“Someone’s sitting in the shade today because someone planted a tree a long time ago,” is a Warren Buffett quote so well-known that consumers still shopping for the perfect holiday gift can easily find a T-shirt or mug with it.
It’s great if anyone feels inspired by this to plant a tree next spring, but Buffett made his reputation as an investor. He was talking about the value of thinking long term – how, with patience, a small investment can turn into a towering return.
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