Someone's sitting in the shade today because someone planted a tree a long time ago.

Analysis

The quote is widely cited in interviews and writings about Buffett, including his 2005 shareholder letters and public speeches. It reflects his philosophy on long-term investing and the value of patience. No credible sources dispute its attribution to him.

Background

Warren Buffett, CEO of Berkshire Hathaway, is known for his folksy wisdom and long-term investment strategies. This quote aligns with his frequent emphasis on delayed gratification and compounding benefits over time.

Verdict summary

Warren Buffett did make this statement, and it is a well-documented quote attributed to him.

Sources consulted