Longterm focus essential for sustainable growth from "summary" of Essays of Warren Buffett by Lawrence A. Cunningham
Warren Buffett emphasizes the importance of maintaining a long-term focus when it comes to achieving sustainable growth in any business. This principle is fundamental to his investment philosophy and has been a key factor in his success over the years. According to Buffett, it is crucial for businesses to think beyond short-term gains and focus on building a solid foundation for long-term success. This means making decisions that may not show immediate results, but will ultimately lead to sustained growth and profitability in the future.
By taking a long-term view, companies can avoid the ...
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