Charlie Munger Destroys Fake Gurus in 1 Minute

less than 1m read

·Jan 31, 2025

If you take the modern world where people are trying to teach you how to come in and trade actively in stocks, what's up? Tim Sykes, millionaire mentoring trader here.

I want to teach you. I want to help you. Well, I regard that as roughly equivalent to trying to induce a bunch of young people to start off on heroin.

We're here to support you. I want to see you on this jet with us next time. It's awesome, and you can totally do it. You've enjoyed this right? Now you love guts, you just don't know it.

It is really stupid and when you're already rich, to make your money by encouraging people to get rich by trading. If you're a millionaire, why sell a course?

Then there are people on the TV and they say, "I have this book, it will teach you how to make 300 a year." The millionaire booklet's going to give you eight steps and guess what? All you have to do is pay for shipping. First, you're going to pay shipping and handling, and it's ridiculous.

The people who do this all day think they're useful citizens, but they mislead you on purpose and I get tired of it. I don't think it's right.

You're giving away your free book; you're just trying to sell me stuff.

"Of course I am! I have no shame. I have no guilt. I have no hesitation."

Analyzing structure with linear inequalities: balls | High School Math | Khan Academy

The ULTIMATE ADVICE For Every 20 Year Old! | Shark Tank's Kevin O'Leary

View All

15 Skills That Pay Off Forever

The skills that we’re talking about here today have the largest impact on both your personal and professional life. They stick with you for your entire life and will continuously improve the quality of your existence. Most of them are a bit difficult to m…

The Gray Rock Method | Beat ‘Toxic People’ with Serenity

Some people really get in our hair. Moreover, there are individuals that, for some reason, take delight in getting emotional reactions out of others. When they succeed, they win, and their ability to hurt gives them a sense of power. Whether we call them …

Dihybrid cross and the Law of Independent Assortment | High school biology | Khan Academy

In this video, we’re going to build on our understanding of Mendelian genetics and Punnett squares by starting to think about two different genes. So we’re going back to the pea plant, and we’re going to think about the gene for pea color and the gene for…