No investor is more synonymous with long-term success than Warren Buffett. The legendary chief of Berkshire Hathaway is nicknamed the Oracle of Omaha for a reason: He's so good at making the right picks that it almost seems like he can see into the future. Today, he oversees a portfolio worth $332 billion.

He believes in picking great companies and sticking with them rather than scouring the market for great prices and actively trading. That's pretty much what I believe, too. As Buffett puts it: "When you find a truly wonderful business, stick with it. Patience pays."

One of his best long-term bets remains his top holding, Apple (NASDAQ: AAPL). Berkshire's stake in the iPhone maker amounts to $135 billion, making up about 41% of the holding company's entire portfolio. 

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Source Fool.com