Charlie Munger：Munger's 1994 USC Talk, Additional Excerpt 15

That's what happened to The Saturday Evening Post and all those things. They're gone. What we have now is Motocross —which is read by a bunch of nuts who like to participate in tournaments where they turn somersaults on their motorcycles. But they care about it. For them, it's the principal purpose of life. A magazine called Motocross is a total necessity to those people. And its profit margins would make you salivate.

Source： https://web.archive.org/web/20140625062802/http://ycombinator.com/munger.html
Locator：Archived transcript, additional excerpt 15 · Verified：2026-10-19 · Verification：Short excerpt

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