(September 22, 2010) At first blush, 48-year-old rapper Jay-Z and 87-year-old investor Warren Buffett may seem like opposites: Jay-Z, born Shawn Carter, grew up during the 1970s in public housing in Brooklyn, New York. Buffett was raised in the ’30s in Omaha, Nebraska, the son of a stockbroker and congressman. Carter is an artist and Buffett loves numbers.
And yet, the pair have more in common than their outrageous success (Carter’s net worth is estimated to be more than $900 million and Buffett’s tops $81 billion). The two share a mindset that they say has been critical in business: long-term thinking.