In the early hours of this morning, I directed our Armed Forces to intercept a shadow fleet oil tanker attempting to pass through the English Channel.
This successful operation delivers yet another blow to Russia and reminds those fueling Putin's war in Ukraine that we will not let them hide.
I want to thank those involved, including our Armed Forces and law enforcement officers who keep this country safe 24 hours a day, 365 days a year.
Warren Buffett: “The most important thing about your circle of competence is not how large it is, but how well you've defined the perimeter.”
Buffett believed success comes from knowing your limits.
“There are all kinds of investment ideas I’m never going to understand.”
Fascism does not arrive saying “I am fascism.” It arrives saying “law and order,” “border security,” “anti-woke,” “election integrity,” and “national emergency.”
Daniel Kahneman - the psychologist who won a Nobel in economics - spent his life proving one thing: your confidence is lying to you
A bat and a ball cost $1.10. The bat costs $1 more than the ball. The answer "10 cents" jumps to mind instantly. It's wrong (it's 5 cents) - and ~50% of students at Harvard, MIT and Princeton say it without checking.
That gap is his whole point: the fast, intuitive mind builds a clean story from almost nothing, and the feeling of certainty has nothing to do with being right.
"Confidence is a feeling, not a judgment."
"Stock pickers can't develop intuition - there isn't enough regularity for it to form."
"You can build a very coherent story out of very little information."
~45 min, free. how your mind fools you - from a man who studied it for 50 years ↓
“Among the many forms in which the human spirit has tried to express its innermost yearnings and perceptions, music is perhaps the most universal. It symbolizes the yearning for harmony with oneself and others, with nature, and with the spiritual and sacred within us and around us. There is something in music that transcends and unites.”
- His Holiness the Dalai Lama
#DalaiLama #MusicForUnity #Grammy
Warren Buffett: “I will say this about investing: everything you learn is cumulative. What I learned at 20 is useful to me now. What I learned at 25 is useful to me now.”
Buffett & Charlie Munger on compounding knowledge & becoming a “Learning Machine”: