The highest form of wealth: Time, location, financial, and, mental freedom. Being rich is pointless if you have no peace of mind.

Life rule: Never upgrade your lifestyle too fast.

How to build wealth: 1. Make money 2. Buy assets 3. Live below your means Simple. Not easy.

You’ll never regret reading especially something you enjoy that improves your knowledge. Most successful people throughout history were avid readers.

Embrace the power of compounding. All the great things in life come from compound interest.

Outcome is overrated. Process is underrated.

5 words that separate the good from the great: Flawless execution of the fundamentals.

Focus is a scarce commodity. Stand out from the crowd by being able to go deep in your talent area.

Allow yourself to block things that disrupt your inner peace. Inner peace is the ultimate aim.

Playing the long game in life is the ultimate happiness hack.

Your true riches in life are: - time - health - freedom Money is just a tool for buying them.

Humility is the gateway to attaining wisdom. Avoid using words like “always” and “never” as nobody can ever be so certain about most subjects.

The more active you’re investing the the lower your returns will be.

Step 1: Make money Step 2: Buy appreciating assets Step 3: Spend less than you earn Step 4: Consistently repeat steps 1-3

Keys to longevity: -Move your body regularly, sometimes hard -Eat whole foods -Lean body mass -Don't smoke -Don't drink much, if at all -Go outside -Build community -Sleep at night At this point everything else is hype. Don't "optimize" your life so much you forget to live it.

Don’t break the thread. #investing #life

Only 8.2% of professional investors can beat the S&P 500 index over 20 years. For most normies it’s best to just stick to investing in the index and forget.

How to increase your luck: - Read more - Write more - Build more - Meet more people - Introduce more people Luck often comes from putting in more reps.

I turned 40 this year. These are the things I wish I had known at 20. Starting with... 1. Develop the ability to add and delete habits. I’ve observed that recovering addicts can have an edge on normal people--they have come to the stark realization that change is existential.