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."

FIRST VIDEO OF NEW SPIDER SPECIES! - Smarter Every Day 78

From CHAOS to CALM | STOIC STRATEGIES for OVERTHINKING RELIEF | STOICISM INSIGHTS

View All

Generating inputs and outputs of a function

So we’re asked to pick any three pairs of corresponding input and output values of the following function and fill the table accordingly, and if necessary, round our answers to the nearest 0.1. Our function is defined as: if I input a t, what I’m going t…

Finding the mean and standard deviation of a binomial random variable | AP Statistics | Khan Academy

We’re told a company produces processing chips for cell phones at one of its large factories. Two percent of the chips produced are defective in some way. A quality check involves randomly selecting and testing 500 chips. What are the mean and standard de…

Introduction to Islam | World History | Khan Academy

The word Islam can best be translated into English as meaning surrender, and in the context of the Islamic faith, it’s referring to a surrender to the will of God. Now, a Muslim is someone who practices Islam, one who submits to the will of God. The centr…