Labor and Capital Are Old Leverage
Naval
English - April 15, 2019 11:06 - 4 minutes - 4.33 MB - ★★★★★ - 2.1K ratingsInvesting Business Technology education technology engineering gettingrich investing learning science startups wealth Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Take Accountability to Earn Equity
Next Episode: Product and Media Are New Leverage
Wealth requires leverage. Labor and capital are older forms of leverage that everyone is fighting over.
• Our brains aren't evolved to comprehend new forms of leverage 0:00
• Society overvalues labor leverage 1:08
• You want the minimum amount of labor that allows you to use the other forms of leverage 1:56
• Capital has been the dominant form of leverage in the last century 2:40
• You need specific knowledge and accountability to obtain capital 4:52
Transcript: http://nav.al/labor-capital