Thread by @iamkoshiek

10 things I learnt about money & wealth in investment banking [Thread]

1. Making money is easier when you already have money

https://twitter.com/iamkoshiek/status/1332183391702298624?s=20

2. Who you know often outweighs what you know

https://twitter.com/iamkoshiek/status/1336929624652197888?s=20

3. Wealthy folks obsess over how much they stand to lose more than how much they stand to gain

https://twitter.com/iamkoshiek/status/1356690557570007040?s=20

4. Your achievements don’t always speak for themselves, fortune often favours the self-promoters

https://twitter.com/iamkoshiek/status/1297992268369014786?s=20

5. Just because someone wealthy doesn’t post their material possessions on IG, doesn’t mean they’re frugal. Wealthy folks do flex, they just flex different

6. Self-made is a concept sold to less fortunate folks to make them believe the world is a meritocracy & hard work alone is enough to make it

https://twitter.com/iamkoshiek/status/1217118081337741312?s=20

7. Wealthy folks realize their time on Earth is finite. They’re constantly searching for ways to buy back time & maximize experiences

https://twitter.com/iamkoshiek/status/1410184497702879232?s=20

8. Entrepreneurship is a luxury - not a miracle cure for financial freedom as it's currently packaged & sold

https://twitter.com/iamkoshiek/status/1406909800978554882?s=20

9. Unselfishness to yourself is unsustainable

People who constantly put everyone else before their own physical/ mental health & play the role of financial martyrs burnout fast & hard

You cant save anyone without putting on your life jacket first

10. The world isn’t fair

Hard work, intelligence, waking up early, reading 5 books a day & cutting your coffee probably won't make you rich

Privilege, access to capital, strong relationships, shameless self promotion, having a fall back & getting lucky outperform pure hard work

Shout-out for making it to the end of thread-ception! (if you even made it out of the rabbit hole!)

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