Berkshire Hathaway Chief Executive Officer Warren Buffett is arguably the most successful investor in modern history. When he purchased a controlling stake in the company in 1965, the stock was trading at roughly $18. Today, a single share of Berkshire's Class A stock costs roughly $545,000. If you owned a $1,000 position in the company when Buffett took over and held onto your shares, your holdings would now be worth well over $29 million.

Buffett has primarily built Berkshire's incredible, world-beating success by investing in U.S.-based businesses and assets. But the Oracle of Omaha has made some notable bets on international stocks -- and some of these lesser-known plays could wind up delivering incredible returns.

If you're interested in Buffett-backed stocks with explosive potential, read on to see why buying this overlooked stock and holding for the long haul looks like a great move right now.

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Source Fool.com