The Algebra of Wealth by Scott Galloway book Notes Part 1

Basic strategies are expounded upon such as save/ invest and benefit off the power/magic of compound interest. When your passive income is higher than your “burn rate” (Spending), you don’t have to work. Resist the push of spending by capitalism. Practice Stoicism, the 4 Stoic virtues are 1. Courage 2. Wisdom 3. Justice 4. Temperance. Galloway says temperance is the most important virtue. Also exercise is vital, will give you more energy, vitality and longevity.

Don’t follow your passion, follow your talent (What you are good at). Follow what makes you unique and other people can’t do. Working at an organization can be more conducive to economic security than entrepeneurship.

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