Things kids should be taught in schools, but aren't.

Number 1: Financial literacy. Teach kids how to save and budget using excel. Teach the basics of investing... What a share and an index fund are. Emphasise the importance of disciplined saving for retirement early on.
Number 2: How to read. Astonished schools don't teach this but it's incredibly important. How to choose and read books effectively to maximise utility gained. Show how to effectively annotate sentences and teach methods of maximising retention.
Number 3: Basic formal logic. What a valid and invalid argument looks like. What a deductive and inductive argument looks like. What various logical fallacies look like. How to cut through and break down arguments to evaluate them properly.
Number 4: How to use social media. I see the irony in me (a parody account) tweeting this, but it's an integral component of our lives, and I see so many people screwing up their careers because they post stupid stuff. SM can be an incredibly powerful tool if used well.
Number 5: How to cook good, cheap and nurtricious meals. The advent of cheap ready meals and quick takeaways is unhealthy. Kids need to develop an appreciation for food and cooking from an early age.
Number 6: Basic statistics. This is taught in a very unintuitive way in schools and universities (and so is maths in general). Make stats more hands on and applied with datasets, and start teaching it early on.
Number 7: Networking and how to talk to people. We force children to mix solely with people their own age from the moment they start school. That's fine, but when it comes to networking with a diverse range of people outside of the school system it really doesn't serve them well.

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More from @ParikPatelCFA

31 Oct
Things I've learnt from trolling finance professionals, politicians and other individuals on twitter. A thread:
1. A lot of people in finance are very insecure and their egos bruise very easily. Many finance professionals are also incapable of second order thinking. These are some of the people we entrust our money to.
2. Many political supporters on both sides exhibit extreme cult like behavior. They vociferously attack and demean people on the other side of the political spectrum for being "stupid" and "thick".
Read 7 tweets

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