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."

Lateral & total surface area of cylinders | Grade 8 (TX) | Khan Academy

The View From Above | Stoic Exercises For Inner Peace

View All

Solving 3-digit addition in your head | 2nd grade | Khan Academy

[Voiceover] What I want to do in this video is go over some techniques for doing mental addition. Now, if I saw something like 355 plus 480, if you have some paper around, you could write these numbers down and do your traditional addition, but you might …

2015 AP Chemistry free response 2a (part 1 of 2) | Chemistry | Khan Academy

Ethine (C₂H₄) molar mass of 28.1 g per mole may be prepared by the dehydration of ethanol (C₂H₅OH) molar mass 46.1 g per mole using a solid catalyst. A setup for the lab synthesis is shown in the diagram above. The equation for the dehydration reaction is…

Median, mean and skew from density curves | AP Statistics | Khan Academy

In other videos, we introduce ourselves to the idea of a density curve, which is a summary of a distribution—a distribution of data. In the future, we’ll also look at things like probability density. But what I want to talk about in this video is to thin…