Giovanni Carriere

Global traveller (on Covid hold), emerging markets investor, Ironman, marathoner, football fanatic and father of two

[Laila Cunningham @policylaila]

Two men live in Zone 2 London.
Both are around 30. Both sleep in a one-bed flat.

But only one believes he has a future in the city.

James was born in London.
He went to university, got a degree, found a decent job and now works at a marketing firm near Old Street.

He earns just under £60,000 a year.
On paper, he is doing well.

But every month James opens his payslip and watches a third of it vanish before he ever sees it.

Income tax.National Insurance.Student loan.Then comes the rent.

Nearly £2,000 a month for a small one-bed flat with mould around the windows and a landlord who only renews the tenancy six months at a time.

Every evening James scrolls Rightmove looking at tiny flats he cannot afford in the city he grew up in.

Even the cheapest one-beds near him now cost around £400,000.

The deposit alone feels impossible despite earning more than most people in Britain.

His parents bought their first home younger than he is now.
James still does not know if he will ever own one.
So he keeps renting.Keeps waiting.
He watches friends delay children.

People earning what used to be considered “good money” still checking every direct debit before payday.

Now meet Shaheed.
He arrived in Britain recently and was granted refugee status.
He does not work.

He lives in a one-bed flat in East London. His housing costs and council tax are largely covered through the welfare system.

He qualifies for free prescriptions, dental treatment and eye tests.

He does not spend his evenings worrying whether the next rent rise will wipe out what little he has left at the end of the month.

And this is the part driving so much public anger.

James works full time, pays a fortune in tax and still cannot see a long-term future in the city he was born in.

Shaheed does not work, yet has more housing security than the man whose taxes help fund the system.

That is how a city loses its young people, because they stop believing hard work leads anywhere.

London has to become a city where the people who work, contribute and build lives here can realistically afford homes, raise families and feel secure again.

[Giovanni Carriere @Gcarriere]

@GSGB01 Cyclists attacked with a hammer in broad daylight yesterday in Regents park. Bike stolen. 6 such attacks across London last 72 hours. Thanks mayor. I used to love Regents park

[Giovanni Carriere @Gcarriere]

@Cycle_Whamp @baoigheallain Tried to look at it, it was like somebody on a scooter run over by a a car, but it was all cordoned off ao hard to see

[Alan Couzens @Alan_Couzens]

Receiving the following qu about my previous #FatBurning tweet:

"OK, I get that having strong fat oxidation is important, but how do I improve it?"

This post is a bit old now, but it is still the basic approach that I recommend... 👇

https://t.co/DoHcToc72c

[Giovanni Carriere @Gcarriere]

@UKPowerNetworks i am desperate been without power for several days, NW6 1JP travelling abroad, have spoken to the emergency line but I am not quite sure whether engineers have been able to viist my property to reinstate supply. Arranged for office to provide access but no news.

[Clint Murphy @IAmClintMurphy]

Disappear for two weeks,

Watch these 14 YouTube Videos.

I Guarantee You, they'll change your life:
https://t.co/KgUNCPhlpM

[Giovanni Carriere @Gcarriere]

@bbculp @ChallengeRoth Messick decides to kill Kona, this is what happens. As Félix would say: Danke Andrew

[Giovanni Carriere @Gcarriere]

@NoContextBrits Twat

[Nathan Baugh @nathanbaugh27]

Not many 90 second videos change how I view the world.

But Charlie Munger arguing envy drives the world — not greed — certainly did:

[Fascinating @fasc1nate]

The launch party Microsoft Windows 1995

[Clifton Sellers @CliftonSellers]

Children need stronger fathers.

Here are 20 traits every great father possesses:

[Giovanni Carriere @Gcarriere]

@geofftech Hi Geoff on Sunday which train will you be on for the start of the through running? We’d like to join the other enthusiasts! (My 12yo son is dying to join this historical occasion!)

[MATT GRAY @matt_gray_]

9 TED Talks in 9 days that will change your life:

[Dakota Robertson @WrongsToWrite]

Stephen King’s 10 writing rules that’ll make you a better writer than 12 years of English class:

[Giovanni Carriere @Gcarriere]

@maartenvkooij @bbculp 6000 races on 90k course, If each of them is spaced 12 + 2 meters for the bike, that already covers 84km.

[Marc Rubinstein @MarcRuby]

“The stock market will find your own weakest personal trait, and then do everything in its power to use it against you.”

[Compounding Quality @QCompounding]

📚 Since I started investing, I have read more than 500 investing books.

In this thread you can find 10 books that will change your investment career forever.

⬇️⬇️⬇️⬇️⬇️

[Giovanni Carriere @Gcarriere]

@bbculp Unbelievable

[Giovanni Carriere @Gcarriere]

We’ll do whatever it takes to save the air https://t.co/6N3KeAbOBl

[Giovanni Carriere @Gcarriere]

Can’t get my head around the fact that Putin thought he could take on the West because he has 600 bn of reserves in US dollars, a big chunk of which is held at the Fed as an entry in a computer. I can comprehend his evil almost more easily than his stupidity