:11:24) Eric’s time allocation(1:22:41) Where is my flying car? (1:26:40) A new book idea—————————————Books MentionedThe Almanack of Naval Ravikant - Eric JorgensonPoor Charlie’s Almanack - Peter D. KaufmanPrinciples - Ray Dalio Zero to One - Peter ThielSeeking Wisdom - Peter BevelinBerkshire Hathaway Letters to Shareholders - Max OlsonThe Joys of Compounding - Gautam BaidWhere Is My Flying Car? - J. Storrs Hall—————————————Articles Mentioned Interview with Gautam Baid - Bo Börtemark, Investing by the Books: http://www.investingbythebooks.com/columns/2019/7/31/interview-with-gautam-baid-author-of-the-joys-of-compounding-the-passionate-pursuit-of-lifelong-learningHow to Manage Opportunity Cost - Eric Jorgenson: https://www.ejorgenson.com/blog/opportunity-cost-attention-thresholds—————————————More on Eric JorgensonTwitter: https://twitter.com/EricJorgensonWebsite: https://www.ejorgenson.com/—————————————About the podcastIntro episode: https://www.redeye.se/podcast/investing-by-the-books/817383/0-intro-to-investing-by-the-booksTwitter: https://twitter.com/IB_Redeye—————————————What is Investing by the Books?Investing by the Books was founded by Henrik Andersson, Bo Börtemark, Mats Larsson and Michael Persson. It has published hundreds of book reviews in the past 10 years and operates on a non-profit basis. Visit the website: http://www.investingbythebooks.com/Follow on Twitter: https://twitter.com/Investbythebook—————————————What is Redeye?Redeye is a research-centered boutique investment bank from Stockholm. Founded in 1999, Redeye cultivates investors through timeless knowledge, a humble attitude, and a strong focus on quality. Visit the website: https://www.redeye.se/Follow on Twitter: https://twitter.com/Redeye_—————————————DisclaimerNotice that the content in this podcast is not, and shall not be construed as investment advice. This information is meant to be informative and for general purposes only. For full disclaimer, visit Redeye.se