Warren Buffett once said, "If you aren't willing to own a stock for 10 years, don't even think about owning it for 10 minutes." Buying or selling a stock based on what it may do for your portfolio in the short term isn't a profitable way to invest over the long term. 

However, if you're only buying great businesses with sustainable competitive advantages and plan to hold them for many years -- a key aspect of Buffett's strategy in building Berkshire Hathaway's famed portfolio -- you can root out the weeds and focus your capital on compelling, long-term growth stories.

Let's take a look a two such stocks from the Oracle of Omaha's portfolio that long-term investors may want to buy in the current discounted market. 

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Source Fool.com