3 Stocks That Could Create Lasting Generational Wealth
There are hundreds, if not thousands of stocks that have excellent growth potential, but not all of them make excellent "generational" investments. Many stocks have too much downside risk, while others need too much to go right in order to beat the market. On the other hand, some have massive opportunities, great track records, and therefore make great candidates for stocks to buy and hold for the rest of your life (and then some).
With that in mind, here are three stocks – all of which I own in my personal stock portfolio – that I think have excellent chances of delivering long-term outperformance.
Markel (NYSE: MKL) often draws comparisons to an earlier-stage Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), and it's easy to see why. Both are insurance companies at their core, and both use the float from their insurance businesses to invest in common stocks and other businesses.
Source Fool.com
