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."

Science Is an Error-Correcting Mechanism
Does it really matter what browser I choose?

More Articles

View All
Engineering with Origami
Engineers are turning to origami for inspiration for all types of applications, from medical devices to space applications, and even stopping bullets. But why is it that this ancient art of paper folding is so useful for modern engineering? Origami, liter…
Legendary Ships 100 Years Apart | National Geographic Documentary Films
This ship sank more than 100 years ago, and this is how its modern equivalent found the wreck. I’m historian Dan Snow, and I was privileged to be on board Aulus 2 on our mission to find Endurance’s wreck. Endurance was just 144 ft long; Aulus is three ti…
Can YOU Fix Climate Change?
Never before in human history have we been richer, more advanced or powerful. And yet we feel overwhelmed in the face of rapid climate change. It seems simple on the surface. Greenhouse gases trap energy from the Sun and transfer it to our atmosphere. Thi…
Even and odd functions: Find the mistake | Transformations of functions | Algebra 2 | Khan Academy
[Instructor] We are told Jayden was asked to determine whether f of x is equal to x minus the cube root of x is even, odd, or neither. Here is his work. Is Jayden’s work correct? If not, what is the first step where Jayden made a mistake? So pause this …
Why creating a strong password really matters
All right, Guemmy. So, as long as I can remember on the internet, you know, there’s always been, you create passwords, and I feel like every year they’re asking me to create more and more hard or more difficult to remember passwords. Why is this happening…
Inspiration Through Photography | National Geographic
These quests are a challenge for these photographers, but they’re also a way to help them frame their experience. All three of them bring something unique; I think that’s what’s so rewarding about these assignments. They were put to the test. People surro…