yego.me
yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

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."

The Philosophy of Dune
Photosynthesis | Energy and matter in biological systems | High school biology | Khan Academy

More Articles

View All
A Baby Golden Snub-Nosed Monkey | Hidden Kingdoms of China
NARRATOR: Thousands of feet higher up, in an altogether different type of forest, there lives another very special creature that is also unique to China. The golden snub-nosed monkey only lives here in the high mountain forests of central China. [music pl…
The Billion Ant Mega Colony and the Biggest War on Earth
In nearly every corner of the earth, ants wage war against each other. Their weapons are what nature gave them. Some have strong armor, deathly stingers, or sharp mandibles. And then there’s this tiny and not very impressive ant, but it rules the biggest …
True Signs You're a Winner or LOSER | Kevin O'Leary
I can sit in a room with somebody for 15 minutes and know if I’ve got a winner or not, and 99% of the time I’m right. So, I listen to the gut, and I listen to the person, I listen to the plan. I know it’s gonna work or it isn’t; I just know I’m that good.…
Meta's Creepy AI Celebrities
What if you were able to have your loved ones live on with you long after they’re gone, to hear their voice, experience their laugh, get their advice, and tell inside jokes that only the two of you know? If someone told you they could make that happen, wo…
How to learn Japanese in the easiest ways - Japanese learning tips from a native polyglot 🇯🇵
How can I learn Japanese? Where should I start? Should I learn Hiragana, Katakana, kanji first? How to pronounce Japanese words? Why is Japanese so complicated? I don’t know anything about kanji. Those are the most common things that I hear about learning…
The Rise of the Machines – Why Automation is Different this Time
How long do you think it will take before machines do your job better than you do? Automation used to mean big, stupid machines doing repetitive work in factories. Today, they can land aircraft, diagnose cancer, and trade stocks. We are entering a new age…