Absolutely KILL it this year in 6 steps

// THREAD //

If you wanna level up - the fastest hack is to hangout with people who are ALREADY at that level.

The beauty of twitter is that you can hang with anyone.

The problem is ppl follow the wrong accounts. It's noisy as f*ck.

Here's 27 people you should follow (and why)👇

If you hang with smart, interesting, successful people - you will start to think & talk that way too.

We are monkeys that copy what we see. You can fight it, or use that to your advantage by surrounding yourself with people who you want to become more like.

Group 1: Smart, Rich, & Don't Give a F*ck (no filter)

@chamath - was early FB, has big balls, bet early on Bitcoin & SPACs

@rabois - kind of a dick but he's clearly smart

@balajis - this guy is from the future, and has come back in time to tell us what's going to happen

BTW - I'm recommending people who are:

* smart
* say interesting things
* successful (not just talkers)

Plenty of people are 2 of 3.

You need ALL 3 to make the list

Group 2: Business Buyers - they see the $$$s of 100s of businesses a year.

@awilkinson - built a $200M+ empire of internet businesses

@BrentBeshore - same as^, but non internet (unsexy) biz (eg. swimming pool repair, port-a-potty rentals)

@XavierHelgesen - he does both

Imagine going about your life, when a virus develops into a pandemic. Suddenly the rulers of your country are like "We're going to let the virus infect us, don't listen to the outside world".

Most people in your country are like "Awesome!", and ridicule you if trying to opt out

You hear about all these stuff like chronic health issues the virus causes, in different research papers available on the internet. It appears to be a serious problem, likely to ruin many lives. You do however never hear it mentioned in the debate in your country.

On the news you hear people with fancy titles, downplaying the virus, and ridiculing other countries for trying to stop it.

The resistance is futile, they say. We are all going to get infected in the end anyways.

You see the schools in other countries closing down, but in your own country they remain open. Parents are not allowed to keep their children at home. If they do, they are punished by the government, shunned as bad parents by those who think the herd immunity strategy is awesome.

You later find out that the people leading the response to the pandemic, reasons around how it is beneficial to keep schools open in e-mails with each other. They reflect on the benefits of open schools, for children getting infected, thus contributing to the herd immunity.

My highlighted passages from The Psychology of Money by @morganhousel. Thread below

1. The 401k - the backbone savings vehicle of American retirement - did not exist until 1978. The Roth Ira was not born until 1998. If it were a person it would be barely old enough to drink

2. NYU professor Scott Galloway has a related idea that is so important to remember when judging success - both your own and others': "Nothing is as good or as bad as it seems."

3. Margin of safety - you can call it room for error or redundancy

4. "Every job looks easy when you're not the one doing it because the challenges faced by someone in the arena are often invisible to those in the crowd."

5. "The average equity fund investor underperformed the funds they invested in by half a percent per year, according to Morningstar - the result of buying and selling when they should have just bought and held."

10 Common Money Myths

That Could be Costing you $1,000's

// Thread //

1. YOLO

It's true that you only live once.

It's NOT true that you should:

- Live in debt
- Work until you die
- Live paycheck to paycheck

What you can do is:

- Live in the moment
- Save for your future
- Start investing today

Balance is the key.

YOLO is not.

2. LLC's are for the rich

You don't have to earn $100,000s to form an LLC.

An LLC:

- Offers tax advantages
- Limits personal liability
- Avoids double taxation

If you have a business and want to earn money, then it's time to consider forming an LLC.

3. I'll be Poor Forever

What you believe determines your future.

The journey to wealth won't be easy.
If it were easy, everyone would be wealthy.

Getting there will take:

- Discipline
- Hard work
- Consistency
- Determination

Change your mindset, Change your reality.

4. Buying a House is Better than Renting

Homeownership means:

- Less flexibility
- High upfront costs
- Long term commitment
- Unexpected additional costs

This may not work for your personal situation.

Make sure you’re financially and emotionally fit to make a home purchase.

I'm just back for a COMPLETELY NECESSARY trip to a supermarket.

And... something dramatic happened.

So, okay, looks like we're going to have a little bit of a THREAD.

Buckle up for an unbelievable anecdote that gets to the heart of London life in this nightmarish pandemic.

(I won't name the supermarket, NOT because I don't want to shame the members of staff [I will be doing that privately by reporting their actions to the police later today - as soon as I've finished tweeting this thread], but because I don't want to give them free advertising.)

Okay, right. I'm still shaking so I'm struggling to write this out. I've opened a bottle of Campo Viejo Rioja (an underrated affordable offering which is currently on special offer at Tesco) to steady my nerves. No shame in that.

So. Yes. I was walking down the dairy aisle...

I saw a northerner.

(apologies for the delay, I'm on the phone to an upset friend - her husband of 15 years has just confessed to an affair with her own sister. It's not really the sort of situation where you can say, "Excuse me Julie, awfully sorry but I'm writing an incredible thread on twitter!")