5 Warren Buffett Stocks to Hold Forever
It's hard to believe that this is the last quarter that the legendary Warren Buffett will be leading Berkshire Hathaway -- the former textile company that he turned into a massive conglomerate with its fingers in real estate, insurance, railroads, and energy.
Over Buffett's 60-year career, he's also assembled a mighty investment portfolio for Berkshire Hathaway, comprising dozens of companies and valued at more than $300 billion. Buffett's buy-and-hold investment style led Berkshire Hathaway to massive gains, compounding 19.9% annually versus the S 500's compounded annual gain of 10.4%.
Buffett, now 95, is retiring at the end of the year, but the lessons he's taught us all will persevere -- find companies with strong management, leading positions in their industries, reliable revenues, and strong histories of earnings.
Source Fool.com
