Dhetti's Licensing Advice

The great computer scientist Robbie Fan (Dhetti) managed to explain to me about three most popular open source licenses using very simple words, what a technological genius!

Below is from Robbie,

GPL: you must also open your source if you statically link to this software.

LGPL: you can dynamically/statically link to this software, without open your source. Meanwhile, if you do any modification or distribute our software, you must also deliver the source.

BSD: You must mention that you used our software, and you mustn't use our company name to do advertisement for your software. Besides, do whatever you want.

Even it's said this way, I can't understand it right now. have to leave it here for me to refer to later on.