A personal moat is a set of unique and accumulating competitive advantages in the context of your career.

your personal moat should be a competitive advantage specific to you that's not only durable, but compounds over time.

You must find something special—specific to you—that drives increasing, compounding value overtime.

Ask others: What’s something that’s easy for me to do but hard for others? What's something I have that’s very difficult for people to reverse engineer?

Ikigai: the intersection of what you love, what you’re good at, and what the world needs.

In the internet economy, what has become scarce are things like specific knowledge and rare & valuable skills.

if you’re trying to build a moat, don’t enter the rat race unless you’re the fastest rat!

We talk a lot about “passive income,” but not as much about “passive social capital” or “passive knowledge gaining” — that’s what you gain if you build an asset that grows over time without intensive constant effort to sustain it (h/t Andrew Chen).

Some other hacks to build moats include picking something that isn’t big now, but will be in the future (e.g. crypto in 2016), something that relies on exclusive relationships that you can access (e.g. enterprise healthcare, access to LPs), or something that is legibly impressive or valuable but has no playbook. (e.g. Tyler Cowen, Tim Ferris, Elad Gil examples)

If you were magically given 10,000 hours to be amazing at something, what would it be?

Should you specialize or generalize? Either could work, but you have to actually be good at something. That’s a key concept.  If you’re a generalist, you want to be the best at the intersection of a few different skills

You want to be at least great at one thing, and then apply that lens or skill to other categories. Some people who you think are generalists have also specialized.

discover what’s easy for you but hard for others, then get so good they can’t ignore you, and then leverage that to accrue social and financial capital.