MOHANSELVAM

Munger: If someone smarter than you wants to deceive you, it's hard not to be fooled

Munger: While studying at Columbia University, whether in physics, mathematics, or music, literature, Ben Graham excelled in every subject. He could speak Greek and Latin fluently and wrote poetry in Latin. Graham was knowledgeable and exceptionally gifted.

Among Graham's students, some had very close relationships, and they regularly organized activities to bring everyone together. Once, they invited Graham to join them. At this gathering, Graham presented a small quiz he had prepared in advance to test everyone. The average IQ of the attendees must have been over 150.

The quiz Graham prepared was very simple, consisting of true or false questions that required just a check or a cross. Although it was all true or false questions, among all the attendees, including myself and Warren Buffett, only one person got more than half of the answers correct.

How could this happen? Because Graham was a very smart person. He deliberately set traps in the questions that ensnared all of us. The person who got the most answers right only truly knew three questions, while the others were largely guesses. Just by a mix of guessing and luck, they barely managed to get a little over half correct.

Graham never told us explicitly what lesson he wanted us to learn. I think he wanted us to understand: if someone significantly smarter than you wants to deceive you, no matter how you judge and analyze, it's hard not to be fooled.

Fortunately, Ben Graham was a genius, and among the people we met, very few were as smart as he was. Additionally, we are very aware of our shortcomings and understand that there are many things we cannot do, so we cautiously remain within our "circle of competence." The "circle of competence" is a concept introduced by Warren. Both Warren and I believe that our "circle of competence" is a very small circle.

When I was young, a friend said to me: "Munger only studies the little things in his business, and he knows nothing about matters unrelated to his business." We draw clear lines between our knowns and unknowns, and we only operate within the known circle.
Munger's wisdom: Adversity is frightening, but only adversity can lead you to success. It's worth reading multiple times!

Hello friends, hope everyone is doing well! Today, I want to share some updates about #Greencart , one of the most prominent dApps in the #VeChain ecosystem, where we collaborate in business development and marketing.

🚀 The app is continuously improving! With the new interface, the user experience has been optimized.

🛒 By uploading your shopping receipts, you can earn passive income:

-No KYC

-No waiting

-Rewards are sent directly to your wallet, and you can withdraw anytime!

🍎 If your receipt includes fruits, vegetables, or organic products, you earn even more rewards! All you need to do is download the app and start earning from receipts you’d otherwise throw away.

📱 On one device, you can use two accounts:
1️⃣ VeWorld Wallet (access Greencart dApp directly from the wallet)
2️⃣ Download the Greencart dApp itself

🧾 More receipts = More rewards!

❓ Feel free to ask if you have any questions, friends! 😊

Hello friends, hope everyone is doing well! Today, I want to share some updates about #Greencart , one of the most prominent dApps in the #VeChain ecosystem, where we collaborate in business development and marketing.

🚀 The app is continuously improving! With the new interface, the user experience has been optimized.

🛒 By uploading your shopping receipts, you can earn passive income:

-No KYC

-No waiting

-Rewards are sent directly to your wallet, and you can withdraw anytime!

🍎 If your receipt includes fruits, vegetables, or organic products, you earn even more rewards! All you need to do is download the app and start earning from receipts you’d otherwise throw away.

📱 On one device, you can use two accounts:
1️⃣ VeWorld Wallet (access Greencart dApp directly from the wallet)
2️⃣ Download the Greencart dApp itself

🧾 More receipts = More rewards!

❓ Feel free to ask if you have any questions, friends! 😊

Happy Labor Day, babies～
Let's record today's alpha points, it's already in the three-digit range, keep it up👏
Tonight, we need to continue boosting the trading volume to achieve a breakthrough upwards!
The investors are also very supportive during Labor Day, and the market is thriving!
Never lose confidence in blockchain, whether making money or losing, it's worth thinking and growing!
Without boasting, I can say: recently trading $ETH has been incredibly comfortable, bought at 1550 and sold at 1820, yesterday during the day I placed an order at 1750 and got it, today I made a direct profit of 100 dollars each!
Including last week's rapid rise of $TRUMP , I also made 50% profit, bought at 7.7 and sold part at 12.8, sold all at 15.8!
I still think I'm doing quite well!

May is still beautiful😊
$BTC is aiming for the 99000 mark～


#币安Alpha上新 #特朗普就职百日 #空投发现指南

#kernel May Day holiday fun and profit both? Is Brother Lie bragging? How many consecutive wins? Sorry, it’s three consecutive wins! Come on, come on, the first share of holiday profits is starting!
Haha! Actually, when there are good strategies, Brother Lie is always generous in sharing with the free family brothers! So early this morning, hand-drawn Kernel five-wave chart! 2️⃣H level main upward wave precisely hunted down, the second target 0.1837 has already arrived as promised! Brothers are all chasing Brother Lie for the third take-profit target! Now the brothers are all very sharp; as soon as they see Brother Lie's large arrangement of long positions with strategies + hand-drawn five-wave chart, they just jump right in, haha! This five-wave analysis method has once again lived up to expectations, and all the adjusted positions have reached! So how does it feel to have fun and profit during the holiday? Have you experienced it? Or is it that while playing, you’re losing money, which is so frustrating!
PS: Brother Lie has no paid services, be cautious of scams!

Dear friends and subscribers, today we would like to present another BOX🎁

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QUESTION: WHAT IS THE NAME OF THE NFT COLLECTION ❓❓❓
#LRCO-NFT #AlienPlanet
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Dear friends and subscribers, today we would like to present another BOX🎁

Your task is to correctly write the name of the collectible NFT that has a stability function for 10 years of profit every month. The program will start working after the listing of LRCO on Binance, and for now, you have the opportunity to purchase one of the collectible NFTs at a low price. Your task now is to guess the name of this collection, there will be no hints; you have time to find the collection, the link to the collection will be below here 👇
LRCO COLLECTION NFT

QUESTION: WHAT IS THE NAME OF THE NFT COLLECTION ❓❓❓
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May Day is a holiday for workers around the world

The US stock market is closed, and there is basically no significant market movement

Binance's new listing events are also unlikely to occur

Everyone can relax and enjoy trading with good Alpha every day

I’m sending a red envelope to wish everyone a happy May Day

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Dear Friends and Subscribers, Today we want to present to you the BOX🎁 BNB,
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those who manage to write the answer first out of the first 1000 will share the Box🎁 BNB. Good luck to you all and don't forget to like 👍

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