2 Warren Buffett Stocks to Buy Hand Over Fist and 1 to Avoid
If anyone knows how to navigate different economic cycles, it's the Oracle of Omaha, Warren Buffett. Since taking over at Berkshire Hathaway in 1964, Buffett has delivered investors an eye-opening 3,641,613% return, or more than 20% annually.
Buffett has survived -- and thrived -- through eight recessions since that time. Buffett's secret to long-term success is quite simple: Invest in high-quality companies that offer a margin of safety and hold on to your winners as long as they continue to produce.
This year has been challenging for investors, but it's a good reminder that high-quality companies can withstand bad economic conditions thrown at them. Here are two top-notch Buffett stocks you can buy today -- and one you should avoid for the time being.
Source Fool.com