1 of 83

Naval

for Kids

Things your school & parents won’t teach you.

By Thiyagarajan Maruthavanan

Managing Partner, Upekkha

mtrajan.com

2 of 83

How to find your game?

mtrajan.com

3 of 83

Pick what feels like play to you but looks like work to others.

mtrajan.com

4 of 83

Keep redefining what you do �until you find what you love to do.

mtrajan.com

5 of 83

Find your �‘Game Player One’ fit.

I am the number One player in world.

Play that I enjoy.

Game the world likes to pay for.

mtrajan.com

6 of 83

Winner

Zero-sum games have�winners and losers.

Loser

Most sports are like that.

mtrajan.com

7 of 83

Pick a positive-sum game.

That is called a win-win.

Avoid a zero-sum game; it creates conflict.

mtrajan.com

8 of 83

Are zero-sum games. Avoid them.

Politics

Academia

Status

Applause now, emptiness later.

mtrajan.com

9 of 83

Gambling

Timing cycle or trend

Buy & Sell stocks daily

Are negative-sum games. They are much worse.

mtrajan.com

10 of 83

Investing in family, wealth, health, peace, & knowledge are positive-sum games.

Pain now, gain later.

mtrajan.com

11 of 83

An individual's values, a company's mission, & a nation's constitution attract long-term players.

Attract long-term players!

Pick something and stand for it.

mtrajan.com

12 of 83

One that

makes you money.

One that

keeps you fit.

One that

Keeps you creative.

Pick 3 hobbies:

mtrajan.com

13 of 83

How to win �in your games?

mtrajan.com

14 of 83

In negotiations, �whoever cares less wins.

mtrajan.com

15 of 83

In games that involve betting, don’t get killed.

Don’t play Russian roulette.

mtrajan.com

16 of 83

Nature has made most of us for frequent, visible, and small wins,

blind to infrequent, hidden, death-like risks.

Don’t pick pennies that can lead you to disaster.

mtrajan.com

17 of 83

Founders bleed every day, but when they win, they win big.

mtrajan.com

18 of 83

Diet, Workouts, etc.

Consistency is the key

Linear

domain

Therefore, build systems and habits.

mtrajan.com

19 of 83

Investments, Relationships, etc.

Double down after �conviction

Non-linear �domain

Once you find the right friend, partner, or investments, then go after them.

mtrajan.com

20 of 83

How to improve the

quality of your life?

mtrajan.com

21 of 83

For a happy life, retain a sense of wonder.

Be curious.

Naval @naval

One path to a happy life is to retain a sense of wonder.

mtrajan.com

22 of 83

An overscheduled life is a misery.

Keep as much free time on your calendar as possible.

mtrajan.com

23 of 83

To know your quality of life, simply do nothing and see how it feels.

mtrajan.com

24 of 83

The quality of your mind decides the quality of your life.

mtrajan.com

25 of 83

Good life is:

UNDERSTANDING

FREEDOM FROM CARE

EFFORTLESS SELF-DISCIPLINE

mtrajan.com

26 of 83

How to be �healthy?

mtrajan.com

27 of 83

Set priorities in the following order:

Naval @naval

A healthy man wants a thousand things. A sick man only wants one.

-Confucius

Health

Happiness

Money

mtrajan.com

28 of 83

FUTURE ?

NOW

Take care �of your health, and �don’t worry too much.

mtrajan.com

29 of 83

CALM

PRESENT

BREATH

Move your body, rest your mind.

mtrajan.com

30 of 83

Have a cold bath.

mtrajan.com

31 of 83

Be more with people, less with screens.

mtrajan.com

32 of 83

Science knows little about nutrition and diet, yet it's more polarized than politics & religion.

It’s better to Listen to your grandma than a doctor or science when it comes to nutrition. #Lindy

mtrajan.com

33 of 83

Question

Approve

New Observations

New Daydreams

Test to Prove Wrong

How Science works

Observe

Do

Survive Time

Propel

How Wisdom works

Reminder on #Lindy from #TalebForKids.

mtrajan.com

34 of 83

#TalebForKids

Adding

By Subtracting

In medicine and nutrition, remove before adding.

Life improves by reducing.

mtrajan.com

35 of 83

Do intermittent fasting to improve physical health.

mtrajan.com

36 of 83

The world's simplest diet: the more processed the food, the less one should consume.

mtrajan.com

37 of 83

How to be happy?

Is it that hard?

mtrajan.com

38 of 83

You cannot give or take happiness. �It is a choice.

mtrajan.com

39 of 83

Happiness comes from being satisfied with what you have.

mtrajan.com

40 of 83

Phone

Calendar

Clock

You can get time and happiness by reducing 3 things:

mtrajan.com

41 of 83

Money can’t buy happiness, but it can buy freedom.

mtrajan.com

42 of 83

Those who live below enjoy freedom that people busy changing goal posts cannot understand.

Moving Goal Post

Live Below Means

mtrajan.com

43 of 83

Happiness without material comfort is playing on hard mode.

mtrajan.com

44 of 83

Don’t worry about status

Be Curious

mtrajan.com

45 of 83

How to train your habits?

mtrajan.com

46 of 83

Naval @naval

The greatest superpower is the ability to change yourself.

New �Goals

Old Habits

mtrajan.com

47 of 83

Naval @naval

Changing habits:

Pick one thing. Cultivate a desire. Visualise it.

Plan a sustainable path.

Identify needs, triggers, and substitutes.

Tell your friends.

Track meticulously.

Self-discipline is a bridge to a new self-image.

Bake in the new self-image. It’s who you are, now.

mtrajan.com

48 of 83

Naval @naval

When building habits, choose consistency over content.

The best book is the one you can’t put down.

The best exercise is the one you enjoy doing every day.

The best health food is the one you find tasty.

The best work is the work you’d do for free.

mtrajan.com

49 of 83

How to choose? The best superpower of humans.

mtrajan.com

50 of 83

If you can’t decide, the answer is no.

Pick the hardest choice now

HARD NOW

EASY NOW

mtrajan.com

51 of 83

How to convince someone?

mtrajan.com

52 of 83

How to convince someone?

Remember the keyword, CLASSR, taught by Robert Cialdini.

mtrajan.com

53 of 83

Consistency

The burning desire to be trustworthy forces people to be consistent with what they do. Use that to convince others.

mtrajan.com

54 of 83

Liking

Most say yes to those they like. Be likable.

mtrajan.com

55 of 83

Authority

Authority figures convince people. Say it with confidence.

mtrajan.com

56 of 83

Scarcity

When in short supply, it becomes valuable. Reduce the time with your loving parent and see what happens.

mtrajan.com

57 of 83

Social Proof

Humans like to follow crowds and seek validation in the choices of others. Why we go to restaurants that have a queue outside?

mtrajan.com

58 of 83

Reciprocity

People feel an obligation to return a favor. Before you ask someone something, give a gift.

mtrajan.com

59 of 83

How to build your brand?

mtrajan.com

60 of 83

Brand = Recall

How are you�remembered?

mtrajan.com

61 of 83

Input�(Resources)

Activities

Output

Outcome

It is outcome (perceived), not output (what you did).

mtrajan.com

62 of 83

How do you get world to notice?

What do you say and do?

How do you do this?

Why are you doing this?

You have to stand for something and be consistent.

mtrajan.com

63 of 83

How to read?

mtrajan.com

64 of 83

Don’t feel the obligation to finish any book.

Find the 100 best books for yourself and read them again and again.

Read only what you love.

mtrajan.com

65 of 83

How to �become lucky?

Wait, can you really do that?

mtrajan.com

66 of 83

Hope luck finds you.

1

2

Go to places where luck finds you.

3

4

Prepare your mind and be sensitive to chances.

Become the world's best at one game, and chance will find you.

mtrajan.com

67 of 83

Blind �luck

Motion luck

Spotting luck

Crazy luck

Alexander Fleming

Next Sachin Tendulkar

Deep Sea

Diver

Lottery Winner

1

2

3

4

mtrajan.com

68 of 83

How to find your �Magic Wand �(leverage)?

mtrajan.com

69 of 83

Naval @naval

In an older society with few resources and mechanical work, the scheduled life is the most productive.

In a modern society with permissionless leverage and creative work, the unscheduled life is the most productive.

Then

Now

mtrajan.com

70 of 83

Naval @naval

Engineers are leveraged creatives who generate repeatable solutions to practical problems.

Engineering automation increases leverage, productivity, and the scope of problems that engineers can tackle.

Until we become Gods, society has an unlimited demand for creative engineers.

mtrajan.com

71 of 83

Naval @naval

You won't get rich renting out your time.

mtrajan.com

72 of 83

Naval @naval

In an age of permissionless leverage, judgement, not work, determines success and failure.

Good judgment is the product of a calm and curious mind, reasoning without motivation and attachment.

Whatever strengthens your ego weakens your judgement and, ultimately, your success.

mtrajan.com

73 of 83

Naval @naval

Both true.

In an age of leverage, one correct decision can win everything.

Without hard work, you‘ll develop neither judgement nor leverage.

Incentive bias skews us towards saying it’s overrated.

To offset that bias, work harder.

mtrajan.com

74 of 83

Keep changing your objective until it arrives at your specific knowledge, skill sets, position, capabilities, location, and interests. Your objectives and skills should converge to make you number one.

mtrajan.com

75 of 83

How to ask?

And what advice to ignore?

mtrajan.com

76 of 83

Naval @naval

Reject most advice.

mtrajan.com

77 of 83

Naval @naval

It is the mark of a charlatan to explain a simple concept in a complex way.

mtrajan.com

78 of 83

Most advice is�people giving you their winning lottery ticket numbers.

mtrajan.com

79 of 83

How does a school help? �It doesn’t.

mtrajan.com

80 of 83

Naval @naval

If the primary purpose of school was education, the Internet would have obsoleted it. But school is mainly about credentialing.

mtrajan.com

81 of 83

Naval @naval

Schools are prisons for the lucky kids, and prisons are schools for the unlucky kids.

mtrajan.com

82 of 83

Naval @naval

The overeducated are worse off than the undereducated, having traded common sense for the illusion of knowledge.

mtrajan.com

83 of 83

Naval

Thanks for

Reading!

Connect at thiyagarajan@upekkha.in

@avnish.

rajkumar69

@mtrajan

for Kids

Graphics assistance by delesign.com

mtrajan.com