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."

How Can Trees Be Taller Than 10m?

Greedflation: This Cost of Living Crisis Is Unlike Any Other.

View All

Activate – Trailer | National Geographic

I was lucky enough to be born into a situation where the basic necessities of life—food, shelter, clothing, education—were freely available to me. Nothing I did; I just happened to get it. And then there’s a billion people on the planet—nothing they did, …

BREAKING: THE PROBLEMS WITH YOUR FREE $10,000 STIMULUS MONEY

What’s up you guys? It’s Graham here. So, we have to have a talk about this because, from what I could see, this is a pretty big deal that almost no one is covering yet. Trust me, this will turn out to be a pretty big issue if it doesn’t get resolved in t…

Is Glass a Liquid?

In 1994, a massive earthquake shook the Northridge suburb of Los Angeles, killing 57 people and injuring over 5000. The cost of damages was in excess of $20 billion. It’s earthquakes like this one that make us question just how solid is the earth beneath …