Charlie Munger says that he wants to shoot fish in a barrel, but only after all the water has been let out…. When I look at the people that I would normally think of as very good investors, basically, those folks are really good investors but they aren’t fishing where the fish are. And it doesn’t matter how good of a fisherman you are if you’re not fishing where the fish are.
—Mohnish Pabrai
Wondering Whom to Read Next?
Warren Buffett American Investor
Charlie Munger American Investor, Philanthropist
Ray Dalio American Investor
Jesse Lauriston Livermore American Investor
T. Boone Pickens American Businessman, Financier
David Rockefeller American Businessman, Philanthropist
Peter Thiel American Entrepreneur
Al Gore American Politician, Environmentalist
Benjamin Graham American Investor
Richard Rainwater American Investor