On Twitter at @naval.
Labor and Capital Are Old Leverage
April 15, 2019
04:42
4.54 MB
Downloads: 0
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