3 Robinhood Stocks Even Warren Buffett Loves

Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett may be taking some heat for underperforming the benchmark S&P 500 over the last decade, but there are few, if any, investors who can match his performance over the past 55 years. Through the end of 2019, Berkshire Hathaway's per-share market value had increased by 2,744,062%, which compares pretty darn favorably to the S&P 500's return of 19,784%, inclusive of dividends, over the same stretch.

What's made Buffett such a successful investor over so many decades is his desire to buy great businesses with clear-cut competitive advantages, and to hang onto his investments for long periods of time.

You could certainly say that Buffett's investment style contrasts with that of the typical Robinhood investor, who is perceived on Wall Street to be a millennial or novice chasing today's hottest stocks. This high-risk strategy caused a lot of short-term traders to crash-and-burn two decades ago during the dot-com bubble.

Source Fool.com