Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) share price has climbed by more than 2,525,500%since CEO Warren Buffett purchased control of the company in May 1965. With such staggeringly successful performance, that means that a $1,000 position taken in the company back then would be worth more than $25.26 million if you were lucky and wise enough to hold on to it through the years. 

With that kind of incredible, world-beating track record, it's little wonder that so many people turn to Buffett and Berkshire Hathaway when they're looking for investing advice, guidance, and inspiration. If you've got your core financial bases covered and have additional money available to invest, here's why taking a buy-and-hold approach with these two Buffett-backed stocks would be a great move. 

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Source Fool.com