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."

Constitutional powers of the president | American civics | US government and civics | Khan Academy

The Biggest Watch Store in Las Vegas l Exclusive Tour

View All

It's not complicated

You know when you’re walking down the street and you see a dude, and he’s muscular, and you think to yourself, “That guy looks pretty good. He’s nice and jacked. He takes care of himself.” A stupid question is wondering how he got that way, ‘cause everybo…

Worked example: area between curves | AP Calculus AB | Khan Academy

What we’re going to do using our powers of calculus is find the area of this yellow region. If at any point you get inspired, I always encourage you to pause the video and try to work through it on your own. So, the key here is you might recognize, “Hey,…

Zoroastrianism | World History | Khan Academy

So in any discussion of ancient Persia, we quickly talk about the faith of the Achaemenid Empire, and that’s Zoroastrianism. It’s popularized by Cyrus the Great when he establishes the Achaemenid Empire, takes over the Median Empire, the Babylonian Neo-Ba…