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."

One of the BEST way to save on taxes: What is a 401k

Predatory Shark Attacks | When Sharks Attack

View All

Identifying symmetrical figures | Math | 4th grade | Khan Academy

Which shapes are symmetrical? To answer this, we need to know what it means for a shape to be symmetrical. A shape is symmetrical if it has at least one line of symmetry. A line of symmetry, and now that answer is only helpful if we know what a line of sy…

Work-Energy Principle Example | Energy and Momentum | AP Physics 1 | Khan Academy

So the work energy principle states that the net work done on an object is going to equal the change in kinetic energy of that object. And this works for systems as well. So, the net work done on a system of objects is going to equal the change in the tot…

Rediscovering Glen Canyon's Lost Wonders by Kayak | Short Film Showcase

So we’re up early in the morning and we’re heading across the bay to the Cathedral in the desert, which is a place we’ve all been looking forward to. It’s this beautiful alcove back at the end of the high-water mark in the Escalante canyons, and it’s been…