Episode #019 - Book Review: The Almanack of Naval Ravikant

This episode is another in our book review series of discussions.  Today we discussed The Almanack of Naval Ravikant by Eric Jorgenson.  Naval is an angel investor with a tech/startup background and a heavy interest in the philosophy and creation of health, wealth, and happiness.  The book (and many helpful bonus resources) can be found for free at navalmanack.com  We found this to be a very thought-provoking book and we hope you enjoy the conversation.  We will be reading In Defense of Food by Michael Pollan during the month of September and would welcome you to read along and offer any questions/comments you have. Remember, if you have any questions or comments, or topic ideas you'd like to hear discussed in future episodes, please feel free to reach out to us at [email protected] As a reminder, none of this should be considered financial advice, this discussion is for education/entertainment only. Show Notes: (00:51) - Introduction (03:54) - Book summary (05:54) - Who is Naval? (08:25) - What is wealth? (13:20) - The importance of owning equity (19:30) - Living below your means (23:27) - Taking ownership of your finances (26:43) - What assets should you buy? (28:08) - Dollar cost averaging (30:00) - Start now and use the power of compounding (31:20) - Avoiding lifestyle creep (32:03) - Find happiness first (40:20) - Technology interacting with Kinesiology careers (47:32) - Intellectual curiosity and following your specific skills/interests (49:15) - Avoiding money traps (54:30) - More money vs. fewer needs (01:02:55) - Ethics and integrity in wealth creation (01:07:01) - What is health? (01:08:00) - Action items for health (01:12:10) - Processed vs. unprocessed foods (01:15:40) - Barriers to impact (01:19:20) - The modern struggle (01:22:16) - Happiness vs. success (01:23:38) - Habits for happiness (01:28:20) - Compounding interest in relationships (01:38:40) - Conclusion: What are we excited about and/or learning about this week?   Extreme Energy by MusicToday80: https://soundcloud.com/musictoday80/r... Attribution 3.0 Unported (CC BY 3.0) https://creativecommons.org/licenses/... Music provided by Free Vibes: https://goo.gl/NkGhTg