Sethi

Curiosity is the only asset that compounds forever.

[Sethi @ankitsethi07]

@ryu_tay I believe it’s a simple equation based on their ideology. Need more money to spend so raise taxes and generate more revenue.

[Sethi @ankitsethi07]

I am a migrant myself and have appreciated the lifestyle this country provides and the people who have always embraced different cultures. But in the last few years, things have been different. My kids were born here and I really love this country but the damage that is being to the societal structure is beyond repair. We are unfortunately heading the Britain way unless something changes drastically.

[Sethi @ankitsethi07]

@JEChalmers This is the time that you just log off from X

[Sethi @ankitsethi07]

@AvidCommentator We just accelerated the economic disaster we were heading into.

[Sethi @ankitsethi07]

@michaelsnape We will tax productivity and innovation, thats the message to any young person with ambition.

[Sethi @ankitsethi07]

@OwenRask This budget risks setting the country back by several years. You don't prosper by taxing people to death

[Sethi @ankitsethi07]

@AnnieLiao_2000 @AnthropicAI @TalinRoche Would love to join this next time 🔥🔥

[Shane Oliver @ShaneOliverAMP]

In comparisons to other countries Aust is now sticking out as having a more serious inflation problem in a way it didnt in 2022 & 2023. This requires a tougher RBA but also serious change by the Govt to fix it up = less public spending & less regulation (incl for the labour mkt)

[Sethi @ankitsethi07]

@MarkoMatvikov I wish there were repercussions when you blow up your spending budget like this. The irony is that nobody is accountable for this damage.

[Sethi @ankitsethi07]

@AvidCommentator While I don't disagree with you that it gives one less reason for property investors but we shouldn't overlook how significantly short is the government of their 1.2mil housing target.

[Sethi @ankitsethi07]

@AvidCommentator Highly unlikely he will pull the plug as that's part of the entire strategy.

[Sethi @ankitsethi07]

14 months ago I stopped having an institution to hide behind.
Best thing that ever happened to my thinking.

No safety net sharpens your attention fast.
Started noticing who was getting replaced — and why.

A lot of them specialists I used to manage at the bank.
Never smarter competition. Always tools they ignored.

Three things I'm stacking now: clear thinking, agency, then systems.

Could be wrong. But the order feels important.

[Sethi @ankitsethi07]

Everyone told me to stack assets. Property. Shares. The standard playbook.

The guys making real money now? They're skill rich. A business owner creating content. A solo entrepreneur running ops with AI. An agency owner automating customer service through voice agents.

That's what AI can't copy. A stack it doesn't recognize as a thing.

[Sethi @ankitsethi07]

@GreenTyler27 How do you even blow up such exhorbitant amount of money? It’s just nauseating to see the inefficiency of people in charge

[Sethi @ankitsethi07]

Your parents told you to specialize. Pick one thing. Get really good at it. Made sense when industries moved slowly.

Now AI can replace a specialist overnight. One update and your career becomes a feature.

I think the people building real wealth aren't going deeper. They're stacking skills that don't make sense together until they do.

[Sethi @ankitsethi07]

The biggest learning from me in the last 5 years

[Navalism @NavalismHQ]

"Set up systems, not goals."

@naval

[Sethi @ankitsethi07]

@AvidCommentator Why do I feel, I have seen this script in 2024 🤔

[Sethi @ankitsethi07]

@MarkoMatvikov I remember back in 2010 when I was growing up in my hometown, crime rates weren't a thing. Why? What doesn't get reported, doest need fixing.

[Sethi @ankitsethi07]

@MarkoMatvikov I think the government is convinced that the kind of reforms needed for Australia to be productive again are too difficult hence go the communism way. Keeps the vote bank happy but obviously destroys any opportunity for next gen

[Sethi @ankitsethi07]

@matt_barrie The should think of taxing breath as well. 10% GST + 1.75% card surcharge + 15% public holidays surcharge. Just when you think it can’t get worse, the government hands you a surprise