This is the kind of stories I love
Nice.
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| The Investment Banker and The Mexican Fisherman http://naturalfreedom.info/viewtopic.php?f=7&t=413 |
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| Author: | peregrinus [ Mon Aug 09, 2010 11:24 am ] |
| Post subject: | The Investment Banker and The Mexican Fisherman |
Some of you have probably heard this story before. It contains a lesson well worth considering. An investment banker stood at the pier of a small coastal Mexican village when a small boat with just one fisherman docked. Inside the small boat were several large yellowfin tuna. The banker complimented the fisherman on the quality of his fish and asked how long it took to catch them. The fisherman replied, “Only a little while.” The banker then asked why didn’t he stay out longer and catch more fish? The fisherman said he had enough to support his family’s immediate needs. The banker then asked, “But what do you do with the rest of your time?” The fisherman said, “I sleep late, fish a little, play with my children, take siestas with my wife, stroll into the village each evening where I sip wine, and play guitar with my amigos. I have a full and busy life.” The investor scoffed, “I am an Ivy League MBA and could help you. You should spend more time fishing and with the proceeds, buy a bigger boat. With the proceeds from the bigger boat, you could buy several boats, and eventually you would have a fleet of fishing boats. “The investor continued, “And instead of selling your catch to a middleman you would then sell directly to the processor, eventually opening your own cannery. You would control the product, processing, and distribution! You would need to leave this small coastal fishing village and move to Mexico City, then Los Angeles and eventually New York City, where you will run your expanding enterprise.” The fisherman asked, “But how long will this all take?” To which the banker replied, “Perhaps 15 to 20 years.” “But what then?” asked the fisherman. The banker laughed and said, “That’s the best part. When the time is right you would announce an IPO and sell your company stock to the public and become very rich. You would make millions!” “Millions. Okay, then what?” wondered the fisherman. To which the investment banker replied, “Then you would retire. You could move to a small coastal fishing village where you would sleep late, fish a little, play with your kids, take siestas with your wife, and stroll to the village in the evenings where you could sip wine and play your guitar with your amigos.” |
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| Author: | GoldenBoy [ Sat Jul 14, 2012 8:41 pm ] |
| Post subject: | Re: The Investment Banker and The Mexican Fisherman |
This is the kind of stories I love Nice. |
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| Author: | Aragorn [ Sat Jul 14, 2012 11:36 pm ] |
| Post subject: | Re: The Investment Banker and The Mexican Fisherman |
Man, it's sad to see how we miss the good things in life. Thanks for sharing, grinus. |
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| Author: | Dali [ Mon Jul 16, 2012 1:07 am ] |
| Post subject: | Re: The Investment Banker and The Mexican Fisherman |
Yesterday I had the same disscusion with my friends. And we kept asking... Then what? 
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| Author: | Scarf [ Thu Jul 19, 2012 8:36 am ] | |
| Post subject: | Re: The Investment Banker and The Mexican Fisherman | |
Brilliant.
Man, it's sad to see how we miss the good things in life.
Exactly right. |
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| Author: | Sai [ Thu Jul 19, 2012 12:51 pm ] |
| Post subject: | Re: The Investment Banker and The Mexican Fisherman |
Who knows, maybe that's why the guy can live like how he lives now. |
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| Author: | The Kidd!! [ Sat Aug 04, 2012 6:42 pm ] |
| Post subject: | Re: The Investment Banker and The Mexican Fisherman |
As long as you can live comfortably (by YOUR standards) within your means, you will always be a rich man. 
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| Author: | TheDude [ Mon May 25, 2020 5:17 pm ] | ||
| Post subject: | Re: The Investment Banker and The Mexican Fisherman | ||
Bump Powerful story!
The fisherman said he had enough to support his family’s immediate needs.
One part that came up was also take into consideration those "rainy days" we have that are unexpected. Emergencies happen and having a savings/buffer goes a long way.When I read thee quote above (^) I was thinking, "what if the fisherman get's ill for 2-weeks and can't work...what will the family do?". I would add this to the quote...
The fisherman said he had enough to support his family’s immediate needs and save a little for later.
Much better!
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