3 Stocks to Buy and Hold for Decades

Warren Buffett, arguably the most successful investor in U.S. history, has proven the effectiveness of the buy-and-hold strategy. Buffett has amassed a personal fortune by holding positions for decades armed with a long-term vision, which is why I've chosen the three following companies from Buffett's Berkshire Hathaway (NYSE: BRK.A) portfolio to discuss. 

These companies fit the Buffett profile as they are innovative, dominate their industries, and have the potential to consistently outperform the S&P 500.

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Source Fool.com