4 Warren Buffett Stocks to Buy in July
When it comes to investing, there's perhaps no better known or more revered investor than Warren Buffett. The man behind Berkshire Hathaway's (NYSE: BRK-A)(NYSE: BRK-B) success built his fortune practically from scratch. In roughly six decades, Buffett has turned nearly $10,000 into a fortune that's worth about $77 billion today.
What's most intriguing about Buffett is how he's accomplished this feat. Buffett hasn't perfectly timed any of the stock market's corrections or recessions, nor has he waltzed in and out of his positions over the short term with success. Buffett's strategy has been to buy high-quality companies with clear-cut competitive advantages and time-tested business models and hang on to them for the long run. It may sound completely boring, but the growth in Berkshire Hathaway's book value has outpaced the growth in the broad-based S&P 500's book value in roughly four out of every five years over the past five decades. That's not luck. That's a smart investing strategy at work.
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Source: Fool.com
