2 Warren Buffett Stocks to Buy and Hold for the Next 20 Years
Take a second look at these companies the next time you go stock shopping.
Overview
"If you aren't willing to own a stock for 10 years, don't even think about owning it for 10 minutes." This timeless advice from Warren Buffett is a prime example of the core philosophy of long-term investing. Successful wealth accumulation isn't about chasing volatile trends or timing market cycles.
Instead, an effective long-term investing strategy should revolve around identifying exceptional businesses with durable competitive advantages and holding them long enough for compounding to work its magic.
Details
When you invest with a two-decade horizon, your greatest asset is time. Here are two stocks to consider putting cash into the next time you go shopping for stocks.
Source
Originally published at www.fool.com.