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Warren Buffett Once Compared Good Businesses to Old-Growth Trees: They

Question 49

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Warren Buffett once compared good businesses to old-growth trees: they take a long time to mature, and once they have matured, they tend to stick around. Why might today's market conditions discourage the planting and care of, in Buffett's metaphor, slow-growing "old-growth" trees? How might accountants and other financial experts encourage the "long view" of a company's financial growth?

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Today's market conditions might discoura...

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