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."

Safari Live - Day 246 | National Geographic

Ray Dalio & Bill Belichick on Going From Nothing to Something Big: Part 1

View All

14 minutes of more useless information..

[Music] As I was getting ready to go out the other day, I realized I couldn’t button my pants up all the way. I realized I was gravitationally challenged and that I had been growing in all the wrong directions. So I started doing what any reasonable perso…

Ron Howard and Brian Grazer Talk 'Genius' | National Geographic

I’m Ron. I’m Brian, and we’re here to talk to you about National Geographic’s first scripted show on genius. We’re focusing on Albert Einstein: 10 episodes that encompass his entire life. We, as contemporary people in this contemporary civilization that …

Writing a quadratic function from solutions | Algebra 1 (TX TEKS) | Khan Academy

We’re told a quadratic function ( f ) has two real solutions ( x = -3 ) and ( x = 5 ) that make ( f(x) = 0 ). Select the equations that could define ( f ) in standard form. So, pause this video and have a go at that before we do this together. All right,…