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."

Resistance | Vocabulary | Khan Academy

YC Partner Panel at the Seattle Female Founders Conference

View All

Ottoman, Safavid and Mughal Empires | World History | Khan Academy

We are now going to go further in our study of the evolution of the empires in Asia, and in this video, we’re going to focus on what happens in North India, Persia, the Middle East, and the Anatolian Peninsula, what we would consider modern-day Turkey. So…

Desining from Day One: Artists as Founders: Multiverse (S20) - YC Gaming Tech Talks 2020

Um, so we’re Multiverse. We did YC W20, so that was from like January to March of this year, just before Corona hit. Um, so, you know, Multiverse, we’re making next generation tabletop RPGs. You can think of us like a mix between D&D and Roblox. We wa…

My $5 Million Dollar Investment That Makes $550 Per Day

What’s up, you Graham? It’s guys here, so let’s finally talk about one of the most requested topics here in the channel, and that would be a complete breakdown of my five million dollar stock market portfolio. Exactly what I’m invested in and my strategy …