Page 28 - Intra Muros June Issue 2025
P. 28

GARDENING



























                                 THE VALUE OF TREES





            esidents,  you  may  be  wondering   We at Silver Lakes have a tree-planting plan   Charlie Munger’s wise words
            why  the  environmental  committee   each  year.  However,  those  of  us  on  the   For your benefit, readers, I have reproduced
       Rmembers  have  been  so  adamant    environmental  committee  are  sometimes   Mancini’s article in Yahoo Finance, in which
        about saving trees and planting more trees.   overwhelmed  by  all  the  tree  removal   the  late  US  investor  and  philanthropist
        Indeed,  these  members  (myself  included)   requests we receive. It’s far more beneficial   Charlie  Munger  –  who  is  best  known  as
        have  maintained  trees  that  were  planted   to build your wall around a tree trunk or its   the  business  partner  of  Warren  Buffett
        more than 30 years ago.             roots that are in the way than saw it down.  at  multinational  Berkshire  Hathaway  –
                                                                                 mentions the importance of trees. Read on:
        Here’s your answer: in an article published   Sure, we can sometimes feel that trees are
        on  8  May  in  the  online  platform  Yahoo   a nuisance – the leaves fall and mess up our   Billionaire Charlie Munger said: “If you
        Finance, writer Jeannine Mancini mentions   gardens; there are seed pods or roots in the   want to add value to a home, invest in lush
        what  we  all  know  but  sometimes  forget:   way; there’s too much or too little shade, etc.   landscaping – spend money on trees and
        how   important   “plantscapes”   are,   – but trees may well be our best investment.   you get it back triple-fold.”
        especially  trees.  Street  trees  are  one  of   Keep  them,  nurture  them  and  plant  more
        the most important features that uplift an   trees.  Real  estate  researchers  have  proven   If you’re a homeowner looking to boost your
        area’s value, sometimes by as much as 35%.  the value of trees many times over.   property’s value, your mind probably jumps
                                                                                 to the  usual suspects: kitchen upgrades,
                                                                                 bathroom overhauls, maybe even a fancy
                                                                                 new roof. But according to billionaire Charlie
                                                                                 Munger, you may be overlooking the real
                                                                                 jackpot: your front yard.

                                                                                 That’s right. Landscaping.

                                                                                 “Lush landscaping, that’s what sells,” Munger
                                                                                 once declared, according  to  Janet Lowe’s
                                                                                 biography  titled  Damn  Right:  Behind  the
                                                                                 scenes  with  Berkshire  Hathaway  billionaire
                                                                                 Charlie  Munger. “You spend money on
                                                                                 trees, and you get it back triple. Stinting on
                                                                                 landscaping is building malpractice.”

                                                                                 Triple. Not a bad return, especially coming
                                                                                 from the man who stood beside Warren
                                                                                 Buffett, one of the top 10 richest people on
                                                                                 the planet. If anyone knew how to turn a
                                                                                 dollar into three, it was Charlie Munger.


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