2 of the Best Warren Buffett Stocks for a Lifetime of Passive Income
Buffett's wisdom is priceless.
Overview
Warren Buffett stepped down as CEO of Berkshire Hathaway (NYSE:BRKA) (NYSE:BRKB) at the beginning of the year, but he kept his position as chairman of the board. Or at least he did, until recently, when he decided to also give up that role. He became chairman emeritus and remains on the company's board of directors. It's the end of an era at Berkshire. Still, Buffett's investing philosophy -- one which relies on letting time and compounding work their magic -- will likely continue to influence the conglomerate for a long time.
Retail investors can continue to learn a lot from Buffett, notably by revisiting some of his favorite stocks. Let's discuss two of them: Apple (NASDAQ:AAPL) and Coca-Cola (NYSE:KO). These market leaders are great examples of why Buffett's approach is so powerful. Let me explain.
Image source: The Motley Fool.
Details
Source
Originally published at www.fool.com.