wu fan|Oct 09, 2026 12:01
A 'peripheral girl' going ashore means finding an honest man to marry,
hiding her achievements and past, pretending those experiences never existed.
A trader going ashore means staying far away from any leverage in the market that could lead to liquidation,
becoming a value investor and achieving steady growth through reasonable allocation.
Do you know what 'going ashore' means for a value investor?
It’s shutting down the company and enjoying life with beautiful women and beaches
In 1956, 62-year-old Graham shut down his fund company.
His long-term returns outperformed the market by 2.5% annually,
which is already incredible.
But he chose to retire and move to California to enjoy life.
That’s so rare.
Earning a lot and still wanting to earn more is the norm for most people.
Buffett couldn’t bear to retire his whole life.
Munger is somewhere between retirement and working—
not overly frugal, but not overly obsessed with making money either.
But Graham truly treated making money as a means to an end,
with a beautiful life as the ultimate goal.
Let me ask you this:
If you truly had enough money to last a lifetime,
with no pressure to earn more,
would you change your current lifestyle?
If yes, then it means you’re the one who wants to retire.
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