Making money is not a thing you do—it’s a skill you learn. (Location 197)

do it. It is much more about understanding than purely hard work. (Location 203)

You should not grind at a lot of hard work until you figure out what you should be working on. (Location 205)

You’re not going to get rich renting out your time. You must own equity—a piece of a business—to gain your financial freedom. (Location 218)

You will get rich by giving society what it wants but does not yet know how to get. At scale. (Location 220)

Play iterated games. All the returns in life, whether in wealth, relationships, or knowledge, come from compound interest. (Location 225)

Don’t partner with cynics and pessimists. Their beliefs are self-fulfilling. (Location 228)

Specific knowledge is found by pursuing your genuine curiosity and passion rather than whatever is hot right now. ↓ Building specific knowledge will feel like play to you but will look like work to others. (Location 234)

Labor means people working for you. It’s the oldest and most fought-over form of leverage. Labor leverage will impress your parents, but don’t waste your life chasing it. (Location 247)

Capital and labor are permissioned leverage. Everyone is chasing capital, but someone has to give it to you. Everyone is trying to lead, but someone has to follow you. (Location 249)