3 Buffett Stocks to Avoid Like the Plague in 2021

When it comes to investing, Warren Buffett's name is practically synonymous with wealth and success. According to figures in the most recent annual shareholder letter from Berkshire Hathaway (NYSE: BRK-A)(NYSE: BRK-B), the conglomerate Buffett has run for five decades has returned an average of 20.3% for shareholders since the beginning of 1965. That's an aggregate return of over 2,700,000% in 55 years, which absolutely trounces the broader market.

The interesting thing about Buffett is that he's not doing anything any retail investors couldn't themselves do. Finding companies with sustainable competitive advantages and holding onto them for long periods of time requires nothing more than conviction and patience.

But the Oracle of Omaha and his investment team aren't perfect. Of the roughly four dozen securities currently in Berkshire Hathaway's portfolio, three should be cordoned off with yellow tape and avoided like the plague in 2021.

Source Fool.com