Investment Banker Wisdom
The investment banker was 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 yellow fin tuna.
The
investment 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 investment 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 investment 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 siesta with my wife, Maria, stroll into the village
each
evening where I sip wine and play guitar with my amigos, I have a
full
and busy life, senor."
The investment banker scoffed, "I am a Harvard 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,
eventually
you would have a fleet of fishing boats. Instead of selling your
catch to a
middleman you would sell directly to the processor, eventually
opening
your own cannery. You would control the product, processing
and
distribution. You can leave this small coastal fishing
village and move to Mexico City,
then LA and eventually NYC where you will run your expanding
enterprise."
The fisherman asked, "But senor, how long will this all
take?"
To which the American replied, "15-20 years."
But what then, senor?
The American 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, senor? Then what?
The American said, "Then you would retire. Move to a small
coastal
fishing village where you would sleep late, fish a little, play
with your
kids, take siesta with your wife, stroll to the village in the
evenings
where you could sip wine and play your guitar with your
amigos."
- Anonymous
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