Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett is a truly remarkable business picker. To illustrate the point, a mere $100 invested in Berkshire Hathaway stock 43 years ago would now be worth a staggering $187,000. However, even Buffett is not immune to the forces of "creative destruction" that shape the American economy.

To wit, most of Buffett's extraordinary returns over the years have come from a small handful of exceptional performers such as Apple, American Express, and Coca-Cola. These top performers have been able to consistently expand into new markets, often driving their competitors to extinction.

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Source Fool.com