3 Riskier Warren Buffett Stocks That Could Beat the Market Long-Term

Warren Buffett is better known for not favoring higher-risk stocks. However, since he has turned some of the stock-picking duties over to his lieutenants, Berkshire Hathaway's portfolio has taken on some riskier investments, particularly in the tech sector. These lieutenants have also bought IPO stocks, a practice Buffett previously avoided.

Still, some of these stocks hold potential for massive gains. To this end, investors would do well to take a closer look at three higher-beta stocks Warren Buffett owns: Nu Holdings (NYSE: NU), Snowflake (NYSE: SNOW), and StoneCo (NASDAQ: STNE).

U.S.-based investors are unlikely to be familiar with Nu Holdings. The Sao Paulo-based fintech financial services platform serves customers in Brazil, Colombia, and Mexico. This is notable because Latin America's fintech sector differs significantly from those in more developed parts of the world. In Nu's chief markets, large percentages of the population have neither bank accounts nor credit cards.

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Source Fool.com