yego.me
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."

Current | Introduction to electrical engineering | Electrical engineering | Khan Academy
Multiplying fractions by whole numbers word problem | Math | 4th grade | Khan Academy

More Articles

View All
Warren Buffett: "A Storm is Brewing" in the Real Estate Market
But it all has consequences, and I think we’re—well, we are starting to see the consequences of billionaire investor Warren Buffett’s warning about a major storm that is about to strike the US real estate market. This $1.4 trillion debt-fueled tsunami has…
my goals for 2022 🌈
Hi guys, it’s me Dirty. What’s up? For those who are new here, I’m Judy and welcome to my channel! Today, we’re gonna talk about goals for 2022 because it’s December and, like every basic bee out there, I’m setting for myself a bunch of goals that I am go…
Multiplying by j is rotation
Okay, there’s one more feature of complex numbers that I want to share with you, and we’ll do that down here. So, our definition of j is j squared equals minus 1. Now, what I want to do is a sequence of multiplications by j. This is a really important pr…
More on Newton's third law | Forces and Newton's laws of motion | Physics | Khan Academy
We should talk a little more about Newton’s third law because there are some deep misconceptions that many people have about this law. It seems simple, but it’s not nearly as simple as you might think. So, people often phrase it as, “For every action, th…
Confronting Kevin O’Leary | How He Spends $400 Million Dollars
By the end of the year, I’m writing off millions of dollars. That’s a mistake. I make money selling potatoes with people’s pictures on them. It’s a huge hit. You’re dead to me, and you are because I’m out. What’s up, you guys? It’s Graham here. So, as so…
Difference between wealth and income | Macroeconomics | Khan Academy
Before talking more about inequality, I think it’s worth talking about the difference between wealth and income. Wealth and income often get confused in conversations about inequality. As you can imagine, these two things move together. You tend to associ…