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."

Discontinuities of rational functions | Mathematics III | High School Math | Khan Academy

Response to Critique of Edgar The Exploiter

View All

Naval Ravikant - 11 Rules For Life (Genius Rules)

If you find a mountain and you start climbing, you spend your whole life climbing it, and you get, say, two-thirds of the way; and then you see the peak is like way up there. But you’re two-thirds of the way up. You’re still really high up, but to go the …

Stunning Close-ups: Meet These Frogs Before They Go Extinct | National Geographic

I think it’s unfortunate that the first major wildlife disease outbreak in the world is affecting frogs because a lot of people don’t perceive frogs as charismatic and cute and important. But frogs have amazing personalities themselves. They are just as i…

Rise Again: Tulsa and the Red Summer | Full Documentary

[Music] So [Music] [Music] [Music] I feel a very strong spiritual connection to what’s happening in Tulsa. You know, I had to be there when they dug into the ground for the first time to search for Black people who were killed in the 1921 Tulsa race massa…