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Lakesh Kinjunwala is one of the most successful investors of all time.
He turned approximately $10,000 into $5.8 billion and has never managed external funds.
This equates to a 43% compound annual growth rate over 37 years!
I have read through hundreds of pages of his written records and interviews.
Here is his strategy: 🧵
View OriginalHe turned approximately $10,000 into $5.8 billion and has never managed external funds.
This equates to a 43% compound annual growth rate over 37 years!
I have read through hundreds of pages of his written records and interviews.
Here is his strategy: 🧵
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I'm starting to feel like looking for a job.
Ideally, it would be with top-tier AI models that are freely accessible, remote, flexible hours, and whatever I want to do. Dreaming big.
Lately, I haven't had much desire or goals, experiencing a kind of impotence in both body and mind.
Honestly, when I first started using Vibe Coding, I was very excited, even set alarms to wake up early for AI programming, and completed over a dozen open-source projects in one go.
But as Google started to mess around, limiting quotas and banning accounts, my creativity was effectively suppressed, and I spent all d
View OriginalIdeally, it would be with top-tier AI models that are freely accessible, remote, flexible hours, and whatever I want to do. Dreaming big.
Lately, I haven't had much desire or goals, experiencing a kind of impotence in both body and mind.
Honestly, when I first started using Vibe Coding, I was very excited, even set alarms to wake up early for AI programming, and completed over a dozen open-source projects in one go.
But as Google started to mess around, limiting quotas and banning accounts, my creativity was effectively suppressed, and I spent all d
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Charlie Munger's 5 Thinking Models for Smarter Decision-Making:
1. Inversion
Think about the problem from the opposite direction.
• Ask: "What could cause failure?"
• Make a "Things I Will Not Do" list
• First, avoid mistakes
2. Second-Order Thinking
See beyond the obvious.
• Ask: "And then what?"
• Anticipate ripple effects
• Consider long-term impacts
3. Circle of Competence
Stick to your expertise.
• Be clear about what you know (and what you don't)
• Focus on your strengths
• Expand carefully through learning
4. Opportunity Cost
Every choice has a price.
• Each "yes" = a "no" elsewhere
• T
View Original1. Inversion
Think about the problem from the opposite direction.
• Ask: "What could cause failure?"
• Make a "Things I Will Not Do" list
• First, avoid mistakes
2. Second-Order Thinking
See beyond the obvious.
• Ask: "And then what?"
• Anticipate ripple effects
• Consider long-term impacts
3. Circle of Competence
Stick to your expertise.
• Be clear about what you know (and what you don't)
• Focus on your strengths
• Expand carefully through learning
4. Opportunity Cost
Every choice has a price.
• Each "yes" = a "no" elsewhere
• T
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I really don't know what Google is thinking... @google
My Google account has been disabled. To recover it, I need the verification code from my Google email. Since the account is disabled, I can't log into Gmail, and it's a complete dead end.
I’ve linked a recovery email and phone number, and even downloaded backup codes, but none of these options are available to me. I really don't know what to do.
View OriginalMy Google account has been disabled. To recover it, I need the verification code from my Google email. Since the account is disabled, I can't log into Gmail, and it's a complete dead end.
I’ve linked a recovery email and phone number, and even downloaded backup codes, but none of these options are available to me. I really don't know what to do.
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The difficulty of earning 300,000 yuan with different principal amounts:
How to say a 300,000 yuan bride price for marriage? Zero principal.
View OriginalHow to say a 300,000 yuan bride price for marriage? Zero principal.
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GateUser-08d51a79
:
Wishing you great wealth in the Year of the Horse 🐴:View More
12 Biases That Distort Your Decision-Making:
1. Confirmation Bias - We interpret new information as confirmation of our existing beliefs.
2. Availability Bias - We tend to rely on information that is most easily or quickly brought to mind.
3. Action Bias - We prefer to take action rather than stay put. That’s why we often buy or sell prematurely.
4. Zero-Risk Bias - If the risk is perceived as small, we assume there is no risk at all.
5. Overconfidence - We overestimate our knowledge and abilities.
It’s often because we know so little that we can’t have a clearer understanding. (Less knowledg
View Original1. Confirmation Bias - We interpret new information as confirmation of our existing beliefs.
2. Availability Bias - We tend to rely on information that is most easily or quickly brought to mind.
3. Action Bias - We prefer to take action rather than stay put. That’s why we often buy or sell prematurely.
4. Zero-Risk Bias - If the risk is perceived as small, we assume there is no risk at all.
5. Overconfidence - We overestimate our knowledge and abilities.
It’s often because we know so little that we can’t have a clearer understanding. (Less knowledg
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Everyone's playing Elys, right? Add me as well!
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This is the greatest book ever written.
In this book, billionaire Charlie Munger reveals his top secrets to success.
Below are 21 of the most noteworthy life lessons from "Poor Charlie's Almanack."
1. Money buys freedom; use it wisely.
2. Tackle the difficult tasks first; the rest will feel easy.
3. Focus your energy on your top ideas. Skip the others.
4. Only collaborate with people you truly admire.
5. Great ideas are like hidden treasures. When you find one, bet heavily.
6. Stopping a bad habit is easier than trying to quit it.
7. Identify your core strengths and relentles
View OriginalIn this book, billionaire Charlie Munger reveals his top secrets to success.
Below are 21 of the most noteworthy life lessons from "Poor Charlie's Almanack."
1. Money buys freedom; use it wisely.
2. Tackle the difficult tasks first; the rest will feel easy.
3. Focus your energy on your top ideas. Skip the others.
4. Only collaborate with people you truly admire.
5. Great ideas are like hidden treasures. When you find one, bet heavily.
6. Stopping a bad habit is easier than trying to quit it.
7. Identify your core strengths and relentles
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The real risk is not AI developing consciousness to eliminate humanity, but:
1. Bad actors using AI to do bad things more easily (safety risk).
2. The wealthy becoming richer with AI, while the poor/middle class become poorer (economic risk).
3. Foolish people using AI to generate spam and drown out the truth (information risk).
4. Ordinary people becoming dumber and more vulnerable due to over-reliance on AI (human agency risk).
View Original1. Bad actors using AI to do bad things more easily (safety risk).
2. The wealthy becoming richer with AI, while the poor/middle class become poorer (economic risk).
3. Foolish people using AI to generate spam and drown out the truth (information risk).
4. Ordinary people becoming dumber and more vulnerable due to over-reliance on AI (human agency risk).
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Some people really say that they don't learn AI, and even refuse to use OpenClaw, as if it's equivalent to criminal activity.
OpenClaw is indeed a good way for some people to learn AI, but you can't force everyone to agree with you.
Just like AI will inevitably cause a large number of jobs to be lost, you can't just say, "Then wait to die," because capitalists still know how to recycle waste.
If someone doesn't learn AI and AI is necessary, what we should create is a world where people can live well even without AI.
You like OpenClaw, I like traditional handmade non-heritage cultural P
View OriginalOpenClaw is indeed a good way for some people to learn AI, but you can't force everyone to agree with you.
Just like AI will inevitably cause a large number of jobs to be lost, you can't just say, "Then wait to die," because capitalists still know how to recycle waste.
If someone doesn't learn AI and AI is necessary, what we should create is a world where people can live well even without AI.
You like OpenClaw, I like traditional handmade non-heritage cultural P
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How can you prove you're an AI power user with a single sentence or a picture?
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“You need patience, self-discipline, and agile thinking to stay calm in the face of failure and adversity, and not to break down.”
— Charlie Munger
View Original— Charlie Munger
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