Naval interviews Matt Ridley, the author of The Red Queen and, recently, How Innovation Works. Transcript I don’t have heroes, but there are people who I look up to and have learned a lot from, and Matt Ridley, who is on the line, has got to be near the top of that list. More

We have another podcast called Spearhead, where we discuss startups and angel investing. This is a compilation of recent episodes. Also, see Part 1. Everybody Thinks They Already Have Good Judgment It takes years to know if you have good judgment For the past few episodes, we talked about why you should angel invest and how to get proprietary dealflow by building a brand. More

What’s considered to be true is fought over. Individuals search for truth but groups search for consensus—and society is the largest group. So the biggest problem we run into is this: What society wants for you is not always what’s good for you. Even smart, critical thinkers go along with many of society’s truths, knowing deep down they are lies.  Here’s a simple example: “Money won’t make you happy” More

The search for peace is really the search for truth. Try to see the advantage of understanding things by discovering the truth rather than by practice. Let’s say I’m trying to quit smoking. There are techniques I can try, but they’re always painful and difficult. Often, a moment will come when I see myself in a new way that allows the habit to disappear by itself. More

I put out this tweet a while back: “The closer you are to the truth, the more silent you become inside.” We intuitively know this. When someone is blabbing too much or being the court jester, you know they’re not at peace. You know Robin Williams was not peaceful inside. More

In some ways, modern life is more hectic than prehistoric times. Our sources of stress are more chronic. Let’s define stress. In physical terms, stress happens when something wants to be in two places at one time. If I apply pressure to both ends of an iron beam, I create stress on the beam because one part wants to be north and the other part wants to be south. More

Let’s talk about peace, and then we’ll talk about truth and how they relate to happiness. When I say you want to be happy, what I’m actually saying is you want to find peace. We say peace of mind, but what we really want is peace from mind. More

If you drink alcohol or take some kind of drug regularly, try the following thought experiment.  What events do you most look forward to? I’ll bet they’re the ones where you get to drink or do drugs. You look forward to dinnertime, an upcoming party or bar-hopping with friends. To see how artificial it is, resolve to abstain from drinking or doing drugs the next time you go out. More

On some very deep level, all pleasure creates its own offsetting pain and fear of loss. I recently tweeted, “In an age of abundance, pursuing pleasure for its own sake creates addiction.” I was upgrading a Miyamoto Musashi line, “Do not seek pleasure for its own sake.” More

The quality of our decisions is paramount in the modern age, because we’re all leveraged. You can be leveraged through code, community, media, capital, labor and other ways. If you’re smart, you leverage every decision you make.  If Warren Buffett makes the right decision 85% of the time and his competitors get it right 70% of the time, Buffett will win everything. More