See Warren Buffett
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- 1-2.0 It is better to be roughly right than precisely wrong
- 2-1b2 Play in different time horizon. That is, in the long-run.
- 3-1a4b2 Price can only convey so much
- 5-1b4a Amara’s law - we expect too much in the short-run, but too little in the long-run
- 8-1b3f1 You can value tokens using traditional financial metrics (e.g., PE ratio) by studying the cash flows and burn rates of blockchain networks
- 10-2g3d1 Humans do stupid things because we can guess and create meanings. Our ability comes with a great cost of potentially doing very (infinitely) stupid things.