The 1 Stock Warren Buffett Can't Stop Buying

Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has built himself quite the fortune doing something that seems almost foreign to investors today. Namely, buying great companies with clear competitive advantages and holding onto them for very long periods of time. Time, as Buffett has learned, is the great differentiator of success when it comes to investing.

According to Berkshire Hathaway's annual report, released in February, its stock has delivered a compound annual gain of 20.3% over the past 55 years (ended 2019). That's more than double the compound annual return of 10% for the benchmark S&P 500, inclusive of dividends, over the same time frame. With Buffett sporting an extensive track record of beating the market, his advice, suggestions, and investments tend to receive a lot of attention.

Berkshire Hathaway CEO Warren Buffett at his company's annual shareholder meeting. Image source: The Motley Fool.

Source Fool.com