My 2 Best Buffett Stocks to Buy and Hold in 2022 (and Beyond)
Warren Buffett is without a doubt one of the greatest stock pickers and business minds of our time. During his tenure as CEO of Berkshire Hathaway, he has used the holding company to fund a variety of acquisitions and investments, building an empire that has created tremendous wealth for shareholders. In fact, since 1965, Berkshire stock has generated annualized returns of roughly 20%, crushing the S&P 500.
The secret to Buffett's success cannot be summarized in a single sentence, but he once explained his investment philosophy like this: "In business, I look for economic castles protected by unbreachable moats." In other words, he likes to invest in businesses with a durable competitive advantage. Apple (NASDAQ: AAPL) and Visa (NYSE: V) are perfect examples. And while both companies have already achieved immense success, their stocks are still worth buying today.
Here's why.
Source Fool.com
