JFK's Story
Story★★★★One of John F. Kennedy’s favorite stories concerned French General Louis Lyautey. After World War I, the general asked his gardener to plant an oak tree in a particular part of his estate. The gardener noted that the tree the general had chosen was slow-growing and wouldn’t reach maturity for nearly a century. The general replied, “In that case, there is no time to lose. Plant it this afternoon.”
The point
JFK's favorite story: a general plants an oak tree knowing it won't mature for a century but argues 'there is no time to lose.' A parable of investing in futures beyond our lifetime.
