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Naval

Rational Optimism Is the Way Out

Naval

Naval Ravikant

Business, Technology

4.82.4K Ratings

🗓️ 24 May 2021

⏱️ 2 minutes

🧾️ Download transcript

Summary

Transcript http://nav.al/optimism

Transcript

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0:00.0

In general, professions in which you get your feedback from other members that profession tend to get corrupted.

0:06.0

When you see a journalist writing articles to impress other journalists,

0:09.2

or a restaurant or running a restaurant that's designed to impress other foodies and other restaurants,

0:15.1

those end up not being practical and high quality.

0:18.4

They may receive accolades and prizes within certain elite circles,

0:21.8

but they're not reflecting reality where someone who is getting feedback from either mother nature,

0:26.8

like a scientist or an experimentalist, or from free markets where other people are voting with their

0:31.2

money and their time, those are going to be much better predictors. The people who are operating

0:35.3

in the real world and are getting paid for it tend to be optimist, the people who are operating

0:39.4

eye-retowers are in-centred-to-be pessimists. To be an entrepreneur, you need to be optimistic about the

0:44.5

fact that you're creating something that other people are going to find a value in. And people who

0:49.5

have a pessimistic philosophy tend to have a pessimistic psychology as well. If you're constantly

0:55.6

thinking about all the ways in which the world is going to rack and ruin, then this has a day-to-day

1:01.3

impact upon your outlook on the rest of society and on your family, on your friends,

1:06.4

upon everything, because you think that this world is condemned, so you're going to feel that

1:12.1

weight upon your shoulders, and it's going to come through in the way in which you present yourself

1:16.5

to the rest of the world. We see a lot of this on social media right now. Entrepreneurs are

1:20.9

typically too busy to spend a whole lot of time on social media, but you do get scientists,

1:26.0

academic journalists who are depressed with life because they have a pessimistic view of reality.

1:32.0

And that's got to have an impact upon their subjective experience of the world,

1:36.5

unlike people who are creating, trying to bring something new into existence.

1:41.1

But unfortunately, the pessimism is self-fulfilling, and here we take the stance that all evils

...

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