Which famous person said, "What the wise do in the beginning, fools do in the end"?

The renowned U.S. business magnate, investor, and philanthropist Warren Buffett (b. 1930) is credited with making the statement, "What the wise do in the beginning, fools do in the end". Literary pundits made assessments when they printed reviews concerning "The Essays of Warren Buffett" (1997). Regarding Buffett's above quote, they held that his view concerned wise people (who are unfortunately a minority) that come up with new and successful ideas. Because their ideas are good, often a rush of fools (unfortunately the majority) will seek to cash in on any and all popular ideas of smart and successful individuals. They (the majority) don't do the work to develop new ideas.

Warren Edward Buffett was born in Omaha, Nebraska. During his life, he has been the chairman and largest shareholder of Berkshire Hathaway since 1970. He has been referred to as the "Oracle" or "Sage" of Omaha by global media. He is noted for his adherence to value investing, and his personal frugality despite his immense wealth. In August of 2020, he reached the age of 90.