The No-Brainer Stock Warren Buffett Should Buy Right Now
Warren Buffett is, arguably, the most revered investor of our generation. The "Oracle of Omaha," as he's come to be known over the years, turned seed capital of $10,000 in the mid-1950s into a net worth today of more than $82 billion as of today. His company, Berkshire Hathaway (NYSE: BRK-A)(NYSE: BRK-B), which he's led as CEO for nearly 50 years, has also created more than $400 billion in value for shareholders over the years.
What's perhaps most interesting about Buffett is that his "secret" to success is no secret at all. Instead of jumping in and out of stocks and looking for quick hitters, Buffett seeks out businesses that offer clear competitive advantages and that trade at a discount. Most important, he tends to hold these investments for a long period. Core holdings, such as Coca-Cola and Wells Fargo, have been fixtures in Buffett's portfolio for more than 30 years.
But the big question on investors' minds is, "What will Buffett buy next?"
Source Fool.com
