Warren Buffett is known for his incredible stock-picking abilities and for outperforming the market for not only years, but decades. While financial stocks and businesses involved with consumer goods are staples within the Berkshire Hathaway portfolio,

Although the great investor Warren Buffett said that it's better to "learn from the other guys' mistakes" rather than make his own, the co-founder, chairman and CEO of Berkshire Hathaway has made

Warren Buffett, renowned for his successful investments, acknowledges regrets missing out on Amazon and Alphabet due to underestimations and competitive concerns. Conversely, his decision to invest in IBM backfired as the company failed to adapt to new tech trends.

There's no better stock to hold forever than the one that made Buffett a billionaire -- Berkshire Hathaway. A key reason to hold Coca-Cola stock over the long term is that strong consumer brands can raise prices to offset inflationary costs in the supply chain.