On Saturday, I addressed Nigeria’s First Lady, H.E Mrs Aisha BUHARI, Governors and other eminent Leaders at the Aso Rock Villa. I assured them that my generation will not be used to snatch ballot boxes or perpetuate electoral Malpractise in this coming election.
An MIT professor gives a student $5 and says: send any amount to a stranger in this room. Whatever you send triples. The stranger decides how much comes back.
Rational answer: send nothing. You lose every dollar you trust.
Most students send almost everything. Most strangers return more than half. The math says keep it. The room says otherwise.
Then the professor runs a different game. Same cash. Same room. One student splits. The other can only accept. No rejection. No consequences.
The offers collapse. Not to zero. But enough to see the line between generosity and strategy.
One year a student got Swiss chocolate instead of cash. She was lactose intolerant. Gave away 100%. The professor noted it. The class laughed. Nobody noticed the point.
She had zero cost of generosity. The moment giving costs nothing, everyone is generous. The moment real money hits the table, the room divides into the same two groups every semester. People who send first. People who wait.
Labor, capital, arbitrage, insurance. Four ways to make money. All four require the same opening move.
You send value before you see a return. A paycheck after the work. A deposit before the interest. A bet before the edge. A premium before the claim.
The lecture is free. MIT filmed it years ago. The game runs every semester. The split barely changes.
Sending first is free. Knowing if it comes back is the part that costs something.
Yesterday I joined Dr Kadiri Hamzat at inauguration of the Lagos State APC Campaign Council at the Party Secretariat in Acme. Our journey to electing Dr Hamzat as the next Governor and re-election President Tinubu has received another boost. Happy Birthday KOS Sir! #RenewedHope
On March 28, 2008, Lehman Brothers asked Warren Buffett for up to $5 billion. He said no. 171 days later, the bank filed the largest bankruptcy in U.S. history.
Buffett spent Friday night reading Lehman’s filing. On the cover, he listed every page that raised a question. By the end, he had enough reasons to walk away.
On September 13, Barclays executive Bob Diamond called Buffett in Edmonton. Barclays wanted Berkshire to insure Lehman’s trades. The protection would last until shareholders could approve a takeover.
Buffett could not price the risk over the phone. He asked for the terms by fax. He returned to his hotel around midnight. No fax. Barclays had left a voicemail on his flip phone instead. Buffett’s daughter found it the following summer.
Lehman filed for bankruptcy on Monday, September 15. Eight days later, Berkshire put $5 billion into Goldman Sachs.
This deal could be calculated. The preferred shares paid 10% a year. Berkshire also received warrants to buy another $5 billion of Goldman stock at $115 per share.
Munger called the urge to end uncertainty quickly Doubt-Avoidance Tendency. Buffett kept the answer at no until he could explain the risk and calculate the price.
Before an urgent decision, ask two questions. Can I explain the downside? Can I calculate the terms? If either answer is no, do not let the deadline decide.
In his 1995 speech The Psychology of Human Misjudgment, Munger laid out 24 standard causes of misjudgment. He revised the text in 2005 and the list grew to 25.
The full checklist is in the article below.
@dayoisrael the strength of any movement lies in the commitment of its people and the structures they build at the grassroots.
Proud to identify with Mummy’s Men Movement and contribute to youth participation and grassroots mobilisation.
The journey continues. 🇳🇬
~~Hon. MK
I joined Governor Sanwoolu, Minister Tunji Alausa, Fmr Minister Wale Edun, DG NIMC and other members of the Lagos ruling elite at the Book Launch and Movie Premier to celebrate the 60th Birthday of Princess Aderemi Adebowale - National Coordinator of the National Home Grown School Feeding Program. Beyond the birthday celebrations, it was an opportunity for Princess to highlight the important of Child Nutrition and a call to action for leaders to increase attention given to Maternal and Child Healthcare. The investment in brain development of a child in their 1st 2000 days have a long term effect on future of the child.
If you want espionage + political intrigue + intelligence agencies + conspiracies, Add these 30 excellent picks to Your watchlist;
1. The Americans 🇺🇸 — Deep-cover Soviet spies living as an American family
2. Homeland 🇺🇸 — CIA operations, terrorism, politics and psychological warfare.
3. The Night Agent 🇺🇸 — FBI agent uncovers a conspiracy reaching the highest levels of government.
4. Slow Horses 🇬🇧 — MI5 agents, espionage failures and political conspiracies.
5. The Bureau (Le Bureau des Légendes) 🇫🇷 — Realistic French intelligence and deep-cover operations.
6. Fauda 🇮🇱 — Undercover intelligence operations and Middle Eastern conflict.
7. The Spy 🇮🇱 — An Israeli agent infiltrates Syria under deep cover.
8. Tehran 🇮🇱 — Mossad operative infiltrates Iran during a dangerous mission.
9. Bodyguard 🇬🇧 — Political assassination plots, terrorism and government secrets.
10. The Diplomat 🇺🇸 — International crises, political maneuvering and covert operations.
11. Jack Ryan 🇺🇸 — CIA intelligence, terrorism and geopolitical conspiracies.
12. Lioness 🇺🇸 — CIA special operations and covert missions.
13. The Little Drummer Girl 🇬🇧 — Cold War espionage and an elaborate intelligence operation.
14. Deutschland 83 🇩🇪 — East German spy infiltrates West Germany during the Cold War.
15. The Capture 🇬🇧 — Surveillance, intelligence manipulation and political conspiracies.
16. Condor 🇺🇸 — CIA analyst becomes the target of a deadly conspiracy.
17. The Looming Tower 🇺🇸 — Intelligence agencies and the events leading toward 9/11.
18. The Honourable Woman 🇬🇧 — International politics, espionage and Middle Eastern intrigue.
19. The Little Drummer Girl 🇬🇧 — High-level infiltration and Cold War intelligence games.
20. A Spy Among Friends 🇬🇧 — British intelligence, betrayal and Cold War espionage.
21. The Old Man 🇺🇸 — Former CIA operative dragged back into a dangerous geopolitical conspiracy.
22. The Recruit 🇺🇸 — CIA lawyer gets caught in international espionage.
23. Berlin Station 🇩🇪🇺🇸 — CIA officers deal with spies, leaks and political intrigue.
24. Rubicon 🇺🇸 — Intelligence analyst discovers a disturbing government conspiracy.
25. Treason 🇬🇧 — MI6 leadership, betrayal and political power struggles.
26. The Ipcress File 🇬🇧 — Cold War espionage and intelligence manipulation.
27. The Assets 🇺🇸 — CIA counterintelligence and the hunt for a Soviet mole.
28. The Company 🇺🇸 — CIA operations spanning the Cold War.
29. Patriot 🇺🇸 — Dark, unconventional espionage mixed with political intrigue.
30. Secret State 🇬🇧 — British government, corporate power and political conspiracy.
I joined Fmr President Obasanjo, Governor Aiyedatiwa, Incoming Governor Hamzat, Ooni of Ife and other High Profile Leaders at the 19th Anniversary of the Love of Christ Generation Church headed by Iya Adura Rev Mother Esther Ajayi in Lagos. Faith remains a cardinal point for the unity and strength of our nation. As we go into election period, we must continually be prayerful for our Nation and our Leaders. May God bless Nigeria
I asked my friend Patrick from Geneva why he put $15M into a SpaceX private placement after they lost $4.6B in Q1. He said: “I’m not investing in SpaceX. I’m investing in Elon Musk’s brain.” With $15M? Yes, he said. It will be good later.
- Aliko Dangote
The Dangote Refinery share, which is ₦525 per share now, will reach ₦10,000 per share. Your ₦5 million investment now will become over ₦50 million.
- Aliko Dangote
“Those small investors who want to buy with ₦50,000 or ₦100,000 will get approval first, then the rest will share.
“The share now is ₦525. This share will one day become ₦10,000. So if you buy and it becomes ₦10,000, and you put in ₦5 million, it becomes ₦50 million plus. You have become rich, and there is no need to sell. You don’t have to fear devaluation. You can choose dividend in naira or in dollars.”
- Aliko Dangote, in an interview with Abis Fulani
We came from the street… with big dreams, stubborn faith and people who prayed us through doors they would never enter themselves. Every step forward carries their sacrifice.
Today, we honour them by opening doors for others, nurturing their dreams and giving them the support to rise even higher than we have. From Lagos Mainland to the World
Yesterday we Celebrated Ogogo, Egbon Taiwo Hassan. He was a great big brother and community mentor to us - Omo Isale - Okobaba etc. We all stood together as member of the community to celebrate a man who gave his best to his Generation. Rest Well Sir T.
This is an article I wished existed at the time I was preparing to apply for the UK Global Talent Visa
Wrote this to make it easier for people who are applying or are trying to decide if they should apply
ChatGPT has quietly built a file on you. You've never seen most of what's in it.
Every message you send feeds it. It studies your patterns to map your personality and habits, things you never actually told it.
Here are 7 prompts to pull up everything it has on you, and wipe what you never agreed to:
INSTEAD OF WATCHING NETFLIX TONIGHT. Spend 2 hours with this. Claude AI FULL COURSE that teaches you how to BUILD and AUTOMATE anything. The people who watch this tonight will wake up tomorrow with a new skill. Watch it and bookmark it now.