07/05/2025
这个故事是由丽露分享的 - 它是一颗宝石。
他谈到他与查理·芒格二十年的友谊。 是的,那个查理·芒格。 每年夏天,他们的家人都会聚集在明尼苏达州的星岛,周围是该州最大、最美丽的湖泊之一。 你会认为他们会在那里钓鱼。 但没有。
相反,他们会跳上一艘船去大陆,跳上一辆卡车,开车一个小时去一些随机的小湖。 每一次旅行? 新的景点。
最后,丽露问了一个明显的问题:“为什么不只是在这里钓鱼,就在星岛旁边? ”
查理耸耸耸肩说:“你可以试试看。” ”
丽露就这样做了。 是的 - 没什么。 几乎没有咬一口。
秘密? 当地一个叫Donnie的钓鱼指南。 他的家人几代都经营着一家诱饵店。 唐尼知道湖泊就像他的手背——哪些有鱼,哪些没有鱼,哪种,哪种季节,甚至湖的哪一部分捕鱼。 芒格总是跟随唐尼的领导——他们总是抓到鱼。
那时,芒格放弃了他的原则(不仅仅是在捕鱼,也在投资):
“鱼在哪儿。 ”
两条规则,他说:
1、 鱼在哪里。
2。 永远不要忘记第一条规则。
这是关于投资 — 和生活。 不要因为最大的池塘看起来令人印象深刻,浪费时间。 去机遇在的地方。 通常,那是在较小、被忽视的景点。 那些竞争较少的人。 那些还没有人谈论的。
这才是真正的捕获。
This story was shared by Lilu — and it's a gem.
He talked about his twenty-year friendship with Charlie Munger. Yes, that Charlie Munger. Every summer, their families would gather on Star Island in Minnesota, surrounded by one of the state’s biggest, most beautiful lakes. You’d think that’s where they’d fish. But nope.
Instead, they’d hop on a boat to the mainland, jump into a truck, and drive an hour to some random smaller lake. And every trip? A new spot.
Eventually, Lilu asked the obvious question: “Why not just fish here, right next to Star Island?”
Charlie shrugged and said, “You can try it.”
So Lilu did. And yep — nothing. Barely a nibble.
The secret? A local fishing guide named Donnie. His family had been running a bait shop for generations. Donnie knew the lakes like the back of his hand — which ones had fish, which ones didn’t, what kind, what season, even which part of the lake to fish in. Munger always followed Donnie’s lead — and they always caught fish.
That’s when Munger dropped his principle (not just in fishing, but in investing too):
“Fish where the fish are.”
Two rules, he said:
1. Fish where the fish are.
2. Never forget rule number one.
It’s about investing — and life. Don’t waste time in the biggest pond just because it looks impressive. Go where the opportunities are. Often, that’s in the smaller, overlooked spots. The ones with less competition. The ones no one’s talking about yet.
That’s where the real catch is.
