^ Thanks for reporting back, that was quicker than expected
. I should try increasing the play speed as well, even though with podcasts like these I need some time to think as well what is actually being said.
I have gotten used to listening to podcasts at faster speeds, but I did have to slow down with Naval. He has a lot of ideas in a short amount of space (dense material), so I was probably around 1.2x with him.
It sure is different when at an older age already and not fully in the accumulation phase anymore.
I think so, too. I also have a bit of a dilemma regarding even hypothesizing myself in my early 20s. Of course, I was a lot more receptive to do a lot of things and to learn a lot of things, but even in my early 20s, I was still stubborn in some regards in terms of wanting to learn what I wanted to learn - I was limited. So, in that regard, I might have been able to really advantage myself from the teachings of Naval; however, at the same time, I might not have been able to understand certain aspects of what he is saying, like I can today.
Maybe that is part of the reason that younger people today can really end up putting themselves on a different path than what was even available to me in my early 20s. Of course, learning these days too, is a lot more communication enhanced, which can complicate matters, but creates leverage that was not available when I was in my 20s.. I am not so much receptive to attempting to learn how to maximize my profits from using such leverage today because I am at a different stage of maintaining rather than accumulating and even entering into a kind of quasi-liquidating stage of my life... which I recognize that I am repeating myself, too.
But perhaps when looking back you made a lot of (unconscious) choices that put you in the position you currently are?
Looking back, I feel that I got lucky in a lot of ways. I do recognize that a few things that I did that really put myself ahead is living within my means, always investing a portion of my savings and engaging in some kinds of active experimentation and monitoring of my investments - including using credit for investment (not consumption). One of the areas that I was lacking, and maybe even continue to be lacking is the desire and pursuit of money. So there have likely been times in which I could have pursued some avenues of life to actually monetize my activities better, and I chose non-monetizing and even less monetizing routes - but I still did end up getting some fairly lucrative gigs along the way - which I kind of attribute to kinds of luck.
I did not have this laser focus either building some kind of product or brand to get me financially independent. But just being honest and reliable, living below your means, freelancing instead of wage slavery, buying equity, etc, apparently goes a long way.
Yes, being aware of these various these various trade offs does likely end up having longer term payoffs, a kind of compounding benefit as Naval seems to suggest that ends up paying off later down the road in BIG kinds of ways.
Using ‘leverage’ in many different forms is of course where the real profits are (unfortunately I can’t code, but still want to learn some Python one day to automate certain repetitive tasks).
There likely still can be ways to use some of the concepts, even if we are older and might not be in the prime of our career.
So we might have some questions regarding whether learning some new skills might benefit ourselves, whether it is financially, psychologically or our physical health... and so yeah, some of those skills can provide certain kinds of leverage, too.
With bitcoin there can be some advantages to learning some kinds of code, too.. just to be able to look at code or to verify whether certain kinds of equipment, software or set-ups might be secure or learning how to ensure that you are able to monitor or lessen some security holes within our newly found way of holding and transmitting value, aka through king daddy.
Was not aware the Naval guy had more podcasts, his tweets are the short versions I guess. Will have a look at overcast.fm, bit afraid I soon need more houses to paint!
I was pretty early in the listening to podcasts space. I believe that I was listening to podcasts in 2007 or maybe even a bit earlier than that. I was a pretty BIG fan of books on tape and even checking out various books on tapes from libraries in the 80s and 90s and early 2000s. Audio predecessors to podcasts.
Of course, there were not that many podcasts available back then, and even a lot of the earliest podcasts that I listen to are no longer even putting out current editions. I kind of got into the habit of listening on headphones or in the car or when I was doing various chores (at least the less mind-intensive chores). I cannot recall using 2x features until around 2012 or maybe it was even later than that.. because I recall when I started using overcast, it allowed variations in playback speeds that were more gradient compared to what Itunes was then offering. Only recently (within the past year or two, perhaps?) has YouTube been allowing for variations in the playback speeds.
Sometimes listening can be a lot easier, but probably Naval is correct when he asserts that reading gives a way better potentiality for learning at a higher level. There can be value in absorbing materials in various ways, but writing can also be helpful in terms of showing the degree that you understand some materials, too. But, yeah, if you are doing a variety of chores, whether painting or some other chores, it could be helpful to have some materials - even while there can also be some value in just staring at the paint too (aka meditating), as that earlier pic of you seems to have captured.