2 Warren Buffett Stocks to Buy and Hold for Decades

Investing legend Warren Buffett has offered plenty of stock picking advice over the years, but there's one notion of his that seems pertinent to the current market environment. Buffett encouraged investors to be “fearful when others are greedy, and greedy when others are fearful.”

With the S&P 500 down 12.6% year-to-date and the Nasdaq Composite trading almost 22% down, it's pretty clear there is some investment fear at the moment. So what stocks might offer an opportunity for long-term investors to get a little greedy at the moment? Looking at stocks that can be found in Buffett-controlled Berkshire Hathaway's portfolio, Amazon.com (NASDAQ: AMZN) and RH (NYSE: RH) seem to have what it takes to make great long-term picks. Let's take a look at these two Buffett stocks and learn a bit more about them.

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Source Fool.com