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charlie.munger.wisdom

2024-04-12 13:11:38

if you take the modern world
where people are trying to teach you
how to come in and trade actively in stocks
but i regard that as roughly equivalent to try and induce a bunch younger you start off on heroin
is really stupid
and when you're already rich
to make your money by encouraging people to get rich by trading
and then there are people on the tv another wonderful place
and they say
i owe this book
that will teach you how to make three hundred percent a year
and all you have to do is pay for shipping
and i will mail it
to you
how likely is the person who had suddenly found a way to make three hundred percent a year
will be trying to sell books on the internet
too yep
yeah
it's ridiculous