Billionaires Bill Gates and Warren Buffett Both Own This Stock -- and It's Trounced the S&P 500 Over the Long Run

Warren Buffett and Bill Gates have a surprising number of things in common. They both rank among the wealthiest people in the world, of course. Each man has given significantly to charity. Both play bridge (often against each other). Buffett and Gates also read a lot.

They even invest in some of the same stocks. One stock owned by both Buffett and Gates has especially trounced the market over the long run.

Buffett's Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) and the Bill Melinda Gates Foundation Trust have positions in Kraft Heinz. Berkshire's New England Asset Management subsidiary also owns shares of Crown Castle, Microsoft, and Walmart, all of which are in the Gates Foundation Trust's portfolio.

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Source Fool.com