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Warren Buffett’s longtime business partner, the late Charlie Munger, had a reputation for being blunt when speaking with shareholders.

Whether he was talking about building wealth or expressing skepticism about cryptocurrency, Munger would often speak candidly.

During a 2019 shareholder meeting for his company, Daily Journal, Munger shared some choice words about day-trading influencers (1). In short, he wasn’t a fan of social media gurus teaching inexperienced investors how to trade stocks.

“If you take the modern world where people are trying to teach you how to come in and trade…