It will suffice to say, we were right to pick that topic.
It led us some deep rabbit hole that have never been explored before that day.
In fact, as often as Asemota tend to write and share his story, he share a never before shared story that they in the Space.
Jan 24, 2021 • 9 tweets • 2 min read
Those who can communicate their thoughts clearly and precisely will forever have an unfair advantage over those who can't.
And it doesn't matter who is better at something, those who can communicate in words and in writing will always find it easier.
I'm sorry if it's unfair, but that the way of the world. The storyteller always win.
Jan 23, 2021 • 8 tweets • 2 min read
Since 5 days ago when I tweeted this, things have moved and I'm glad to announce to you all that you can now submit your articles to the email below.
As noted earlier, only articles on personal finance will be accepted for now.
Your experience, thoughts and observations on money, finance, investing, stocks and the likes are welcome.
The guiding principle is UTILITY. That is, anything you write must be useful to the reader. It should spur them to do something. Either to act, change their mind,
Jan 20, 2021 • 10 tweets • 3 min read
As time progresses, I will be dedicating more of my time studying the past and more of the things that are poised to change the future.
”As their acceptance increases, their reliability tends to diminish”
This is one of the greatest ironies of the stock market and it permeates all spheres of life.
When theories are about to be formed we resort to data from the past. Upon examining this data, we tend to draw our explanation of the past.
Once this explanation of the past is generalized enough to form a theory that can guide the future and becomes generally accepted,
Jan 10, 2021 • 8 tweets • 2 min read
There's a concept in the world of Investing called "infinite returns". That's what I am making in one of my #Bitcoin accounts.
Infinite returns is achieved when you no longer have any money invested in something but you still own it.
Here's how I did it:
When #Bitcoin was 33k I bought some with idle cash on hand.
I allowed it to ride to 41k, a 24% upside and then sold a part of it.
The part of it that I sold is just an amount big enough to cover my initial investment. Sold that and left the 24% return invested.
Dec 7, 2020 • 8 tweets • 2 min read
Every creator should be aware of the phenomenon of scalable and none scalable career.
The top 1% win massively and becomes allure for others.
The bottom 90% just exist to keep the vibe going.
The 9% between? They may sell courses.
--you choose
Btw, selling courses isn't bad.
Dec 6, 2020 • 7 tweets • 3 min read
I want to be rich enough to do Angel Investing as @chamath does it.
At that very early stage of a company, it's very difficult to tell which one will win and which will not. In fact, a lot pivot of the startups pivots to doing something else different from what you invested in.
From a recent conversation with @villageglobal Podcast, @chamath said he doesn't spend much time deciding whether to invest in an early-stage startup.
If he meets you and sort of like what you are doing, he invests ”immediately.” Because what those startups are asking for
Oct 5, 2020 • 39 tweets • 10 min read
Understanding the LAPO business model and financing structure.
“People ignore sponsored tweets. People skip Youtube ads. People don’t notice Google ads. Like with viruses, we grew resistant. The new marketing is based on trust. And it takes years to build trust.”
—Orange Book
This travelled so fast...
Among other things that I do, I write a newsletter called @MindWBoundary. The goal is to help everyone build a mind that can help them navigate the world masterfully.
If it's scarce, it must be valuable. Forgetting or not noting that it is only scare because we all want the same thing.
But it's what keeps the economic wheel rolling so there's no ending.
Oct 2, 2020 • 5 tweets • 1 min read
Success compounds
Have you noticed that it's much easier to get ”another” success once you get the first one?
Your goal is to move from your zero (no success) to one (first success). Then the universe will show you her abundance.
It's the way of life. Play along.
Getting a second job is easier than the first.
Raising the second round of funding in easier than the first.
Getting your next 10,000 customers is easier than the first 1,000
Selling your next 10 products is easier than selling the first.
Oct 2, 2020 • 4 tweets • 1 min read
There's this energy that comes from perceiving things are fine with you and there's the other draining that comes from perceiving things aren't working for you.
What I've learnt is that we all feel both. It doesn't matter what high you are on, you will at one point feel things are against you and no matter the low you maybe, a time will come when you feel you are getting out of the low.
Oct 1, 2020 • 4 tweets • 1 min read
Popularity brings an awesome responsibility on you that requires intelligence to navigate.
Once you are popular, the media expect you to have an opinion about ”everything” which is nonsense.
What's more alarming is if you expect yourself to have an opinion about everything.
”I don't know” is a better mark of intelligence.
That's what I should probably say about Burna Boy’s interview.
The media is optimized for something that may not align with you. Be wise.
I won't be surprised if people start to quote Laycoon on economic & governance matters.
Oct 1, 2020 • 6 tweets • 1 min read
Two things I believe everyone should have at least some working knowledge about are: Finance and Health.
At one point or the other, you have to make decisions about those two things. While you can get some help about, the decision making still lies on you.
Working knowledge on them will help you.
Sep 28, 2020 • 10 tweets • 2 min read
Everyone should write if they want to learn more about themselves.
It's not about if you know how to write or not. The process of writing simply helps you to discover yourself.
And my thesis is that "as long as you can give answer to a question with your mouth, you can write your answer down with your hands." No excuse. You can talk then you can write.
Record your answers and transcribe them.
Sep 25, 2020 • 7 tweets • 2 min read
I thought you needed "100k followers" on Twitter in order to be able to make an impact. I was wrong.
I started being very active on Twitter when the lockdown started and it's been such an amazing journey.
I've met a lot and appreciate the community that we've built here.
Do I still want the "100k follower"? Oh yes, I still do. The journey to that will definitely be more exciting than the destination.
So I'm more focused on friends that I am making along the way than blinding following after a target.
Sep 25, 2020 • 26 tweets • 4 min read
“Everything can be taken from a man, but the last of the human freedoms: to choose one’s attitudes in any given set of circumstances.” – Viktor Frankl
If I had said this, I may doubt it a bit. If it was said by my friend Olaitan, I might doubt yet.
But it was said by Viktor. A man from whom indeed everything was taken. He was in Nazi concentration camp during the war. It's a camp that broke everyone but he came out triumphant simply by the power of the mind.
Human is mystery.
Sep 25, 2020 • 4 tweets • 1 min read
Our humanity is a constant. Very few things are constant in life.
Things that are constant are laws. You can't optimize against them. The best you should work towards is aligning with them.
The law of gravity.
The law of motion.
Our humanity (frailed and flawed).
Those things and more are constant. Your goal is to know them and align with them.
Sep 19, 2020 • 8 tweets • 2 min read
At best, this is the definition of what's going on with asset prices (stock in particular) right now.
Near-zero interest rate and
Increased supply of money.
Money cannot sit idle. It must find a use case. When more of it is printed and government securities aren't attractive, it assumes more risk by buying into stocks.
Sep 17, 2020 • 5 tweets • 2 min read
Wealth is also a function of leverage. Without leverage, your possible wealth bandwidth is capped.
You are only you and all you have 24 hours per day and there's a limit to what you can know.
Leverage is any multiplier factor.
Labour - you can employ more labour to get more work done for you.
Capital - you can provide capital to others in form of investment for others to do their job and you get a return on capital.
