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
Light Pollution 101 | National Geographic
[Narrator] The invention of the electric light bulb, 150 years ago, was one of the most transformative milestones in history. This new form of light, artificial light, brightened and made safe once-dark streets, prolonged waking hours into the evening, an…
Turning Roadkill Into Art | National Geographic
I think what I’m aiming for is this notion of, I guess, seduction and revulsion. Something that’s really beautiful, really lush, rubbing up against something that’s also perhaps repulsive. I’m an artist and roadkill resurrector. The first body of work th…
The True Cost of the Royal Family Explained
Look at that! What a waste! That Queen living it off the government in her castles with her corgis and gin. Just how much does this cost to maintain? £40 million. That’s about 65p per person per year of tax money going to the royal family. Sure, it’s stil…
The Most Important Things That Make or Break a Good Life
Hello Elixers and welcome back to our channel! This video is for everybody, regardless of where you are in your life, sort of a back to basics. You know, it’s good to have a refresher once in a while. We know you’ll love this one. Welcome to Alux! Now, …
RECESSION ALERT: The FED Just Crashed The Stock Market
Welp, I thought this is going to be a normal day. As I woke up, opened my computer, took a sip of coffee, expected to get more recommendations on Johnny Depp’s trial, and was immediately hit by the headline: GDP fell by 1.4 percent, leading to the concern…
Baby Making On Mars | StarTalk
We will actually send in each crew two men and two women. But of course we don’t know yet. Scientists don’t know yet if, uh, if fertilization works in reduced gravity of Mars. We don’t know how a fetus will develop in the reduced gravity of Mars. So befo…