The Most Important Skill to Get Rich

Author

Mario Peshev
December 11, 2021

Estimated Reading Time: 3 mins

Quote Worth Thinking About On...

Lies

“A reliable way to make people believe in falsehoods is frequent repetition, because familiarity is not easily distinguished from truth. Authoritarian institutions and marketers have always known this fact.”

— Daniel Kahneman, Psychologist, Economist, and Noble prize winner

Best Ideas From Great Thinkers

1

The Most Important Skill to Get Rich

Philosopher and investor Naval Ravikant on the skill behind riches:

"The most important skill for getting rich is becoming a perpetual learner. You have to know how to learn anything you want to learn. The old model of making money is going to school for four years, getting your degree, and working as a professional for thirty years.

But things change fast now. Now, you have to come up to speed on a new profession within nine months, and it’s obsolete four years later. But within those three productive years, you can get very wealthy.

It’s much more important today to be able to become an expert in a brand-new field in nine to twelve months than to have studied the “right” thing a long time ago."

Big idea: Perpetual learning is the most important skill for getting rich and building wealth.

2

The Disease Prevention Superfood

Renown nutritionist and physician Dr. Michael Greger on the superfood that may help you live longer:

“For disease prevention, berries of all colors have “emerged as champions,” according to the head of the Bioactive Botanical Research Laboratory.

The purported anticancer properties of berry compounds have been attributed to their apparent ability to counteract, reduce, and repair damage resulting from oxidative stress and inflammation. But it wasn’t known until recently that berries may also boost your levels of natural killer cells.”

Big idea: Berries are a disease prevention superfood.

How to Cure Sadness

Author T.H. White on the benefits of sadness:

"The best thing for being sad… is to learn something. That is the only thing that never fails.

You may grow old and trembling in your anatomies, you may lie awake at night listening to the disorder of your veins, you may miss your only love, you may see the world about you devastated by evil lunatics, or know your honor trampled in the sewers of baser minds. There is only one thing for it then — to learn.

Learn why the world wags and what wags it. That is the only thing which the mind can never exhaust, never alienate, never be tortured by, never fear or distrust, and never dream of regretting."

Big idea: Learning is the cure to sadness.

Useful Tools and Resources

4

Write Better English

​​Ludwig​ is a simple search engine and smart translator that helps you find the perfect word or sentence to express your ideas.

5

Stay Organized On What's Important Without Damaging Important Documents

Whether you read a lot of books, hoard notebooks, or review a ton of proposals, it's easy to lose track of key points and use sticky notes (or highlighting) that damage important pages.

​​Redi-Tag Divider Sticky Notes​ is a useful tool that helps you tag and annotate important pages on any book or document, so you always keep track of what's important.

"I'm glad I tried this product, I often having meetings with varies proposals that need a signature or review. I've been using this to write key points I want to review and to tab signature pages. I have used the smaller "sign here" tabs that also work in some cases. I really like this so I can mark key notes." - Erin

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Should It Be A Meeting?

A brief ​interactive questionnaire​ to help you decide whether you need to schedule 'that' meeting or not.

"[O]n average, we spend more than 3 months per year in meetings."

Brain Food

Wisdom: Wise people speak because they have something to say. Fools talk because they have to say something.

Today I Learned: There is a word for the inability to remember a particular word or name: lethologica. (​Source​)

Thank you for reading,

The Smarter Brain Team