yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

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."

More Articles

View All
Finding equivalent ratios in similar quadrilaterals | Grade 8 (TX) | Khan Academy
We are told Lucas dilated quadrilateral ABCD to create quadrilateral WXYZ. So it looks like he rotated and zoomed in or made it or expanded it to get this other quadrilateral. The fact that we used these types of transformations like a dilation and it loo…
Target Practice for Turkeys | Live Free or Die
So I’m going to, I’m going to call out some of these turkeys to go on a date with me, and I’ve been working on my call really. Yeah, it goes like this: you sounded like a turkey. Spring and turkey hunting go hand in hand. At the mountains of North Carolin…
$500 MILLION DOLLARS - Smarter Every Day 179
Five hundred million dollars— that’s a lot of money! If someone just handed you five hundred million dollars and said, “Here, go do something good for society,” what would you do? I don’t know if you know it, but society is kind of divided right now. It’s…
what exchange students don't tell you
During my exchange year, I had a surgery, and here are the photos of that surgery. When it comes to exchange, there is something that most of the exchange students don’t tell you, so today I’m gonna spill all of the tea about student exchange. Hi guys, i…
Why Don't Any Animals Have Wheels?
Hey, Vsauce, Michael here, and today we are going to ask a question—why don’t any animals have wheels? I mean, animals use a plethora of complicated locomotive techniques—slithering, fins, legs, wings—but yet, no animal has wheels. What’s really paradoxi…
Creativity break: How are math and creativity changing the world? | Algebra 1 | Khan Academy
[Music] The math underpins everything in our universe, so it impacts every corner of our society. But over the past decade, in particular, the advances in computer technology and the introduction of machine learning and artificial intelligence has been ma…