3 Discounted Buffett Stocks to Buy Hand Over Fist in September
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett is practically in a class of his own when it comes to investing success. Since taking over as CEO in 1965, he's helped create more than $500 billion in value for Berkshire Hathaway's shareholders and delivered an average annual return for the company's shares of 20%. Taking into account the year-to-date gains of the Class A shares (BRK.A), Buffett has seen his company's stock return nearly 3,400,000% since 1965.
The Oracle of Omaha's not-so-subtle secret to success has long been to buy businesses with sustainable competitive advantages and hold them for long periods of time. Once in a while, some of these "Buffett stocks" go on sale for investors. The following trio of discounted Buffett stocks can be confidently bought hand over fist in September.
Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.
Source Fool.com
