Warren Buffett Has Recommended This Surprising Investment for All Investors During Any Market Environment. Here's How It's Turned Out, According to History.
Buffett has delivered six decades of investing victories.
Overview
Warren Buffett has built his fortune, the fortune of others through his leadership at Berkshire Hathaway, and his reputation thanks to his stock-picking skills. The billionaire, who has retired as CEO of the holding company but remains chairman, knows how to identify a quality company -- and he makes the wise move of holding onto such companies for the long term.
This stock-picking strength helped Buffett lead Berkshire Hathaway to a compounded annual gain of nearly 20% over six decades. So investors generally pay close attention when Buffett makes an investing move or offers advice -- his words may play a key role in our quest to build wealth.
Details
Today, Buffett's wisdom may be particularly appreciated as a certain amount of uncertainty has weighed on investors' minds. Indexes have soared, with the Dow Jones Industrial Average even reaching beyond 53,000 for the first time ever in recent days. But ongoing conflict in Iran, technology companies' high spending on artificial intelligence (AI), and the approach of earnings season have made investors more cautious.
Source
Originally published at www.fool.com.