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."

Simple Aspect | The parts of speech | Grammar | Khan Academy
The feeling of wanting to leave everything behind...

More Articles

View All
Inside The $100,000,000 Empire Of Dhar Mann
What’s up, you guys? It’s Graham here, and today I’d like to introduce you to one of the most successful entrepreneurs you probably didn’t expect, Darman. At the age of 30, after nearly having to move back in with his parents, he developed a series of mot…
A Brief History of Grand Canyon National Park | National Geographic
The Grand Canyon. Enormous, iconic, breathtaking. 2019 marks Grand Canyon National Park’s 100th anniversary. But how did it get to be such a beloved destination? Archeological artifacts suggest that people lived in and around the canyon some 12,000 years …
The ULTIMATE Beginners Guide to making Passive Income Step-By Step
What’s up, you guys? It’s Graham here. So let’s talk about probably one of the most in-demand, most asked for, biggest topics on the history of the internet and YouTube, and that is making passive income. Now, I’ve said it before, and I’ve said it again,…
The First Amendment | The National Constitution Center | US government and civics | Khan Academy
Hi, this is Kim from Khan Academy, and today I’m learning more about the First Amendment to the US Constitution. The First Amendment is one of the most important amendments to the Constitution, if not the most important. It reads, “Congress shall make no …
NYT's David Leonhardt on inequality, the economy and the Covid-19 crisis | Homeroom with Sal
Hi everyone, Sal Khan here from Khan Academy. Welcome to our daily homeroom live stream, which is really just a way of having interesting conversations and staying connected during this time of school closures and social distancing. Before we get into wh…
Play Long-term Games With Long-term People
I like a little bit about what industries you should think about working in, what kind of job you should have, and who you might want to work with. So you said one should pick an industry where you can play long-term games with long-term people. Why? Yeah…