Investors can learn some valuable lessons from Warren Buffett. The so-called Oracle of Omaha has built a legendary career of sustained success by focusing on companies with strong fundamentals and reasonable valuations. These two stocks are among the best buys in the portfolio of his holding company, Berkshire Hathaway.

Coca-Cola (NYSE: KO) is one of the most reliable consumer staples stocks. It maintains a portfolio of more than 200 brands that are sold in nearly every country around the globe. Coke itself is consistently ranked among the strongest brands in the world, and the company complements its flagship soda products with a range of coffee, tea, water, sports drinks, juices, dairy products, and alcoholic beverages.

The company's brand strength, scale, and diversity create a wide economic moat protecting it from challengers. The company's competitive position could change as consumer tastes evolve, but it's nearly impossible for such a shift to happen quickly. People all over the world would need to completely change consumption patterns across numerous beverages simultaneously. That's not realistic, so Coca-Cola is likely to continue generating strong cash flow for the foreseeable future.

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Source Fool.com