Warren Buffett knows a thing or two about picking stocks. As CEO of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), he delivered a staggering return of 3,787,464% to the company's shareholders from 1965 to 2022. 

He has applied a proven strategy of buying shares in wonderful businesses and holding onto them for years. Two of the largest holdings in Berkshire Hathaway's equity portfolio are Coca-Cola (NYSE: KO) and Apple (NASDAQ: AAPL). Here's why they should deliver good returns for many years.

Coca-Cola enjoys a dominant position as the top non-alcoholic beverage company in the world. Its iconic brand is the primary reason Buffett initially invested in the stock more than 30 years ago. As of the end of 2023's first quarter, Berkshire still held 400 million shares of the beverage giant.

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Source Fool.com