Story of time 

Often heard the saying: Every penny you make is your realization of the world.
Every penny you lose is due to a flawed understanding of the world.

When you don’t understand something, don’t do it, you will definitely lose.
When you want to rely on others to make money, you quickly disembark, it’s impossible!
You can’t make money on others.
Unless I understand this matter, I will not do this matter.
If I want to do it, then understand.

You can’t make money you don’t understand,
You can’t cooperate with people you can’t control
You can never succeed in that field without doing anything or knowing nothing.

You can only do things within your circle of competence, keep working hard and focus in the field you are good at, as long as you can survive, you will be able to defeat most people.

So being a person and doing things still need to do what you can, and never let your desires exceed your abilities.
You must make yourself worthy of your desires.
You must make yourself worthy of your desires.
You must make yourself worthy of your desires.
When you have some unrealistic ideas, please judge yourself first:
who are you?
what do you like? What are you good at?
What is your deepest love for this world?
Then make judgments based on your ability circle.

As Munger said:
“If you don’t know where the boundaries are, it can’t be regarded as an ability.
If you don’t know where your abilities are, you will be trapped in disaster.”

Never do anything outside of your ability circle.If you really want to do it, understand it first.