2 Warren Buffett Stocks That Everyone Should Own
Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett has a gift for growing money. Since 1965, he has guided Berkshire stock to a compound annual return of 20%. That average rate of return would have turned $1,000 into $36 million over 57 years.
Buffett's record of growing money is why many investors watch his every move, but it should be noted that not all the stocks Berkshire holds are picked by Buffett. The company has two other investment managers who oversee a small portion of Berkshire's assets. Since Ted Weschler and Todd Combs were selected to eventually oversee Berkshire's entire portfolio when Buffett isn't around someday, these managers also possess outstanding investing skills and are worth following.
Let's look at two Berkshire holdings, Apple (NASDAQ: AAPL) and Amazon (NASDAQ: AMZN), that any investor should feel comfortable owning for many years.
Source Fool.com